Company registration in Estonia
Start your business and open a company in Estonia
Benefits of company formation in Estonia
- Convenient tax system. Founders do not have to pay corporate income tax when it is not distributed among shareholders.
- The possibility of remote registration. By obtaining an E-residency card, it is possible to register a company without visiting the country.
- There is no need to officially appoint a director and pay them a salary. This requirement is not specified in the legislation of the republic.
- Availability of double taxation treaty. Estonia has a signed agreement with many EU and other countries around the world.
- Prestige. The Republic is not positioned as an “offshore zone,” so more companies registered here are perceived more positively among major investors.
- Wide opportunities for opening an account. Company registration in Estonia provides obtaining a corporate account both in traditional reliable European banks and in electronic payment systems.
Why register a company in Estonia?
- The democratic government ensures conducting business in the legal space of the European Union.
- Estonian companies can open Stripe, Paysera, and Decta payment accounts.
- Availability of online banking and IBAN bank accounts, e.g., Wise and Payoneer.
- Ability to do business in the EU and cooperate with European companies.
- Accession to the Single European Payment Area and use of Euros in the country.
- Availability of digital signatures, which means the possibility for company directors to sign contracts remotely.
Options for registering a company in Estonia
- Via the Internet. Register a company in Estonia online is the most common way for E-residency card holders. It may take about a month for a business owner to obtain it. In this case, the beneficiary’s declaration is done completely remotely.
- With personal presence. This option is the fastest regarding the procedure itself, but the need to set aside time to visit the country in person can slightly delay registration.
- Through Power of Attorney. This method does not require the business owner to be present in person, as the starting a company in Estonia takes place through a notarized power of attorney.
Company registration in Estonia with e-Resident card
- starting and running a business from anywhere in the world;
- fully remote management of the company;
- signing and verification of annual reports and other documentation;
- online banking through the Estonian bank.
Company formation in Estonia by visit
- company name;
- type of activity;
- details of the owner(s) and director(s):
- copy of passport
- telephone number;
- e-mail address;
- residence address.
Opening a company in Estonia by a power of attorney
- collection of a full package of documents;
- registration of the company according to the legislation of the republic;
- transfer of all documents on the ownership of the company to the founder.
What is the minimum share capital of an Estonian company?
Ready-made/shelf companies in Estonia
Forms of business in Estonia
- A private company with limited liability (osaühing or OÜ).
- A joint stock company with limited liability (AS).
- General partnership (TÜ).
- Limited liability partnership (UÜ).
- Trade association (ühistu).
- an individual entrepreneur;
- non-profit organization;
- a foreign company (opening a branch).
Our advantages in company incorporation
- compliance with all requirements of global and European legislation;
- high-quality service for an adequate price;
- transparency in every step and no hidden fees;
- information support at all stages;
- assistance in selecting the optimal tax regime;
- saving your time.
Steps to set up your enterprise in Estonia
Should I pay any fee to set up an enterprise in Estonia?
How much does firm incorporation in Estonia cost?
When can I start trading with my new company?
Before you start to fully use your new firm, conclude contracts, provide services and receive payments from customers, you need to make sure that your establishment:
- is enlisted into the Estonian company register;
- received the taxpayer certificate and VAT number (if applicable);
- has a corporate bank account;
- acquired necessary licenses to carry out specific types of activities.
If all these conditions are met, you can start working as an entrepreneur legally.
What documents should I need for company registration in Estonia?
Estonian authorities request a standard set of information from applicants, including the agreement of incorporation, articles of association, application, and contact details. You must also provide receipts from the bank on the contribution of the authorized capital and state fees.
If the founder is a legal entity, you must additionally provide data on the company’s activities, the founder’s identity, and papers confirming the reliability and source of income. If all records are in order, the new legal entity will be entered into the Estonia company register the very next business day.