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Full Description
This work provides an authoritative appraisal of Estonia's current economic system and investment climate, an update on legal structure and business regulation, information on the financial sector and best practice on all aspects of trading with and investing in the country. For a decade, the Republics of Lithuania, Latvia and Estonia have been consolidating on their newly re-established sovereignty and seeking to establish themselves in their own right as fully fledged emerging markets in the North-Eastern corner of Europe. From this perspective, Estonia, the smallest of the three countries with a population of under 1.4 million and an area of just over 45,000 square kilometres, is regarded by many commentators as one of Central and Eastern Europe's most successful transitional economies and emerging markets. The Estonian Government was amongst the most progressive of the reforming, newly independent ex-Soviet Republics in the early to mid-1990s. As in many of the states of Eastern Europe, Estonia embarked upon an aggressive programme of privatization of state property, as public enterprises constituted the bulk of the Estonian economy during the Soviet years. Furthermore, Estonia is likely to join the European Union in the next round of enlargement in May 2004, which will subsequently give investors in the country access to the EU's vast network of trade agreements with over 100 countries world-wide. Information for this book and the companion website has been supplied by a network of contacts in Estonia, including Hedman Osborne Clarke and the Estonian Investment Agency. Other valuable sources include local offices of Deloitte & Touche, Enterprise Estonia and the Estonian Chamber of Commerce and Industry. The book provides a guide to business practice and trading opportunities and provides up-to-the-minute information regarding market potential and all aspects of doing business in and with Estonia. A unique user password supplied with this book allows readers to access a complementary website. This provides easy access to the material in a clear searchable format. It also allows the contributors and publisher to keep readers up to date with latest developments and to update chapters as and when relevant.
Contents
1: The business context: Economic Performance and Outlook, Estonia and the EU, The Foreign Investment Regime, Corporate Intelligence and Business Risk, The Legal Framework in Estonia, Privatisation and the Legal Environment for Reform, Alternative Corporate Structures, Agency, Distribution and Franchise Agreements, Employment Law Intellectual Property, Dispute Resolution, The Banking System and Capital Markets, Accountancy and Audit, Business Taxation, Trade Finance, Investment Banking and Joint Ventures. 2: Sector profiles. 3: Case studies
