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CASP mõiste võeti esmakordselt kasutusele 2020. aastal, kui avaldati Markets in Crypto-assets (MiCa) direktiivi eelnõu 2019/1937 tekst, mille eesmärk on luua ühtne õigusraamistik krüptovara ja virtuaalvääringute valdkonna reguleerimiseks Euroopa Liidus.

The sphere of activity of an Estonian company is selected from the specialized classifier of economic activities EMTAK with the accuracy of 5 digits. The EMTAK classifier is an adapted version of the international harmonized NACE classifier of types of activities.

For many years the accountants and consultants of our company have been specializing in accounting services for the IT sector and have accumulated a considerable amount of knowledge and experience in this area. In this article we will talk about the main features and nuances of accounting, which are typical for representatives of the IT and innovation industry, as well as draw attention to accounting services which may be required for almost every IT project.

This article is primarily aimed at those IT entrepreneurs who consider the European Union as a place to establish their own IT company. Within this review we will consider the main advantages of Europe in general and the European Union in particular for the IT company creation and the development of projects related to innovation and information technology. We will see into the main advantages of Estonia, as an EU member state, for the registration of IT enterprises and startups, since Estonia offers the most favorable conditions for the development of a start-up IT business, including a zero corporate income tax rate.

If a non-resident performs work while being outside Estonia, the remuneration received by him is not subject to income tax in Estonia. Also, a company that has paid remuneration to a foreigner does not have any obligation to declare such payment to the Tax and Customs Board.