Although Estonia is part of the Baltic region, it has a Scandinavian approach to business and the
economy. The country's economy is growing at an impressive rate every year. Estonia is a big
advantage is also its excellent geographical location, which ensures unlimited contacts with both the
Scandinavia, the Baltic States and other European countries. Estonia makes double taxation a thing of the past
with as many as 30 countries, the VAT rate is 20% and transactions in EU countries are tax-free.