The restraint of trade and confidentiality obligations for a member of the management board after their term of office
The restraint of trade and confidentiality obligations for a member of the management board after their term of office A member of the management board of a private limited company or a public limited company has a central role in the management of the company as prescribed by law. In performing their duties, a mana...
How to Prepare for a Court Hearing: Essential Tips and Recommendations
How to Prepare for a Court Hearing: Essential Tips and Recommendations A court hearing can seem intimidating and even overwhelming. How should you behave? When should you speak? What should you expect? Lepmets & Nõges Law Firm outlines the key aspects of court hearings to help you feel more confident and well-prepar...
Motor Vehicle Tax 2025: Key Details for Car Owners
Motor Vehicle Tax 2025: Key Details for Car Owners Starting January 1 of next year, the Motor Vehicle Tax Act will come into force, impacting motor vehicle owners and responsible users. According to the law, the motor vehicle tax will comprise two components – a yearly tax and a registration fee. According to the...
ALFA International ABM 2024: Connections, Profitability and Recruitment
ALFA International ABM 2024: Connections, Profitability and Recruitment The 2024 ALFA International Annual Business Meeting took place October 23-25, 2024, in New York, USA. Lepmets & Nõges Law Firm participated in this premier event for the second time. For more about why we joined ALFA International and what this...
What to Consider When Getting a Divorce?
What to Consider When Getting a Divorce? Divorce is not always a straightforward process, as it may involve legal disputes. When spouses decide they can no longer continue their marriage and opt for a divorce, the first step is to choose the appropriate method. A marriage can be dissolved by mutual agreement at the...
Sale and purchase of real estate in Estonia
SALE AND PURCHASE OF REAL ESTATE IN ESTONIA A lot has been written about the basics of real estate transactions. Unfortunately, stories still emerge in the media where forgetting these basics has led to very unfortunate consequences for one of the parties involved. To minimize the number of such stories in th...
We Honor Traditions and Grow Our Team
Golf x LENO Traditions are valuable, and it's important to support each other. At the beginning of September, we celebrated 11 years of collaboration with the wonderful Kedi Välba, whose dedicated efforts have allowed us to be long-term supporters of the Viljandi County Golf Championships. Through this partnership,...
The End of Debt Collection Agencies' Freelancing
The End of Debt Collection Agencies' Freelancing Taking out loans is common in society, and much of the financial services market relies on it. If responsible lending principles are followed and the loan amount does not exceed the maximum credit cost rate, the logical end of the process is proper repayment. However,...
Seasonal Workers – What to Consider?
Seasonal Workers – What to Consider? For many businesses, the approaching summer brings an increase in workload, particularly in sectors such as agriculture or tourism. When faced with a seasonal increase in workload, it is possible to hire seasonal workers. Although legislation uses the concept of seasonal work onl...
Attorney explains: capital requirements of a LLC
Attorney explains: capital requirements of a LLC Since the enforcement of the first Commercial Code in 1995, Estonian law has required all private limited companies to have a certain minimum share capital. Originally, this amount was 40,000 kroons, which was a considerable sum at the time. After the adoption of t...
Attorney explains: how to avoid tax control
Attorney explains: how to avoid tax control For even a highly exemplary taxpayer company, a Tax and Customs Board (ETCB) control is an unpleasant and time-consuming process. It is much more pleasant to invest time and energy into business development. Since taxes are a relatively complex area, the perspectives of th...
Attorney explains: validity and public disclosure of decisions made in an apartment association's general meeting
Attorney explains: validity and public disclosure of decisions made in an apartment association's general meeting Financial and legal journal RUP published an answer provided by our office's Attorney-at-law Tauri Tigasson to a reader's question, concerning the validity and public disclosure of decisions made in a ap...
Lepmets & Nõges clients rank first on the Coinloan preliminary creditors list
Lepmets & Nõges clients rank first on the Coinloan preliminary creditors list On the 14th of December 2023, Coinloan bankruptcy proceedings finally reached a next important stage in the proceedings with the publication of notice of examination of the list of creditors. Law stipulates that creditors have no more tha...
Attorney explains: internal investigation
Lawyer explains: internal investigation What is an internal investigation? Internal investigation (also known as internal audit) of a company is an analysis of the company's history and status quo. Estonian law does not define internal investigation. Swiss legal experts have defined internal investigati...
Attorney explains: increasing share capital for selling shares without a notary
Attorney explains: increasing share capital for selling shares without a notary The financial and legal journal RUP published a response by our office partner and attorney-at-law Kristjan Nõges to a reader's question. The content of the question revolved around amending the articles of association of a private limit...
