Tax Foundation Ranking 2023

Estonia has the world鈥檚 best tax system [2023] – Tax Foundation Ranking

馃専 Estonian Tax System – Tax Foundation 2023 Ranking 馃専

According to the Tax Foundation, Estonia has the best tax system in the world! 馃實 And you know what? It’s all because of four awesome things about their tax code:

Features of Estonia’s Tax System
1. No tax on profits companies reinvest 馃搱
2. Flat 20% tax on individual income 馃挵
3. Property tax only on land value 馃彙
4. No tax on foreign profits for Estonian companies 馃寪
Tax Advantages in Estonian Tax System [2023]

In simpler words, Estonia’s taxes are super easy to understand and follow. Companies spend only five hours a year dealing with taxes, compared to a whopping 42 hours in other countries! 馃槻 Plus, they don’t have annoying property transfer taxes like many other places do. No wonder it’s the best!

Low Tax Rates

Low tax rates also make Estonia a great place to do business. Businesses here can grow and create jobs because they don’t have to deal with high taxes eating up their profits. That’s why Estonia’s economy grew by 8.3% last year, way faster than other countries in Europe! 馃殌

So, if you’re thinking about investing or starting a business, Estonia is the place to be. Their top-notch tax system will help you make the most of your money and beat those pesky inflation and energy prices! 馃捈馃挕

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Firma zagranica a Podatki w Polsce

Firma za granic膮, a dzia艂alno艣膰 w Polsce 馃嚨馃嚤

Za艂o偶enie firmy za granica jest mo偶liwe nie tylko dla Polak贸w, dla mieszka艅c贸w Unii Europejskiej, a tak偶e dla os贸b, kt贸re maj膮 miejsce zamieszkania w krajach trzecich, np. Indie. 

Eesti Consulting kieruje oferte glownie do Polakow, ktorzy mieszkaja poza granicami swojego kraju.

Mirek zalozyl firme za granica

Mirek jest digital nomadem, ktory czesto zmienia swoje miejsce zamieszaknia. Przez kilka miesiecy mieszkal w Tajlandii , nastepnie udal sie do Buthanu , skonczywszy swoja przygode w polnocnej Norwegii

Gdzie mieszkaja Polacy za granica?

Pa艅stwoLiczba Polak贸w
Stany Zjednoczone 馃嚭馃嚫10,000,000 milion贸w
Brazylia 馃嚙馃嚪3,000,000 milion贸w
Niemcy 馃嚛馃嚜1,750,000 milion贸w
Francja 馃嚝馃嚪1,000,000 milion贸w
Kanada 馃嚚馃嚘1,000,000 milion贸w
Wielka Brytania 馃嚞馃嚙743,000 tysi臋cy
Argentyna 馃嚘馃嚪200,000 tysi臋cy
Bia艂oru艣 馃嚙馃嚲1,000,000 milion贸w
Australia 馃嚘馃嚭182,000 tysi臋cy
Litwa 馃嚤馃嚬183,000 tysi臋cy
Zrodlo: https://www.national-geographic.pl/artykul/polonia-na-swiecie-ilu-polakow-mieszka-za-granica

2 hipotetyczne sytuacje prawne

Obywatelstwo osobyMiejsce zamieszkania
Polskie 馃嚨馃嚤W Polsce (Polski Rezydent Podatkowy)
Polskie 馃嚨馃嚤Poza Polsk膮 – np. Rezydent Podatkowy USA 馃嚭馃嚫, Rezydent Podatkowy Hiszpanii 馃嚜馃嚫, Rezydent Podatkowy Chorwacji馃嚟馃嚪

Prowadzenie firmy w Polsce jest zwi膮zane z ponoszeniem wysokich koszt贸w administracyjnych takich jak: sk艂adki ZUS na ubezpieczenie spo艂eczne (1485,31 z艂 miesi臋cznie bez chorobowego – 藕r贸d艂o: Zak艂ad Ubezpiecze艅 Spo艂ecznych), sk艂adka zdrowotna, nie m贸wi膮c ju偶 o podatkach, kt贸re s膮 de facto bardzo niskie w Polsce. Wiele os贸b pyta czy jest mo偶liwe otworzenie firmy za granic膮, a odprowadzanie podatku w Polsce. Nie ma na to odpowiedzi twierdz膮cej, poniewa偶 materia podatkowa jest bardzo skomplikowana.

Jednak偶e jest wielu przedsi臋biorc贸w, kt贸rzy chc膮 prowadzi膰 interesy poza granicami Polski i poszukuj膮 wsparcia w zakresie rejestracji firm zagranicznych.

Jakie biznesy rejestruja firme za granica?

  1. Agencje reklamowe i marketingowe – Oferuj膮 kompleksowe rozwi膮zania marketingowe, w tym SEO, SEM i LinkBuilding.
  2. 馃彮 Firmy consultingowe – 艢wiadcz膮 us艂ugi doradcze, pomagaj膮c w rozwi膮zywaniu problem贸w biznesowych oraz doskonaleniu proces贸w operacyjnych.
  3. 馃搳 Audytorzy oraz doradcy biznesowi – Specjalizuj膮 si臋 w przeprowadzaniu audyt贸w i analiz biznesowych, maj膮cych na celu optymalizacj臋 dzia艂alno艣ci przedsi臋biorstw.
  4. 馃枼锔 Kryptowaluty (gie艂da kryptowalutowa) – Platformy umo偶liwiaj膮ce handel kryptowalutami oraz inne transakcje cyfrowych aktyw贸w.
  5. 馃嵔锔 Startupy technologiczne – Nowe firmy skupiaj膮ce si臋 na innowacyjnych rozwi膮zaniach technologicznych, takich jak aplikacje mobilne, sztuczna inteligencja czy e-commerce.
  6. 馃寪 Portale internetowe – Platformy online oferuj膮ce r贸偶norodne tre艣ci, us艂ugi lub produkty, dost臋pne dla u偶ytkownik贸w za po艣rednictwem internetu.

W jakich krajach Polacy zakladaja swoje firmy?

馃嚨馃嚤 Firma w Polsce

90% klient贸w decyduje si臋 zosta膰 w Polsce z uwagi na stosunkowo niskie podatki – 12% PIT oraz wysok膮 kwot臋 woln膮 od podatku (30,000z艂). Kwota ta ma zosta膰 podwy偶szona dwukrtonie, ale niewiadomo jeszcze kiedy. Wiele rodzaj贸w dzia艂alno艣ci mo偶e by膰 rozliczona rycza艂tem – przyk艂adem mo偶e by膰 najem opodatkowany stawk膮 8,5%.

Organ, kt贸ry rejestruje sp贸艂kiKrajowy Rejestr S膮dowy
Urz膮d SkarbowyUrz膮d Skarbowy
Czas rejestracji sp贸艂ki1 tydzie艅
Podatek dochodowy od sp贸艂ekod 9% CIT – dla niekt贸rych sp贸艂ek
Firma w Polsce


馃嚜馃嚜 Firma w Estonii

Estonia ma podatki wy偶sze ni偶 w Polsce , gdy偶 w por贸wnaniu z 9% CIT w Polsce tutaj musimy zap艂aci膰 20% taksy. Kraj ten oferuje odroczenie podatku dochodowego do momentu dystrybucji dywidend, co oznacza膰 ma: Je偶eli nie wyp艂acamy dywidendy , nie p艂acimy podatku. Czujemy si臋 tak, jakby艣my mieli stawk臋 0% i nie trzeba ponosi膰 偶adnych koszt贸w, aby ten podatek obni偶a膰. 艢wietne rozwi膮zanie dla start-up贸w, kt贸re przez kilka lat tylko inwestuj膮. Czy firma w Estonii to dobry wyb贸r?

Organ, kt贸ry rejestruje sp贸艂kiRIK
Urz膮d SkarbowyEMTA
Czas rejestracji sp贸艂ki2 godziny
Podatek dochodowy od sp贸艂ek0% – odroczenie podatku, 20% standardowa stawka
Firma w Estonii


馃嚞馃嚙 Firma w Anglii

Organ, kt贸ry rejestruje sp贸艂kiCompanies House
Urz膮d SkarbowyHMRC
Czas rejestracji sp贸艂ki2 godziny
Podatek dochodowy od sp贸艂ek25% od Marca 2024!
Firma w Wielkiej Brytanii – szczeg贸艂y

Firma w Anglii

Do niedawna jeszcze bardzo atrakcyjna lokalizacja dla os贸b, kt贸re do 2021 roku cieszy艂y si臋 kwot膮 woln膮 od podatku ponad 10,000 funt贸w. Rejestracja firmy to 2 godziny, a wszystko mo偶na zrobi膰 elektronicznie za pomoc膮 brytyjskiego Companies House. Niestety po 2021 roku Wielka Brytania nie jest ju偶 tak ch臋tnie wybierana przez Polak贸w a to za spraw膮 konieczno艣ci opodatkowania wynagrodzenia dyrektorskiego w kraju zamieszkania.

Rejestracja Firmy Zgranicznej to Tez Ryzyka Podatkowe i Prawne!

Ryzyko podatkoweDefinicja
馃挜 Ryzyko powstania zak艂adu podatkowego w PolsceRyzyko, 偶e prowadzenie dzia艂alno艣ci gospodarczej w Polsce mo偶e spowodowa膰 konieczno艣膰 uznania firmy zagranicznej za podatnika podatku dochodowego na gruncie polskiego prawa podatkowego.
鈿狅笍 Ryzyko rezydencji podatkowej sp贸艂ki (nie dotyczy um贸w o unikaniu z Estoni膮, Litw膮 i 艁otw膮)Ryzyko, 偶e sp贸艂ka zagraniczna mo偶e zosta膰 uznana za rezydenta podatkowego w Polsce na podstawie przepis贸w polskiego prawa podatkowego, co mo偶e prowadzi膰 do opodatkowania jej dochod贸w w Polsce.
鉂 Ryzyko CFCRyzyko, 偶e dochody uzyskane przez sp贸艂k臋 kontrolowan膮 przez podmiot zagraniczny mog膮 zosta膰 uznane za dochody podlegaj膮ce opodatkowaniu w Polsce na zasadach CFC (Controlled Foreign Company).
馃敂 Ryzyko podatku u 藕r贸d艂aRyzyko, 偶e dochody lub inne przychody osi膮gni臋te przez podmiot zagraniczny z tytu艂u dzia艂a艅 prowadzonych w Polsce mog膮 podlega膰 opodatkowaniu w Polsce na zasadach podatku u 藕r贸d艂a.
Tabela Ryzyk Podatkowych

Jak zarejestrowac firme w Estonii?

Forma rejestracjiSzczeg贸艂owa procedura
1. 馃嚜馃嚜 e-Residency CardSzczeg贸艂owa procedura: Aplikuj o kart臋 e-Rezydencji, odbierz j膮 w ambasadzie Estonii i zarejestruj firm臋 bez wychodzenia z domu.
2. 馃彚 Przyjed藕 do TallinnaSzczeg贸艂owa procedura: Um贸w si臋 u notariusza i za艂贸偶 tam swoj膮 firm臋.
3. 馃摑 Udziel pe艂nomocnictwaSzczeg贸艂owa procedura: Pozw贸l nam zarejestrowa膰 firm臋 w Twoim imieniu, dostarczaj膮c pe艂nomocnictwo notarialne w j臋zyku polskim.
4. 馃捈 Zakup gotow膮 sp贸艂k臋Szczeg贸艂owa procedura: Skorzystaj z gotowej sp贸艂ki, wymagane jest tak偶e pe艂nomocnictwo notarialne do zakupu udzia艂贸w w esto艅skiej sp贸艂ce.
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Register Trademark in Croatia

馃嚟馃嚪 Trademark Registration in Croatia – from 19,91鈧

The Name of Patent Office in Croatia is:聽 聽State Intellectual Property Office of the Republic of Croatia (SIPO)

Start Application Here:聽 https://www.dziv.hr/en/

SIPO - Intellectual Property Office in Croatia

Trademark Registration in Croatia 馃嚟馃嚪 is essential for protecting your brand. Don’t miss out on this important step to secure your intellectual property rights in Croatia聽+ Get a Voucher from SME FUND 2024 Grant. Let us help you navigate the process smoothly and efficiently.

Get started today with Eesti Consulting.

Details of Trademark Registration Croatia

Registration Time 3 months
Protection in Years 10 years
Language of Application Croatian
Nice Classification Yes

Fees for Trademark Registration in Croatia

Fee Description How Much It Costs?
Basic Fee 66,36

Extra Fees:

Trademark Registration in Croatia – Natural Person & Legal?

What is the best variant? Trademark Registration done by natural person or Legal Person?

Trademarks can be registered under the names of individuals who are not running a business, individuals engaged in business, partnerships, or corporate entities – in Croatia the most popular form of business is: d.o.o. (dru拧tvo s ograni膷enom odgovorno拧膰u) Additionally, a collective mark can be registered by multiple entrepreneurs.

It’s important to note that registering trademarks under the name of an individual provides greater flexibility in managing the associated rights.

If the applicant wishes to maintain the confidentiality of the rights holder during the trademark registration process, EUIPO allows for temporarily concealing the data of the entity holding rights.

It is crucial to update the information of the rights holder provided during the trademark registration process at the office. Failure to update may lead to issues, especially during the trademark renewal process

Registering a trademark in Croatia with Eesti Consulting

This exclusive opportunity is not limited to Croatia聽 companies; it extends to all SMEs registered in the EU.聽 Eesti Consulting provides support for trademark registration in Croatia and the EU, backed by a successful track record in various EU countries.聽 Moreover, we can apply for SME Fund 2024 on behalf of your company, offering financial assistance.

With our guidance, you’ll receive a 鈧1000 voucher for trademark registration.

馃彿锔 Haven’t received it? No payment required.

How to Get 1000鈧 as a voucher for Croatian Trademark?

馃挵聽Trademark Registration Fees in Croatia with SME FUND 2024

Let鈥檚 Compare trademark registration fees in Croatia paid to Patent Office when you have a1000鈧 voucher聽or when you haven鈥檛!

Country of Registration Registrar Fee (without grant/with grant)
馃嚜馃嚭EU Fee 鈧850 / 鈧212
馃嚟馃嚪 Croatian Fee 66,36 without grant / with grant 16,59

 

Register Trademark in Croatia NOW!

 

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Trademark registration in Austria

Trademark Registration in Austria

The Name of Patent Office in Austria is:聽 脰sterreichisches Patentamt Start Application Here:聽 https://www.patentamt.at/en/

Patent Office in Austria Vienna
Trademark Registration in Austria 馃嚘馃嚬 is essential for protecting your brand. Don’t miss out on this important step to secure your intellectual property rights in Austria + Get a Voucher from SME FUND 2024 Grant. Let us help you navigate the process smoothly and efficiently. Get started today with Eesti Consulting.

 

Details of Trademark Registration Austria

 

Registration Time 6 months
Protection in Years 10 years
Language of Application German
Nice Classification Yes

Fees for Trademark Registration in Austria

Fee Description How Much It Costs?
Basic Fee 322
Additional Fee

Extra Fees:

Trademark Registration in Austria – Natural Person & Legal?

