e-Residency of Estonia
Estonia is the first country in the world to offer foreigners “e-Residency” – a digital identity with electronical signature rights that comply with all EU regulations and standards.
Start Your EU Business by e-Residency Fully Online
e-Residency allows you to use most of Estonia’s e-state services, the most actual of which is the ability to register an Estonian company online and then manage your business remotely without being tied to a specific location.
Apply and establish your Estonian company completely online!
We can help you to apply for e-Residency and incorporate a company in Estonia from anywhere in the world.
We guarantee reliability, operativeness and a professional approach. Our advisers, lawyers and accountants have many years of experience and are competent in solving the most complex tasks.
Set up an enterprise in Estonia with e-Residency | Price from € 375 Send enquiryESTABLISHING A COMPANY IN ESTONIA ONLINE
Start a company in Estonia and run a business in EU using e-Residency
Estonia became the first country in the world to successfully develop and implement “Electronic Residency” or “e-Residency”. Since the launch of the e-Residency program in 2014, over 100,000 People have obtained e-Residency status and more than 27,000 Estonian companies have been created by them.
Digital Identity and Global Opportunities with Estonian e-Residency
Estonia’s e-Residency Program provides foreign citizens the ability to manage their business within the European Union remotely, using digital technologies. This system significantly simplifies the process of company formation, accounting, tax reporting, and other corporate operations over the Internet. Not only does this contribute to the development of the global economy, but it also strengthens Estonia’s position as an innovative and progressive hub for digital technologies in Europe.
ONLINE FORMATION OF AN ESTONIAN COMPANY
Advantages of Establishing a Company in Estonia with e-Residency
Estonia is one of the most attractive countries in Europe for business establishment, consistently ranking at the top in several key indexes. For many years, Estonia has led the International Tax Competitiveness Index, holding the 1st place. Additionally, it regularly secures top positions in other significant indexes, including 8th place in the Economic Freedom Index and 18th place in the Ease of Doing Business Index.
The main Advantages of Starting a Business in Estonia are the following:
• Retained Earnings are Not Taxed (Corporate Tax Rate is 0%)
• Fast and Simple Online Business Registration within a 1 Day
• Minimum Share Capital is 0.01 €
• The Company’s Shareholders and Directors Can De 100% Foreigners
• Ability to Remotely Manage the Business from Anywhere in the World
• Full Integration into the EU Legal and Customs Space
Starting a Business in Estonia is the best solution to introduce your project to the European Union market or to restructure and enhance the efficiency of an existing business. With its attractive Tax System and reputation as a Tax Haven, Estonia provides an ideal environment for business growth and optimization.
PRICE OFFER
Comprehensive Corporate Services for e-Residents
We want to become your reliable partner in the field of corporate services in the European Union. Our goal is to make the process of creating and managing your business as simple and transparent as possible. Below are the prices for the service of registering an enterprise in Estonia online with the e-Residency, as well as for additional and related services.
* Indicated costs of company incorporation includes a state fee of 265 euros, preparation of an electronic petition in the Commercial Register, and support throughout the entire entity registration process. All above prices do not include a possible VAT.
WHAT IS E-RESIDENCY?
Electronic Signature and Digital Identity of an e-Resident of Estonia
The e-Resident Digital ID is a digital document used in the electronic environment to identify the identity of its owner and affix a digital signature. The carrier of electronic signature certificates is a smart card with a microchip, which is issued as part of the e-Residency program and is equipped with PIN codes.
Compliant Digital Signature with eIDAS Standard
The electronic signature complies with all the requirements specified in Regulation of the European Parliament and of the Council (EU) No. 910/2014 of 23 July 2014 (eIDAS).
Why is e-Residency Attractive?
Obtain an e-Residency and Establish a Company in the EU Fully Online
Foreign citizens who are granted an e-Residency gain the ability to use Estonian e-government services on an equal footing with local residents, including the ability to Register Companies Online and Remotely Manage Their Business through the electronic environment of the Business Register.
How to Become an e-Resident?
Simple Steps to Apply for e-Residency in Estonia
The procedure for Obtaining e-Residency in Estonia is very straightforward. The first step is to complete an Online Application, then pay the state fee and, upon approval, pick up your e-Residency starter kit at a Pre-Selected Location.
e-Residency in Estonia | State fee: 100 euros, Term: 4-6 weeks
Once you have e-Residency, you can formate your undertaking online on the Estonian Business Register portal and start your business operations within the EU.
