Help! My company has been deleted! – What to do if the Estonian commercial register has deleted your company?

Learn the necessary steps for getting your business back on track.

Continue reading

When to turn to the Labour Dispute Committee?

We outline the procedure and deadlines for resolving labor disputes for employers and employees in Estonia.

Continue reading

Connection between ESG and Data Protection

Get to know the importance of aligning business practices with ESG principles and regulatory requirements, particularly regarding data protection and environmental sustainability

Continue reading

Investment Agreements – A Comprehensive Guide

Discover the essentials of investment agreements in this guide, covering the key aspects and considerations for startups

Continue reading

Foreigners Working in Estonia: Opportunities to explore

Key visa and residence options for foreigners working or starting a business in Estonia

Continue reading

Convertible loans: benefits, risks, and legal considerations for businesses and investors

All you should know about convertible loans as a startup

Continue reading

How to draft an option agreement: a detailed guide, recommendations, and advice

We explain the key aspects to consider when drafting an option plan and option agreements.

Continue reading

EU Countries have just approved the technical details of the AI Act 

A consensus has been reached on the EU AI, which represents a critical advancement towards the next stage in the legislative process

Continue reading

Valued-added tax (VAT) is going to increase by two percent

We explain with some examples what you should take into account when calculating VAT from the new year

Continue reading

Enforcement has just been made easy with the new Central Enforcement Register

The new register is expected to become operational on 1 January 2024

Continue reading

The European Union unveils groundbreaking AI Act to foster responsible AI development

What you should know about the EU AI Act and preparing for it

Continue reading

Essential updates for businesses and individuals in Estonia: Key regulatory changes for 2024

This guide provides a comprehensive overview of the key regulatory updates that will take effect in the coming year

Continue reading

Biometric data and privacy: Issues arising 

Discover how the GDPR impacts biometric data use, learn from real-world case studies, and get insights into the EU's future AI and privacy regulations.

Continue reading

Dealing with overdue invoices and debtors in Estonia 

Managing overdue invoices and handling debtors can be quite frustrating. So, what should you do if an Estonian company owes you money? 

Continue reading

 Securing your crypto assets: What you should know as an investor

Explore the complexities of securing crypto assets in Estonia, including the challenges and solutions for investors in this evolving landscape

Continue reading

The changing attitudes towards filing letters of demand

Facing a defamation demand letter? This blog post explores the shift in legal perspectives, outlines your options, and offers practical tips on how to respond effectively.

Continue reading

Tech developments driving legal evolution in Estonia

Experts share their most innovative recent projects and pinpoint what makes Estonia a technology powerhouse.

Continue reading

Evaluation of foreign direct investment and its implications for businesses

Explore the critical implications of EU Regulation 2019/452 and Estonia's VUHS Act on foreign direct investment, from assessment procedures to potential penalties for businesses

Continue reading

Data breach response plan: A step-by-step guide for businesses

Master the essentials of responding to data breaches in line with GDPR guidelines, from identification to notification, with this comprehensive guide for businesses.

Continue reading

The list of shareholders is going to be kept by the Commercial Register – who will be affected by this change?

It comes into force this September.

Continue reading

A growing number of people are losing their family’s estate to total strangers

Here's all you should know about the recent increase in legal battles between enforcement agents and successors regarding family estates.

Continue reading

Copyright and privacy implications of using artificial intelligence to generate code

With the lines between human and machine creativity blurred, who can be considered the creator of AI-generated code and, thus, the holder of copyrights? 

Continue reading

Why do real estate reservation agreements often end up being void?

Real estate reservation agreements and the legal complexities surrounding them.

Continue reading

Understanding employee rights in termination for economic reasons

Understanding employee lay-offs for economic reasons: what you need to know.

Continue reading

Estonian crypto tax guide: Which transactions are considered tax-free or “nothing” in the crypto sphere?

The categorisation of crypto transactions as either taxable or exempt for VAT purposes.

