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If you have never heard of Tallinn, you might have mistaken yourself as you have surely heard about the European Silicon Valley. The capital of Estonia is nowadays considered to be one of the most advanced cities in Europe, as, over the course of the last couple of years, Tallinn has become home to more than one hundred tech companies, including Skype, Telia, Arvato, Ericsson, and even NATO has dispatched it Cooperative Cyber Defence Centre of Excellence to the Estonian capital. Having a population of merely 440 thousand citizens, Tallinn produces a GDP that is 172% higher than the country’s average. Renting an office space in Tallinn, one gets an opportunity to establish their business among the biggest companies while the level of competition is quite moderate, as Tallinn works for the global rather than the local market.

The country’s governmental regulations are quite soft when it comes to opening a business in Estonia, and the corporate tax is only 20%. Also, if your annual income is lower than average for a business of your category, the annual income tax is being automatically lowered to the point of 14%. Hence, it becomes crystal clear that opening your company’s branch or establishing a new entity in Estonia is a beneficial endeavour. Renting an office space in Tallinn is, first of all, advantageous from the economic point of view. Moving on, by renting an office space in Tallinn, one gets to experience a considerable boost to the company’s image and brand’s exposure. Even a coffee shop operating within a neoteric IT district looks more prestigious and thus, lures more customers. As it has already been mentioned, Tallinn is nowadays known as the European IT capital, also called the European Silicon Valley. Well, given the immense number of IT start-ups and already established tech companies working in the city, there is no wonder why Tallinn is perceived in this light.