General jurisdiction information:
Officially known as The Republic of Estonia, it is a state in the northern part of Eastern Europe, neighbouring Latvia and Russia and adjoining the Baltic Sea to the north and west. To the north of the country, the Gulf of Finland separates it from Finland. Estonia is the northernmost Baltic state and is also the smallest, with a total area of just over 45,000 sq km of which around 10% is made up of multiple islets (approximately 1,500). Concentrated mostly in the western part of the country, the largest of the isles form West Estonian Archipelago. The marine area between the islands and the mainland is called the Väinameri Sea (or the Sea of Straits).
Estonia is renowned for its picturesque coast and its numerous lakes (over 1,000) that offer perfect conditions for water sports, diving and sailing. The most prominent lakes are the largest and the most breathtaking – Chud and Võrtsjärv. Almost half of the country is covered by pine forests that majestically rise from the beaches of the lakes and the country is abundant with historical sights including medieval castles, forts, fortified monasteries and churches and the remains of ancient towns.
Estonia joined the Council of Europe in 1993 and in 2004 it became a full member of the EU and the Schengen Area. In 2011 the country adopted the Euro.
According to figures collated in 2015 the population was over 1,300,000. The capital city of Estonia is Tallinn, the national language is Estonian and the official currency is the Euro (EUR).
Estonia attracts foreign investors with its rapidly developing and advanced national economy with the perfect environment for competitive business. For many years the Republic of Estonia has retained top positions in the economic freedom world rankings and continues to demonstrate sustained improvement of its business environment that beats average EU values. Economic sustainability, an advanced financial sector and a high level of hi-tech and infrastructure development contribute to the main advantages of the economy.
The investment process in Estonia is stimulated by the four existing free economic zones. Estonian attractiveness for foreign investors is further improved by the comfortable tax regime within the jurisdiction as well as a simple and cost-effective company incorporation and administration procedure.