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Register a company in Estonia
Company incorporation, bank accounts, accounting services in Estonia
Registration packages
Services
Essential
Standard
Premium
Company registration (OÜ)
Annual registered address
Notary services and company seal
Annual contact person service
Corporate bank account
Accounting services
Start your company in Estonia
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How you can register a company in Estonia with us
Submit shareholder and director information to our firm with a signed power of attorney
Settle a payment for registration and banking assistance
Receive corporate documentation of the registered company and access to the corporate bank account of your company
Key details about Estonia
Estonia is located in Eastern Europe and has a territory of 45,000 square kilometers. Estonia borders Lithuania and has access to the Baltic Sea, which allows it to establish on its territory maritime trade with Scandinavian states, as well as with Poland, Germany and a few other Western European states. Estonia has a population of 1,3 million people.
Corporate taxation, VAT taxation, Personal taxation
- Corporate income tax - 0% if profits are not distributed, otherwise the standard tax rate is 20%
- Dividend withholding tax - Standard tax rate 20%
- Interest withholding tax - Standard tax rate 0%
- Royalties withholding tax - Standard tax rate 10%
- Capital gains tax - Standard tax rate 20%
- VAT - Standard tax rate 20% or a reduced rate 9%
- Personal income tax - from 20% up to 40%.
The following are the most common types of companies to incorporate a company in Estonia as:
- Limited liability company (Osaühing - OÜ)
- Public limited company (Aktsiaselts - AS)
- General partnership (Täisühing - TÜ)
- Limited partnership (Usaldusühing - UÜ)
- Commercial association (Tulundusühistu)
- European company (Societas Europea)
- European co-operative society (Societas Cooperativa)
- Branch office (Filiaal).
- Individuals or legal entities that are intending to register a company in Estonia can be resident or non-resident in Estonia.
- A resident or a non-resident individual can be a company director in Estonia. It is not required to set up a company in Estonia with a resident individual as one of its shareholders or directors. However, in order to open a corporate bank account it is necessary to have a resident individual as a director of the company in Estonia.
- At least 1 shareholder is required in order to register a company in Estonia if such company is incorporated as a OÜ (a limited liability company). An individual shareholder can simultaneously become a director of this company.
- It is not required to create substance (resident employees, office space) in Estonia in order to establish a company in Estonia or to conduct business in the country, although it is highly recommended in order to open a corporate bank account.
- All companies registered in Estonia that have a non-resident shareholder or director must have a contact person in Estonia: either a company with a special license, a notary public or a sworn auditor.
- Minimum share capital that is required in order to start a company in Estonia as a OÜ (a limited liability company) is EUR 2,500.
- OÜ registration takes between 7 and 12 business days with the bank account taking up to 10 business days.
- Details of company founders, shareholders and directors after company registration in Estonia is complete is publicly available in the state corporate register.
- With our service you can register a company in Estonia completely remotely upon a power of attorney.
Official currency of Estonia is euro (EUR).
Estonia's GDP in 2017-2018 grew by 4,8% and amounted to USD 25.5 billion.
Shale industry, telecommunications and IT, textile industry, chemical industry, food industry, timber industry and wood processing industry, shipbuilding, production of electronic equipment remain key sectors of Estonian economy. Estonia produces all the necessary energy for itself, including electricity.
Estonia's GDP in 2017-2018 grew by 4,8% and amounted to USD 25.5 billion.
Shale industry, telecommunications and IT, textile industry, chemical industry, food industry, timber industry and wood processing industry, shipbuilding, production of electronic equipment remain key sectors of Estonian economy. Estonia produces all the necessary energy for itself, including electricity.
Foreign entrepreneurs expand to Estonia and seek to incorporate a company in Estonia in order to conduct business in the following sectors:
- wholesale and retail trading
- logistics
- IT
- crypto business
- industrial production.
Benefits of registering a company in Estonia
- Business climate
- Access to EU markets
- Open economy
- Licenses for crypto business
- Highly-developed infrastructure
- Political stability
- Secure legal and justice systems
- Comprehensive protection of property rights
- Comprehensive personal security
- Investment protection
- Low inflation
Tax incentives- Corporate income tax rate is 0%, if profits are not distributed
- Double tax treaties with several jurisdictions
Ease of doing business- Companies can be opened completely remotely
- No foreign exchange controls
Register your company in Estonia
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