News

13.01.2020

NJORD Estonia: E-residency – why would you need it?

Since 2014 Estonia offers digital identities for non-residents in order to enable access to many of the same e-services that were previously only available to persons living in Estonia. Foreign entrepreneurs have often many questions when they are suggested to apply for e-residency in order to manage their company. So, what is this e-residency about?

08.01.2020

NJORD Estonia: New rules coming up for cryptocurrency licensed businesses in Estonia

Amendments to the Money Laundering and Terrorist Financing Prevention Act (MLTFPA) were adopted by the Estonian parliament Riigikogu on 11 December 2019. The focus of the amendments is on cryptocurrency service providers. The main purpose of the amendments is to strengthen the position of the Estonian Financial Intelligence Unit (FIU) in its authorisation and supervision procedures for cryptocurrency-related businesses.

27.12.2019

NJORD Estonia: Order not as expected? Return it!

The advantage of online shopping is the right to return the goods, regardless of the reason. Consumer behaviour research in the field of e-commerce shows that easy and free return conditions significantly increase the likelihood that the consumer will make more purchases from the same shop again. However, it is not rare that shoppers abuse the right of returning goods.

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