Legislation in Estonia

The Estonian constitution was adopted in 1992. The country is a parliamentary republic, whose power is exercised by the National Assembly, that is, a unicameral parliament. Parliament consists of 101 deputies, who are elected every 4 years. The head of the country is the president, who is elected for 5 years, no more than two terms. And the parliament government itself is entrusted to the prime minister, as the leader of the winning party in the elections.

Also, an important plus for business in Estonia is the stability of the monetary currency, and through the peg in the euro and a simpler taxation system. Among the advantages of the Estonian economy is the electronic system for regulating relations between economic entities and the state, the legal system of small and medium businesses has been simplified.