Continue reading

Estonian companies could face even more huge data protection fines

Due to changes to the European Union law coming into force, it will be much easier for the Data Protection Inspectorate to fine companies for data protection breaches.

Continue reading

Wage attachment notices: a nerve-wracking added workload for accountants

Issues related to wage attachment can be quite daunting for both employers and accountants. However, with this guide, it can be less complicated.

Continue reading

GDPR: companies and public authorities fined nearly €3 billion

Several companies have been fined significant amounts since the GDPR came into force about five years ago, and there's no sign that this is about to change. What should you know?

Continue reading

Google Analytics 4: revealing upcoming privacy changes

Now that Google Analytics 4 has replaced the Universal Analytics, discover the upcoming privacy changes designed to enhance GDPR compliance and prioritise user privacy.

Continue reading

How to pay taxes in the sharing economy?

There are new amendments to the Tax Information Exchange Act and the Taxation Act and they affect reporting obligations for various online platforms. Here's what you should know.

Continue reading

Revolutionize your business with AI: Expert legal guide to harnessing the power of ChatGPT and DALL-E

AI can be both good and bad news for your business, depending on your approach. Here is the right way to harness ChatGPT and DALL-E.

Continue reading

The Supreme Court: banks can no longer terminate contracts concluded with consumers without good reason

It is now clear in which circumstances a credit institution can unilaterally terminate a payment service contract with a consumer.

Continue reading

Best jurisdiction for starting a Web3 start-up?

While Estonia and Switzerland are two of the most attractive jurisdictions for setting up a Web3 company in Europe and even worldwide, some significant differences highlighted here might influence your choice destination

Continue reading

Stop! Halt the AI

With the undeniable growing capacity of AI to compete with and supersede humans comes the fear of the danger this might pose. In a public letter, experts call for caution.

Continue reading

Are you aware of Estonia’s new language requirement for employment-based TRP renewal?

Foreigners seeking to extend a TRP will now need to provide evidence of proficiency in the Estonian language. What should you know?

Continue reading

GDPR fine statistics show no signs of decline

GDPR fines are increasing. The focus is shifting to AI and machine learning.

Continue reading

Trademark registration and protection

A comprehensive article on what a trademark is, how to check if it's already registered, and what to do to protect your trademark.

Continue reading

Liquidating a company in Estonia

The process of liquidating a company can be pretty daunting. However, it doesn't have to be if done right. This is how to go about it in Estonia.

Continue reading

Savings and loan associations to face a number of legislative changes

What are the main changes that current savings and loan associations will have to take into account, and when? Here is all you should know.

Continue reading

Founding a company with 1 cent – 3 reasons why this is NOT a good idea

It is now possible to establish a LLC with a share capital of just one euro cent. We list 3 reasons why this is NOT a good idea.

Continue reading

The autonomous employee – more flexibility in employment relations

A new amendment to the Employment Contracts Act entered into force on 24 December, introducing the concept of an autonomous employee.

Continue reading

Markets in Crypto-Assets (MiCA) Regulation – long awaited but feared

Estonia has become known as one of the more strictly regulated jurisdictions for establishing crypto-related businesses.

Continue reading

Options and marriage – does the employee’s spouse become a shareholder together with the employee?

Spousal assets may also include options and shares in companies distributed as part of an employee incentive package.

Continue reading

Can data from public LinkedIn profiles be collected and used for business purposes?

A US court ruling in a long-running case between hiQ Labs and LinkedIn has left the legal boundaries of data privacy and use of data from the platform still in dispute.

Continue reading

Learning from the FTX fiasco – the importance of regulation

The FTX fiasco might have changed the market for good. Here is what it means for regulations now and in the future.

Continue reading

Equity in red – how to rebuild your net worth?

Your equity might be in red, but it is not the end. This is what to know and do to rebuild your net worth.

Continue reading

Originality in copyright – 3 real-life examples

Toomas Seppel uses three real-life examples to examine the concept of originality and how it applies to copyright under EU law.

Continue reading

Selling a company in Estonia: how to go from first interest to concluding a successful contract?

