What is a scale-up company?
Estonian immigration laws recently introduced a new term - scale-up company (in Estonian "kasvuettevõte"). The aim is to make hiring of foreign talent easier for these companies.
The criteria to qualify as a scale-up are quite significant:
1) the company has been in business for at least 10 years;
2) has at least 50 employees in Estonia;
3) has paid at least 1 million Euros of salary taxes in the past year in Estonia;
4) the cumulative growth of salary taxes in the past 3 years has been at least 20%.
The assessment of these criteria has been given as a task to Startup Estonia:
Working for a scale-up is a path to obtain a long-term visa or a residence permit to Estonia and as a beneficial exception from the general rule, the salary obligation is 80% of the statistical average salary.
There is a list of already approved scale-ups which is the following:
Bolt Technology OÜ
Fleet Complete Eesti OÜ
Erply Software OÜ
Estateguru OÜ
Linn Systems OÜ
Milrem AS
Pipedrive OÜ
Playtech Estonia OÜ
Scoro Software OÜ
Skeleton Technologies Group OÜ
Microsoft Development Center Estonia OÜ
Perforce Software AS
Testilo OÜ
Threod Systems OÜ
Wise Payments Limited Estonian branch