Start a Company in
Estonia
Estonia is a highly popular choice for our clients, particularly startups looking to minimize administrative costs and company registration fees. It's ideal for companies planning to reinvest profits, as retained earnings are not taxed until distribution.
here's what you need to know
- Estonia has signed treaties with 60+ countries.
- Corporate tax is 0% until profits are distributed.
- A transparent and clear tax system
- The minimum share capital amount of a private limited company can be as little as €0.01 per shareholder.
- It is possible to register a company using e-residency or through a power of attorney.
Why us?
Responsibility
We take responsibility for our actions and results.
Integrity
We strive to provide the highest level of consulting services
Accuracy
We adhere to high ethical standards
Individual approach
Our individual solutions are focused on customer needs
Preparatory stage
- Choose the unique name for your company
Compile the documents
- Notarize the power of attorney, a sample of which we will provide, or
- Obtain the e-residency card, with the assist of our team.
Company Incorporation
- Once we have your e-Residency card, we can log into the e-Business Register and complete your company registration, or
- Once we receive the POA, we will handle the notarization and registration on your behalf.
Complete the Initial Questionnaire
- Complete the Initial Questionnaire
- Fill out a short form with basic company and contact details
- Indicate your business activity and countries of operation
Choose Your Account Type and Services
- Select between personal, business, or merchant account
- Choose additional services (e.g. multicurrency support, online banking)
Undergo Compliance Check
- Wait for the bank's initial due diligence
- Respond to any additional compliance questions or requests
Account Activation
- Receive final confirmation from the bank
Our solutions include:
- Preparing monthly, quarterly and yearly management accounts, cash flow statements for management purposes.
- Processing payroll
- VAT consultancy, support registration VAT number, filing VAT-returns and reclaiming foreign VAT
- Other financial reports
Streamline administration with our expert help
- Company formation
- Accounting
- Accounting
- Legal address & contact person
- Regulation and licensing
- Assistance with opening a bank account
QA
What type of business should I start?
Estonia offers several types of business structures, such as sole proprietorships, private or public limited companies, and non-profit organizations. The most popular and often the best choice is the private limited company (OÜ or “osaühing” in Estonian). It is simple and fast to establish online, requires minimal share capital starting at just €0.01 per shareholder, and provides limited liability protection for shareholders.
Why do I need a contact person and legal address in Estonia?
If the management board of your Estonian company is based outside of Estonia, the Commercial Code mandates that you have a licensed contact person in Estonia. The contact person’s role is to receive and forward any official documents or correspondence addressed to your business. They do not need to be a shareholder, director, or employee, and no authority to act on behalf of your company needs to be granted.
Can foreigners or non-residents register a company in Estonia?
Yes, foreigners and non-residents are allowed to register a company in Estonia. There are no restrictions on who can establish a business in the country. While many opt to set up their business through e-residency, it is not a mandatory requirement for company registration in Estonia.
Do I need a business bank account in Estonia?
You will need a business bank account that can handle payments in EUR, the official currency of Estonia. However, it does not need to be with an Estonian bank
What is the best type of business to start in Estonia?
The best business to start is one that aligns with your passion and expertise. People choose Estonia to expand their businesses across various industries, including therapy, consulting, IT, marketing, e-commerce, startups, and more.
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