Improving Estonia’s investment environment

DERLING partners Hannes Vallikivi, Rolan Jankelevitsh and Andres Siigur in cooperation with experts from CMS London and Luxembourg offices prepared a report for the EBRD on Estonia’s new investment fund legislation. The report focuses on regulation and taxation of private equity and venture capital funds with the aim to assess new regulation’s suitability to market needs. As the result of our analysis, the Ministry of Finance made several amendments to the draft in April 2016.