Several issues need resolving before one can sell a company in Estonia. Our Senior Associate Kati Pino explains.

Continue reading

3 important updates to the Employment Contracts Act

These updates will increase employee protection and ensure that employees are informed of the terms and conditions of their employment relationship.

Continue reading

Fines for data protection have set a new record

Fines for data protection have set a new record this year, with companies such as Clearview AI, Google and Meta being fined millions of euros. There seems to be a pattern.

Continue reading

GDPR data protection audit – why and when is it needed?

Why you need to do a GDPR audit, how to plan an audit and everything else you need to know.

Continue reading

Women at the top of law firms: Merlin Seeman

The Estonian Bar Association has an article series about notable female lawyers. Here's our Managing Partner Merlin Seeman's story.

Continue reading

All you need to know about IP transfer agreement

IP is the most significant value most companies have. When it's not transferred correctly, the company is exposed to multiple risks & loses its attractiveness in the eyes of investors.

Continue reading

Personal data transfers outside the EU need a legal update by the end of this year

There is a need for SCC updates when transferring personal data from EU businesses to third countries. We will take a closer look.

Continue reading

A Two-part Look into Latitude59 2022: Part 2

The 2nd part of the series “A Two-part Look into Latitude59 2022” with insights from the tech conference’s Future Stage panels.

Continue reading

A Two-part Look into Latitude59 2022: Part 1

For seven years, Hedman has been supporting Latitude59. We looked at what was discussed on the Hedman & Binance-powered Future Stage.

Continue reading

Cryptocurrencies in Estonia – the final list of updates to the AML Act

Hedman's lawyer Vladislav Linko takes a look at the most important changes to the anti-money laundering act (AML act).

Continue reading

Does an NFT platform need a crypto license?

NFT platforms have always been at risk of violating licensing requirements. It is, therefore, best to consult with legal professionals already during the business development stage to minimise the risks.

Continue reading

Crypto business and crypto licenses in Estonia. What you should expect from Estonia crypto regulation in 2022

What is the most significant potential change in the crypto legislation since 2017? Our experts will walk you through it.

Continue reading

Is Google Recaptcha GDPR compliant

Did you know that Google ReCaptcha can create problems for you regarding GDPR compliance? Our Specialist Data Privacy Counsel, Andres Ojaver, elaborates.

Continue reading

Do you need a trademark?

A great chance for small and medium-sized enterprises (SMEs) to apply for trademark registration grants through the European Intellectual Property Office.

Continue reading

Is data protection baring its teeth?

European data protection has started fully implementing the GDPR & technology giants' fine decisions about turnover numbers have become common. Therefore, every company has to review its data processing processes.

Continue reading

Taxation of share options in Estonia

The taxation of share options is explicitly regulated by law only when giving share options to employees. As details are always the basis of taxation, it is worth using the help of a tax advisor.

Continue reading

How to set up a subsidiary company in Estonia

Estonia can be considered one of the hotspots for businesses entering the European Union (EU) market, especially in the technology sector.

Continue reading

New crowdfunding service providers regulation in EU & Estonia

Estonia plans to provide solid regulation to all relevant areas of Fintech, including creating a framework for P2P consumer loans similar to the one applicable to business loans.

Continue reading

Fundraising: convertible debt or straight to equity?

Two main ways a start-up raises money are convertible debt or an equity investment. The devil is in the details and dependent on the circumstances. Let's dig in!

Continue reading

Start-up must have: three necessary documents for every start-up

We enlist the three essential documents that a start-up entrepreneur cannot do without. And take a closer look at what is 'dead equity.'

Continue reading

The ABCs of Teleworking for the Employer

An overview of the legal nuances associated with teleworking, including terms for working remotely and ensuring a safe working environment.

Continue reading

How to notify the consumer of the terms of use?

We outline the legal requirements for notifying consumers of standard terms of use when using online services and the guidelines for designing consumer-oriented online stores.

Continue reading

Clubhouse: The social media newcomer that also carries privacy risks for those who do not use it

Clubhouse's practices are clearly in breach of European data protection requirements. Are you aware of the privacy risks they pose for users and non-users?