What is the best variant? Trademark Registration done by natural person or Legal Person?

Trademarks can be registered under the names of individuals who are not running a business, individuals engaged in business, partnerships, or corporate entities – in Austria the most popular form of business is: GmbH (Gesellschaft mit beschr盲nkter Haftung)聽Additionally, a collective mark can be registered by multiple entrepreneurs.

It’s important to note that registering trademarks under the name of an individual provides greater flexibility in managing the associated rights.

If the applicant wishes to maintain the confidentiality of the rights holder during the trademark registration process, EUIPO allows for temporarily concealing the data of the entity holding rights.

It is crucial to update the information of the rights holder provided during the trademark registration process at the office. Failure to update may lead to issues, especially during the trademark renewal process

Registering a trademark in Austria with Eesti Consulting

This exclusive opportunity is not limited to Austria聽 companies; it extends to all SMEs registered in the EU.聽 Eesti Consulting provides support for trademark registration in Austria and the EU, backed by a successful track record in various EU countries.聽 Moreover, we can apply for SME Fund 2024 on behalf of your company, offering financial assistance.

With our guidance, you’ll receive a 鈧1000 voucher for trademark registration.

馃彿锔 Haven’t received it? No payment required.

How to Get 1000鈧 as a voucher for German Trademark?

 

馃挵聽Trademark Registration Fees in Austria with SME FUND 2024

Let鈥檚 Compare trademark registration fees in Austria paid to Patent Office when you have a1000鈧 voucher聽or when you haven鈥檛!

Country of Registration Registrar Fee (without grant/with grant)
馃嚜馃嚭EU Fee 鈧850 / 鈧212
馃嚨馃嚤 Austrian Fee 322 without grant / with grant 80,5

 

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Trademark in Poland

Trademark Registration in Poland 馃嚨馃嚤

The Name of Patent Office in Poland is:聽 聽Polski Urzad Patentowy

Trademark Registration Poland 馃嚨馃嚤 is essential for protecting your brand. Don’t miss out on this important step to secure your intellectual property rights in Poland + Get a Voucher from SME FUND 2024 Grant. Let us help you navigate the process smoothly and efficiently. Get started today with Eesti Consulting.

Details of Trademark Registration in Poland

Registration Time 6 months
Protection in Years 10 years
Language of Application Polish

Fees for Trademark Registration in Poland

Basic Fee: 450PLN

Additional Fees: 120PLN

Trademark Registration in Poland – Natural Person & Legal?

Trademark Registration in Poland

What is the best variant? Trademark Registration done by natural person or Legal Person?

Trademarks can be registered under the names of individuals who are not running a business, individuals engaged in business, partnerships, or corporate entities – in Poland the most popular form of business is: Sp. z o.o. (Sp贸艂ka z ograniczon膮 odpowiedzialno艣ci膮) Additionally, a collective mark can be registered by multiple entrepreneurs.

It’s important to note that registering trademarks under the name of an individual provides greater flexibility in managing the associated rights.

If the applicant wishes to maintain the confidentiality of the rights holder during the trademark registration process, EUIPO allows for temporarily concealing the data of the entity holding rights.

It is crucial to update the information of the rights holder provided during the trademark registration process at the office. Failure to update may lead to issues, especially during the trademark renewal process

Registering a trademark in poland with Eesti Consulting

This exclusive opportunity is not limited to Polish companies; it extends to all SMEs registered in the EU. Eesti Consulting provides support for trademark registration in Poland and the EU, backed by a successful track record in various EU countries.聽 Moreover, we can apply for SME Fund 2024 on behalf of your company, offering financial assistance.

With our guidance, you’ll receive a 鈧1000 voucher for trademark registration.

馃彿锔 Haven’t received it? No payment required.

How to Get 1000鈧 as a voucher for Polish Trademark?

馃挵聽Comparision Of Fees Without SME Fund Or With SME Fund Grant.

Let鈥檚 Compare trademark registration fees paid to Patent Office when you have a1000鈧 voucher聽or when you haven鈥檛!

Country of Registration Registrar Fee (without grant/with grant)
馃嚜馃嚭EU Fee 鈧850 / 鈧212
馃嚨馃嚤 Poland Fee 450PLN / 113PLN

 

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Corporation Tax in Estonia

Overview of Corporation Tax in Estonia [2024]

Corporation Tax Rate in Estonia

 

What is the Basic Rate of Corporation Tax in Estonia?

Corporation tax in Estonia is a tax imposed on the profits of companies. It is calculated based on the company’s annual taxable income. The current corporate tax rate in Estonia is 20%. In 2025 the corporate income tax will increase to 22%

The 20% corporate tax rate in Estonia is applied to the annual taxable income of companies. This tax is specifically levied on the profits generated by businesses operating in Estonia. The calculation of the corporation tax takes into consideration the company’s yearly taxable earnings.

 

Reduced Corporation Tax Rate

The Reduced Corporation Tax Rate in Estonia is applicable to certain companies that meet specific criteria. These companies qualify for a reduced tax rate of 14% on their taxable income, instead of the regular 20%. This is known as the 14/86 rule.

 

Example

 

Scenario Calculation Amount (鈧)
Estonian company pays a dividend of 12,000 鈧 to a shareholder
Taxes declared and paid by the Estonian company 12,000 x (20/80) 3,000
Regular dividends paid to the shareholder 12,000 x (14/86) 1,963.77
Additional personal income tax withheld (7%) 12,000 x 0.07 840

 

Is Estonia 0% tax country?

In Estonia, corporate income tax is incurred by companies solely upon the distribution of profits, whether in the form of dividends or other means. This includes fringe benefits, gifts, donations, expenses related to entertaining guests, and costs unrelated to business activities

 

Tax Residency of a Legal Person

If you create a company in Estonia under Estonian laws, it automatically becomes a tax resident in Estonia. So, if you register your O脺, your company is considered a tax resident in Estonia and needs to pay taxes there.

 

搂 6 (2) A legal person is a resident if it is established pursuant to Estonian law

Source: https://www.riigiteataja.ee/en/eli/509012020002/consolide , Income Tax in Estonia

BUT….

Some countries have different rules for deciding if a company is a tax resident. They might consider not only where it’s registered but also where it’s effectively managed. If you run your company in a country with such rules, it could end up being seen as a tax resident in two places. This means that two states may want to tax the profits of your company.

 

What Acts Decide About Tax Residency?

 

Source of Law Legislation Country/Agreement
Local Law – Income Tax, paragraph 6 Estonian country Estonia
International Bilateral Agreement about Avoiding Tax Relevant Bilateral Tax Agreement Bilateral Agreements (e.g., Estonia and another country)

 

Certificate of Tax Residency

The Estonian Tax and Customs Board (EMTA) issues a Tax Residency Certificate in Estonia to validate a company’s tax residency according to Estonian laws. This official document confirms the company’s tax residency status, although it’s important to consider international tax regulations that may impact your residency status.

 

Certyfikat Rezydencji w Estonii- wzor

 

 

What Expenses You Can Deduct?

If you have an Estonian company, you can deduct business expenses related to your business. This allows you to optimize your tax liabilities and ensure compliance with Estonian laws. Remember to consult international tax regulations to understand how your tax residency status may be affected.

 

 

Category Examples
Acquiring Fixed Assets Land, buildings, machinery, patents
Renovation and Supplementation Upgrading existing assets
Non-Fixed Assets Miscellaneous property
Goods Acquisition Materials, raw materials, fuel, energy
Services Acquisition Facility rental charges, professional services
Employee Compensation Wages, salaries, remuneration
Social Tax and Unemployment Insurance Social tax on employee payments
Fringe Benefits Provided benefits after taxes
Social Tax for Spouse Social tax for spouse involved in the business

 

 

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Share Transfer

Share Transfer in Estonia: A Comprehensive Guide

Buy Company in Estonia vs Sell Company in Estonia聽

Buy Company in Estonia = Purchase 100% Shares in Estonian Company ,聽聽

Sell Company in Estonia = Sell 100% Shares in Estonian Company

If you need to make a share transfer in Estonian Company聽or prepare necessary documents, Eesti Consulting is here to assist you. We Help You in Everything, including changing the company’s name, owner, Management Board, address, phone number, and email after a successful transfer.

Do you want Buy Company in Estonia? – We Help!

Do you want Sell Company in Estonia?- We Help

Do you want hire us only to draft Power of Attorney or Advice Which Notary Is Suitable? – We Help

Do you want us to provide a tax consulting? – We Help

3 SOLUTIONS for Buying or Selling Company Detailed informations
Transfer through Notary Visit 馃捈 Transfer of company ownership via a notary visit where all company participants are present. One member sells their assets to another.
Corporate Stock Transfer with Power of Attorney 馃摐 Transfer of Estonian company’s corporate stocks through a power of attorney. All parties involved must be introduced to a notary, with the option of proxy introduction for one or all members.
Remote Transfer via notar.ee 馃寪 Remote transfer of an Estonian company through notar.ee. All members must possess an e-Resident card for the transaction.
Alternatives of Share Transfer – Notary Visit, Power of Attorney or Remote Transfer

Share Transfer by Visit All COMPANY Members in Tallinn

If you want to transfer an Estonian company quickly, one option is to re-register it by personally visiting the relevant authorities. This process can be completed in just one day, but it’s important to gather all the necessary information about the company and its owners beforehand.

Before visiting Estonia in person, please send the following information:

    1. Expected date of visit
    2. The Name of a company established in Estonia
    3. Full Data of the Owners/Beneficiaries of the company, including passport photo, email, phone number, residence address, marital status
    4. Data of the Board Members, including passport photo, email, phone number, residence address, marital status
    5. Information about the financial activities of the company , including bank statement in CSV or PDF
    6. Annual report for the previous year

馃嚜馃嚜 Free Consultation – Eesti Consulting

Stages of a company transfer by visit

To transfer shares in Estonia, the first step is to gather all the necessary information from the client. Once that is done, an appointment will be scheduled with a notary for a meeting. The next step involves preparing all the required documents for the share transfer. On the appointed day, the client will need to visit the office of Eesti Consulting. Finally, both the client and the consultant will go together to meet with a notary to sign the prepared petition.

Before booking an appointment with a notary, Eesti Consulting will prepare the documents for a transfer of an Estonian company. Therefore, it is so important to send us the information about a company by email at least 10 days before your planned visit to Estonia.

After receiving the necessary information, we will book a time with a notary and draw up a petition to re-register an Estonian company. On the appointed day of your arrival, we will meet at the office of Eesti Consulting. In 2-5 days after visiting the notary, you will no longer be associated with a transferred company.


Transfer of Shares by Power of Attorney – Remotely!

To initiate the re-registration of an Estonian company through a power of attorney, it is crucial to meet all collaboration requirements and submit the required payment to Eesti Consulting before commencing the process.

 

馃嚜馃嚜 Free Consultation – Eesti Consulting

After completing the payment for the services provided by Eesti Consulting, it becomes obligatory to furnish passport photos of all company representatives and furnish details regarding the company being transferred. Upon receipt of the requested information, our legal team will furnish you with English power of attorney examples, which must be notarized in your country.


Transfer of Shares STEP by STEP


    1. Eesti Consulting will send an example of power of attorney in English based on the documents and information received from the client.

    2. Based on the legislation of your country, it is necessary to prepare a sworn translation of the power of attorney into the state language.

    3. After sworn translations of all powers of attorney into the state language, it will be necessary to certify all powers of attorney at a notary and apostille them (if necessary).

    4. After the powers of attorney have been drawn up, they will need to be translated into English by a sworn translator.

    5. After certification and translation of all powers of attorney, they will need to be sent by courier.


Different certification options for prepared powers of attorney in Estonia.

In Estonia, a local notary will certify the powers of attorney examples that we have prepared in English. However, if you are transferring shares in other countries like 馃嚦馃嚧 Norway, 馃嚫馃嚜 Sweden, 馃嚦馃嚤 Netherlands, 馃嚙馃嚜 Belgium, 馃嚝馃嚪 France, and 馃嚛馃嚜 Germany, you’re in luck! These countries accept documents in English. On the other hand, if you’re dealing with countries like 馃嚝馃嚠 Finland, 馃嚤馃嚮 Latvia, 馃嚤馃嚬 Lithuania, 馃嚨馃嚤 Poland, 馃嚭馃嚘 Ukraine, 馃嚞馃嚪 Greece, 馃嚪馃嚭 Russia, and more, you’ll need to translate the powers of attorney into the official language of that country and have it certified by a notary.


馃嚜馃嚜 Free Consultation – Eesti Consulting

Apostille

When certifying documents, it is important to consider the format of the power of attorney and whether it requires additional apostille in your country. Certifying a document, according to the Hague Convention Abolishing the Requirement of Legalisation for Foreign Public Documents, is known as apostille. This international certificate is similar to notarization in domestic law. If two countries have an agreement, an apostille is enough to verify the document’s validity, eliminating the need for dual certification by the sending and receiving countries.

List of countries that do not require apostille when certifying documents by a notary:


    • Lithuania 馃嚤馃嚬

    • Latvia 馃嚤馃嚮

    • Russia 馃嚪馃嚭

    • Ukraine 馃嚭馃嚘

    • Poland 馃嚨馃嚤

If the powers of attorney are certified in your country’s official language, they need to be translated into English by a sworn translator. Once the powers of attorney are notarized and, if necessary, apostilled, they should be officially translated into English by a sworn translator and sent via email. The company transfer process usually takes approximately two weeks. After this time, your association with the company will come to an end.


Change of Transfer in Estonian Company – Fully Remote Way

To transfer a company in Estonia remotely, all members are required to have an e-Resident card. It is important to discuss the transfer conditions in advance and provide the necessary details to Eesti Consulting lawyer. They will help you book a suitable time on notar.ee. To verify their identity, all members need to use Veriff.com and take a photo of themselves along with their ID using a web camera.

After all parties have verified their ID, a company sale transaction takes place 鈥 company representatives connect with a notary by a video link. Participants familiarise themselves with prepared by notary documents and sign them digitally.

Following to signing of the document by all parties, a notary signs the papers and completes the process of remote identification, and thereby the form becomes available to participants via a self-service portal.

