Frequently Asked Questions
What is the process for forming a company in Estonia?
- Choosing a company name and ensuring it is available for use
- Preparing and submitting the articles of association to the Commercial Register
- Paying the state fee
- Appointing a board member and/or a management board member
- Registering for VAT and social tax
What are the benefits of incorporating a company in Estonia?
- Choosing a company name and ensuring it is available for use
- Preparing and submitting the articles of association to the Commercial Register
- Paying the state fee
- Appointing a board member and/or a management board member
- Registering for VAT and social tax
What are the benefits of incorporating a company in Estonia?
- Estonia has a low corporate income tax rate of 20%.
- Estonia has a modern and efficient e-Business environment that allows for online registration and administration of companies.
- Estonia has a simple and transparent business environment, with a well-developed legal system.
- Estonia is a member of the European Union, providing access to the EU market and its various benefits.
What are the requirements for directors and shareholders of an Estonia company?
- There is no requirement for directors or shareholders to be resident in Estonia.
- A minimum of one director is required for an Estonia company.
- There is no minimum number of shareholders required for an Estonia company.
What are the ongoing compliance requirements for an Estonia company?
- Estonia companies are required to file annual reports to the Commercial Register.
- Estonia companies are required to maintain accurate financial records and make them available for inspection upon request.
- Estonia companies are required to appoint a registered agent and maintain a registered office in Estonia.
How much does it cost to set up an Estonia company?
- The cost of setting up an Estonia company varies depending on the type of company and the services required. Typically, the cost includes government fees, legal fees, and registered agent fees. It is advisable to get a quote from a professional service provider for an accurate estimate.
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