Continue reading

Direct marketing rules and exceptions under the GDPR

This article explains the rules and exceptions for direct marketing activities under the GDPR and ePrivacy Directive, providing an overview of the related legal provisions.

Continue reading

GDPR in B2B Marketing

We provide an overview of GDPR for B2B marketing and the differences between opt-out, single opt-in, and double opt-in approaches in various EU countries.

Continue reading

What does a data protection officer (DPO) do and who will need one in 2024?

Hedman data protection experts can help you to decide whether your organisation specifically must appoint a data protection officer or outsource one.

Continue reading

What is an option?

All you need to know about options, including their legal and tax aspects and how they can help motivate and retain employees.

Continue reading

What is a payment institution, a commercial agent and an e-money institution?

What you should know about financial institutions and how they are regulated by the Payment Institutions and E-money Institutions Act of Estonia (PIEIA)

Continue reading

Startup Estonia Model Documents Vocabulary 101

This blog post covers the vocabulary used in the startup scene and explains crucial concepts peculiar to this sector. The vocabulary sheet is also available for download.

Continue reading

Attracting investments and exercising of share options has been simplified

How Estonia has simplified the process for foreign investors to attract investments and exercise share options.

Continue reading

Protection of personal data in the midst of facial recognition and fingerprint readers

What companies should consider before implementing security solutions using biometric data to protect personal data and avoid data breaches.

Continue reading

Termination during the probationary period – What should the employer keep in mind?

Legal conditions employers should consider concerning employment termination during the probationary period.

Continue reading

The advent of legal analytics

Henrik Trasberg discusses the implications of legal analytics algorithms and what the future holds.

Continue reading

Investorial: Registering trademarks

Learn how to register trademarks and protect intellectual property for startups with Investorial's online training programme featuring Kati Pino.

Continue reading

Investorial: Protecting domains and social media

In this Investorial training video, Kati Pino covers the main concepts of protecting intellectual property, domains and more.

Continue reading

Investorial: Software as IP

Kati Pino discusses what intellectual property (IP) means, why software is a crucial IP, as well as how to protect it.

Continue reading

Investorial: Startups and Intellectual property

In startups, the founders have to think of some core things like software, name, logo and how to protect them.

Continue reading

New Data Protection Rules: What Does It Mean for Startups?

We explain the new data protection regulation coming into existence in May 2018 and how it will influence start-ups.

Continue reading

Does the Copyright Directive also apply in practice to Estonian companies?

The Copyright Directive 2019/790, what it means for online content-sharing service providers, and possible exceptions.

Continue reading

Does ticking the box give consent to the processing of personal data?

This article explains the concept of consent and examines the conditions for obtaining valid consent from a data subject.

Continue reading

What you should know about selling face masks?

We discuss the requirements you should fulfil before selling masks.

Continue reading

Using Instagram content outside of Instagram: What is allowed and what is forbidden?

We discuss the legal terms associated with using and sharing Instagram content.

Continue reading

Coronavirus and Payday: Crisis Mitigation Measures

Does your company qualify for the Estonian government's €2 billion crisis mitigation package?

Continue reading

How to prove force majeure?

Understand what constitutes force majeure and how to prove it in international agreements.

Continue reading

Coronavirus And Payday: Lay-Offs

Legal and financial conditions you should consider when laying off employees.

Continue reading

Coronavirus And Payday: What To Consider Regarding Wage Cuts

How to reduce wages without compromising your employees' rights.

Continue reading

A day for an employee’s personal data

A working day with personal data processed within one day would include applying for a job, screening, job interviews, tests, concluding an employment contract, and more.

Continue reading

What kind of rights does a registered residence provide?

We discuss the legal significance of registered residence and the rights associated with the registration of residence.

Continue reading

How much does it cost to insult someone?

We discuss the legal and financial consequences of insulting another individual, whether online or offline.

Continue reading

When to choose arbitration instead of costly litigation?

