In Estonia, most of the goods and services are subject to Value Added Tax (VAT). The VAT registration threshold for local entrepreneurs is EUR 16,000 in a calendar year. The time necessary for completing the registration after submitting all documents is 3 working days; foreign entrepreneurs must complete their VAT registration before conducting taxable transactions.

Expanding a market share in Estonia allows to expand further also towards the Scandinavian countries. The taxation…

Official Name: Republic of Turkey

Capital: Ankara

Total area: 783 562 km2

GDP per capita: $17,651

Native Language: Turkish

Government: Unitary parliamentary republic

Population: 75,627,384

Major Religion: Islam

Monetary Unit: Turkish lira (TRY)

Turkey, officially the Republic of Turkey, is a transcontinental country, located mostly on Anatolia in Western Asia and on East Thrace in Southeastern Europe. Turkey is bordered by eight countries:…