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How is the POS environment regulated in Estonia?

Estonia is a small Baltic country known for its simplified tax system. Much like lax tax regulation, there are no specific laws targeting fiscalization. This puts Estonia in the minority of European non-fiscal counties. While Estonia, known for its progressive stance on technology, has not imposed specific regulations surrounding the cash register (POS) environment, that does not mean there are no rules. The absence of specific hardware or software requirements for cash registers or POS systems has encouraged a competitive market, allowing businesses to choose solutions that best suit their needs. Nonetheless, businesses must ensure compliance with the relevant consumer protection, VAT, and accounting acts, which set guidelines for accurate record-keeping and financial reporting.

Source: fiscal-requirements.com

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