The best way to purchase a business in Estonia is done by making use of an Estonian M&A advisor who knows about the local business habits and who is up to date with the economic and financial status of his country. When doing business in Estonia it is necessary to have an advisor with a track record in M&A. The strength of the Corporate Finance in Europe team is the combination of in depth knowledge of our core industries combined with geographical knowledge of Estonia including speaking the local language.
Get informed about the tax and legal landscape in Estonia
Should a M&A advisor know about local habits? The Estonian language may be a hurdle for buying a company in Estonia. If you are an European business owner we bring you a contact person who speaks the native language. Find out in international M&A advisors if your native speaking advisor is available. Estonia is a country with around 1,3 million inhabitants and a GDP of 23 Billion US$. The country has shown economic growth over the last 2 decades and this is expected to continue mainly due to its well educated population. Estonia is ranked 16th in the 2012 Index of Economic Freedom, with the freest economy in Eastern Europe and the former Soviet Union.
Still to be adjusted: Strong industries in Estonia are tourism and manufacturing. Manufacturing is mainly related to the automotive and textile industry but shipbuilding and machines are also important. Other key sectors of the Estonian economy are banking, construction, home appliances, electronics, textiles, shale oil and petrochemical products, food, mining, iron and steel. The governmental financials are healthy.
Our M&A associate members perform M&A related services like taxes, legal services, due diligence and valuations to get to a successful deal.
Should a M&A advisor be informed about the Legal landscape? Legal aspects are of high importance when buying a business. Your advisor needs to be up to date with the legal framework that applies to M&A transactions in Estonia. Important legal matters are having control of the company you buy in Estonia and being in a position to fully understand the consequences of management agreements for the main directors. CFIE has a vast understanding of the legal surroundings regarding M&A projects in Estonia and has a large network of legal advisors to touch base with for specific M&A related Legal issues.
Should a M&A advisor know how tax matters affect a M&A project in Estonia? Tax aspects are important when buying a business. Your advisor needs to be up to date with the tax framework that applies to M&A transactions in Estonia. It is wise to set-up the acquisition in a tax friendly and well-structured way so you will not get any negative surprises due to tax issues in a later stage. CFIE has good knowledge of tax aspects surroundings M&A projects in Estonia and has a large network of Tax advisors to touch base with for specific M&A related Tax issues. Check Tax aspects of buying a business in Estonia to get further information on this topic.
For a buy and build strategy Estonia can be an interesting country. Within the CFIE team of M&A advisors many are experienced in executing this strategy. There a large number of potential add-on targets in Estonia available. For more general information please go to buy and build strategy.
If you have plans for buying a business in Estonia don´t hesitate to contact us. The M&A advisors of Corporate Finance in Europe are ready to help you out on the purchase of an Estonian company. For free advice about the perspectives of buying a business in Estonia get in touch now.