Estonia Company Formation

Open company in:

  • [en]
  • [ro]
  • [fr]
  • [es]
  • [it]

Estonia

Company Formation and Related Services

Newsletter

News

Buying a European shelf company with VAT number

Whenever you need to start doing business immediately in a European country and you need a company with a VAT number, you don’t have to wait for the bureaucratic procedures.

read more

Partner Law Firms

We encourage you to contact our partner law firms in Bucharest: Rolegal and E&C, both part of our legal network.

read more

Tax Minimization Structures

BridgeWest is specialized in special corporate structures designed for tax minimization. No matter where you want to incorporate your company, you will need to consider how you can legally minimize costs.

read more

Company Formation in Estonia

F.A.Q.

BridgeWest offers you the following services:

- drawing up the articles of association that can be signed through power of attorney (Estonian laws require powers of attorney for any public notary proceedings);

- drawing up documents for company incorporation in Estonia: specimen signatures, passport copies, application forms required for company registration;

 - arranging public notary proceedings (all procedures for company incorporation are done in front of an Estonian public notary);

- providing a registered office in Estonia on demand; the registered office serves as headquarters for the company in Estonia and it will be made public;

- setting up a bank account for the company in Estonia; BridgeWest will help in setting up the share capital bank account, as well as a current bank account once the company is incorporated.

- recommending an Estonian accountant, as accounting services are needed for new businesses in Estonia.

Types of companies in Estonia

1. Osaühing (OÜ - private limited company)

The Estonian private limited company can be owned by one or more shareholders and it is required to have a director. The minimum amount to start a private limited company is 2,550 euros and the minimum nominal value of a share must be 1 euro. The Estonian private limited company must have a management board formed by Estonian residents, although management board members do not need to be shareholders and it is also required to have a registered office.

2. Aktsiaselts (AS - public limited company)

A legal or natural person is the minimum required to start a public limited company in Estonia. It needs a public share capital of 25,500 euros with a minimum nominal share value of 1 euro. It is also required to have a management and supervisory board and a registered office. The public company’s shares must be registered in the Estonian Central Register of Securities.

3. Estonian Branch, Subsidiary and Representative Office

Foreign companies are allowed to set up separate enterprises from the parent company, where the foreign company will be a shareholder in an Estonian company. Foreign companies can also open extensions of the parent company in Estonia.

Documents required for company incorporation in Estonia

- the memorandum and articles of association;

- the desired name for the company;

- the business activity;

- in case the shareholder is a legal entity, a certificate of good standing from the Trade Register in the country of origin of the shareholder is required;

- certificate from the bank as a proof that the minimum share capital has been deposited.

Taxation in Estonia

The corporate tax in Estonia is set at 21%.

In Estonia the standard VAT rate is 20 %, but a reduced rate of 9 % and a zero percent rate apply for some good and services.

Undistributed profits are not taxed in Estonia, but a 21% rate applies to gross dividends.

BridgeWest is also able to offer ready-made Estonian companies and VAT registration.

Please contact us for more information and prices for opening a company in Estonia.



Articles on Company Formation in Estonia

Set up a company in Estonia

As a member state of the European Union, Estonia is considered to have a high income economy, being ranked as the 16th country by the Index of Economic Freedom and since the 1st of January 2012 Estonia adopted the Euro as official currency and became the 17th member of the euro area. Doing busi ...

Types of Companies in Estonia

The economy of Estonia relies in a significant way on foreign investments, and allows entrepreneurs of whatever nationality to establish Estonian limited companies or partnerships. However most of the business entities set up in Estonia are public or private limited liability companies. Open a Publ ...

The Commercial Register of Estonia

A new company in Estonia must be registered with the Commercial Register of Estonia in order to function. The institution’s main attribution is to ensure that every registered company has updated information stored in the database, to enlist every change made in the structure of a legal entity ...

Open Company Branch or Subsidiary in Estonia

There are many ways to invest in Estonia and foreign entrepreneurs usually establish subsidiaries or set up branches. If a foreign company wants to offer services in its own name in Estonia it must register as a branch with the Commercial Register. An Estonian branch is not a legal person, nor is it ...

Guide to Company Incorporation in Estonia

1. What is the minimum share capital for a limited liability company in Estonia?   In order to set up a Limited Liability Company in Estonia, the minimum amount of share capital is around 2,500 EUR. Since 1 January 2011, the currency in Estonia became euro. The contribution can be paid of ...

Paying Taxes in Estonia

1. What is the corporate tax in Estonia? The tax system in Estonia does not require the payment of a corporate tax for undistributed profits, a characteristic quite unique to Estonia. The distributed profits are subject to a 21% tax rate.   2. What is the VAT in Estonia? In Estonia, ...

VAT in Estonia

1. What is the VAT in Estonia? VAT rate is generally 20% in Estonia for a wide range of goods and services. There are however some exceptions. A reduced rate of 9% applies for instance to books, newspapers, accommodation and medicine. Goods supplied on board vessels and aircrafts are subject to a ze ...

Company Law in Estonia

Companies in Estonia are governed by the Commercial Code, which was firstly introduced in 1995. However, it has been lately modified in order to meet the modern requirements and also to adapt to the European legislation. As a matter of fact, Estonia had an agreement with the European Union regarding ...

Setting up a Private Limited Liability Company (OÜ) in Estonia

Private limited liability companies in Estonia are known as Osaühing or OÜ. They are rather popular for foreign investors who want to set up a business in Estonia because they are less expensive and easier to run.   Capital The minimum share capital required for setting up a private l ...

Setting up a Public Limited Liability Company (AS) in Estonia

A public limited liability company in Estonia is a bit different from the private limited liability company. The main characteristic is that this type of company can list its shares with the stock exchange. This type of business is also known as Aktsiaselts or AS and it is also quite popular in Esto ...

Why Invest in Estonia

Estonia is a popular destination for foreign investors who want to set up business abroad. Many foreign companies were established in Estonia over the past decades and it is needless to say that foreign investors played an important role to the Estonian economy. Foreign companies dominate banking an ...

Company Liquidation in Estonia

  BridgeWest handles all steps required for company liquidation in Estonia . Please contact us via email or phone for appointing a liquidator to carry on the company dissolution, submitting the required application forms, dealing with the Court, closing the company's bank account ...

Open a Representative Office in Estonia

BridgeWest handles opening representative offices in Estonia and in other European countries. For more information, please contact us. What are the special requirements for creating an Estonian Representative Office? To increase the presence at a global level and assist their clients who wish to do ...

Register a Non Profit Organization in Estonia

The non-profit organizations based in Estonia must follow the regulations of the Non-profit Associations Act, approved in 1996 and the Foundation Act, signed in 2005. Other regulations for specific non-profit organization are stipulated in the Income Tax Act, the Value Added Tax Act, the State Fees ...

Nominee Director in Estonia

The Estonian Private Limited Company (Osaühing or OÜ) and Public Limited Company (Aktsiaselts or AS) are formed based on a set of regulations written in the articles of associations. In these articles are stipulated the name and the address of the company, the capital and the shares (usual ...

Open Business in Estonia
We guarantee a cost-efficient solution for full company setup, bank account and VAT registration

Meet us in Tallinn

Call us now at +44 203 287 0408 to set up an appointment with our lawyers in Tallinn, Estonia. Alternatively you can incorporate your company without traveling to Estonia.

As a BridgeWest client, you will beneficiate from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Estonia.