Taxation: Estonia beats Latvia in tax competitiveness, according to the Global Tax Competitiveness Index.

Business environment: Estonia scores stronger than Latvia in the Business Environment section of the Location Attractiveness Model. One of the contributing factors is Estonia's higher score in the Doing Business Report. The Global Competitiveness Report ranks Estonia higher than Latvia.

Infrastructure: Estonia scores stronger than Latvia in the Infrastructure section of the Location Attractiveness Model. The World Digital Competitiveness Index ranks Estonia higher than Latvia.

Political and financial risks: Risks to doing business in Estonia, are lower than those in Latvia. The credit rating by Standard & Poor's for Estonia is AA- and for Latvia A+.

Human resources: Estonia's human resources rank considerably higher than those in Latvia. One of the factors contributing to this is Estonia's higher score in the Human Capital Report. Estonia's employees beat those in Latvia in enterpreneurship, according to World Economic Fund.

Taxation: Estonia beats Lithuania in tax competitiveness, according to the Global Tax Competitiveness Index. While retained and reinvested profits in Lithuania are taxed, Estonia does not apply income tax on those profits until paid out.

Business environment: Estonia scores stronger than Lithuania in the Business Environment section of the Location Attractiveness Model. The Global Competitiveness Report ranks Estonia higher than Lithuania.

Infrastructure: Estonia scores stronger than Lithuania in the Infrastructure section of the Location Attractiveness Model. The World Digital Competitiveness Index ranks Estonia higher than Lithuania.

Political and financial risks: Risks to doing business in Estonia, are lower than those in Lithuania. The credit rating by Standard & Poor's for Estonia is AA- and for Lithuania A+.

Human resources: Estonia's human resources rank considerably higher than those in Lithuania. One of the factors contributing to this is Estonia's higher score in the Human Capital Report. Estonia's employees beat those in Lithuania in enterpreneurship, according to World Economic Fund.

Taxation: Estonia beats Poland in tax competitiveness, according to the Global Tax Competitiveness Index. While retained and reinvested profits in Poland are taxed, Estonia does not apply income tax on those profits until paid out.

Business environment: Estonia scores stronger than Poland in the Business Environment section of the Location Attractiveness Model. One of the contributing factors is Estonia's higher score in the Doing Business Report. The Global Competitiveness Report ranks Estonia higher than Poland.

Infrastructure: Estonia scores stronger than Poland in the Infrastructure section of the Location Attractiveness Model. The World Digital Competitiveness Index ranks Estonia higher than Poland.

Political and financial risks: Risks to doing business in Estonia, are lower than those in Poland. The credit rating by Standard & Poor's for Estonia is AA- and for Poland A-.

Human resources: Estonia's human resources rank considerably higher than those in Poland. One of the factors contributing to this is Estonia's higher score in the Human Capital Report.

Taxation: Estonia beats Finland in tax competitiveness, according to the Global Tax Competitiveness Index. While retained and reinvested profits in Finland are taxed, Estonia does not apply income tax on those profits until paid out.

Human resources: Estonia's human resources rank considerably higher than those in Finland. Estonia's employees beat those in Finland in enterpreneurship, according to World Economic Fund. Average labour cost in Estonia is about 2 times lower than in Finland.

Taxation: Estonia beats Sweden in tax competitiveness, according to the Global Tax Competitiveness Index. The corporate tax rate in Sweden is 21.4% compared to 20% in Estonia. While retained and reinvested profits in Sweden are taxed, Estonia does not apply income tax on those profits until paid out.

Human resources: Estonia's human resources rank considerably higher than those in Sweden. Average labour cost in Estonia is about 2 times lower than in Sweden.

Taxation: Estonia beats Denmark in tax competitiveness, according to the Global Tax Competitiveness Index. The corporate tax rate in Denmark is 22% compared to 20% in Estonia. While retained and reinvested profits in Denmark are taxed, Estonia does not apply income tax on those profits until paid out.

Human resources: Estonia's human resources rank considerably higher than those in Denmark. Estonia's employees beat those in Denmark in enterpreneurship, according to World Economic Fund. Average labour cost in Estonia is about 3 times lower than in Denmark.

