Company registration in Estonia

Company registration in Estonia with e-Resident card – 250 EUR

To register a company using an e-residency card, it is necessary to have a registered address and a contact person in Estonia. The price is not includes the paid state fee and notary services.

Company formation in Estonia ( OÜ ) by visit – 400 EUR

For company formation client must send all necessary information in advance and visit Estonia for 1 day. The price is not includes the state fee and notary services. It is necessary to have a registered address and a contact person in Estonia.

Opening a company in Estonia by a power of attorney – 790 EUR

To open a company by power of attorney, you have to prepare a notarized power of attorney in Estonian for a representative of our company. In case of establishing a company by power of attorney, your presence in Estonia is not necessary.The price includes the state fee and notary services. It is necessary to have a registered address and a contact person in Estonia.

Ready made/shelf companies in Estonia

In addition to the establishment of new companies, we also offer to acquire an already established company. We do offer companies without activities and companies that have been active. All companies filed annual reports and have no debt.

Virtual office (legal address + mail delivery) for 1 year – 200 EUR

A company registered in Estonia shall have a legal address to which government agencies, when necessary, will be able to send letters of demand.

Contact person for 1 year – 200 EUR

Beginning from 15.01.2018, in accordance with the Commercial Code of the Republic of Estonia, all companies that do not have residents of the Republic of Estonia among the board members are required to appoint a contact person. The contact person can only be a Notary Office, a Law Office, a Certified Audit Office or a company that has the necessary licence to provide contact person services. The contact person is responsible for accepting procedural and other documents from the administrative bodies of the Republic of Estonia, as well as for sending these documents to the addressee.

Legal advice – from 100 EUR

Our lawyers can advise you on various legal issues. Do not hesitate to contact us, and we will be glad to help you.

Assistance in applying for VAT number – 400 EUR

Consultations + assistance in execution of documents. Support throughout the process of VAT registration.

Upon registering a company in Estonia, you can apply for opening a bank account in Estonia if you have partners in Estonia/employees living in Estonia/carry out activities in Estonia. If the intended activity of the company is not related to Estonia, you will not be able to open a bank account in Estonia. If you want to open an account with an Estonian bank, the company has to start its activities, in full or in part, in the territory of Estonia, and we will be happy to help you. We advise you to contact the bank after your company has evidence of activities in Estonia (to open an account with an Estonian bank, a board member of the company shall be present).

FREQUENTLY ASKED QUESTIONS

How much does it cost to register a company in Estonia?

The cost of a company registration depends on the type of incorporation. See Prices for detailed information.

How long does it take to register a company?

The company will be registered during 5 business days after signing the company registration application.

What activities can an Estonian company carry on?

An Estonian company is allowed to carry on any authorized activity. A company can perform several different types of activities at the same time.

Can a foreigner be the owner and director of an Estonian company?

Yes, a foreigner can be the owner and director of an Estonian company

How many owners and directors should an Estonian company have?

At least one owner from among board members.

What is the minimum share capital of an Estonian company?

The minimum share capital is 2,500 EUR, which can be contributed within 10 years. In Estonia, a company can be established without making a share capital contribution.

Is it possible to get a VAT number for an Estonian company?

Yes, a VAT number can be obtained before the company starts to operate.

How to open a bank account for an Estonian company?

After the company is established, all Company in Estonia OÜ customers get assistance and detailed information, free of charge, on how to open an account. See Open a bank account in estonia

Should an Estonian company have employees?

An Estonian company may have no employees.

What are annual costs for maintaining a company in Estonia?

As prescribed by law, an Estonian company owned by a foreigner shall have a contact person (200 EUR/year) and a legal address in Estonia (200 EUR/year).

What taxes are charged when doing business on behalf of an Estonian company?

In Estonia, there is no income or turnover tax, and therefore there is no pre-distribution tax. Salaries of non-residents of Estonia living outside the country are subject to a 20% income tax. Dividends are taxed at 25%. Read more Taxes levied upon estonian companies

Can I apply for the Estonian Schengen Visa?

Upon setting up a company in Estonia, you have every reason to apply for a visa to visit Estonia. We will help prepare an invitation for all company-related persons.
a visa application shall be submitted personally at an Estonian representation office (vm.ee/et/node/2430) or at an office of a Schengen country representing Estonia (vm.ee/et/node/36138).