This is when and why you might consider arbitration instead of litigation.

Continue reading

Can an employee’s personal data be processed based on consent?

We discuss the can dos and don'ts of processing your employees' personal data.

Continue reading

Summer events and music – royalty reminder

Here is what you should know about music copyright and how to apply for a music use permit if you need one.

Continue reading

The website plug-in requires visitor consent

In light of the recent ruling of the European Court of Justice, website plug-ins now require visitors' consent. Here is what it means.

Continue reading

Can you require the performance of an agreement to fund research?

No, the performance of an agreement is not binding to fund research. We discuss what this means.

Continue reading

A new era in privacy

We discuss how the GDPR has marked the beginning of a new era in the interpretation of data protection and privacy.

Continue reading

When can the state collect personal data?

The state may process personal data only within the limits prescribed by law. We discuss some of the questions you might have concerning this.

Continue reading

Can a restaurant ban food photography?

In this blog post, we discuss some questions you might have about food photography in restaurants.

Continue reading

Opportunities to use foreign labor in Estonia

Here is all you should know about hiring foreign labour in Estonia as well as how to get started.

Continue reading

10 songs that can no longer be used in beer advertisements

We discuss some songs that the Advertising Act prohibits being used in alcohol advertising.

Continue reading

Flight delayed? Bag up to 600 euros in your pocket!

We discuss in detail the compensation rights of air passengers based on the European Union regulation.

Continue reading

Rainer Vakra lost his diploma: How long a citizen must actually fear the state?

This blog post discusses some statutes of limitations you should be aware of in the law and within the state.

Continue reading

Who is responsible if a car breaks down during the first hundred kilometers?

Take a look at this case where a private seller was found liable for selling a faulty vehicle and was required to refund the sale price and reimburse costs incurred by the buyer.

Continue reading

Copyright law also applies to supermodels

Copyright law is pretty interesting. Here is what you might not be aware of about photo copyright.

Continue reading

Can people on the street be photographed?

We discuss the legal aspect of photography at events and public spaces.

Continue reading

Valentine’s Day Special: Marriage through “Teleportation”

In Estonia, most notarial acts and transactions can now be performed remotely. This is what you should know.

Continue reading

The European Union has imposed strict security requirements on Facebook and Skype

Online communications services will be covered by the ePrivacy Directive. We discuss what service providers should keep in mind.

Continue reading

Instagram and sponsored post – is it the Wild West?

The Advertising Act entails so much for Instagram advertising. As an advertiser, promoter, or marketer, this is what you should know.

Continue reading

Liquidation preference: Where did the 20 million from „Chasing Unicorns“ go?

This blog post explains the concept of liquidation preference, how it works, and why it's necessary.

Continue reading

The EU guides the member states towards a more efficient control over crypto assets

This article discusses why the EU needs to set new goals and create a comprehensive legal framework for trading and managing crypto assets.

Continue reading

Abolition of geoblocking: what changes and what doesn’t change for an e-merchant?

As of 3 December 2018, geo-blocking is no longer allowed in the EU. We discuss what this means for e-merchants.

Continue reading

Can an algorithm decide whether you can get a loan?

While the algorithm can make your loan approval decision, there is much more you should know.

Continue reading

E-sports – decathlon or roulette?

This article discusses treating e-sports tournaments in Estonia as sports competitions rather than gambling.

Continue reading

The first GDPR fines are here: millions of euros for inadequate explanation

We provide examples of some of the first GDPR fines from several countries within Europe.

Continue reading

Why is it not prudent to go too far with protecting personal data?

We discuss why it is not wise to go too far with protecting personal data and the consequences of unjustified or excessive regulations.

Continue reading

Complex legislation: the method for adding salt is intellectual property, the taste of the cheese spread is not

We explore the limits of intellectual property and its restrictions in relation to food products and viral sensations.

Continue reading

How to gain control over your personal data used by companies?

The article outlines the rights of individuals to control their personal data in accordance with the GDPR.

Continue reading

Helping the minister: what is a startup?

