Tax in Estonia


Cobalt has an international reach and is adept at working on cross-border tax restructuring matters, with a specialism in the technology and real estate sectors. Standout matters from 2022 and 2023 include tax litigation before the Supreme Court. Practice head Egon Talur balances a diverse tax practice, which includes tax audit proceedings as well as advice on day-to-day tax matters. Specialist counsel Karli Kütt, who advises on indirect tax and customs duties, among other areas, is also noted.

Practice head(s):

Egon Talur

Other key lawyers:

Tõnu Kolts; Karli Kütt


‘The team has good knowledge of Estonian tax, and they are always flexible for their client.’

‘Egon Talur and Karli Kütt are the best in the field of tax that we have experienced in Estonia.’

Key clients

Otto Maja OÜ

Bolt Operations OÜ

Dexatel OÜ

Kasperwiki Laevaomanikud OÜ

Kaamos Group OÜ

Green Marine AS

Salv Technologies OÜ

Mindvalley Inc. / Mindvalley OÜ

CybExer Technologies OÜ

Saint-Gobain Glass Estonia SE

Veriff OÜ

Helmes AS

Electric Beast Global OÜ

OÜ Nordnet

Work highlights

  • Represented Osaühing Valdor Holding in a landmark dispute on transfer pricing adjustments.
  • Advised Mirova Energy Transition 5 on the tax aspects of signing a contract with Estonian renewable energy developer Evecon to develop solar plants in Estonia.
  • Represented Otto Maja in a landmark dispute on value added tax concerning a real estate development before the Supreme Court.

Eversheds Sutherland Ots & Co

Eversheds Sutherland Ots & Co has a broad practice but has carved out a particular niche in public law-related tax issues. Toomas Pikamäe heads the team, which provides clients with a full service in tax matters, from tax audits to tax planning, and is also active in disputes in the high courts in Estonia. Senior associate Helena Noot is a name to note for contentious proceedings.

Practice head(s):

Toomas Pikamäe

Other key lawyers:

Dmitri Zdobnõh; Helena Noot; Kaspar Kaljurand

Key clients

Talp Invest OÜ

HEPSI Holding OÜ

Lennundus OÜ

Raith Rass

Rush Street Interactive Development Estonia OÜ

TNT Express Worldwide Eesti AS

Icosagen Cell Factory OÜ

KIT Finance OÜ

Värska Originaal

Eesti Loots

Work highlights

  • Representing Lennundus in a court procedure for annulment of the tax notice of the 7th of October 2020.
  • Advising Icosagen Cell Factory on VAT issues.
  • Advising KIT Finance Europe on the Estonian Tax Information Exchange Act and European Directive 2011/16 (EU).

HansaLaw OÜ

Vahur Kivistik, Gerly Kask, Andres Past, Tõnu Tuulas and Jüri Leppik lead HansaLaw OÜ‘s team, which specialises in tax law on both the criminal law and civil law side. Kivistik, who is the founder of the firm, leads many of the group’s matters, and Kask is a strong litigator with a notable track record in tax disputes. A key addition to the group is associate Paavo Paal, who joined the firm in 2023.

Practice head(s):

Vahur Kivistik; Gerly Kask; Andres Past; Tõnu Tuulas; Jüri Lepik

Key clients

Adelan KVH OÜ

Floberg Capital OÜ

Hansaspine OÜ

Petroil PVTK OÜ

Panamir OÜ

Natalja Volohhonski

Porto Investments OÜ

ML Viimistlus OÜ

Oilseeds Trade OÜ

Oilseeds Finance OÜ

Whiteliners OÜ

Fintrans OÜ

Mangano OÜ

Viljaekspert OÜ

NTE Varahaldus OÜ

PVMP-Elektika OÜ

Ants Mäelt


Sorainen's tax team is ‘large enough to handle every legal aspect' while 'maintaining the flexibility of a smaller firm’. The department is equipped to assist across the gamut of tax matters, including taxation due diligence and transfer pricing services. ‘Very skilled and experienced lawyerPaul Künnap is a name to note in the team, which is led by Kaido Künnapas, who utilises his ‘academic background to help him to advise clients on a wide range of issues'.

Practice head(s):

Kaido Künnapas

Other key lawyers:

Paul Künnap; Kärt Anna Maire Kelder; Verner Silm


‘The team is diverse and meets all of my company’s needs. I appreciate that each member’s expertise can be turned into a tailor-made solution, rather than settling for a generic one that’s only partially effective.’

‘They’re large enough to handle every legal aspect, yet they maintain the flexibility of a smaller firm. This distinction is transformative for a client.’

‘The partner I’ve been collaborating with is very responsive. I appreciate his pragmatic approach, which prioritises eliminating conflicts of interest. He recommends what’s best for the client. This approach fosters long-term satisfaction for all parties involved.’

‘They are the only truly pan-Baltic integrated law firm in my opinion, and this means much better cooperation between the practices.’

‘Kaido Künnapas has a very good academic background and foundations to help him to advise clients on a wide range of issues.’

‘Kärt Kelder is especially well known for managing private wealth topics.’

‘Paul Künnap is a very skilled and experienced lawyer with knowledge all across the board.’

