Company Formation in Estonia

Company Registration in Estonia

Estonian Company Setup - Fast & Simple Business Formation

If you’re planning to launch your business in Europe and expand into the European Union market, then registering a company in Estonia is an ideal starting point. This strategic choice offers a gateway to the EU, along with an advanced digital infrastructure and favorable business climate.

Start Your Business in the EU: Why Choose Estonia

Estonia is renowned as one of the most open and dynamic economies in Europe, celebrated for its progressive and adaptable commercial environment, as recognized by the OECD and World Bank. With a transparent and straightforward company formation process, your legal entity can be established and ready to operate within days.

Starting and Running a Business in Estonia

If you’re determined to establish a company in Europe, prioritizing this country for your business setup should be a top consideration. For years, Estonia has focused on creating a welcoming and innovative business environment to attract foreign capital and entrepreneurs worldwide.

Business Opportunities in Estonia: Enjoy Zero Corporate Tax

Estonia is the perfect destination for setting up a business, especially for global entrepreneurs and digital nomads. Its e-Residency program enables easy online management of an EU-based business. The country offers a simple, competitive tax system and a tech-friendly environment, boasting a skilled workforce and a strong focus on innovation.

A Leading European Hub for Innovation and Fintech

Estonia, with its simple and clear Commercial Code, has become an attractive environment for business and a vibrant center as a European IT hub and home to forward-thinking startups, as highlighted by Enterprise Estonia. This includes blockchain ventures, crypto exchanges, and innovative Web 3.0 projects. It’s also a breeding ground for DAOs, NFT marketplaces, fintech companies, crowdfunding platforms, and emerging DeFi models, all contributing to its growing tech landscape.

Key Advantages of Doing Business in Estonia

For many years Estonia is a leading country (1st place) in the International Tax Competitiveness Index and consistently ranks high in the Economic Freedom Index (8th place) and in the Ease of Doing Business Index (18th place).

Essential Benefits of Starting a Company in Estonia

Establishing a company in Estonia is an effective way to launch your business project and enter international markets. It helps diversify risks, reduce administrative burdens, and lower the tax load on your existing enterprise.

• 0% Tax Rate on Retained Earnings

  Company profits are not subject to corporate or income tax until distributed to shareholders. All profits can be fully utilized for business development or reinvested to generate additional income, making Estonia similar to a tax haven.

• Minimum Share Capital is Just 0.01 €

  When registering a company, founders can set the share capital at any amount. If it does not exceed 50,000 euros, the Business Register doesn’t require proof of payment into the charter fund (no bank or payment system confirmation needed).

• A Fully Digital Nation

  Estonia’s comprehensive digitization of the public sector and business environment allows foreign investors and entrepreneurs to easily and quickly register companies, manage finances, pay taxes, and conduct business entirely online through state e-services available on the official portal eesti.ee.

This overview only scratches the surface of the numerous benefits associated with incorporating a company in Estonia. Starting your enterprise or startup here will favorably position you compared to other alternatives and help bring your business into the legal framework of the European Union quickly.

 

Request an Offer

How to Register a Company in Estonia

Estonia has become a magnet for foreign entrepreneurs and investors due to its innovative approach to business regulation and the digital economy. Over the past 20 years, local government has actively pursued policies aimed at attracting foreign entrepreneurs and investors.

Ways to Set Up a Company in Estonia

The process of setting up a business in Estonia is completely free of bureaucracy, making it simple and transparent—anyone can establish an entity in just a few days.

Foreigners interested in opening a company in Estonia can use the following methods:

• Register a Company Online with e-Residency

  To set up a company in the specialized online environment of the Business Register, all active persons (shareholders and directors) will require an e-Residency card.

  Term: 1 day | Price: from 375 €

• Company Incorporation in Person

  This procedure requires a personal visit to a notary’s office in Tallinn. Our lawyers will provide a preliminary consultation and legal support throughout the entire process.