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SME FUND 2024 starts on 22.01.2024

FOR IMMEDIATE RELEASE,聽 04.01.2024 – Tallinn, Estonia

SME Fund 2024 starts on 22.01.2024

1000鈧 Voucher for 馃嚜馃嚭 EU for Trademark Registration Fees

Coming your way on January 22, 2024, SME Fund 2024 is a cool initiative from the European Intellectual Property Office (EUIPO). They’re here to help small and medium-sized businesses (SMEs) with funds and resources so you can rock the business scene, boost the economy, and reach your goals. Go, SMEs! 馃殌

Period for SME Fund Applications:聽 22.01.2024 – 06.12.2024

The Main Benefit of SME Fund Program

Benefit Details
Fee Reduction for Trademark Registration Reduce fee by 75% for Trademark Registration, e.g., Basic Fee in EU Trademark (850 EUR) becomes 212 EUR after deduction. 馃毄 馃嚜馃嚭

 

Benefits of Trademark Registration
Source: EUIPO, Intelectual Property Office – Alicante

Comparision: SME Fund in 2022 vs 2023

Metrics 2022 2023 Change
Total Applications 22,479 34,800 +12,321 (+54.9%)
IP Scan Requests 505 581 +76 (+15%)
Stakeholder Satisfaction Rate (%) 93.5 95 +1.5 (+1.6%)
SMEs Financially Supported 15,929 21,150 +5,221 (+32.8%)
The Comparision of SME Fund Program in 2022 vs 2023

SME Fund 2023 in Numbers

Model of grant decision

Contact Information

 

PAWEL KROK – Board Member – contact@eesticonsulting.ee

EESTI CONSULTING O脺 is a member of the Estonian Chamber of Commerce & Industry 馃彟 and e-Residency 馃寪 Marketplace.

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Starting business in Poland

Starting a business in Poland as a foreigner in 2024 馃嚨馃嚤

Register a business in Poland:聽 Worth Attention?

Thinking of Starting a Business in Poland as a Foreigner? Check out our Guide on Taxes, Pros, and Cons of Having a Polish Company.

 

Starting business in Poland

Why start a business in Poland? 馃嚨馃嚤 It’s in the middle of Europe and growing fast! Poland is stable, part of the EU, OECD, and G20.

In the Doing Business 2020 report, Poland ranked 40th, showing it’s good for business. The Global Competitiveness Report 2019 put Poland at 37th.

Poland’s whole country is like an economic zone 馃彮, giving tax breaks for businesses. The Innovation Box gives a low 5% tax rate for selling ideas 馃挕.

Poland’s economy is booming 馃搱, even more than other European countries. With its central location and global memberships, Poland is a great place to start a business. Consider the opportunities for your business journey!

The best cities in Poland for Company Location?

Whether you’re a digital nomad or not, here’s a list of the best and biggest cities in Poland where foreigners have set up businesses. Which city do you want to choose?

City Population (2022) Area (km虏)
Warsaw 1.8 million 517
Krakow 769,335 327
Lodz 685,285 293
Wroclaw 641,607 292
Poznan 551,627 261
Gdansk 472,997 262
Szczecin 403,426 301

What Taxes Pay Company in Poland?

Are You Thinkink About Starting a Business in Poland as Foreigner? STOP!聽 Read about Taxes First!

Corporation Tax in Poland

Corporation tax is a type of tax that businesses pay on their profits. It’s a way for the government to collect money from companies based on the income they earn

Taxation Form Tax Rate Eligibility Criteria
Corporate Income Tax (CIT) 9% or 19% 9% Rate: Applicable for small taxpayers. If the taxpayer’s gross sales revenue does not exceed 鈧2,000,000, or this limit is not surpassed in the current tax year, a 9% rate is applicable for active business activities. 19% Rate: Applied once the 鈧2,000,000 limit is exceeded. Gross turnover includes VAT on goods and services. The reduced 9% rate is applicable only to revenues (income) other than capital gains, and certain restrictions apply to entities formed as a result of specific restructuring activities.

VAT Rates in Poland for Business!

PRO tip: Keep an eye on your sales. If you’re getting close to PLN 200,000, plan for VAT so you’re ready when it’s time to pay. 馃搳馃挵

VAT Rates Percentage Rate Application Area
Standard (23%) 23% – General VAT rate applied to most goods and services.
Reduced (8%) 8% – Applicable to, among other things, construction covered by a social housing program, services related to culture, sports, and recreation.
Reduced (5%) 5% – Covers, for instance, basic food products (e.g., bread, dairy), baby products, books, and e-books.
Preferential (0%) 0% – Preferential rate applied, for example, to intra-Community supplies of goods and exports of goods.

馃嚜馃嚜 Free Consultation – Eesti Consulting

Eligibility and Requirements for Foreigners Setting Up a Company in Poland

To set up a company in Poland as a foreigner, there are certain eligibility criteria and requirements that need to be met. Let’s take a closer look at what these are:

Eligibility Criteria for Foreigners

Foreign entrepreneurs who wish to establish a company in Poland must fulfill specific criteria related to residency, nationality, or legal status. The following points outline the key eligibility requirements:

Residence Permit: Foreigners must have a valid residence permit or temporary residence permit in Poland. This permit allows them to legally reside and work in the country. 馃嚨馃嚤馃摐

Citizenship: While Polish citizenship is not mandatory, foreigners can still establish a company if they meet the necessary residency requirements. 馃實馃

EU National Bonus: EU nationals enjoy a special advantage as they may register a Sp. z o.o. (limited liability company) in Poland, simplifying the process for those from European Union member states. 馃嚜馃嚭馃捈

Moreover, the process of company formation offers flexibility:

Additionally, you can open a bank account for your company with a choice of top banks in Poland. 馃彟馃挸

Necessary Documents and Permits

When registering a company in Poland, it is essential to provide the required documents and permits during the application process. These may include:

Documents Description
Identification Documents Valid passport or national identification card for identity verification (KYC/AML documents).
Proof of Residence Utility bills or rental agreements as proof of residence.
Business Plan Well-prepared business plan detailing business nature, market analysis, financial projections, and marketing strategies.
Permits and Licenses Depending on the industry or sector, additional permits or licenses may be required before starting business activities.

Advantages of Starting Company in Poland

Features Description
Separate Legal Personality LLC has a separate legal personality, allowing it to act independently. 馃寪馃彚
Limited Liability for Shareholders Shareholders’ liability is limited to their contributions. They’re not personally responsible for debts. 馃捈馃挵
Flexibility in Number of Shareholders LLC can be established by one or more individuals, even as a single-member LLC. 馃懃
Commercial Activity as a Single-Member LLC allows for commercial activities as a single-member entity. 馃尡馃懆鈥嶐煉
Legal Capacity for Business Transactions LLC has legal capacity for business transactions independently. 馃摐馃
Protection of Shareholders’ Investments Shareholders’ investments are protected, and they’re not personally liable. 馃洝锔忦煉
Ability to Operate as a Single-Member Company LLC can function as a single-member company, offering flexibility. 馃懁
Freedom to Hire Any Number of Employees LLC has the freedom to employ any number of workers for scalability. 馃捈馃懃
Immediate Commencement of Business Activities LLC can start activities immediately upon signing the company agreement. 馃搮馃彚
Relatively Low Initial Capital Initial capital is relatively low at 5000 z艂 and can be adjusted as needed. 馃挵馃搲
Flexible Capital Adjustment Capital can be easily increased or decreased, remaining above the statutory minimum. 馃攧
Streamlined Online Company Formation Efficient online registration process with automatic tax identification assignment. 馃寪馃捇
Efficient Registration Procedure Quick registration procedure, especially with online methods, saving time and effort. 馃殌鈴憋笍

 

Disadvantages of Having Company in Poland

Challenges and Considerations Description
Lengthy Liquidation Procedure Liquidating a Sp贸艂ka z o.o. involves extensive documentation and time-consuming procedures. 鈴仇煆煉
Notarial Deed Costs Drafting the company agreement as a notarial deed incurs additional costs and can be time-consuming. 馃挵馃搫馃捈
Double Taxation Sp贸艂ka z o.o. may face double taxation, with corporate income tax (CIT) and additional income tax (PIT) on profits. 馃挵馃搳
Full Accounting Obligation Obligation to maintain a full accounting system can lead to complexity and additional costs for accounting services. 馃摎馃捇馃捀
Annual Financial Reporting Mandatory annual financial reporting can be a burden for companies, with failure to submit reports resulting in fines. 馃搮馃挵
Management Board Liability Management board members may face liability for the company’s obligations, potentially involving personal assets. 鈿栵笍馃捀

 

Tax Incentives, Grants, and Subsidies

One of the major advantages of starting a company in Poland is the availability of tax incentives, grants, and subsidies. The Polish government offers various programs aimed at supporting foreign-owned companies. For example, businesses operating within special economic zones can benefit from reduced corporate income tax rates or even be exempt from paying it altogether for specified periods. 馃寪馃嚨馃嚤

There are grants and subsidies available for specific sectors such as technology, research and development (R&D), innovation, energy efficiency, and more. These financial incentives provide valuable support to companies looking to establish themselves in Poland. 馃捈馃挵

Moreover, if you set up a Polish company, you can apply for the SME FUND 2023 grant, which offers additional financial assistance and opportunities for growth. 馃殌馃挕

Additionally, the EU provides a system that protects your trademark in all member states through EU trademark registration managed by the EUIPO. Instead of registering in each country separately, you can register once with the EUIPO and have exclusive rights in all EU countries. This not only streamlines the process but also provides a strong legal foundation for your brand. 馃洝锔忦煂

And here’s an exciting opportunity: with the SME FUND 2023 grant, you can imagine significant savings on EU trademark registration costs. Instead of the standard 850鈧, you pay only 212鈧! To seize this opportunity, fill in the form and discover the secret. Remember, it’s first come, first served! 馃専馃攼

Access to EU Markets

As a member of the European Union (EU), establishing a company in Poland provides access to the vast EU market. This membership allows businesses based in Poland to trade freely within the EU’s single market without facing trade barriers or tariffs. It opens up doors to 27 other countries with over 450 million potential customers.

Being part of the EU also means that companies established in Poland can benefit from various EU programs designed to support business growth such as Horizon Europe (the EU’s research and innovation program) or COSME (the EU program for small and medium-sized enterprises).

Sectors with Growth Potential

Poland offers opportunities for businesses across various sectors. Some industries, in particular, have shown significant growth potential in recent years. The technology sector, for example, has been thriving with a growing number of startups and tech companies emerging in cities like Warsaw, Krakow, and Wroclaw.

Manufacturing is another sector that holds promise in Poland. The country has a strong industrial base and is known for its skilled workforce and competitive production costs. The services industry, including finance, IT outsourcing, shared services centers, and e-commerce, continues to flourish.

Networking and Collaboration Opportunities

Establishing a company in Poland also provides ample networking and collaboration opportunities within the local business community. Poland has a vibrant entrepreneurial ecosystem with numerous industry events, conferences, and networking platforms where entrepreneurs can connect with like-minded individuals.

Moreover, there are various chambers of commerce and business associations that facilitate networking among businesses both domestically and internationally. These platforms offer valuable resources for establishing partnerships or finding new clients or suppliers.

Procedures and Costs of Registering a Company in Poland

Step-by-step Explanation of the Company Registration Process for Foreigners in Poland

Registering a company in Poland as a foreigner may seem like a daunting task, but with the right information, it can be a smooth process. Here is a step-by-step breakdown of the procedures involved:

      1. Choose your company structure: The first step is to decide on the type of company you want to register. In Poland, common options include limited liability companies (Sp贸艂ka z ograniczon膮 odpowiedzialno艣ci膮 or Sp. z o.o.) and joint-stock companies (Sp贸艂ka akcyjna or S.A.). Each has its own requirements and implications.


      1. Prepare necessary documentation: To register your company, you will need certain documents, such as articles of association, which outline the purpose and structure of your business. You will also need identification documents for all shareholders and directors involved.


      1. Open a bank account: Before registering your company, you must open a bank account in Poland. This is where you will deposit the required share capital for your chosen company structure.


      1. Notarize documents: Some documents may need to be notarized by a Polish notary public. This includes the articles of association and any other legal agreements related to your business.


      1. Submit registration application: Once all necessary documentation is prepared, you can submit your registration application to the relevant registry court in Poland. The court will review your application and verify that all requirements are met.


      1. Receive KRS number: If your registration application is approved, you will receive a KRS number from the registry court. This unique identification number confirms that your company is officially registered.


    1. Register for tax purposes: After receiving your KRS number, you must register for tax purposes with the appropriate tax office in Poland.

Overview of Required Documentation

When registering a company in Poland, you will need to provide specific documentation. Here is an overview of the required documents:

      • Articles of association: These documents outline the purpose and structure of your company.


      • Identification documents: You will need identification documents for all shareholders and directors involved in the company.


    • Bank confirmation: A confirmation from the bank stating that you have deposited the required share capital in your business bank account.

It’s important to ensure that all documentation is accurate and complete to avoid any delays or complications during the registration process.

Government Fees and Additional Costs

Registering a company in Poland incurs certain government fees. The exact amount depends on various factors, such as the type of company being registered and its share capital. It is advisable to check with the registry court or seek professional advice to determine the specific fees applicable to your situation.

In addition to government fees, there may be additional costs associated with registering a company in Poland. These can include legal assistance fees, translation services for non-Polish documents, notary fees for document authentication, and any other professional services required during the registration process. It’s essential to consider these potential costs when budgeting for your company registration.

Estimated Timeframe for Company Registration

The time it takes to complete the registration process can vary depending on several factors, including the workload of the registry court and whether all documentation is correctly prepared. On average, it can take between two weeks to three months from submitting your application until you receive your KRS number. It’s important to plan accordingly and allow sufficient time for any potential delays or additional requirements that may arise during this period.

Registering a company in Poland as a foreigner involves several procedures and considerations. By understanding each step involved, preparing necessary documentation accurately, accounting for government fees and additional costs, and allowing ample time for completion, you can navigate through this process smoothly. Seeking professional guidance from lawyers or business consultants experienced in company registration can also provide valuable assistance and ensure compliance with all legal requirements.

Setting Up a Limited Liability Company in Poland: Requirements and Eligibility

In Poland, establishing a Limited Liability Company (LLC) can offer numerous benefits for foreigners looking to start their own business. Let’s delve into the requirements and eligibility criteria associated with setting up an LLC in Poland.

Benefits of Establishing an LLC in Poland

Creating an LLC in Poland provides several advantages that make it an attractive option for foreigners. Some of the key benefits include:

      1. Limited Liability: As the name suggests, an LLC offers limited liability protection to its shareholders. This means that their personal assets are safeguarded in case the company faces financial difficulties or legal issues.


      1. Flexible Management Structure: An LLC allows for flexibility in terms of management structure. It requires at least one shareholder and one director to form the company, allowing individuals to have full control over their business operations.


      1. Tax Exemptions: LLCs are eligible for certain tax exemptions and incentives provided by the Polish government. These exemptions can help reduce the overall tax burden on businesses, making it more financially viable.


    1. Separate Legal Entity: An LLC is considered a separate legal entity from its owners, which means that it can enter into contracts, own property, and engage in various business activities on its own behalf.

Minimum Capital Requirements

When establishing an LLC as a foreigner in Poland, there are minimum capital requirements that need to be met. The current minimum share capital required is 5,000 PLN (Polish Zloty), which is approximately $1,300 USD.

Foreigners must ensure they have sufficient funds available to meet this requirement before proceeding with the registration process. It’s important to note that this capital should be deposited into a dedicated bank account during the registration process.