Setting Up a Company using e-Residency
Registering a Company with e-Residency: A Step-by-Step Guide
The online portal of the Commercial Register has a simple and clear interface — setting up a business in Estonia online using an e-Residency will take you no more than half an hour.
Need Assistance with e-Residency?
If you encounter any difficulties or need assistance — our lawyers and consultants will be happy to assist you in addressing all matters and tasks related to registering your business.
1. Check the Availability of the Desired Business Name
Before starting the process of business creation, we strongly recommend checking the desired Company Name, which should be distinct from the already registered commercial names.
2. Choose the Field of Activity of Your Entity
When establishing an entity, it’s necessary to specify the main area of activity of your enterprise from the EMTAK classifier. The area of activity is purely informational in nature.
3. Acquire a Legal Address and Contact Person Service
During the undertaking’s incorporation procedure, you need to specify the legal address and contact person of the company. If needed, we will provide you with these services.
4. Fill Out the Online Petition
The application for company incorporation is submitted through the Business Register portal. To access the web environment, you will need e-Residency and PIN-1.
5. Sign the Petition
A completed and approved petition for company formation must be signed via e-Residency using PIN-2.
6. Pay the State Fee
The state fee for online company establishment is 265 euros. Payment details and a unique reference number can be found at the end of the petition after signing it.
7. Wait
The Commercial Register will consider the submitted application no later than the end of the next working day, however, in most cases, setting up an undertaking takes only a few hours.
8. Your Estonian Company is Ready
You will receive a notification about the successful completion of the emtity formation procedure by e-mail. After that, you can proceed with opening a current account and start your project activities.
Technical guidance on setting up your operating system and internet browser for proper work with e-Residency can be found Here.
If You Don’t Have an e-Residency
Can I Establish a Company in Estonia Without Having an e-Residency?
You can start a company easily and simply using alternative channels and opportunities.
Alternative Options for Starting a Business in Estonia
Thus, in addition to the possibility of establishing a business online using an e-Residency, an entity can be incorporated In Personal Presence on the territory of Estonia or Remotely by Power of Attorney, which must be issued in the name of our lawyers.
Additional Corporate Services
Services That May Be Relevant for e-Residents
The following are the most relevant additional services needed to set up and run a successful business in Estonia. All the services outlined below are offered in-house by our team, with no third parties involved.
Legal Address
To successfully register a business in Estonia, e-Residents need to have a local Legal Address. We offer Virtual Office and Registered Address services in Tallinn with the option to receive and redirect incoming mail and other correspondence.
Contact Person
A Contact Person is strongly recommended for companies belonging to e-Residents and that do not have a physical office in Estonia. The sole function of the contact person is to receive official mail and documentation to ensure a reliable communication channel between the entity and government agencies.
Accounting Services
Our Accountants have many years of experience serving e-Resident companies and are professionals in their field. We will advise you on tax matters, organization and maintenance of Accounting, working with staff, obtaining VAT and EORI numbers, as well as offering a complete range of Accounting Services related to the submission of Tax and Annual Reports.
Legal Services
Our lawyers offer comprehensive support and assistance to e-Residents in addressing issues in the field of commercial, financial, and civil law of the Republic of Estonia and the EU. Our company’s specialists provide Legal Services and have extensive experience in IT law, intellectual property protection, labor and immigration law, as well as obtaining permits and licenses for operations. Additionally, we offer expert Legal Opinion to ensure our clients receive the best possible guidance.
Opening of Bank or Payment Accounts
Estonian companies owned by e-Residents have the right to open accounts in banks and payment services worldwide. We will advise you on Opening of Payment Accounts for your enterprise in both local banks and financial and payment institutions in other jurisdictions, considering your needs and preferences, business area, and specifics of business management.
Corporate Documents
We will assist you in obtaining, certifying, apostilling, and translating such Corporate Documents as: Registry Card, Articles of Association, Memorandum of Association, Certificate of Incumbency, Certificate of Good Standing, Tax Residency Certificate, and more.
If you require any services that are not indicated in the list above, please contact our specialists and clarify the cost and conditions for obtaining the service you require.
