Company registration in Estonia

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.