Shareholders and Directors

To form an LLC in Poland, at least one shareholder and one director are required. The shareholder(s) can be individuals or legal entities, and they are the owners of the company. The director(s), on the other hand, are responsible for managing the day-to-day operations of the business.

It’s worth mentioning that shareholders and directors can be the same individuals, allowing for a streamlined decision-making process. There are no restrictions on foreign nationals serving as shareholders or directors in a Polish LLC.

Poland Limited Liability Company (Sp. z o.o.) – characteristic

In conclusion, establishing a limited liability company in Poland as a foreigner offers numerous benefits and opportunities. The eligibility requirements are relatively straightforward, and the procedures for registering a company are well-defined. By setting up a company in Poland, you can take advantage of its favorable business environment, strategic location within Europe, and growing economy.

Now is the time to explore the possibilities that Poland has to offer for foreigners looking to start their own business. With its supportive infrastructure, skilled workforce, and competitive costs, Poland provides an ideal platform for entrepreneurial success. Whether you’re interested in manufacturing, IT services, or any other industry, Poland welcomes you with open arms.

What is your choice? Poland or maybe Estonia with 0% Corporation Tax?

馃嚜馃嚜 Free Consultation – Eesti Consulting

Eesti Consulting will help you estabilish a company in Estonia with e-Residency Card or by Power of Attorney.

Quick Launch鈥 Set up a business in Estoniain 3 daysin 1 day 鈥 Fill in the form here or chat online to know more about company registration in Estonia

馃挵聽Get a Bank Account 鈥Receive corporate documents from Eesti andOpen bank account in Estonia100鈧犅0鈧

鈿栵笍聽Get a free advice鈥 Ask for a taxation or law issues when you form a company in Estonia 鈥0鈧

馃搫 Free Tax Residency Certificate聽鈥聽Get It for free聽insted of paying 100鈧

馃 Get up to 1000鈥 for start-up聽鈥 Eesti will show you how to Get a grant from the EU for聽trademark registration in Estonia or EU聽(reduce state fee by 625鈧 鈥撀read more on e-Residency Blog)

 

 

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Company in Lithuania for foreigners – Quick Start!

Picture this: you’re an ambitious entrepreneur with a burning desire to start your own company. You’re looking for the perfect location, a place that offers stability, growth potential, and access to top talent. Look no further than Lithuania. This small Baltic country is not only known for its rich history and picturesque landscapes but also for its thriving business environment.

Lithuania boasts a stable economy with strong growth potential, making it an attractive destination for businesses of all industries. Situated in the heart of Europe, it serves as a strategic gateway to both Eastern and Western markets. What’s more, the country is home to a highly skilled and educated workforce, ready to contribute their expertise to new companies and projects.

With supportive government policies for foreign investment and a thriving startup ecosystem, Lithuania offers numerous opportunities for entrepreneurs like you. Whether you’re in the tech industry or exploring other sectors such as forest land or legal entities formation, this dynamic country has something to offer. So buckle up and get ready to embark on an exciting journey of business success in Lithuania.

Fast registration process for companies in Lithuania

In Lithuania, registering a company is a breeze thanks to the simple and efficient online registration system. The process is designed to be user-friendly, allowing entrepreneurs to establish their businesses quickly and with ease. Let’s take a closer look at why the registration process in Lithuania is so fast and hassle-free.

Register a company in Estonia instaed of Lithuania.

Why Estonia?

馃殌 Quick Launch 鈥 Set up a business in Estonia in 3 days in 1 day 鈥 Fill in the form here or chat online to know more about company registration in Estonia

馃挵 Get a Bank Account 鈥 Receive corporate documents from Eesti and Open bank account in Estonia  100鈧  0鈧 

鈿栵笍 Get a free advice 鈥 Ask for a taxation or law issues when you form a company in Estonia 鈥 0鈧

馃搫 Free Tax Residency Certificate 鈥 Get It for free insted of paying 100鈧 

馃 Get up to 1000鈥 for start-up 鈥 Eesti will show you how to Get a grant from the EU for trademark registration in Estonia or EU (reduce state fee by 625鈧 鈥 read more on e-Residency Blog)

Simple and Efficient Online Registration System

Lithuania has embraced digitalization, making it possible for entrepreneurs to register their companies online. This streamlined process eliminates the need for lengthy paperwork and physical visits to government offices. Instead, aspiring business owners can complete the entire registration process from the comfort of their own homes or offices.

The online registration system provides clear instructions and guidance every step of the way, ensuring that applicants understand what information is required and how to provide it. By simplifying the process, Lithuania encourages more people to start their own businesses, boosting economic growth and innovation.

Company Formation Completed Within a Few Days

One of the standout features of registering a company in Lithuania is how quickly it can be done. Unlike some countries where bureaucratic procedures can cause delays that last weeks or even months, Lithuania aims for efficiency.

With all necessary documents prepared and submitted correctly through the online platform, company formation can typically be completed within just a few days. This rapid turnaround time allows entrepreneurs to hit the ground running sooner rather than later.

How to Register a Company in Lithuania?

Ways of Company Registration in Lithuania

Methods

馃摐 By Power of Attorney (notarized and/or apostilled):

Appoint a representative through a notarized and/or apostilled Power of Attorney.

馃毝鈥嶁檪锔 By Personal Visit:

Register a company in Lithuania by physically visiting the relevant authorities.

馃摫 By e-Residency Card:

Utilize the e-Residency card for online company registration, especially for remote entrepreneurs.

Minimal Bureaucratic Procedures and Paperwork Required

Lithuania takes pride in its minimalistic approach. The government has worked hard to streamline these processes, reducing unnecessary red tape that often hinders business development.

By minimizing bureaucracy, Lithuania fosters an environment conducive to entrepreneurship. Entrepreneurs can focus on building their businesses instead of getting bogged down by excessive paperwork or complicated administrative procedures.

No Minimum Capital Requirement for Most Types of Businesses

Another advantage of starting a company in Lithuania is that there is no minimum capital requirement for most types of businesses. This means that entrepreneurs can establish their companies without the need for substantial initial investments.

By eliminating this financial barrier, Lithuania encourages innovation and allows startups to flourish. Entrepreneurs can allocate their resources more efficiently, investing in areas that truly matter for business growth.

Foreigners Can Easily Establish a Company Without Residency Restrictions

Lithuania welcomes foreign entrepreneurs with open arms, allowing them to easily establish companies without any residency restrictions. This inclusive approach attracts international talent and expertise, fostering a diverse and vibrant business ecosystem.

Foreigners interested in starting a company in Lithuania only need to provide the necessary documentation and follow the same registration process as local entrepreneurs. This openness promotes cross-cultural collaboration and facilitates global business expansion.

Benefits of establishing a company in Lithuania

馃寪 Competitive Corporate Tax Rate of 15%

Lithuania offers a competitive corporate tax rate of 15%, making it an attractive destination for businesses looking to establish their presence. This low tax rate allows companies to retain more of their profits and reinvest them into further growth and development. With lower taxes, businesses can allocate more resources towards expanding their operations, hiring skilled employees, or investing in innovative technologies.

馃寪 Double Taxation Avoidance Treaties with Over 50 Countries

One significant advantage of establishing a company in Lithuania is the existence of double taxation avoidance treaties with over 50 countries. These treaties aim to prevent businesses from being taxed twice on the same income when operating internationally. By eliminating or reducing the burden of double taxation, these agreements provide greater certainty and financial benefits for companies engaged in cross-border activities.

馃寪 EU Membership Provides Access to the Single Market

As a member state of the European Union (EU), Lithuania offers access to the vast single market consisting of over 450 million consumers. This provides businesses with opportunities for expansion and increased market reach without facing trade barriers or tariffs within the EU. Companies can benefit from free movement of goods, services, capital, and labor across member states, facilitating seamless business operations and enhancing competitiveness.

馃寪 Strong Intellectual Property Protection Laws

Lithuania boasts robust intellectual property protection laws that safeguard innovations and creations against unauthorized use or infringement. These laws provide essential legal frameworks for businesses operating in various sectors such as technology, research, design, and creative industries. By ensuring adequate protection for intellectual property rights, Lithuania fosters an environment conducive to innovation and encourages foreign investments by providing confidence in the security of intellectual assets.

馃挵 Register a Company Lithuania a 1000EUR voucher for a trademark

Maximize your business advantage by registering a Lithuanian company 鈥 not only can you establish a strong business presence, but you can also protect your brand effortlessly. With the option to register a trademark in all EU member states through the EU trademark registration system managed by EUIPO, you gain exclusive rights across the European Union. Moreover, take advantage of a unique opportunity: register your Lithuanian company and apply for a grant that slashes the state fee for EU Trademark Registration by 75%, making it an affordable 212 EUR instead of the regular 850 EUR. Act now to secure this incredible offer 鈥 it’s a strategic investment in safeguarding your brand with substantial cost savings

Register trademark in EU with and Get the amount of 1000EUR with Eesti Consulting assistance.


Regular State Fee (EUR)
State Fee with Grant (EUR)
馃嚜馃嚭 EU Trademark 馃挾 850 馃挵 212
馃嚤馃嚬 Lithuanian Trademark 馃挾 180 馃挵 45
Your savings if you decide to apply for a SME Fund 2023 Grant with Eesti Consulting Assistance

The benefits of SME Fund 2023 Grant application in the event if you file the application for a Trademark in the Europan Union or in Lithuania.

Well-Developed Infrastructure and Modern Business Facilities

Lithuania prides itself on its well-developed infrastructure and modern business facilities that cater to the needs of diverse industries. The country has invested significantly in transportation networks, including an extensive road and rail system, efficient ports, and well-connected airports. This infrastructure facilitates the smooth movement of goods and services both domestically and internationally. Moreover, Lithuania offers state-of-the-art business parks, office spaces, and technology hubs equipped with advanced amenities to support companies in their day-to-day operations.

Taxes in Lithuania

Lithuania offers a favorable tax environment for companies looking to establish their presence in the country. Let’s take a closer look at the various taxes applicable in Lithuania and how they can impact your business.

Corporate Income Tax Rate: 15%

One of the key advantages of setting up a company in Lithuania is the relatively low corporate income tax rate. At just 15%, it provides businesses with a competitive edge compared to many other European countries. This fixed rate ensures that your company can retain a larger portion of its profits, allowing for potential reinvestment or expansion.

馃 Exemption on Dividends Received from Subsidiaries

Another attractive aspect of the Lithuanian tax system is the exemption on dividends received from subsidiaries. This means that if your company has subsidiaries or invests in other companies, any dividends received from those entities are exempt from taxation. This can significantly enhance your overall revenue and provide greater flexibility for managing your financial resources.

馃捀 Value Added Tax (VAT) Rates

When conducting business in Lithuania, it’s essential to understand the value-added tax (VAT) rates that apply to goods and services. The standard VAT rate is set at 21%. However, reduced rates ranging from 5% to 9% are applicable to specific goods and services such as food products, books, medications, and more. Understanding these different rates is crucial for accurate pricing and financial planning within your business operations.

馃捈 Personal Income Tax Rates: 20% – 27%

For individuals employed by companies operating in Lithuania or earning income through self-employment, personal income tax applies based on progressive rates. The personal income tax rates range from 20% to 27%, depending on the level of annual income earned. It’s important for both employers and employees to be aware of these rates when negotiating salaries or planning personal finances.

馃彚 Capital Gains Tax: Flat Rate of 15%

If your business involves the sale of assets or investments, it’s essential to consider the capital gains tax in Lithuania. Capital gains tax applies at a flat rate of 15%. This means that when you sell an asset or make a profit from an investment, 15% of that gain will be subject to taxation. It’s crucial to factor this into your financial calculations and ensure compliance with relevant tax regulations.

Understanding the tax landscape in Lithuania is vital for businesses looking to establish themselves in the country. By taking advantage of the relatively low corporate income tax rate, exemption on dividends received from subsidiaries, and understanding VAT rates and personal income tax rates, you can optimize your financial performance and maximize revenue potential.

Ready Made Companies in Lithuania

If you’re looking to start a business in Lithuania but don’t want to go through the hassle of setting up a company from scratch, ready made EU companies with VAT can be an excellent option. These pre-established companies are available for immediate purchase, allowing you to bypass the lengthy registration process and get your business up and running quickly.

Saves time by bypassing the registration process

One of the significant advantages of purchasing a ready-made company is that it saves you valuable time. Instead of going through the lengthy process of registering a new company, which can take several weeks or even months, you can acquire an existing company instantly. This means that you can start operating your business without any delay, allowing you to capitalize on opportunities in the market immediately.

Provides flexibility for investors seeking quick entry into the market

Ready-made companies offer flexibility for investors who want to enter the Lithuanian market quickly. With these companies, you have the freedom to choose from a range of options such as changing the company name, directors, and shareholders after purchase. This flexibility allows you to customize and align the company with your specific business goals and requirements seamlessly.

Option to change company name, directors, and shareholders after purchase

When purchasing a ready-made company in Lithuania, you have full control over its future direction. You have the option to change various aspects such as the company name, directors, and shareholders according to your preferences. This level of customization ensures that your business reflects your vision and enables smooth integration with your existing operations or expansion plans.

Ensures compliance with all legal requirements before transfer

Before transferring ownership of a ready-made company in Lithuania, it is essential to ensure compliance with all legal requirements (KYC/AML) This includes verifying that all necessary permits and licenses are in place, and the company is compliant with tax regulations. By conducting a thorough due diligence process, you can ensure that the company you purchase is legally sound and meets all the necessary obligations.

Open bank account in Lithuania

Congratulations on completing the sections before the conclusion! Now that you have a good understanding of the fast registration process for companies in Lithuania, the benefits of establishing a company there, and the taxation system, it’s time to focus on opening a bank account.

Opening a bank account in Lithuania is a straightforward process that can be done remotely. Many banks offer online applications and provide support in English, making it convenient for international entrepreneurs like yourself. By opening an account in Lithuania, you gain access to a stable financial system with modern banking services tailored to meet your business needs.

To get started, gather all the necessary documentation and reach out to different banks to compare their offers. Consider factors such as fees, transaction limits, online banking capabilities, and customer support. Once you’ve chosen a bank that suits your requirements, follow their application process and submit all required documents. With just a few simple steps, you’ll soon have your own business bank account ready to facilitate smooth financial operations.

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7 Easy Steps to Register a Business in Europe [2023] 鈥 Estonian Choice

Are you an entrepreneur with big dreams of expanding your business internationally? Starting a company online in the EU opens up a world of opportunities for growth and success.

From the bustling startup scenes to established markets, Europe offers a diverse range of possibilities for entrepreneurs. But before you embark on this exciting journey, it’s crucial to understand the challenges involved. Thorough research and careful planning are essential to ensure your new company thrives in the European market.

Join us as we delve into key considerations such as choosing a suitable business structure, navigating legal requirements, and leveraging virtual offices to establish your presence. Get ready to unlock the potential of Europe and take your business to new heights!

 

馃實 Benefits of Registering a Business in Europe

Starting a business in Europe comes with a multitude of benefits that can give your company a competitive edge. Let’s dive into the advantages of registering a business in Europe and why it might be the right move for you.

