Tõnu Kolts

Corporate Governance, Corporate Restructuring, Employee Incentive Plans, Public Administrative, Constitutional & Tax Disputes, Tax Advisory, Tax Disputes, Tax Structuring

Tõnu Kolts is a Managing Associate at COBALT Estonia, specializing in tax law, corporate restructuring, and equity compensation plans. He co-leads COBALT’s tax advisory services and the Private Wealth industry group in Estonia.

Internationally recognized as a tax expert, Tõnu advises domestic and international clients on complex tax matters. He has played a key role in several of Estonia’s most significant transactions, providing tax-efficient structuring solutions for mergers, acquisitions, and reorganizations.

Alongside his tax practice, Tõnu has extensive experience in equity compensation, helping businesses design and implement tailored incentive schemes — from local stock option programs to global equity strategies — with a focus on compliance and strategic alignment.