OREANDA-NEWS. November 06, 2014. The Board of the Foreign Investors' Council in Estonia (FICE) appointed Paul Kunnap, senior associate with law firm SORAINEN, as head of the FICE taxation and legal issues working group.

Two other working groups were formed to analyse labour and education issues topical for foreign investors. The goal of the working groups is to perform an in-depth analysis of the current situation of each issue from the perspective of foreign investors, inviting field experts to participate in working group meetings, and to come up with well-argued suggestions for the attention of officials and the Estonian government.

The kick-off meeting of the taxation and legal issues working group led by Paul Kunnap took place on 13 October. Says Paul: “Considering the complex situation that Estonia and the whole region are facing today, steps need to be taken to make Estonia more attractive for foreign investors. A favourable tax system and a reliable and efficient legal framework form an important part of an investment-friendly business environment. It seems that much can be done in this area, and participation in the FICE taxation and legal issues working group creates opportunities for putting forward constructive proposals.”

The FICE is a lobby group representing the Austrian, Danish, Finnish, German-Baltic, Dutch, Norwegian and Swedish Chambers of Commerce, Business Clubs and Marketing Offices in Estonia. Together, the nine countries represented on the FICE account for more than 80% of total foreign direct investment in Estonia.