 

馃搱 Access to a large consumer market

One of the biggest perks of starting an EU company online is gaining access to a massive consumer market. With over 500 million potential customers, Europe offers vast opportunities for businesses to expand their reach and increase their customer base. This means more potential sales and revenue for your business.

 

馃捈 Favorable tax regimes and incentives

European countries often offer favorable tax regimes and incentives to attract businesses. These can include reduced corporate tax rates, exemptions, or deductions that can significantly lower your tax obligations. By taking advantage of these incentives, you can save money on taxes and allocate those funds towards growing your business.

 

馃寪 Enhanced credibility and reputation

Having a European presence can enhance the credibility and reputation of your business. The

Opportunities for cross-border trade

Registering a business in Europe opens up opportunities for cross-border trade within the EU’s single market. The EU has created an environment where goods, services, capital, and labor can flow freely between member states. This allows businesses to easily expand their operations across borders without facing excessive barriers or restrictions.

 

Access to skilled labor and supportive ecosystems

Europe boasts highly skilled labor pools across various industries. By establishing your business in Europe, you gain access to this talent pool, enabling you to recruit top-notch professionals who can contribute to the growth and success of your company. Many European countries have vibrant innovation hubs and supportive business ecosystems that foster entrepreneurship and provide resources for startups to thrive.

 

 

Choosing the Best European Country for Your Business – Estonia

Estonia’s Favorable Business Environment and Digital Infrastructure

Estonia, a small country located in Northern Europe, has gained a reputation as an ideal destination for starting a business. One of the key reasons behind this is its favorable business environment and advanced digital infrastructure. The Estonian government has worked diligently to create an ecosystem that supports entrepreneurship and innovation.

One of the standout features of Estonia is its robust digital infrastructure. The country has invested heavily in technology, making it one of the most digitally advanced nations in the world. This digitalization translates into several benefits for businesses operating in Estonia. For instance, online services such as e-government platforms and digital signatures streamline administrative processes, saving both time and effort.

 

E-Residency Program Offering Remote Access to Manage Your Estonian Company Online

Another factor that sets Estonia apart. This unique initiative allows individuals from around the world to become “e-residents” of Estonia, granting them remote access to manage their Estonian company online.

Through the e-residency program, entrepreneurs can establish and operate their businesses entirely online, without ever needing to physically be present in Estonia. This level of flexibility opens up countless opportunities for individuals who want to start a European company but don’t necessarily want or need to relocate.

 

Competitive Corporate Tax Rates Compared to Other European Countries – 0% or 20%?

When considering where to start your European business, corporate tax rates play a crucial role. In this regard, Estonia offers an attractive proposition with its competitive corporate tax rate of 20%. Compared to other European countries where tax rates can be significantly higher, this makes Estonia an appealing choice for entrepreneurs looking to optimize their tax liabilities.

Moreover, Estonia goes a step further to provide an even more enticing tax advantage for entrepreneurs. Through its unique tax system, entrepreneurs may find themselves feeling like they are paying effectively 0% Corporation Tax. This innovative approach involves the taxation of profits only when they are distributed as dividends. As a result, businesses can reinvest their profits for growth and development without immediate tax obligations.

The lower corporate tax rate in Estonia not only allows businesses to retain more of their profits but also provides the flexibility for entrepreneurs to strategically manage their tax exposure. This favorable tax environment helps foster economic growth and encourages foreign investment, further enhancing Estonia’s reputation as a business-friendly country.

 

Estonia or UK company?

Comparision UK taxation system with Estonia

 


馃嚞馃嚙 UK (After Tax-Year Ending)
馃嚜馃嚜 Estonia (Tax-Deferring System)
Corporate Tax Rate Varies (Standard rate: 19%) 20% (Deferred until distribution)
Tax on Dividends Yes, at applicable rates Deferred until distribution
Tax on Reinvestment Yes, at corporate tax rate No immediate tax on reinvestment
Tax Planning Potential complexities Simplified tax-deferring system
Overall Flexibility Moderate High
Total Tax Paid Depends on profits, dividends, and reinvestment Deferred until distribution
Profit Distribution NO NO
Amount 100,000 EUR 100,000 EUR (Tax deferred)
Total Tax Paid (End of Year) 19,000 EUR 0 EUR (Tax deferred)
Time for Certificate of Tax Residency 3-5 months 2 days
e-Notary No Yes
e-Residency No Yes
VAT Threshold 拢85,000 鈧40,000
The comparative table of the general tax systems in the United Kingdom (UK) and Estonia

 

Simple Registration Process with Minimal Bureaucracy and Low Costs Involved

Starting a business in some countries can be a daunting process, often burdened with excessive bureaucracy and high costs. However, Estonia stands out for its straightforward registration process that minimizes red tape and keeps costs relatively low.

The Estonian government has implemented digital solutions to simplify the company registration process. Entrepreneurs can complete the necessary paperwork online, eliminating the need for time-consuming visits to government offices. This streamlined approach not only saves valuable time but also reduces administrative expenses associated with starting a new business.

 

Estonia’s Reputation as an Innovative Tech Hub Attracting Startups and Digital Businesses

In recent years, Estonia has garnered acclaim as a dynamic tech hub, drawing in startups and digital enterprises from across the globe. The nation’s proactive stance toward embracing technology has cultivated an atmosphere conducive to fostering innovation and entrepreneurship.

Estonia’s unwavering commitment to technological advancements has given rise to triumphant startups like TransferWise (now Wise) and Bolt (formerly Taxify). These success stories have firmly established Estonia as a sought-after destination for ambitious entrepreneurs looking to immerse themselves in a thriving tech ecosystem.

Furthermore, opting to establish a company in Estonia unlocks a plethora of opportunities for funding, grants, and expansion. The country holds a special affinity for ambitious entrepreneurs, reflected in the numerous opportunities and resources tailored to support e-resident businesses. Estonia’s nurturing ecosystem plays a pivotal role in fostering the growth and evolution of startups, making it an appealing choice for those in pursuit of innovation and the means to drive their business aspirations forward.

 

Apply for e-Resideny Card in Estonia

 

To start a company in Europe, particularly in Estonia, you can apply for an e-Residency card. This digital ID card grants you secure access to Estonian government services online and enables you to electronically sign documents remotely.

 

E-residency card granting secure access to Estonian government services online

The e-Residency card is a game-changer. With this card, you can access various Estonian government services securely online. You no longer need to physically be present in Estonia to interact with the government or handle administrative tasks related to your company.

 

Digital identification enabling electronic signing of documents remotely

One of the significant advantages of obtaining an e-Residency card is that it provides you with a digital identity. This digital ID allows you to electronically sign documents remotely, ensuring convenience and efficiency in managing your business affairs. Whether it’s signing contracts, agreements, or other legal documents, the e-Residency card simplifies the entire process.

 

Benefits of e-residency for managing an Estonian company from anywhere globally

The benefits of e-residency extend beyond just accessing government services and digitally signing documents. It offers flexibility and ease in running your Estonian company from anywhere globally. Here are some key advantages:

 

      1. Location Independence: With an e-Residency card, you have the freedom to operate your business from any location worldwide without being tied down by physical boundaries.

      1. Efficient Business Management: The ability to manage your Estonian company online streamlines processes and reduces administrative burdens.

      1. Access to Financial Services: E-residents can open bank accounts remotely and enjoy various financial services offered by Estonian banks.

      1. Business Expansion Opportunities: Having an Estonian company opens doors for expansion into European markets and facilitates international trade.

    1. Digital Infrastructure: Estonia boasts a robust digital infrastructure, ensuring a seamless online experience for businesses.

 

Straightforward application process via official website

Getting an e-Residency card in Estonia is a relatively straightforward process. You can apply for it through the official website of the Estonian government. Here’s how:

 

      1. Visit the Official Website: Go to the official e-Residency website and click on the “Apply” button.

      1. Fill in Personal Information: Provide your personal details, including your name, address, and contact information.

      1. Pay the Fee: Pay the required fee using a valid payment method.

      1. Choose Pickup Location: Select the location where you want to collect your e-Residency card once it’s ready.

      1. Wait for Processing: Your application will be reviewed by Estonian authorities, and once approved, you’ll receive an email notification.

    1. Collect Your Card: Visit the chosen pickup location with your passport or ID document to collect your e-Residency card.

 

Costs associated with obtaining an e-residency card in Estonia

While there are numerous benefits to acquiring an e-Residency card, it’s essential to consider the costs involved. Here’s a breakdown of some expenses:

 

      1. Application Fee: You can choose to pick up your e-Residency card in Estonia at either the Police and Border Guard Board’s Service Point, where the state fee is 100 鈧, or at the Estonian embassy, where the total state fee is 120 鈧. This includes 100 鈧 for the application and 20 鈧 for the courier, and you pay this amount when you submit your application

 

Opening a Bank Account for Your Estonian Company

 

Overview of Banking Options

Now that you’ve obtained your e-Residency card and established your Estonian company, the next step is to open a bank account. Estonia offers a range of banking options for businesses, including both traditional banks and digital banking services provided by fintech companies. These options provide flexibility and convenience for managing your company’s finances.

 

Requirements and Documentation

To open a business bank account in Estonia, you’ll need to fulfill certain requirements and provide specific documentation. The exact requirements may vary depending on the bank or financial institution you choose, but here are some common prerequisites:

 

      1. Company Registration: You must have successfully registered your Estonian company with the authorities.

      1. Company Address: You will need to provide proof of your company’s registered address in Estonia.

      1. Share Capital: Some banks may require evidence of the share capital that has been paid into your company.

    1. Contact Person: Many banks will ask for details regarding the contact person responsible for managing the account.

In addition to these requirements, you’ll need to submit identification documents such as passports or ID cards for all shareholders, directors, and authorized signatories associated with the company.

 

Benefits of Digital Banking Services

Estonia is known for its advanced digital infrastructure, which extends to its banking sector as well. One significant advantage of opening a business bank account in Estonia is access to convenient digital banking services offered by local banks. Here are some benefits:

 

      • Efficiency: Digital banking allows you to manage your finances online from anywhere in the world at any time.

      • Cost Savings: Many digital banking services have lower fees compared to traditional banks, helping you save money on transaction costs.

      • Ease of Use: User-friendly interfaces make it simple and intuitive to navigate through various banking functions.

    • Integration with Business Tools: Some digital banks offer integrations with accounting software and other business tools, streamlining your financial management processes.

 

Transferring Funds and Making International Transactions

Once you have opened a bank account for your Estonian company, you can begin transferring funds and making international transactions. Estonian banks provide various payment methods to facilitate these processes, including SEPA transfers (for European Union countries), SWIFT transfers (for international transactions), and local payment systems such as the Estonian Instant Payment System.

To make international transactions, you’ll need to provide the necessary details of the recipient’s bank account, including their IBAN number. It is important to ensure that you accurately input this information to avoid any delays or errors in processing your transactions.

 

List of banks avaiable for e-Residents

 


WISE Bank Account
Payoneer LHV
Advantages – Seamless global finances – 10+ Currency Accounts in 1 Day – More than 200,000 clients
– Borderless Banking – Global Swift WIRE (USD/Euro/GBP) – Strong investment and entrepreneurship experience
– Low fees, real exchange rates – Payments from 200+ Countries – Monthly maintenance fee 鈥 0 鈧
– Multi-currency support in 80+ countries – Receive from 2000+ Marketplaces – Free of charge up to 50 SEPA payments
– Convenient local bank details – Pay Worldwide: 200+ Countries – Debit card from 2鈧
The application: The application: The application:
– Fully online – Fully online – One visit in Tallinn required
– Competitive FX Fees – Accepting card payments and payments in online stores
– Payments via bank link

 

Alternative Way: Purchase Ready Made European Company with VAT Registration

If starting a company from scratch seems like too much hassle and you’re looking for an alternative approach, consider acquiring an existing European company with VAT registration. This option allows you to bypass the lengthy process of setting up a new business and provides several advantages.

 

Exploring the Option of Acquiring an Existing European Company with VAT Registration

By purchasing a ready-made company, you can save significant time and effort. The process of establishing a new business can be complex, involving paperwork, legal requirements, and administrative tasks. However, when buying an existing company, many of these steps have already been completed by the previous owner.

Acquiring a ready-made European company with VAT registration gives you immediate access to the benefits that come with it. You can start conducting business transactions right away without having to wait for the registration process to be completed.

 

Advantages of Buying a Ready-Made Company

 

Understanding Legal Implications and Due Diligence Involved

When considering purchasing a ready-made European company with VAT registration, it’s crucial to understand the legal implications involved in such transactions. Conducting thorough due diligence is essential to ensure that there are no hidden liabilities or issues associated with the acquired entity.

Some key aspects to consider during due diligence include:

 

      1. Reviewing financial records: Carefully examining the financial statements and records of the company will help you assess its financial health and potential risks.

      1. Evaluating legal compliance: Ensuring that the company has complied with all local regulations, tax obligations, and licensing requirements is crucial to avoid any legal complications after acquisition.

    1. Assessing contractual agreements: Examining existing contracts, leases, and agreements will help you understand any ongoing commitments or obligations tied to the acquired company.

 

Ensuring Compliance with Local Regulations and Tax Obligations

After acquiring a ready-made European company with VAT registration, it’s essential to ensure ongoing compliance with local regulations and tax obligations. Familiarize yourself with the specific laws and requirements in the country where the company operates to avoid any penalties or legal issues.

 

      1. Register for local taxes: Even though the acquired company may already have VAT registration, you may need to register for other applicable taxes based on your business activities.

      1. Transfer ownership and licenses: Update all relevant licenses, permits, and registrations under your name as the new owner of the company.

    1. Comply with reporting requirements: Understand the reporting obligations imposed by local authorities and ensure timely submission of required documents.

 

Evaluating Cost-Effectiveness and Suitability

Before proceeding with purchasing a ready-made European company with VAT registration, it’s important to evaluate whether this alternative approach is cost-effective and suitable for your specific needs.

Consider these factors:

 

      1. Cost comparison: Compare the costs associated with starting a new business from scratch versus acquiring an existing one. Take into account not only initial expenses but also ongoing operational costs.

      1. Alignment with your goals: Assess how well an acquired company aligns with your business objectives, target market, industry experience, and growth plans.

    1. Scalability potential: Evaluate whether the acquired entity has room for growth or expansion in line with your long-term vision.

 

Register an EU Trademark for Your European Company and Claim SME Fund Grant

Congratulations on completing the sections before the conclusion! By now, you have gained valuable insights into starting your own European company online. You’ve learned about the benefits of registering a business in Europe, the step-by-step process of company registration, and even discovered Estonia as a favorable location for your venture. We discussed obtaining an e-Residency card and opening a bank account for your Estonian company. But that’s not all!

To take your European business to the next level, it’s crucial to protect your brand identity. Consider registering an EU trademark for your company. Not only does this safeguard your intellectual property rights across all member states but it also enhances credibility and trustworthiness among potential customers. Furthermore, by securing an EU trademark, you become eligible to claim grants from various Small and Medium-sized Enterprise (SME) funds available within the European Union.

