Helmut Pikmets
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Country
Estonia
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Languages
Estonian, Russian, English
Recognised as the “king of tax disputes in Estonia” by Chambers & Partners and Legal 500, Helmut Pikmets is also a member of the Legal 500 Hall of Fame.
He is renowned for resolving complex tax matters with speed, clarity, and strategic foresight. He advises on all areas of tax law, including M&A, restructurings, and transactions, with clients ranging from Orlen Estonia and Swedbank to Michelin and Turkish Airlines.
He has led landmark cases before the Estonian Supreme Court – most notably the Sylvester share transfer dispute, the largest tax case in Baltic history – as well as a constitutional challenge on fuel tax bonds. Helmut also represents clients in criminal tax proceedings and has appeared before the European Court of Human Rights.
Beyond the desk, Helmut is known for his love of history, detail, and a good courtroom chess match.
Testimonial
CV
Partner, law firm TEGOS (formerly TGS Baltic)
Partner, law firm Varul
Associate, law firm Varul
Lawyer, law firm Varul
International Fiscal Association
Estonian Bar Association
University of Tartu, Faculty of Law, MA
Stockholm School of Economics, Commercial Law
Deals & cases
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04.03.2026 | Estonia, Latvia, LithuaniaTele2 and GCI completes the transaction to create the first pan-Baltic tower company
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19.02.2026 | EstoniaTallinn Dental Clinic became part of the Tallinn Hospital group
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17.09.2025 | EstoniaA. Le Coq bought Värska Originaal
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30.01.2025TEGOS advised the City of Tallinn on the planning of a unified Tallinn hospital
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21.02.2024 | Estonia, Latvia, LithuaniaStrategic acquisition: TEGOS advised IFCO SYSTEMS in acquiring 100% BEPCO OÜ shares
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24.10.2023TGS Baltic advised the private equity fund BaltCap on the acquisition of VKG Elektrivõrgud
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13.10.2023 | Estonia, Latvia, LithuaniaTEGOS advised Hawesko on entering into a strategic partnership with the Dunker Group
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12.09.2023TEGOS advised Värska Originaal, the leading mineral water producer in Estonia, on a buyout of its minority shareholders and refinancing of the company
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01.06.2023TEGOS advised the shareholders of one of the oldest and most well-known furniture manufacturers Standard on the sale of their shares to a strategic investor Green Estonia.
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08.11.2022TGS Baltic advised the founder of SpiderFoot, a best-in-class provider of open-source intelligence, attack surface management and digital investigations
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09.09.2021TGS Baltic advised the venture capital fund OTB Ventures as the lead investor in Fractory’s 7.5 MEUR Series A round
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16.07.2021We advised Nõo Lihatööstus on repurchase of 29% holding
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03.04.2020 | EstoniaAdvising one of the biggest fuel retail undertakings in Estonia Circle K potential unlawful state aid deriving from the statistics trading system enforced by the Estonian Liquid Fuel Act.
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05.02.2020We advised Nasdaq-listed fintech company Opera on the acquisition of Pocosys
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26.06.2019Advising on the divestment of KAFO Eesti
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07.03.2017 | EstoniaAdvising Citypark Eesti in selling its shares to Modus Group
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10.11.2016 | EstoniaBaltic Ground Services obtained an excise warehouse activity licence and enters the Estonian market
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22.10.2015 | EstoniaRepresenting Tallink Group before European Commission in connection with alleged state aid resulting from tax benefits
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18.09.2015 | EstoniaRepresenting Amalfi in litigation with Tax and Customs Board
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19.04.2014 | EstoniaRepresenting Nordea Bank Finland Plc in litigation against tax authority
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03.03.2013 | EstoniaAdvising Tallink Group on the legislative proceeding of the draft Maritime Safety Act in the Parliament of Estonia
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07.01.2013 | EstoniaNordea Bank Finland Plc Estonian branch takes its dispute with the tax authority to court
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News
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28.05.2026 | Estonia, Latvia, LithuaniaA historic achievement across the Baltics: triple win at CEE Legal Matters Deal of the Year awards
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27.04.2026 | Estonia, Latvia, LithuaniaTele2 and Manulife transaction wins the Baltic Private Equity Deal of the Year 2026 award
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25.03.2026 | Estonia, Latvia, LithuaniaTEGOS celebrates recognition in Legal 500 EMEA 2026 guide
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