Which steps has the capital of Estonia taken in order to provide a good environment for businesses?
Tallinn is the economic hub for the entire country and greatly benefits from the country’s decision to integrate into Europe as fast as possible and as much as possible. Estonia joined the EU in 2004, the Schengen zone in 2007, the OECD in 2010, and the Eurozone in 2011. Tallinn also benefits from Estonia’s tax policy which does not tax profits of companies that keep the profits in the country. The country has great e-governance services which mean less paperwork and faster answers in any engagement with the government. This is one reason why it is the startup capital of Europe. Recently the country has developed an innovative e-residency program, so more people can take advantage of e-services.
Is there anything Tallinn can offer that other cities can’t?
Tallinn is an innovative city where people can come and live their own Estonian dream. Entrepreneurs, students, and anyone who dreams big all take advantage of all Tallinn has to offer. From the free public transportation for Tallinn residents to the ideal location for transit and shipping, Tallinn is a place filled with opportunity.
Let’s imagine a little. How would Tallinn look like without the influence of globalization?
Tallinn can’t be imagined without globalization, the medieval old town reminds of the days when Tallinn (then named Revel) was part of the Hanseatic league. Trade made Tallinn what it is today. Glass skyscrapers, WIFI hotspots, and new ships in the harbor have given globalization a new face.