  Term: 1-5 days | Price: from 550 €

• Open a Company Remotely by Power of Attorney

  To create a company remotely without personal presence, issue a notarized power of attorney to our agency’s lawyers, and we will carry out the entity formation on your behalf.

  Term: 5-10 days | Price: from 900 €

OUR PRICING PLANS

Corporate Services for non-Residents

Below is a detailed breakdown of the fees for launching a company in Estonia. This includes a comprehensive list of costs associated with various additional corporate and legal services we offer to support your company's setup.

• Type of services
  Price

• Opening a company online with e-Residency | Basic pagkage
  375 €
• Advanced pagkage
  700 €
• Company registration in person by visit | Basic pagkage
  550 €
• Advanced pagkage
  850 €
• Establishing a company remotely by power of attorney | Basic pagkage
  900 €
• Advanced pagkage
  1200 €
• Legal address in Tallinn (price for 1 year)
  250 €
• Contact person in Estonia (price for 1 year)
  250 €
• Virtual Office service (incl. legal address and contact person, price for 1 year)
  400 €
• Legal advice (price for 1 hour)
  75 €
• Accounting consulting (price for 1 hour)
  75 €

* The cost of formation of an entity, regardless of the method, includes payment of all notary and state fees, as well as 1 hour of a legal or accounting advise. The advanced package includes legal address and contact person services for one year. The prices indicated above do not include a possible VAT.

 

Submit an Order

Why Choose Eesti Firma OÜ?

Our team of consultants, lawyers, and accountants has specialized in commercial law and foreign business support in the European Union for over 10 years.

Experienced Team of Corporate Advisors and Lawyers

With over 10 years of experience, our team offers the highest quality service, finding solutions for the most complex situations. Top reasons to choose us for establishing a business in Estonia:

• Reliable Service Provider

  We are a licensed company registrar, holding state license No. FIU000144 issued by the Financial Intelligence Unit (FIU).

• Years of Experience and Qualified Specialists

  Our team comprises experienced consultants, graduate lawyers, and accountants. We have helped incorporate over 3,000 companies in the past 10 years.

• All Services Under One Roof

  We are a direct service provider, offering all services with our own resources—no third parties involved. All consultants, lawyers, and accountants are employees of our agency.

• Quality Guarantee

  We guarantee impeccable quality and efficiency, complete confidentiality, and a responsible approach to each client.

• Client-Centric Approach

  As our client, you can always count on our support, including free legal or accounting advice from our specialists when necessary.

We look forward to becoming your trusted partner and will do everything we can to ensure that your company’s entry into the market meets your expectations.

Step-by-Step Guide to Establish a Company in Estonia

Establishing a business in a new country is an exciting opportunity to expand your horizons and tap into new markets. Estonia offers a straightforward and efficient process for business formation, making it an attractive destination for entrepreneurs worldwide.

Everything You Need to Know About Starting a Business in Estonia

This guide provides an overview of the essential steps to incorporate a company in Estonia, helping you navigate the process with confidence:

• Choose your company type

  For small and medium businesses, a Limited Liability Company is most suitable. This structure limits liability, protecting your personal assets from business debts.

• Select a unique company name

  Choose a name that isn’t already registered. It must follow local rules and include “OÜ” for a Private Limited Company. Check availability in the Business Register

• Choose the registration method

  Decide between online or notary registration. Online registration uses e-Residency, allowing remote management. Alternatively, you can register via a notary, either in person or remotely with a power of attorney.

• Provide a local legal address

  You need a registered office address in Estonia for official correspondence. Virtual Office services can provide a local address if needed.

• Register your company

  Submit the required documents online or through a notary. Ensure all information is accurate to avoid delays. Once approved, your enterprise will be listed in the Business Register.

• Open a business bank account

  Open a corporate payment account for transactions, tax payments, and other business needs. You can choose a local bank or an international fintech service.

• Set up accounting

  Arrange accounting services or use compliant software to meet Estonian accounting standards. This is key for accurate tax filings and annual reports.