This article outlines the process for obtaining a start-up visa and the criteria for qualifying for such a visa.

Continue reading

Identity Theft In Fundraising – Nearly a Case Study

The article discusses the importance of being extra cautious when a foreign investor is looking to make a sizeable investment in your startup.

Continue reading

FaceApp collided with personal information. What’s wrong with the picture?

The article examines the potential privacy risks of using FaceApp, a photo editing app provided by a Russian company.

Continue reading

Seven ways to raise capital for start-ups

This article provides an overview of the different ways to raise capital for start-ups.

Continue reading

Storing cookies requires internet users’ active consent

We examine the requirements for valid consent for website cookies based on a recent ruling by the European Court of Justice.

Continue reading

The company does not have to use iron and concrete to catch debtors

The Estonian court rules that companies do not have to use physical barriers to protect their business model. Here's what this means.

Continue reading

Doing Business in Estonia

Here is an overview of aspects you should know before starting a business in Estonia.

Continue reading

Artificial Intelligence & Law Coffee Morning Takeaways

Henrik Trasberg discussed how AI could be regulated in particular areas of the law to ensure that the specific domains would be able to cope with the implications of AI.

Continue reading

The Estonian Limited Partnership Fund – A Guide for VC Investors

The article overviews the Estonian Limited Partnership Fund structure as an attractive scheme for closed-end collective private equity and venture capital investments.

Continue reading

How do you hire your team of developers?

In this article, we explore five different options for hiring a development team while running a business from Estonia.

Continue reading

When should a company apply for a crypto-license?

This article provides an overview of the regulations related to virtual wallets and virtual currency to fiat currency exchanges in Estonia.

Continue reading

Four Tips for Building a Business with Friends

In this article, Merlin Seeman provides four tips for starting a business with a close friend in order to maintain the friendship and the quality of the business.

Continue reading

Artificial Intelligence – Notorious BIG Talk? Hedman Partners Co-Conducted a Conference in Berlin

The panel at the IBA's European Start-Up Conference 2018 discussed the current and future use of AI in the legal domain. Here are our takeaways.

Continue reading

Hedman Partners in Silicon Valley: 5 Tips to Get Funding from US Investors

Following a vibrant week in Silicon Valley, we are sharing with you five tips for raising funds from US Investors.

Continue reading

Estonia ICO regulations in 2022

We discuss the latest updates concerning Estonia's regulations on token-based digital currencies.

Continue reading

Beginning from September 1st, 2018 companies in Estonia shall be obliged to report to the Commercial Register about the beneficial owners of the company

Estonian companies are now obliged to add the beneficial owners of the companies to the Commercial Register. We discuss this in detail.

Continue reading

Using online multiplayer game in-game assets as a way to launder money

This article will highlight some significant factors that prevent the prosecution of people who use in-game assets and marketplaces to launder money.

Continue reading

The Upcoming Data Rules for AdTech

A new General Data Protection Regulation (GDPR) enters into force on May 25th 2018. Here's what it's about.

Continue reading

Start-up Legal Basics

We have listed out the 5 most important legal basics for startups.

Continue reading

Let’s talk about cap tables! #WisdomWednesday

We explain what cap tables mean in relation to startups' ownership

Continue reading

What if one of the co-founders stop to contribute? #WisdomWednesday

Here is what to do when one of the co-founders stops contributing to your joint business.

Continue reading

Why you need to think about your brand! #WisdomWednesday

Why you need to truly understand your brand and its portrayal.

Continue reading

Hedman Lift presents #WisdomWednesday!

Weekly short videos for how to maximise your entrepreneurial success! From legal advice to actual working methods!

Continue reading

Legal reminder of using open source / free software

Legal and ethical considerations to keep in mind when using open source and free software.

Continue reading

Get the latest about Hedman law firm

Hedman

Our memberships:
FinanceEstonia, Lexing®,
Estonian Service Industry Association,
Estonian Chamber of Commerce and Industry,
EstVCA, EstBan, FECC,
IBA & IBA European regional Forum