Ready to make your mark in Europe? Take action today by exploring trademark registration options and unlocking potential funding opportunities through SME grants. Remember, establishing a strong brand presence is essential in today’s competitive market. So why wait? Start building a successful European business now!

 

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e-Notary in Estonia – How It Works?

Understanding of an Estonian e-Notary Service Step by Step

If you’re wondering, “e-Notary in Estonia how it works?” You’ve come to the right place. Estonia is leading the way in聽digital notarization, and their e-Notary system is an excellent example of this.

Digital notarization聽is a process that allows documents to be signed and authenticated electronically, without requiring the physical presence of a聽notary public. Estonia’s e-Notary system takes this a step further by allowing notarial acts to be performed entirely online, including the verification of identities and the signing of documents.

The聽e-residency聽program, which allows non-residents to access Estonian online services and conduct business remotely, has further expanded the reach and convenience of the e-Notary system.

So, how exactly does聽e-Notary in Estonia聽work? Let’s explore the details.

Key Takeaways:

    • Estonia’s e-Notary system allows notarial acts to be performed entirely online.
    • The system includes the verification of identities and the signing of documents.
    • The聽e-residency聽program allows non-residents to access the e-Notary system and conduct business remotely.

Purchase Ready made EU company聽 or Register a company by Notary here.

The Importance of Notarial Services

In today’s digital age,聽online notary services聽have become increasingly important. A聽notary public聽is an official witness to the signing of legal documents and provides an added layer of authenticity and security to transactions. Their role is particularly crucial in areas such as real estate, finance, and law.

Notarial services also offer protection against fraud and ensure that the signatories are who they claim to be. They are responsible for verifying the identity of the signatories and ensuring that they are signing the document of their own free will.

One significant development in the world of notarial services is the emergence of聽digital signatures. These signatures, which are created using encryption technology, provide an added layer of security to transactions in the digital realm. They are tamper-proof, making them a valuable tool for protecting against fraud and ensuring the integrity of legal documents.

“Notarial services are crucial for ensuring the authenticity and security of legal transactions, especially in the digital age with the rise of online notary services.”

“Online notary services are rapidly growing in popularity, providing a convenient and efficient solution for those in need of notarial services.”

Introduction to e-Notary in Estonia

Electronic notarial acts聽or聽e-Notary in Estonia聽is a system that allows notarial services to be conducted digitally. With the emergence of the digital age, Estonia has taken the lead in streamlining notarial processes through digital notarisation.

All notarial services previously conducted face-to-face can now be carried out remotely through this digital system. This has revolutionized the traditional notary system, making it more convenient and accessible for people from around the world.

Estonia’s e-Notary system is a secure and efficient way to provide notarial services. It has been welcomed by many as a solution to the challenges of traditional paper-based notarial processes.

“Digital signatures and聽electronic notarial acts聽have transformed the notarial landscape in Estonia, leading the way for other countries in the world.”

Electronic notarial acts聽have the same legal effect as traditional notarial acts. They are done exclusively through a secure online platform, which ensures the authenticity and integrity of the documents.

E-Notary in Estonia聽allows for the creation, authentication, and certification of documents in electronic form, making it an ideal solution for individuals and businesses that operate remotely or across borders.

The聽digital notarization聽process in Estonia is quick and efficient and is an essential part of the country’s innovative e-governance system. It has transformed notary services and made them more accessible and efficient, providing a cost-effective and secure way of notarizing documents.

Electronic Notarial Acts

Electronic notarial acts or ENAs are digital documents that are signed and stored electronically. They are used in e-Notary in Estonia and have legal significance in the same way as traditional, paper-based notarial acts.

Their validity is guaranteed by the Estonian State, which has put in place a legal framework to govern the use of electronic notarial acts. Through this framework, electronic notarization is recognized as a secure and authentic way to conclude various legal transactions.

E-Notary in Estonia has made electronic notarial acts an integral part of the notarial system, which has transformed notary services in the country. Estonia’s advanced digital infrastructure has made it possible to create, certify and preserve electronic notarial acts, making the entire process smooth and straightforward.

As such, electronic notarial acts have eliminated the need for physical presence during notarization. With e-Notary in Estonia, individuals and businesses can efficiently notarize their documents from any part of the world.

Digital Notarization

Digital notarisation is a process that involves the creation and certification of digital documents. It is conducted through a聽notary public, who is a licensed professional authorized by the Estonian Government to oversee the process of digital notarization.

The notary public’s role is to verify the identity of the parties and ensure the authenticity and integrity of the documents. In e-Notary in Estonia, notaries work with electronic notarial acts and聽digital signatures, which provide a secure and efficient way of creating and certifying documents.

Digital notarization has made notarial services accessible and efficient, providing a cost-effective and secure way of notarizing documents. It has eliminated the need for paperwork and reduced the time it takes to notarize documents.

E-Notary in Estonia is leading the way in digital notarization, providing a secure, efficient, and innovative solution to traditional notarial processes.

e-Residency and Notary Services

One of the unique benefits of聽e-residency聽is the ability to access the innovative notary services offered by Estonia’s modern notary public system. E-residents can enjoy the convenience and efficiency of digital notarization services from anywhere in the world, without having to physically travel to Estonia.

Moreover, notarized documents hold legal authenticity and provide a higher level of security in cross-border transactions, making them a crucial component of international business operations. The聽Estonia notary system聽is recognized across the EU and globally, making it an ideal solution for businesses looking to expand their reach.

With the Estonian notary system, e-residents can access a wide range of notarial services, including聽digital signatures,聽remote notarization, and electronic notarial acts. These services are available through various online platforms, including the e-Notary portal, which allows e-residents to complete notarial acts via video conferencing.

“As an e-resident, the ability to access notary services online saves me time and money. The process is straightforward, and I can complete notarial acts from the comfort of my home or office in the UK.” – John, a UK-based e-resident

e-Residency and Notary Services for Businesses

E-residency combined with the Estonian notary public system provides businesses with an attractive and cost-effective solution that streamlines cross-border transactions. It allows businesses to complete a range of notarial acts, including property transactions, share transfers, and the authentication of legal documents without ever leaving their home country.

Moreover, the Estonian notary system offers a unique advantage for e-resident businesses as it is recognized across the EU and beyond, providing a secure and reliable solution for notarizing documents. This also gives e-resident businesses a competitive edge, enabling them to expand their operations and reach new markets.

Therefore, e-residency combined with the Estonian notary system provides a hassle-free and cost-effective solution for businesses looking to operate beyond their home country’s borders.

The Process of e-Notary in Estonia

Remote notarization聽has become more prevalent in recent years, especially with the rise of digitalization and the need for efficient online services. In Estonia, e-Notary has been in place since 2000, and the process is straightforward and secure.

Step 1: Confirm Identity

The first step in the process of e-Notary is to confirm the identity of the parties involved. This can be done through the use of electronic identification, which is linked to the Estonian national identity database and allows for secure and efficient online authentication.

Step 2: Choose a Notary

Next, the parties must choose an Estonian notary to perform the notarial act. The Estonian Chamber of Notaries website provides a list of notaries available for聽remote notarization, allowing parties to choose a notary who specializes in their specific type of transaction. Don’t know which notary is suitable for your transaction? Hire Eesti Consulting.

Step 3: Connect Online

Once a notary has been selected, the parties can connect online through a video conferencing platform. The notary will confirm the identity of the parties once again before proceeding with the notarial act.

Step 4: Sign the Document Digitally

After the identity of the parties has been confirmed, the notary will provide the document for e-signing. The document can be signed digitally, using qualified electronic signatures that are recognized in the EU and in many other countries worldwide.

Step 5: Notarize the Document

Once the document has been signed, the notary will notarize it electronically using a secure digital seal. This seal ensures the authenticity and integrity of the document, providing legal validity and recognition.

鈥渆-Notary in Estonia has made notarial services more accessible and convenient for clients, allowing them to complete transactions from anywhere in the world,鈥 said Merle Saar-Johanson, a notary public in Estonia.

e-Notary in Estonia has revolutionized traditional notarial processes, offering a streamlined and secure way to complete notarial acts remotely. With the use of digital signatures and electronic notarial acts, parties can sign and notarize documents from anywhere in the world, saving time and money. This process has become increasingly important in the current climate, where remote transactions are becoming the norm.

Advantages of e-Notary in Estonia

When it comes to notarial services, Estonia has embraced the digital era, providing its citizens and e-residents with the convenience and accessibility of e-Notary services. Digital notarization has revolutionized traditional notarial processes, offering a range of benefits over the traditional in-person method.

One of the major advantages of e-Notary in Estonia is the accessibility of聽virtual notary聽services. With electronic notarial acts, notarial services can be easily accessed remotely, without the need for physical presence. This makes the process more efficient and cost-effective for both parties involved.

Furthermore,聽virtual notary聽services can be conducted at any time, as long as both parties have access to an internet connection and the necessary equipment. This is particularly useful for individuals who are unable to attend in-person notary services due to geographical or logistical limitations.

In addition, digital notarization offers increased security for both parties involved. With electronic notarial acts, documents can be signed and notarized securely, and the authenticity of the notarized documents can be easily verified. This reduces the risk of fraud or manipulation, providing greater legal protection for all parties involved.

“Estonia has set a benchmark with its e-Notary system, providing a convenient and secure way of accessing notarial services. The virtual notary services offered by the Estonian notary system are a game-changer, enabling anyone with an internet connection to have their documents notarized remotely.”

With the growth of global business and the rise of remote work, e-Notary in Estonia has become an increasingly valuable tool for international transactions. With digital notarization, businesses can easily conduct transactions across borders, without the need for physical presence.

Overall, e-Notary in Estonia offers a range of advantages over traditional notarial services. The accessibility, security, and convenience of digital notarization make it an attractive option for individuals and businesses alike.

Validity and Recognition of e-Notarized Documents

One of the biggest concerns with e-Notary in Estonia is the validity and recognition of digitally notarized documents. However, the Estonian government has taken steps to ensure that e-notarized documents hold the same legal weight as traditional paper documents.

The legal framework surrounding e-Notary in Estonia is governed by the Digital Signatures Act and the Notaries Act. These acts provide a clear definition of electronic notarial acts and outline the legal requirements for their use.

Notarized documents in Estonia are also recognized internationally under the Hague Convention of 5 October 1961 Abolishing the Requirement of Legalisation for Foreign Public Documents. This means that e-notarized documents can be accepted in various jurisdictions without the need for further authentication.

It’s important to note that the recognition of e-notarized documents may vary depending on the laws of the specific jurisdiction. However, as e-Notary and digital notarization continue to gain acceptance and popularity, it’s likely that more jurisdictions will adopt similar legal frameworks to ensure the validity and recognition of electronically notarized documents.

Overall, the validity and recognition of e-notarized documents is a crucial aspect of the e-Notary system in Estonia. With a robust legal framework and international recognition, individuals and businesses can trust that their electronically notarized documents hold the same legal weight as traditional paper documents.

The Future of e-Notary

As technology continues to progress, it is likely that e-Notary services in Estonia will evolve to become even more efficient and accessible. One potential area of development is the use of blockchain technology to create an even more secure and tamper-proof system for digital notarization. This could help to further increase the trust in e-Notary services and make them even more widely accepted.

Another possible development is the expansion of聽virtual notary聽services, which could lead to a more flexible and convenient system for completing electronic notarial acts. With the increasing popularity of remote work and online transactions, this could prove to be a significant advantage for individuals and businesses alike.

The Impact of COVID-19

The COVID-19 pandemic has highlighted the importance of digital solutions, and e-Notary services in Estonia have been no exception. With social distancing measures and restrictions on physical contact, the ability to complete notarial acts remotely has been crucial. This has led to a surge in demand for e-Notary services, and has also demonstrated the resilience of the Estonian notary system.

“The COVID-19 pandemic has accelerated the development of digital solutions, and the Estonian notary system has proven to be well-equipped to handle the increased demand for online notarization services.”

Overall, the future of e-Notary in Estonia looks promising, with the potential for further advancements in technology and a continued commitment to providing efficient and secure notarial services. The convenience of virtual notary services and the reliability of electronic notarial acts make e-Notary an attractive option for those seeking legal authenticity in the digital age.

Exploring E-Residency and e-Notary Opportunities

Estonia’s e-residency program has become a popular option for individuals and businesses looking to expand their international capabilities. With e-residency, you can establish and manage a company in Estonia entirely online, without the need for physical presence. This has become particularly useful in the global pandemic era, where travel has become increasingly restricted.

One of the key advantages of e-residency is the seamless integration with Estonia’s digital notarization system. By obtaining e-residency, you can easily access and use e-Notary in Estonia for various legal transactions, such as contracts and agreements. This eliminates the need for physical notarization, saving you time and money.

Moreover, e-Notary in Estonia offers remote notarization services, allowing you to complete notarial acts from anywhere in the world. This can be done through online platforms and video conferencing, ensuring security and authentication of the document.

The combination of e-residency and e-Notary in Estonia opens up a world of opportunities for cross-border transactions and international business operations. With the ability to establish and manage a company in Estonia, as well as access digital notarization services, you can expand your business globally without the traditional barriers of physical presence and paperwork.

Overall, e-residency and e-Notary in Estonia have proven to be a game-changer for individuals and businesses looking to operate efficiently and effectively in the digital age. By embracing digital innovation and streamlining traditional notarial processes, Estonia has become a leading example in the world of e-government and digital transformation.

“The combination of e-residency and e-Notary in Estonia opens up a world of opportunities for cross-border transactions and international business operations.”

Conclusion

In conclusion, e-Notary in Estonia represents a major leap forward in the digital age. With digital notarization, electronic notarial acts, remote notarization and virtual notary services, Estonia has established an efficient and secure notary system that is accessible to everyone. By embracing the opportunities of e-residency and digital innovation, Estonia has created a framework for cross-border transactions and international business operations that is hard to beat.

It is clear that e-Notary in Estonia has enormous potential for the future. With the development of new technologies and the ongoing improvements in virtual notary services, the possibilities are virtually limitless. And by leveraging the power of e-residency, individuals and businesses around the world can benefit from this innovative system. Whether you are a resident or a non-resident, e-Notary in Estonia is a game-changer that is well worth exploring.

Questions ans Answers

e-Notary

  • What is e-Notary in Estonia?

    e-Notary in Estonia is a digital notarization system that allows individuals and businesses to complete notarial acts online, eliminating the need for physical presence at a notary’s office.

  • What is the role of a notary public in e-Notary?

    The notary public in e-Notary acts as a trusted third party who verifies the identity of the parties involved, ensures the authenticity of the documents, and provides legal validation to the notarized acts.

  • What are the benefits of Estonia's e-residency program?

    Estonia’s e-residency program allows individuals to establish an online presence in Estonia, enabling them to access various digital services, including e-Notary. This provides convenience, efficiency, and access to the Estonian notary system from anywhere in the world.