• Stay compliant with ongoing obligations

  Submit annual financial statements and tax declarations as required, and stay updated on regulatory changes to maintain compliance.

By following these steps, you can successfully establish a business in Estonia and take advantage of its innovative business environment. Whether you’re a startup enthusiast or an established entrepreneur, Estonia offers a transparent and efficient platform for your business ambitions.

Estonia vs. Other EU Countries: Unique Benefits

When considering company formation in the European Union, Estonia stands out for its unique benefits. Beyond the general perks of being in the EU, this country offers a progressive and supportive environment for modern businesses. Let’s take a look at what makes Estonia different from other EU countries:

• Unique Corporate Tax System

  Estonia has a 0% corporate income tax on undistributed profits, meaning taxes only apply when profits are paid out as dividends. This allows businesses to reinvest earnings and grow faster. In most other EU countries, corporate taxes are levied annually, regardless of profit distribution.

• Effective e-Residency Program

  The e-Residency program allows entrepreneurs worldwide to set up and manage an EU-based business entirely online. While other EU nations are beginning to offer digital services, this program is known for its efficiency and comprehensive features.

• Innovative Legal Framework

  With progressive laws supporting blockchain, fintech, and cryptocurrencies, Estonia provides an ideal environment for innovative companies. According to Ministry of Economic Affairs a and Invest in Estonia, the country stands out for fostering growth in tech-driven sectors, unlike many other EU countries with more conservative regulations that can limit growth.

• Eurozone Membership

  Estonia is part of the Eurozone, using the Euro as its currency, which simplifies transactions and removes currency exchange risks in Europe.

• Advanced E-Governance Services

  Comprehensive e-governance solutions allow businesses to handle nearly all administrative tasks online—such as signing documents, filing reports, and paying taxes. This level of integration goes beyond what is typically available in other EU countries, where in-person processes are still common.

• Vibrant Startup Ecosystem

  With one of the highest numbers of startups per capita in Europe, the country has a dynamic entrepreneurial community. Local incubators, accelerators, and an experienced mentor network, supported by organizations like the Estonian Chamber of Commerce and Industry and Startup Estonia, create unique opportunities for startups.

Choosing Estonia for your company formation means tapping into a unique blend of innovation, transparency, and efficiency. These advantages make Estonia an exceptional place to start and grow your business in the EU.

Additional Services

We offer a full range of services necessary for Estonian company registration, starting commercial activities, and further growing your business. Our corporate and support services include:

• Accounting Services

  We offer comprehensive tax and accounting service for local companies. Our specialists provide qualified support in document management, preparing annual reports, filing tax returns, obtaining VAT number and EORI number, accounting for fixed assets, payroll calculations, and more.

• Legal Address and Contact Person

  Every undertaking formed in Estonia must have a legal address. For enterprises without local residents among founders or directors, we recommend appointing a contact person to receive mail and official notices addressed to the entity.

• Legal Services

  Our lawyers have extensive experience in corporate and civil law, providing a wide range of legal services. We offer consultations, provide legal opinions, assist in preparing necessary documentation, including corporate documents , and represent you in negotiations or court proceedings if necessary.

• Payment Account Opening

  We assist in opening of payment accounts with banks and payment service providers (EMI or PSP) in the European Union. We will find and offer the most efficient payment solutions based on your business model and activities.

We offer professional business consulting, accounting, and legal support to startups and established enterprises seeking to restructure internal processes and optimize performance.

Get in Touch for a Free Advice

Are you interested in registering a business in Estonia? For individual price quotations on company establishment and ongoing support, feel free to contact our specialists and consultants!

Corporate services are our specialty!

We will analyze your business model with you and offer the most effective Estonian company formation solution to bring your business to the European Union single market quickly.

FAQ | Frequently Asked Questions

Our goal is to provide you with useful information to help you understand the process and benefits of registering a business in Estonia. Below, you’ll find a list of the most frequently asked questions our consultants encounter. We hope this material will be interesting and useful to you.