Service name | Standard set | Premium set |
Company registration | + | + |
Official address for 1 year | + | + |
Apostil set | – | + |
The Power Of Attorney | – | + |
Bank account | – | + |
Formation fee | 2500 EUR | 2700 EUR |
Fee for yearly administration | 800 EUR | 900 EUR |
General information
Area – 45,228 sq. km
Population – 1,340,000
Сapital – Tallinn
Official language – estonian
Official currency – euro (EUR)
Legal form of Company
Most common form of legal entity in Estonia is Company with limited liability (OU)
Key specials
Profit reinvested back in Company, without dividend payout, will stay free of Corporate Income Tax
Providing of banking, insurance or trust services are subject of special license
Estonian Company can be used as agent on behalf of principal (offshore as well)
Corporate legislation
Commercial Code from March 2008
Share capital
Standard share capital is 2500 EUR
Authorized issue of registered shares with par value only
Bank account opening
For Estonian Company we offer bank accounts in following countries:
Latvia
Estonia
Lithuania
Switzerland
Cyprus
Denmark
St. Vincent and the Grenadines
Belize
Seychelles
Tanzania
Bosnia
Hong Kong
Dubai
Directors
Minimum one director is required
Use of nominee directors is allowed
Directors can be residents of any country. At least 50% of management of Company should be permanent residents of EU
Directors can be private or corporate
Shareholders
Minimum one shareholder is required
Use of nominee shareholders is allowed
Shareholders can be residents of any country
Shareholders can be private or corporate
Taxation
Value added tax – 20%
Corporate tax – 20%
Accountancy
Monthly book keeping is required
Financial statements must be submitted every year
Timeframes
New Company registration takes from 1 day.
Shelf companies are available.
For more information, please contact us.