September highlights
September highlights Golf x LENO September began for our office with honoring dignified traditions. Time flies, and almost unnoticed, it has been 10 years since the first time we had the honor to support the Viljandi County Golf Championships. During this time, our small law office, originally consisting of just...
CoinLoan creditor claim submission deadline passes, filing exclusion claims still possible
CoinLoan creditor claim submission deadline passes, filing exclusion claims still possible CoinLoan OÜ was a cryptocurrency platform registered in Estonia, which offered multiple cryptocurrency related services and products, such as custodial wallets, fixed and flexible interest accounts, FIAT and stablecoin loans s...
Attorney explains: how to divide assets after the termination of a registered partnership
Attorney explains: how to divide assets after the termination of a registered partnership The termination of a registered partnership may (but not necessarily) grant the partner a financial claim. When registering a partnership, partners jointly choose the property regime applicable to their partnership. The options...
Attorney explains: a LLC established without initial capital and withdrawals
LENO x RUP Law firm Lepmets & Nõges has started a collaboration with the financial and legal magazine RUP! The magazine RUP (Accounting News) is the first economic publication in Estonia, targeting accountants and financial professionals, and has been published since 1995. The authors of practical materials, recomme...
Software-as-a-service (SaaS) contracts in Helsinki
On the last weekend of May, partners and representatives of the ALFA International European member firms gathered in Helsinki. For the first time, Estonia was represented, with the role being carried out by the partners of Lepmets & Nõges Law Firm, Ott Lepmets and Kristjan Nõges. Among other things, attorneys Ott Lepme...
The amendment to the Packaging Act brings new obligations to many small businesses.
The amendment to the Packaging Act brings new obligations to many small businesses. All law firms regularly come across different types of cases where entrepreneurs unintentionally fail to properly preform an obligation arising from a law due to lack of legal knowledge. Unfortunately, entrepreneurs tend to turn...
What do you need to know when establishing a private limited company (OÜ)?
What do you need to know when establishing a private limited company (OÜ)? If you want to start a business and establish a private limited company (OÜ) for that purpose, you need to know various legal nuances. Only then can you make informed decisions and have a better understanding of the business world from a busi...
What the Non-Profit Associations Act comprehends?
What the Non-Profit Associations Act comprehends? The Non-Profit Associations Act is an important law in the Estonian legal system that regulates the creation and activities of non-profit associations. This act establishes the rules that non-profit associations must follow, what they can and cannot do. This article...
Inheritance: How to Ensure the Transfer of Your Assets after Death?
Inheritance: How to Ensure the Transfer of Your Assets after Death? Each of us should properly consider what will happen to our assets after death and make arrangements accordingly, especially if we have already accumulated a larger amount of property. Unfortunately, death can strike unexpectedly, so this is not...
ALFA International x LENO
We are pleased to announce that we represent Estonia in the global legal network ALFA International! ALFA International is the premier global legal network, with a membership of over 140 independent law firms in more than 50 countries. Membership in the organization is by invitation only and requires a rigorous sel...
What must an Estonian VAT taxable person know?
What must an Estonian VAT taxable person know? Value-added tax (VAT) is an indirect consumption tax added to the price of goods or services, which must be paid by the consumer of the goods or services. Accounting for VAT is inevitably associated with the activity of any reasonably large enterprise. The Estonian...
LENO x The Alps
The attorneys at the law firm Lepmets & Nõges have several common denominators, but if one had to be highlighted, it would be their pursuit of new peaks. Therefore, do not be surprised if you encounter our entire team in the Alps! If you also appreciate good technique and are not afraid of fast descents, then let us...
Hiring an employee or purchasing a service - which one to choose?
Hiring an employee or purchasing a service - which one to choose? If you are an entrepreneur whose workload is overwhelming, or if you need help in a field where you lack expertise, you inevitably need to seek assistance from a third party. However, it is often not clear whether to choose hiring an employee or purch...
The Different Types of Damages
Lawyer explains: The Different Types of Damages Various events can cause damages, such as when a partner violates a contract, when a careless neighbour floods your apartment, or when a drunken visitor attacks you in a bar. The damages resulting from such actions can also occur in several different forms. In general,...
How is a criminal proceeding conducted?
Lawyer explains: How is a criminal proceeding conducted? How does a criminal proceeding begin? A criminal proceeding usually begins after a crime report is submitted to the prosecutor's office. For example, a company owner makes a written appeal to the prosecutor's office that a board member is embezzling the com...
