Does the State plan to keep special support measures in the field of taxation for taxpayers after the end of emergency situation? Yes, on 10 June 2020 the Law on Overcoming the Consequences of the Spread of Covid-19 Infection came into force, by which, inter alia, the following measures are maintained. in accordance with the Regulation of the Cabinet of Ministers tax payers can ask to defer or split into installments accrued and current tax payments for a period up to 3 years, without paying late payment interest. Taxpayers must submit a respective application within 15 days from the due tax payment term...
COBALT
Offices
Overview
COBALT is a trusted legal advisor, providing expert support on both daily legal matters and high-stakes transactions and disputes.
With over 35 years of experience, we have grown into a leading alliance of top-tier law offices in the Baltics, bringing together over 280 legal professionals and support staff. Our firm’s broad spectrum of legal expertise and established position as a market leader enable us to provide full-service business law advice tailored to the needs of our clients.
We are proud to work with international and regional businesses, financial institutions, state and local governments, and emerging start-ups. Our services cover key industries such as Advertising and Marketing , Banks and Financial Institutions, Circular Economy and Waste, Defence and Security, Energy, Infrastructure and Utilities, Forestry and Agriculture, Healthcare and Lifesciences, Insurance, IT and Technology, Maritime and Transport, Media, Private Equity, Private Wealth, Public Sector and NGOs, Real Estate and Construction, Retail and Wholesale, Sports and Entertainment, Venture Capital and Growth Companies.
Our recent recognitions include:
• Advised on the winning deals for the 2025 CEELM Deal of the Year Awards – Estonia and Latvia
• Baltic Firm of the Year 2025 by Benchmark Litigation Europe Awards
• Baltic Law Firm of the Year 2024 by Chambers Europe
• Baltic States Tax Firm of the Year 2023 by ITR EMEA Tax Awards
• Baltics Firm of the Year 2023 by Women in Business Law EMEA Awards
• Recognized by Chambers Europe as Band 1 firm in 18 practice areas (2026), top ranked for more than 15 years
• Recommended by Legal 500 as a Tier 1 law firm in 21 practice areas (2026), top ranked for more than 15 years.
• Number 1 law firm in the Baltics according to the Prospera Law Firm Review 2024
• Regularly featured among top legal advisors in Mergermarket, Bloomberg and LSEG deal tables
COBALT has offices in Estonia, Latvia and Lithuania.
Year this Office was Founded: 1994
Lawyers Worldwide: 280
Areas of Practice
Professionals
Partners
Akvilė Bosaitė
Partner
Jesse Kivisaari
Partner
Monika Koolmeister
Partner
Peeter Kutman
Partner
Rauno Ligi
Partner
Liina Linsi
Partner
Edgars Lodziņš
Partner
Jaanus Mody
Managing Partner
Margus Mugu
Partner
Simona Oliskeviciute-Ciceniene
Partner
Karina Paatsi
Partner
Annika Peetsalu
Partner
Kristel Raidla Talur
Partner
Dace Silava-Tomsone
Managing Partner
Eva Suduiko
Partner
Egon Talur
Partner
Elo Tamm
Partner
Aivar Taro
Partner
Lembit Tedder
PartnerAssociates
Mart Blondal
Managing Associate
Heili Haabu
Senior Associate
Johanna Britt Haabu
Senior Associate
Liina Jents
Managing Associate
Tõnu Kolts
Managing Associate
Anna Kosar
Patent Attorney, Senior Associate
Karli Kutt
Specialist Counsel
Kadri Michelson
Managing Associate
Priit Põld
Senior Associate
Madis Reppo
Managing Associate
Liina Saaremets
Senior Associate
Kristina Schotter
Managing Associate
Kaidi Reiljan Sihvart
Managing Associate
Helen Sool
Senior Associate
Heleri Tammiste
Specialist Counsel
Merle Veeroos
Senior AssociateOther Professionals
Liisa Kaseorg
Marketing and Communications Specialist
Toomas Luhaäär
Legal Counsel
Kadri-Liis Luks
HR Manager
Marina Kotkas
PartnerArticles
COVID-19 in Estonia: The Coronavirus in Employment Relations and Taxes - March 20 Update
In March, the Estonian Government decided to implement first steps to help the employers in order to avoid lay-offs and introduced also few other reliefs to support the companies. Below you can find summaries of these measures. Relief measures for employers Compensation of salary The Estonian Government approved the relief measures for the employees subject to salary cut...
Press releases
COBALT Assists in Landmark Transaction in the Baltic Energy Market
Baltic Storage Platform secures financing of EUR 85.6 million for two battery energy storage system (BESS) projects in Estonia. The project was financed by European Bank for Reconstruction and Development, Edmond de Rothschild Asset Management, and the Nordic Investment Bank. This transaction marks a milestone in Estonia’s energy sector, being the first fully based on revenues from BESS assets. The financing supports the creation of one of the largest battery complexes in Europe...
COBALT Assists in Landmark Transaction in the Baltic Energy Market
Baltic Storage Platform secures financing of EUR 85.6 million for two battery energy storage system (BESS) projects in Estonia. The project was financed by European Bank for Reconstruction and Development, Edmond de Rothschild Asset Management, and the Nordic Investment Bank. This transaction marks a milestone in Estonia’s energy sector, being the first fully based on revenues from BESS assets. The financing supports the creation of one of the largest battery complexes in Europe...