Contact Us for e-Residency Services
Estonia’s e-Residency: Launch Your EU Business with One Click
Eesti Firma is a licensed company registrar and holds the state license of Provider of Trust and Company Services number FIU000144, issued by the Financial Intelligence Unit (FIU). This certification ensures that Eesti Firma adheres to the highest standards of regulatory compliance and transparency in all its corporate service offerings.
Eesti Firma – Who We Are?
We are a close-knit team of advisers, lawyers and accountants and specialise in corporate law as well as legal and accounting support for businesses in Estonia. We guarantee impeccable quality, efficiency and professional approach to every client. Our team’s deep expertise and proactive customer service are dedicated to helping you navigate the complexities of setting up and managing your business seamlessly.
Corporate Services in Estonia is Our Specialty!
For individual advice on applying for e-Residency, as well as Online Company Registration in Estonia and its further support, please contact our specialists and consultants. Our knowledgeable team is ready to provide tailored solutions that align with your business goals and ensure a smooth launch and operation of your company in Estonia.
FAQ | Frequently Asked Questions
Below are the most common questions and answers regarding the topic of obtaining e-Resident status, opening a company in Estonia, organizing business processes and conducting commercial activities. Perhaps you will find this material interesting to read.
- Who can become an e-Resident?
Estonian e-Residency is available to anyone in the world.
- How much does it cost to get e-Residency?
The cost may vary, but on average it is about 100-120 euros.
- How long does the process of obtaining e-Residency take?
Typically, the procedure for obtaining e-Residency takes from 4 to 6 weeks after submitting the application.
- For how long is e-Residency issued?
e-Residency is issued for 5 years, after which it can be extended.
- What is the main condition for issuing e-Residency?
You should have a clear understanding of the reason why you are applying for e-Residency and how you should be able to explain how you plan to use it.
- Can my e-Residency application be rejected?
Yes, all applications are considered individually and if any negative circumstances arise, your application may be rejected.
- Can I establish several companies under e-Residency?
Yes, you can have several companies at the same time.
- Does e-Resident status entitle me to a visa or residence permit?
The e-Resident status grants its holder solely the right to an electronic signature. This status does not provide for any other privileges, including the right to obtain a residence permit, tax residency, entry or work visas
- How can I set up a company if I do not have an e-Resident’s digi ID?
If you do not have an e-Residency card, you can incorporate your company in person when you arrive in Estonia or by submitting a relevant notarised power of attorney to our lawyers.
- What is the minimum amount of authorised capital and is it necessary to contribute it?
The minimum amount of authorized capital of an Estonian company is 0.01 euros. If the registered share capital does not exceed 50,000 euros, then there is no need to separately confirm its contribution.
- How to choose the right field of activity for the enterprise to be formated?
When formating an entity, it is possible to specify only one intended field of activity from the relevant classifier. The scope of activities designated in the Business Register is of an informative nature and does not constitute a legally binding circumstance.
- Can another legal entity act as a founder of the company?
Yes, it is possible.
- What kind of reporting are Estonian companies required to submit?
All Estonian legal entities are required to maintain accounting records and submit annual financial reports, regardless of whether they have been actively engaged in business or not.
- When and how can a company pay dividends to its owners?
Dividends are paid on the basis of the undertaking’s profit for the previous business year, which is recorded by submitting an annual report to the Business Register. The dividends are subject to income tax at the rate of 20/80, i. e. if you decide to distribute an amount of € 100,000, € 20,000 will constitute the income tax payable and € 80,000 will be paid to the company owners.
- Is it required to pay a salary to the management board members (directors) of the company?
Members of the management board (directors) of the company have the right not to receive remuneration (salary) for their activities and work related to the management and representation of the entity.
- Should a company pay taxes for freelancers?
If a company makes payments to employees (including freelancers) who perform work for the company while permanently abroad and, at the same time, are not tax residents of Estonia, then the company does not have the obligation to declare such payments to the Tax and Customs Board and pay taxes to the state treasury.
- Can an Estonian undertaking buy or invest in crypto or other virtual assets?
Yes, it is possible. Legal entities registered in Estonia are free to buy and own crypto and invest in crypto assets and other virtual values.
- Can an Estonian entity open a payment account with a foreign bank or payment system?
Yes it is possible. In recent years, the practice of opening current accounts in payment systems such as Wise, Paysera and Revolut has become quite widespread.
If you have not found an answer to your question, feel free to contact our consultants, lawyers and accountants and we will be happy to help you and together we will find a solution to any situation.
