The Republic of Estonia,
or Estonia (Estonian: Eesti Vabariik or Eesti) is a country
in Northern Europe. It is separated from Finland in the
north by the narrow Gulf of Finland and from Sweden in
the west by the middle part of the Baltic Sea. Estonia
has land borders with its fellow Baltic country Latvia
to the south and Russia to the east.
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Living in Estonia
As a member of the European
Union, Estonia is part of the world's largest economic
zone. In 1999, Estonia experienced its worst year economically
since it regained independence in 1991, largely because
of the impact of the August 1998 Russian financial crisis.
Estonia joined the WTO in November 1999 — the
second Baltic state to join — and continued its
EU accession talks. Privatization of energy, telecommunications,
railways, and other state-owned companies is a continuing
process. With assistance from the European Union, the
World Bank and the Nordic Bank, Estonia completed most
of its preparations for EU membership by the end of
2002 and now has one of the strongest economies of the
new members states of the European Union, which Estonia
joined on 1 May 2004. The Estonian economy is growing
fast, partly due to a number of Scandinavian companies
relocating their routine operations and Russian oil
transit using Estonian ports. Estonia has a strong information
technology (IT) sector. GDP PPP per capita is at $16,461,
the highest among the Baltic states.
The north-west coast of Estonia near Nõva, Lääne
countyIn 1994, Estonia became among the first in the
world to adopt a flat tax, with a uniform rate of 26%
regardless of the income a person makes. In January
2005 the personal income tax rate was reduced to 24%.
Since January 1, 2000, companies have not had to pay
income tax on re-invested income. However, tax is due
on profit distributions (incl. hidden distributions)
at a rate of 24%.
Estonia numbers 15 main administrative subdivisions.
Due to the geographical and demographic size of these
subdivisions, they are to be considered counties rather
than states (Estonian: pl. maakonnad; sg. - maakond).
Here is a list of them:
Counties of EstoniaHarju County (Estonian: Harjumaa)
Hiiu County (Estonian: Hiiumaa)
Ida-Viru County (Estonian: Ida-Virumaa)
Järva County (Estonian: Järvamaa)
Jõgeva County (Estonian: Jõgevamaa)
Lääne County (Estonian: Läänemaa)
Lääne-Viru County (Estonian: Lääne-Virumaa)
Pärnu County (Estonian: Pärnumaa)
Põlva County (Estonian: Põlvamaa)
Rapla County (Estonian: Raplamaa)
Saare County (Estonian: Saaremaa)
Tartu County (Estonian: Tartumaa)
Valga County (Estonian: Valgamaa)
Viljandi County (Estonian: Viljandimaa)
Võru County (Estonian: Võrumaa)
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