‘We like their professionalism. They are prompt and have a good knowledge of tax. In particular, we would like to point out Kaido Künnapas, who is very efficient and has a good knowledge of taxes.’

Key clients

Estonian Business and Innovation Agency


Verge Motorcycles

Estonian E-commerce Association

Viru Keemia Grupp

Deutsche Bank

Miss Mary of Sweden

Fairmus Technologies



Work highlights

  • Advised the Estonian E-commerce Association on helping the Estonian government to design and introduce new rules for collecting VAT from foreign e-shops.
  • Advised Miss Mary of Sweden on tax issues relating to the sale of a business line from Estonia to Sweden, as well as VAT compliance in the UK.
  • Represented a private client in a personal liability tax matter before the Estonian Tax and Customs Board (ETCB).

TGS Baltic

TGS Baltic is a popular choice among major companies and financial institutions in Estonia. Practice head Helmut Pikmets has appeared in cases in the European Court of Human Rights and the Supreme Court of Estonia. Pikmets is ably supported by senior associates Sergei Jegorov and Dmitri Teplõhh, who act in a range of tax disputes, a key area of focus for the team, which is able to handle a large volume of cases in tax law. Teplõhh is also able to handle white-collar crime disputes related to tax law.

Practice head(s):

Helmut Pikmets

Other key lawyers:

Sergei Jegorov; Dmitri Teplõhh

Key clients


Tallink Group


Imatra Elekter

Baltic Ground Services





Circle K


Møller Eiendom group





MAXIMA Estonia


Work highlights

  • Represented Metrosystem in the administrative court against the Tax Board in connection with the taxation of buying up used pallets.
  • Advised Estonian energy company Bioforce in setting up a joint venture with HKScan for building and operating a biomethane factory.
  • Advised a cybersecurity expert on the sale of 100% shares in SM7 Software (SpiderFoot).


Notable work for WALLESS has included advising clients on tax structuring, as well as a range of other tax matters such as compliance. The ‘very experienced team' is highlighted for its 'knowledge of tax regulations and practices’ and is also well known for its regulatory work. 'Extremely experienced' practice head Rolan Jankelevitsh 'possesses a deep knowledge of Estonian tax regulations and practices', and Priit Raudsepp stands out for his international tax planning work.

Practice head(s):

Rolan Jankelevitsh

Other key lawyers:

Priit Raudsepp


‘Very experienced team with good knowledge of tax regulations and practices. Very good insight on the developments on the Estonian tax regulations, both in terms of present and coming matters.’

‘On a partner level I have worked with Roman Jankelevitsh. He is extremely experienced and possesses a deep knowledge of Estonian tax regulations and practices. He builds his advice on solid research, true knowledge and experience, which means that he does not lead you into taking unnecessary risks. His practice also involves M&A and deal financing, which gives him a good base for tax structuring in transactions. In my opinion he is the best tax lawyer in Estonia. He is the person to go to both for general tax advice and transaction structuring.’

‘Walless keeps up high standards of quality.’

‘Rolan Jankelevitsh is our trusted advisor and go to person if we need any advice on Estonian and international law matters.’

‘Great team. Easy to get along with and very professional.’

‘Rolan Jankelevitsh is the go-to guy for both individuals and companies for Estonian tax advice.’

Work highlights

  • Advising a multinational software development company headquartered in Estonia on restructuring a global employee stock option programme.
  • Advising a global short-stay accommodation marketplace operator on various VAT and withholding tax matters.
  • Advising a client on the tax aspects of the sale of its Baltic life insurance portfolio.

ATTELA Advokaadibüroo

ATTELA Advokaadibüroo is highlighted for its ‘in-depth and up-to-date knowledge of Estonian and EU tax law’. Marek Herm specialises in international tax law and tax litigation. He jointly leads the team alongside Marko Saag and Kaspar Lind; the three practice co-heads each have vast knowledge of international tax law and domestic tax law.

Practice head(s):

Marek Herm; Marko Saag; Kaspar Lind

Other key lawyers:

Madis Uusorg


‘Marek Herm, Kapsar Lind and Marko Saag are all highly valued professionals with wide international knowledge about tax law. They are all dedicated to the work and keep their word and more important they follow strictly terms and deadlines. We value highly their knowledge, commitment and cooperation.’

‘This practice is unique because they have in depth and up to date knowledge of Estonian and EU tax law. That is because they have contributed to the formation of tax related legislation.’

‘They value client relations and always being on time, delivering up to date and offering a high-quality legal service.’

Key clients


Maximus International



Eesti Spordiselts KALEV

Work highlights

  • Assisted CERN Spin-off Orvium with raising funds and developing the platform.
  • Represented Maximus International successfully against Swedbank in a case where the Supreme Court delivered a landmark judgment stating that credit institutions are not allowed to close payment accounts of such clients with whom they would be obliged to enter into the payment services agreement under the law.


At Ellex, practice head Dmitri Rozenblat is able to work on multidisciplinary matters due to his expertise in both M&A and corporate law as well as tax law. According to one client, Ermo Kosk has a lot of experience and should be the go-to expert for any tax issues with transactions or financing’. More broadly, areas of interest for the group include tax-based asset finance and general tax advice.

