The transfer pricing regulations in Estonia affect international companies selling products to, or buying products from, their Estonian subsidiaries and Estonian companies’ transactions with their subsidiaries abroad. Intragroup services and loans are also subject to transfer pricing. Transfer pricing rules are applied to all cross-border related-party transactions where the group of related parties exceeds the threshold criteria of 250 employees, 50 mln EUR turnover or consolidated balance sheet 43 mln EUR; and to all cross-border transactions of credit and insurance institutions, listed companies, and to transactions with a party that is situated in a low tax rate territory.