  • How does e-Notary streamline traditional notarial processes?

    e-Notary streamlines traditional notarial processes by digitizing the entire process, reducing the need for physical paperwork and in-person meetings. It offers convenience, accessibility, and faster turnaround times for notarizing documents.

  • Can e-residents benefit from the Estonian notary system?

    Yes, e-residents can benefit from the Estonian notary system by utilizing e-Notary services. They can remotely notarize documents, create legally binding agreements, and access other notarial services offered by Estonia’s digital platform.

  • How does remote notarization work in e-Notary?

    Remote notarization in e-Notary involves the use of online platforms, video conferencing, and secure digital identification methods to verify the identities of the parties involved. The notary public oversees the process and ensures the proper execution of notarial acts.

  • What are the advantages of e-Notary in Estonia?

    The advantages of e-Notary in Estonia include convenience, accessibility, cost-effectiveness, increased security, and improved efficiency. It allows for remote notarization, eliminates the need for physical paperwork, and reduces the time and effort required for notarial processes.

  • Are e-notarized documents valid and recognized internationally?

    Yes, e-notarized documents are valid and recognized internationally. Estonia has a legal framework in place that ensures the validity and acceptance of digitally notarized documents in various jurisdictions.

  • What does the future hold for e-Notary in Estonia?

    The future of e-Notary in Estonia looks promising, with potential advancements in virtual notary services and emerging technologies that could further enhance the efficiency and accessibility of digital notarization.

  • How can individuals and businesses explore e-Notary opportunities in Estonia?

    Individuals and businesses can explore e-Notary opportunities in Estonia by becoming e-residents and accessing the digital services offered by Estonia’s e-residency program. By doing so, they can easily utilize the digital notarization services provided by the Estonian notary system.

  • Where I can buy a ready made company by Notary Public?

    You can purchase a ready made company from Estonia by Notary Public if you meet all KYC& AML recruitments and provide us with notarized and apostilled Power of Attorney.

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Digital Nomad Visa Estonia – Eligibility & How to Apply

Digital Nomad Visa Estonia – Eligibility & How to Apply

Tired of being tied down to a single location for work? Dreaming of a life where you can work from anywhere while exploring new cultures? Estonia has the perfect solution for you – a special visa designed exclusively for digital nomads.

 

With Estonia’s digital nomad visa, you can finally break free from the confines of traditional office spaces and embrace a life of flexibility and adventure. 馃實 This unique opportunity allows remote workers like yourself to live and work in Estonia, one of the most innovative and tech-savvy countries in the European Union. 馃捈馃捇

Say goodbye to long commutes and hello to breathtaking landscapes as you set up your laptop in charming cafes 鈽 or cozy co-working spaces 馃彚 across this picturesque Baltic nation. 馃彏锔 The process is hassle-free, requiring just a few simple steps such as providing a digital photo 馃摲, proof of identity 馃搼, and median download speeds. 馃殌

Don’t let your dreams be confined by borders any longer. Discover how Estonia’s digital nomad visa can turn your wanderlust into reality. So pack your bags 馃С, update your resume 馃搫, and get ready to embark on an unforgettable journey as a digital nomad in Estonia! 馃洬馃嚜馃嚜

 

Eligibility requirements for the Estonia Digital Nomad Visa

To be eligible for the Estonia Digital Nomad Visa, there are certain requirements that applicants must meet. Let’s break them down:

Active Employment Contract or Self-Employment

First and foremost, applicants must have an active employment contract or be self-employed. This means you need to either have a job offer from an Estonian company or be running your own business as a freelancer or entrepreneur. The idea behind this requirement is to ensure that individuals seeking the digital nomad visa have a legitimate source of income while residing in Estonia.

Meeting Minimum Income Threshold

In addition to having an employment contract or being self-employed, applicants also need to prove that their income meets a minimum threshold. This ensures that individuals can financially support themselves during their stay in Estonia without relying on public assistance. The specific income threshold may vary depending on factors such as family size and personal circumstances.

Valid Health Insurance Policy

Having a valid health insurance policy is another crucial requirement for obtaining the Estonia Digital Nomad Visa. This ensures that individuals have access to necessary healthcare services while living in Estonia. It is important to note that the health insurance policy needs to cover medical expenses in Estonia specifically.

Meeting these eligibility requirements demonstrates your ability to contribute economically and support yourself while enjoying the benefits of being a digital nomad in Estonia. It ensures that you have a stable source of income, adequate healthcare coverage, and legal permission to work remotely from this beautiful Baltic country.

By requiring proof of active employment or self-employment, the Estonian government aims to attract professionals who can bring their skills and expertise into the local economy. This not only benefits individual digital nomads but also contributes positively to the overall growth and development of Estonia.

The income threshold requirement guarantees that digital nomads can sustain themselves financially during their stay in Estonia without becoming a burden on public resources. It ensures that you can cover your living expenses, accommodation, and other necessary costs while enjoying the unique experiences Estonia has to offer.

Having a valid health insurance policy is essential for your well-being and peace of mind. It ensures that you can access quality healthcare services in Estonia whenever needed. This requirement protects both digital nomads and the local healthcare system, ensuring that everyone receives the care they require.

 

 

The advantages of the Estonia Digital Nomad Visa

Legal Residence and Work for 12 Months

One of the major perks of obtaining the Estonia Digital Nomad Visa is that it allows you to legally reside and work in Estonia for up to 12 months. This means you can fully immerse yourself in the country’s vibrant culture, explore its picturesque landscapes, and experience life as a local. Whether you’re a freelancer, remote worker, or entrepreneur, this visa opens up exciting opportunities for you to live and work in one of Europe’s most innovative countries.

Access to Public Services

Another advantage of the Estonia Digital Nomad Visa is that it grants you access to all public services available to residents. This includes healthcare and education, ensuring that your well-being and personal development are taken care of during your stay. You can rest easy knowing that if any medical issues arise or if you have children who require schooling, Estonia has got you covered.

Gateway to Explore Europe’s Schengen Area

By obtaining the Estonia Digital Nomad Visa, you gain entry into Europe’s Schengen Area. This means that not only can you enjoy all that Estonia has to offer but also easily travel throughout other European countries without needing additional visas. Imagine hopping on a train from Tallinn and exploring neighboring countries like Finland, Latvia, or Lithuania with ease. The visa provides the freedom and flexibility to embark on unforgettable adventures across Europe.

Now let’s take a closer look at some specific advantages:

    • Flexibility: The digital nomad visa allows you to choose where and when you work while enjoying all the benefits of living in Estonia.
    • Networking Opportunities: Being part of Estonia’s thriving digital nomad community gives you ample opportunities to network with like-minded individuals from around the world.
    • Innovation Hub: Estonia is known for its advanced digital infrastructure and e-services, making it an ideal destination for entrepreneurs looking to launch or grow their businesses.
    • Quality of Life: Estonia consistently ranks high in terms of safety, quality of life, and work-life balance, making it an attractive destination for digital nomads seeking a comfortable and fulfilling lifestyle.
    • Cultural Richness: Immerse yourself in Estonia’s rich history, traditions, and cultural events. From medieval castles to vibrant music festivals, there’s always something exciting happening.

While the Estonia Digital Nomad Visa offers numerous advantages, it’s important to consider any potential drawbacks as well:

    • Limited Duration: The visa is valid for up to 12 months, which means you’ll need to plan your stay accordingly if you wish to continue living and working in Estonia beyond that period.
    • Residency Requirements: To maintain your visa status, you must spend at least 183 days per year physically present in Estonia. This requirement may not be suitable for those who desire more flexibility in their location-independent lifestyle.

How to apply for the Estonia Digital Nomad Visa

To apply for the Estonia Digital Nomad Visa, you will need to follow a few simple steps. Let’s break it down:

Applications are submitted online

The first thing you need to know is that applications for the Estonia Digital Nomad Visa are submitted online through the聽Estonian Police and Border Guard Board website. This means you can complete the entire application process from the comfort of your own home or wherever you have an internet connection.

Pay a processing fee

When submitting your application, be prepared to pay a processing fee. This fee helps cover the administrative costs associated with reviewing and processing your visa application. The exact amount may vary, so make sure to check the current fee on the official website before submitting your application.

Biometric data may be required

As part of the application process, you may be required to provide biometric data, such as fingerprints. This helps establish your identity and ensures that there is no fraudulent activity associated with your visa application. Don’t worry though, this is a standard procedure for many visa applications and is done to protect everyone involved.

Once you have completed these steps and submitted your application, it will be reviewed by the authorities. They will assess whether you meet all the eligibility criteria and if everything checks out, you will receive your Estonia Digital Nomad Visa.

Remember, each country has its own specific requirements and processes. It’s important to do thorough research and understand what is expected of you before applying. In this case, Estonia has made it relatively straightforward by allowing online applications and providing clear guidelines on their official website.

Being able to apply for a digital nomad visa opens up exciting opportunities for individuals who want to live and work remotely while exploring new countries. It allows them to experience different cultures, connect with like-minded individuals from around the world, and enjoy all that Estonia has to offer.

So, if you’re dreaming of becoming a digital nomad and Estonia is on your list of potential destinations, go ahead and start the application process. Who knows? You may soon find yourself sipping coffee in a charming Estonian cafe while working on your laptop.

Required documents for the Estonia Digital Nomad Visa

Valid Passport

To apply for the Estonia Digital Nomad Visa, you will need a valid travel document, which is your passport. Make sure your passport has at least six months of validity remaining before it expires. This requirement ensures that you have a valid identification document that allows you to enter and stay in Estonia legally.

Proof of Accommodation

Another essential document you need to provide is proof of accommodation in Estonia. This can be in the form of a rental agreement or聽a hotel reservation. The Estonian authorities want to ensure that you have a place to stay during your time as a digital nomad in their country. So, make sure you have this evidence ready when applying for the visa.

Sufficient Financial Means

One crucial aspect of obtaining the Estonia Digital Nomad Visa is demonstrating sufficient financial means to support yourself during your stay in the country. You must show that you have enough funds to cover your living expenses, such as accommodation, food, transportation, and other necessities.

It’s important to note that there is no fixed amount specified by the Estonian government regarding how much money you need to have. However, it’s recommended to have enough savings or income sources to sustain yourself comfortably without relying on public assistance.

In addition to these key documents mentioned above, there may also be additional requirements depending on your specific circumstances and the discretion of the Estonian authorities. These additional documents might include:

    • Proof of health insurance coverage: It’s advisable to have comprehensive health insurance that covers medical expenses while you’re in Estonia.
    • Background check certificate: Some applicants may be required to submit a criminal record or background check certificate from their home country.
    • Purpose statement: You might need to provide a written statement explaining why you wish to live and work as a digital nomad in Estonia.

Remember that it’s crucial to carefully review all the specific requirements outlined by the Estonian government and embassy or consulate in your home country. By ensuring you have all the necessary documents, you increase your chances of a successful application for the Estonia Digital Nomad Visa.

So, gather your valid passport, proof of accommodation, and evidence of sufficient financial means, and get ready to embark on an exciting digital nomad journey in Estonia!

Taxes and financial obligations for the Estonia Digital Nomad Visa

When you’re living the digital nomad life in Estonia, it’s important to understand your tax and financial obligations. Let’s dive into what you need to know about taxes and how they apply to the Estonia Digital Nomad Visa.

Income earned outside of Estonia is not subject to Estonian taxes.

One of the major perks of being a digital nomad in Estonia is that income earned from sources outside of Estonia is generally not subject to Estonian taxes. So if you’re earning money remotely from clients or companies based in other countries, you won’t have to worry about paying taxes on that income in Estonia. This can be a significant advantage for those who work with international clients or have an online business.

However, local taxes may apply if income is generated within Estonia.

While income earned outside of Estonia is tax-free, it’s a different story if you generate income within the country. If you provide services locally or earn money through any activities conducted within Estonia, you may be liable for local taxes. It’s essential to consult with a tax professional or accountant familiar with Estonian tax laws to determine your specific obligations based on your circumstances.

Social security contributions may also be required depending on individual circumstances.

As a digital nomad in Estonia, you may also need to consider social security contributions. These contributions are typically required if you plan on staying in the country for an extended period and want access to government services such as healthcare and other benefits. The amount of social security contributions will depend on various factors like your income level and whether or not you have dependents. Again, consulting with an expert will help ensure compliance with these requirements.

To summarize:

    • Income earned outside of Estonia is generally not subject to Estonian taxes.
    • Local taxes may apply if income is generated within Estonia.
    • Social security聽contributions may be required depending on individual circumstances.

It’s crucial to keep accurate records of your income, expenses, and any taxes paid to ensure you’re meeting your obligations. Maintaining good financial practices will help you stay on top of your tax situation and avoid any unnecessary penalties or issues.

Remember, while the Estonia Digital Nomad Visa offers many benefits, it’s essential to understand and fulfill your tax and financial responsibilities. Seeking professional advice can provide clarity and peace of mind as you navigate the world of digital nomadism in Estonia.

Processing time and visa appointment at the embassy

The processing time for an Estonian digital nomad visa is typically around聽30 days.聽So, once you’ve submitted your application, you’ll need to be patient and wait for a notification via email. Keep an eye on your inbox because that’s where you’ll receive updates about the status of your application.

One great thing about applying for an Estonian digital nomad visa is that聽there is no requirement for an in-person appointment at an embassy or consulate. Unlike some other types of visas, you won’t have to worry about booking a flight or traveling to the nearest embassy.

Instead, everything can be done online from the comfort of your own home. You can complete the entire application process without ever leaving your couch (or wherever else you like to work as a digital nomad). This makes it incredibly convenient and hassle-free.

The absence of an in-person appointment also means that you won’t have to deal with long queues or wait times at embassies. You won’t have to take time off work or rearrange your schedule just to visit an embassy. Instead, you can focus on preparing all the necessary documents and submitting them online.

Another benefit of not having an in-person appointment is that it saves you money on travel expenses. Applying for certain visas often requires applicants to travel to their home country’s embassy or consulate, which can be quite costly. With the Estonian digital nomad visa, however, you can avoid these additional expenses.

Overall, the streamlined process for obtaining an Estonian digital nomad visa allows you to save time and effort while still ensuring compliance with standard visa rules. It eliminates unnecessary bureaucratic hurdles and simplifies the application process so that you can focus on what matters most: living and working as a digital nomad in Estonia.

So, if you’re dreaming of becoming a digital nomad in Estonia, rest assured that getting a digital nomad visa is a relatively straightforward process. With a processing time of around 30 days and no requirement for an in-person appointment, you can start planning your adventure sooner than you think.

Benefits of choosing Estonia as a digital nomad destination

Congratulations! You’ve reached the end of our blog post, and now you’re armed with all the information you need to pursue your digital nomad dreams in Estonia. So why should you choose Estonia as your ultimate destination? Well, let me tell you, it’s not just because they have beautiful landscapes and charming cities. No, Estonia goes above and beyond for digital nomads like yourself.