Taxation: Estonia beats Norway in tax competitiveness, according to the Global Tax Competitiveness Index. The corporate tax rate in Norway is 22% compared to 20% in Estonia. While retained and reinvested profits in Norway are taxed, Estonia does not apply income tax on those profits until paid out.

Human resources: Estonia's human resources rank considerably higher than those in Norway. Estonia's employees beat those in Norway in enterpreneurship, according to World Economic Fund. Average labour cost in Estonia is about 3 times lower than in Norway.

Taxation: Estonia beats Germany in tax competitiveness, according to the Global Tax Competitiveness Index. The corporate tax rate in Germany is 29% compared to 20% in Estonia. While retained and reinvested profits in Germany are taxed, Estonia does not apply income tax on those profits until paid out.

Human resources: Estonia's human resources rank considerably higher than those in Germany. Average labour cost in Estonia is about 2 times lower than in Germany.

Taxation: Estonia beats UK in tax competitiveness, according to the Global Tax Competitiveness Index. The corporate tax rate in UK is 25% compared to 20% in Estonia. While retained and reinvested profits in UK are taxed, Estonia does not apply income tax on those profits until paid out.

Human resources: Estonia's human resources rank considerably higher than those in UK. One of the factors contributing to this is Estonia's higher score in the Human Capital Report.

Taxation: Estonia beats France in tax competitiveness, according to the Global Tax Competitiveness Index. The corporate tax rate in France is 26.5% compared to 20% in Estonia. While retained and reinvested profits in France are taxed, Estonia does not apply income tax on those profits until paid out.

Political and financial risks: Risks to doing business in Estonia, are lower than those in France.

Human resources: Estonia's human resources rank considerably higher than those in France. One of the factors contributing to this is Estonia's higher score in the Human Capital Report. Average labour cost in Estonia is about 2 times lower than in France.

Taxation: Estonia beats Luxembourg in tax competitiveness, according to the Global Tax Competitiveness Index. The corporate tax rate in Luxembourg is 24.9% compared to 20% in Estonia. While retained and reinvested profits in Luxembourg are taxed, Estonia does not apply income tax on those profits until paid out.

Business environment: Estonia scores stronger than Luxembourg in the Business Environment section of the Location Attractiveness Model. One of the contributing factors is Estonia's higher score in the Doing Business Report.

Human resources: Estonia's human resources rank considerably higher than those in Luxembourg. One of the factors contributing to this is Estonia's higher score in the Human Capital Report. Estonia's employees beat those in Luxembourg in enterpreneurship, according to World Economic Fund. Average labour cost in Estonia is about 3 times lower than in Luxembourg.

Taxation: Estonia beats Belgium in tax competitiveness, according to the Global Tax Competitiveness Index. The corporate tax rate in Belgium is 25% compared to 20% in Estonia. While retained and reinvested profits in Belgium are taxed, Estonia does not apply income tax on those profits until paid out.

Business environment: Estonia scores stronger than Belgium in the Business Environment section of the Location Attractiveness Model. One of the contributing factors is Estonia's higher score in the Doing Business Report. The Global Competitiveness Report ranks Estonia higher than Belgium.

Political and financial risks: Risks to doing business in Estonia, are lower than those in Belgium.

Human resources: Estonia's human resources rank considerably higher than those in Belgium. One of the factors contributing to this is Estonia's higher score in the Human Capital Report. Estonia's employees beat those in Belgium in enterpreneurship, according to World Economic Fund. Average labour cost in Estonia is about 3 times lower than in Belgium.

Taxation: Estonia beats Netherlands in tax competitiveness, according to the Global Tax Competitiveness Index. The corporate tax rate in Netherlands is 25% compared to 20% in Estonia. While retained and reinvested profits in Netherlands are taxed, Estonia does not apply income tax on those profits until paid out.

Human resources: Estonia's human resources rank considerably higher than those in Netherlands. One of the factors contributing to this is Estonia's higher score in the Human Capital Report. Estonia's employees beat those in Netherlands in enterpreneurship, according to World Economic Fund. Average labour cost in Estonia is about 2 times lower than in Netherlands.