NAVIGATING LEGAL EXCELLENCE
NAVIGATING LEGAL EXCELLENCE
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News & Affairs
News & Affairs
21. 01. 12
Gender Discrimination at the Work Place
Jurisdiction – ESTONIA
Gender equality is stipulated in the Estonian constitution and in the Gender Equality Act. It is forbidden to treat one person worse than another person because of one’s gender.
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News & Affairs
19. 01. 12
News & Affairs
New EU thresholds for public procurement
Commission Regulation (EC) No 1251/2011 establishes new application thresholds that determine which contracts fall within EU-wide tendering procedures. As to the supply and service contracts and design contests, the new thresholds are as from 1 January 2012 until 31 December 2013, depending on the contracting authority (i) 130 000 EUR (central government authority), (ii) 200 000 (other contracting authorities) or (iii) 400 000 (authorities in special sectors). With regard to public works contracts, the new application threshold is 400 000 EUR.
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News & Affairs
News & Affairs
18. 01. 12
Conversion of the share capital into euro as of 2012; use of shares without nominal value
Jurisdiction – ESTONIA
Although no final deadline has been established for converting capital into euros, it should be kept in mind that starting from 2012 changes regarding the company’s articles of association or amount of share capital can be entered in the commercial register only if the capital of a company is registered in euros. The state duty payable for the capital conversion is EUR 17,89.
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