Taxes in Estonia 2014-2016

	2016	2015	2014
VAT (käibemaks)	20%/ 9%/ 0%	20%/ 9%/ 0%	20%/ 9%/ 0%
VAT registration threshold	16 000 €	16 000 €	16 000 €
Income Tax (tulumaks)	20%	20%	21%
Corporate Income Tax*	20/80	20/80	21/79
Income Tax on Payments by Companies**	20/80	20/80	21/79
Tax Free Income	2 040 € per year or 170 € per month	1 848 € per year or 154 € per month	1 728 € per year or 144 € per month
Additional Tax Free Income For Parents***	1 848 € per year or 154 € per month	1 848 € per year or 154 € per month	1 728 € per year or 144 € per month
Additional Tax Free Income For Pensioneers	2 700 € per year or 225 € per month	2 640 € per year or 220 € per month	2 520 € per year or 210 € per month
Daily Allowance for International Business Trips	50€****	32 €	32 €
Social Tax (sotsiaalmaks)	33%	33%	33%
Calculation basis for minimal social tax	390 €	355 €	320 €
Minimal social tax per person per month	128,70 €	117,15 €	105,60 €
Pension Contribution (kogumispensioni makse)	2% or 3%	2% or 3%	2%
Unemployment Insurance Contribution (töötuskindlustusmakse)
Employee part	1,6%	1,6%	2,0%
Employer part	0,8%	0,8%	1,0%

Minimum salary
Per hour	2,54 €	2,34 €	2,13 €
Per month	430 €	390 €	355 €

Minimal share capital for a private limited company	2 500 €	2 500 €	2 500 €
Minimal share capital for a public limited company	25 000 €	25 000 €	25 000 €

* Deferred – only paid when dividend is distributed.

** Fringe benefits, gifts, donations, representation costs, dividends, non-business related costs (erisoodustused, kingitused, annetused, vastuvõtukulud, dividendid, ettevõtlusega mitteseotud kulud).

*** Per child up to the age of 17, starting from the second child.

**** Applicable for the first 15 days of the trip and at maximum for 15 days per month. 32€ per day for the following days.