Practice head(s):

Dmitri Rozenblat

Other key lawyers:

Ermo Kosk


‘Very professional team, with a business-minded and pragmatic approach to tax questions.’

‘Good collaboration.’

‘Ermo Kosk has a lot of experience and should be the go-to expert for any tax issues with transactions or financing.’

Key clients


Graanul Invest AS

Eesti Gaas AS

ElectroAir OÜ

Liven AS

Enefit Green AS

AS BaltCap

Tere AS

AS LHV Group

Coop Pank AS

Bigbank AS

AS Inbank

AS Operail

Maag Group AS

Skeleton Technologies Group OÜ

Sportland International Group AS

Work highlights

  • Advised Graanul Invest and its shareholders on the tax structuring of the sale of the majority shareholding in Graanul Invest.
  • Represented UAB STMT in a dispute against the Estonian Tax and Customs Board.
  • Advised the Estonian Ministry of Finance on the tax aspects of issuing bonds.

KPMG Law in Estonia

KPMG Law in Estonia stands out for ‘offering a personalised service‘ and demonstrates ‘good teamwork and an efficient workflow‘. This work includes corporate tax, indirect tax and transfer pricing matters, among other areas. Practice head Joel Zernask is a versatile lawyer and epitomises the group’s ability to deal with advisory, compliance and litigation matters when it comes to tax law. Maike Leppik regularly advises on transfer pricing issues.

Practice head(s):

Joel Zernask

Other key lawyers:

Maike Leppik; Merike Oja; Einar Rosin


‘The KPMG team we have worked with has a very good teamwork and an efficient workflow.’

‘They are very professional. They offer a personalised service. They are friendly and cooperative.’

Key clients



Capital Mill

Balancer Labs

Kaamos Grupp

Maag Grupp

Lidl Stiftung & Co. KG


Baltic Workboats


Work highlights

  • Advised Evecon on the inclusion of €70m capital from an international fund to finance solar park developments in the Baltics.
  • Advised EstBAN on the setup of a syndicate investment structure.
  • Advised Inclusion (Planet42) on the flipping investment entity from Estonia to the UK.


Magnusson's varied workload includes tax planning and optimisation, tax risk management, and market entry and exit strategies. Restructuring, including cross-border restructuring, is another area of focus for the practice, and is a particular area of specialism for Elvira Tulvik. Tulvik heads the team and leads on many multi-jurisdictional tax matters as well as a range of tax regulation advice.

Practice head(s):

Ellen Elvira Tulvik

Other key lawyers:

Hanna Esko

Key clients

Saint-Gobain Group

Põhjala Brewing

FlixBus Group

Whirlpool Corporation



Work highlights

  • Acted as legal adviser to Saint-Gobain Eesti on the sale of the business of its subsidiary Baltiklaas and the following restructuring of the group.
  • Advising Estonian Põhjala Brewery on setting up its employee and management options programme.
  • Assisting FlixBus with restructuring its operations in the Baltics.

RASK Attorneys-at-Law

The team at RASK Attorneys-at-Law undertakes both direct and indirect tax work and is headed up by Villy Lopman, who is well versed in the practicalities of tax law, having previously been employed at the Estonian Tax and Customs Board. The team has recently been particularly active in contentious tax matters.

Practice head(s):

Villy Lopman

Key clients

Estonian Autosport Events MTÜ

Cuesta Law Office

Cuesta Law Office, which according to one client has a ‘perfect reputation and knowledge in its sphere’, was formed in spring 2019 by tax experts from other law firms. Senior associate Jaak Siim leads the team and has a strong track record in tax disputes, including at the Tax and Customs Board. Lada Riisna also has experience in tax disputes, specifically financial law tax disputes.

Practice head(s):

Jaak Siim


They are extremely effective, and their knowledge is huge. They have very impressive experience in their business. I trust them 100%.’

‘They have a perfect reputation and knowledge in their sphere.’

Key clients

Lia Ratassepp

Kalle Kask

A&E Kinnisvara OÜ

Eerik Kivivare

Expert1 OÜ

Katrin Sillam

Allprint HM OÜ

Work highlights

  • Represented a client in a dispute with the Estonian Tax and Customs Board in connection with a claim for unjust enrichment.
  • Represented a client in a tax dispute with the Estonian Tax and Customs Board regarding the liability decision made to the client and in enforcement of tax debt.
  • Represented a client in liability proceedings in connection with the claim of the company’s tax debt from a former member of the board.

Triniti Estonia

Triniti is strong in tax disputes, and the group also works alongside the firm's transactional team to advise on the tax elements of deals and corporate restructurings. The group is particularly active in the transport and agriculture sectors. Team leader Ramil Pärdi has been involved in many of these transactional matters both in Estonia and internationally.

Practice head(s):

Ramil Pärdi

Key clients

Fort Holding OÜ

Estonia Farmid OÜ

Reval ProTeam OÜ

Anija Municipality

Kasepark OÜ

Stockholm Environment Institute Tallinn Centre

Northernwood OÜ

Saaremaa Piimaühistu