Gamma Baltic Ltd

Estonia may be a small country - but it has a great deal to offer to foreign markets or international businesspersons. Located at the heart of the Baltic Sea Region Europes fastest-growing market, with 90 million people, Estonia itself has been among the fastest-growing economies in the region.The country has one of the most liberal trade and investment laws in the world the Wall Street Journals Index of Economic Freedom for 2003 rates Estonia 6th in the world in terms of ease of doing business, right behind Hong Kong and Singapore and on par with USA and UK. An extra advantage is Estonias system of low, flat rate taxes. To encourage companies to expand their business all corporate investments are exempted of corporate income tax from Jan 1,2000. There is a 26% tax on dividends.The traditional manufacturing sectors in Estonia, like wood processing, apparatus building and electronics, with differences in operating cost levels between the Scandinavian countries offer an ideal opportunity to combine the advantages of the different parts of the region.

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