First off, their Digital Nomad Visa program is a game-changer. With its straightforward eligibility requirements and streamlined application process, getting your foot in the door has never been easier. Plus, once you’re approved, you’ll enjoy a wide range of benefits like access to top-notch healthcare, a safe and secure environment, and an incredible work-life balance that will make your fellow nomads green with envy.

But wait, there’s more! Estonia is also known for its vibrant tech scene and innovative spirit. As a digital nomad here, you’ll be surrounded by like-minded individuals who are pushing boundaries and creating cutting-edge solutions. And let’s not forget about the stunning nature that awaits just outside your doorstep 鈥 from picturesque forests to breathtaking coastlines 鈥 Estonia truly has it all.

So what are you waiting for? Pack up your laptop (and maybe some warm clothes), apply for that Estonian Digital Nomad Visa, and get ready to embark on an adventure of a lifetime!

 

Digital Nomad Visa Questions

  • Can I work remotely while on the Estonian Digital Nomad Visa?

    Absolutely! The whole point of the Estonian Digital Nomad Visa is to allow remote workers like yourself to live and work in Estonia legally. As long as your primary source of income comes from outside of Estonia and you meet the visa requirements, you can continue working remotely while enjoying all that this beautiful country has to offer.

  • How long does it take to process the Estonian Digital Nomad Visa?

    The processing time for the Estonian Digital Nomad Visa can vary, but typically it takes around 30 days from the submission of your application. However, it’s always a good idea to apply well in advance to allow for any unforeseen delays. So make sure you gather all the necessary documents and submit your application as early as possible.

  • Can I bring my family with me on the Estonian Digital Nomad Visa?

    Yes, you can! The Estonian Digital Nomad Visa allows you to bring your spouse and children under the age of 18 with you. They will also have access to healthcare and education services in Estonia. Just make sure that they meet the eligibility requirements and include their information in your visa application.

  • Do I need to pay taxes in Estonia if I have the Digital Nomad Visa?

    Nope! One of the great advantages of the Estonian Digital Nomad Visa is that you are not required to pay income tax in Estonia if your income is generated outside of the country. However, keep in mind that tax laws can be complex, so it’s always a good idea to consult with a tax professional or seek advice from relevant authorities.

  • Can I travel within the Schengen Area with an Estonian Digital Nomad Visa?

    Absolutely! Once you have obtained your Estonian Digital Nomad Visa, it allows you to travel freely within the Schengen Area for up to 90 days within a 180-day period. So feel free to explore other European countries while still having Estonia as your home base. Just remember to keep track of your travel dates and ensure compliance with visa regulations.

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E-Residency in Ukraine: Is It Worth It?

Well, Ukrainian E-Residency is a program designed to enable foreign citizens, particularly those in the IT field, to establish and manage businesses in Ukraine even if they’re not physically located in the country. This offers freelancers working with Ukrainian IT firms a way to legitimize their business partnerships. Plus, holding e-Resident status can prove valuable when seeking employment in the international job market. With official registration and compliance with Ukrainian laws, you can smoothly handle contracts and enhance your global business connections. 馃寪馃捈馃懇鈥嶐煉 Lookin for e-Residency in Ukraine? Compare it with Estonian e-Residency first!

 

4 Benefits of Ukrainian e-Residency 馃専馃嚭馃嚘

 

Experience the simplicity of paying a Flat 5% Income Tax 馃挵: The Ukrainian government designed this program to simplify taxation, ensuring you only owe a flat 5% tax on your income.

Secure Your E-Signature for ultimate convenience 馃枊锔: With an e-signature, easily sign contracts and documents from anywhere, making it incredibly convenient for online work when you’re not physically in the country.

Open a Bank Account with Ease 馃挸 Ukraine has streamlined the process with a digital identification and verification system, enabling you to open a bank account entirely online, eliminating the need for a physical visit.

Benefit from Professional Assistance 馃馃摎 When you become a Ukrainian e-Resident, you’ll receive support from an English-speaking personal manager, giving you access to professional guidance for your endeavors.

 

馃嚭馃嚘馃嚜馃嚜 Ukraine e-Residency vs Estonian e-Residency

Looking to become an e-resident but not sure which country to choose? Let’s compare Ukraine and Estonia’s e-Residency programs in a simple and friendly way to help you decide:

Ukraine e-Residency 馃嚭馃嚘:

  • 馃捈 Business Opportunities: Ukraine offers access to a growing IT market, making it great for tech-savvy entrepreneurs.
  • 馃挵 Flat Tax: Enjoy a low, flat tax rate of 5% on your income as a private entrepreneur.
  • 馃彟 Remote Banking: Easily open a bank account online, without needing to visit the country.
  • 馃 Professional Assistance: Benefit from English-speaking personal managers to support your activities.

Estonian e-Residency 馃嚜馃嚜 – Apply here for e-Residency card.

  • 馃挕 Digital Pioneers: Estonia is known for its advanced digital infrastructure, offering access to cutting-edge e-services.
  • 馃彚 Low Startup Costs: Minimal maintenance and startup costs make it appealing to small businesses and startups.
  • 馃挾 Eurozone Benefits: Use euros for transactions, and enjoy EU, OECD, NATO, and eurozone membership.
  • 馃敀 Secure Transactions: Get two unique PIN numbers for added security in your transactions.

Both programs have their unique advantages. Your choice depends on your business goals and preferences. 馃實馃捈

 

 

 

馃殌 Free Consultation 馃憢

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Ready Made EU companies

馃殌 Ready Made EU & Non European Companies with VAT

Are you interested in owning a European company with VAT registration or non EU company but don’t want to go through the lengthy process of setting up one from scratch? Look no further! In this article, we’ll explore the advantages of ready-made EU shelf companies with VAT and how they can save you time and effort. 馃弫

Advantages of Ready Made Companies

Speedy Launch: Starting a new company can be a bureaucratic maze. However, with a ready-made EU and non-EU company, you can skip the time-consuming registration process. We’ll show you how to hit the ground running. 馃殌

Immediate VAT Benefits: VAT registration can be a tedious task, but with a pre-existing company, you can enjoy VAT benefits from day one. Learn how this can give you a competitive edge. 馃捈

Established Reputation: Trust is paramount in business. We’ll discuss how buying a ready-made company can provide you with an established business history, potentially boosting your credibility in the market. 馃寪

Avoiding Legal Hassles: Starting a new company involves navigating legal hurdles. Discover how purchasing a ready-made EU and non-EU company can help you sidestep legal complexities. 馃摐

Expert Guidance: Wondering how to choose the right ready-made company? Our expert guidance will walk you through the process, ensuring you make a sound investment. 馃

馃嚞馃嚙 UK British Companies and Estonian Companies

UK British Companies – Skip the Wait! 鈴

For sale: 馃嚞馃嚙 British UK ready-made company 鈥 VAT registered. If you want to start a business in the United Kingdom, you shall register a British limited liability company and then start with VAT registration. This process takes 6-12 weeks, so it is time-consuming. Our company has registered several companies in England that have been given a VAT number with GB prefix. These companies are ready for international trading. If you wish 鈥 we can obtain an EORI number if you intend to export or import goods from third-countries. 馃實

Estonian Companies – Speed Up Your Business in Estonia! 馃嚜馃嚜

馃殌 Not e-Resident yet? No matter what is the reason for that 鈥 I believe that you are in a hurry! 馃挩 Need an Estonian company with VAT registration, EORI number, and other paperwork? You are in a good place. We have various shelf companies registered under the law of Estonia. Companies are VAT registered 鈥 they have EE prefix and a valid VAT EE number. We guarantee that Estonian shelf companies are in great standing, with neither civil nor tax liabilities. Get a Certificate of Tax Clearance and VAT Certificate upon your request. 馃寪 Eesti Consulting is provided with FIU licensed number: FIU000310 by acting as 鈥渃ompany & service provider.鈥 馃搫

Ready Made Companies + Bank Account

Ready-made EU and non-EU companies with VAT offer a convenient and time-saving solution for individuals who want to jumpstart their business without the hassle of company registration. With immediate access to VAT benefits, an established reputation, and expert guidance, this option is worth considering for those looking to hit the ground running in the European market. Don’t let bureaucracy hold you back鈥攖ake advantage of the opportunities a ready-made company can offer. 馃捈馃寪

Open WISE Bank Account

Worth it for seamless global finances: Borderless Banking, low fees, real exchange rates, multi-currency support in 80+ countries, and convenient local bank details. 馃寪馃捀馃挸馃實馃彟

Open WISE Now!

馃寪 Borderless Banking
馃捀 Low Fees, Real Rates
馃挸 Multi-Currency (USD, GBP, EUR)
馃實 80+ Countries
馃彟 Local Bank Details

Unlock your Business Potential with Payoneer account

Open Payonner account Now!

馃彟 10+ Currency Accounts in 1 Day
馃捈 Global Swift WIRE (USD/Euro/GBP)
馃挵 Payments from 200+ Countries
馃寪 Receive from 2000+ Marketplaces
馃挸 Pay Worldwide: 200+ Countries
馃挸 Multi-currency MasterCard
馃挷 Competitive FX Fees

More than 200,000 clients are using banking services. Bank has the strongest investment and entrepreneurship experience.

Open bank account at LHV

  • Monthly maintenance fee 鈥 0 鈧
  • Free of charge up to 50 SEPA payments
  • Debit card from 2鈧
  • Accepting card payments and payments in online stores
  • Payments via bank link
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Subsidiary in Estonia

Subsidiary in Estonia – Register It!

Open Subsidiary in Estonia

A subsidiary company is a business entity that is controlled and owned by another company, known as the parent company. The parent company holds a significant portion of the subsidiary’s voting stock, allowing it to influence and make decisions for the subsidiary.

馃嚞馃嚙 A British company will retain 100% ownership in an Estonian company. The British company is the sole shareholder in the Estonian company. 馃嚜馃嚜

10 Benefits of a Subsidiary in Estonia

馃實 Access to the European Single Market: Estonia offers easy access to the European Single Market, allowing your business to tap into a vast customer base without hassles.

馃挵 Low Corporate Taxation:聽 聽Deffer Corporation Tax – 0% Corporation Tax – See more tax benefits of opening company in Estonia (Regarding Corporate Income Tax (CIT), the relevant rate is set to rise to 22% in 2024)

馃捈馃尡 Tax Exemptions for Reinvested Profits: Estonia encourages long-term investment by exempting corporate income tax on reinvested profits, helping your business grow sustainably.

馃鉁 Ease of Doing Business: Estonia consistently ranks at the top of business-friendly countries, with accolades such as being 1st in the International Tax Competitiveness Index in 2022 and ranking 18th in the Ease of Doing Business Index in 2019.

馃搱馃攼 E-Residency Program: Estonia’s E-Residency program is thriving, with over 105,011 e-residents and 27,090 Estonian companies established by e-residents. It’s a fantastic option for remote management of your subsidiary.

馃捈馃帗 Skilled Workforce: Estonia boasts a highly educated and tech-savvy workforce, ready to support your business endeavors. Hire employees through Upwork.com directly from Tallinn.

馃彌锔忦煠 Stable Political Environment: Estonia’s stable political climate and commitment to the rule of law ensure a secure and reliable business environment.

馃摎馃敀 Protection of Intellectual Property: Estonia enforces strong intellectual property laws. Our firm, Eesti Consulting, can help you register a trademark in Estonia or the EU for your subsidiary company.

馃嚜馃嚭馃挵 Access to EU Funding: Whether you represent an Estonian company or a foreign one registered in an EU country, you’re eligible for EU funding. But hurry, it’s first come, first served! You can get grants from the EU and reduce state fees by -75%.

馃専馃寪 Strategic Location: Estonia’s strategic location in Northern Europe serves as a gateway to markets in Scandinavia and the Baltics, making it a prime choice for expansion.

Registration a subsidiary in Estonia offers numerous benefits, from tax advantages to a supportive business environment, and our Eesti Consulting team is here to assist you every step of the way! 馃嚜馃嚜馃彚馃捈

Start Registration Subsidiary in Estonia

Open Branch in Estonia

馃實 Foreign Branch in Estonia 馃嚜馃嚜

Imagine your company wants to expand its reach to Estonia! 馃洬 But instead of creating a whole new company there, you decide to open a foreign branch. 馃彚

This branch in Estonia is like a branch of a tree, attached to your main company trunk. 馃尦 It’s part of your company, but it’s located in a different country.

The cool thing is, your Estonian foreign branch operates under your company’s name and follows your company’s rules. It’s like having a friendly outpost in Estonia, ready to do business on your behalf. 馃懃馃搱

While it enjoys some independence to adapt to local stuff, like Estonian laws and market trends, it’s still part of your company family. 馃捈

So, when it comes to profits, losses, and assets, they’re all part of the same pot. 馃嵅

But be ready for some paperwork! 馃摑 Your Estonian foreign branch will need to follow Estonian regulations, and there might be some tax considerations to sort out in both your home country and Estonia. 馃挵馃搼

It’s a great way to expand your company’s horizons and make friends in Estonia. 馃嚜馃嚜馃専 Just remember, it’s a bit like having a distant cousin – related but with its own unique character! 馃槈

馃嚜馃嚜 Branch in Estonia – Key Features Simplified 馃彚

So, you’re thinking about opening a branch in Estonia? Great choice! 馃實

Here’s the lowdown in a nutshell:

馃毇 No Legal Personality: Your Estonian branch won’t have its own legal personality. It’s like the supporting actor in a movie, important but not the star. 馃専

馃敀 Legal Capacity: Your branch won’t have legal capacity either. It’s like the sidekick, there to help but not the decision-maker.

馃捈 Corporation Tax: Your branch is responsible for paying Corporation Tax only on the profits it earns in Estonia. Think of it as paying your dues in the local scene.

馃摐 Paperwork: The parent company takes care of the branch’s operation, including paperwork like billing and Annual Accounts (Profit & Loss, Balance Sheet, Trial Balance). It’s a team effort! 馃

馃 Estonian Representative: You’ll need an Estonian representative (Authorized contact person). They’ll be your branch’s local connection, kind of like a tour guide in a new city.

馃攧 Identical Operations: Make sure your branch’s operations are identical to the parent company. Consistency is the name of the game.

Now, about opening that branch in Estonia, Eesti can lend a helping hand. They’re experts in making this process smooth and hassle-free. 馃

So, get ready to make your mark in Estonia! 馃嚜馃嚜馃捈

Documentation Required for Establishing a Branch in Estonia 馃搫馃嚜馃嚜

To set up your branch in Estonia, you’ll need to gather these vital documents:

馃摑 Name and Legal Form of the Parent Company: Tell us all about your parent company’s name and legal structure.

馃實 Country of Registration: Where is your parent company registered? We need to know the country.

馃搳 Subject of Activity (SIC Codes): Let us know the areas your company will be active in, following the EMTAK classification.

馃幆 Purpose of Company Registration: What’s the big goal for your company in Estonia? Share your purpose with us.

馃彚 Company Address: Provide the address where your branch will operate in Estonia. (Eesti offers company address in Estonia)

馃懃 List of Actual Beneficiaries: Tell us who owns shares in your company. We’re curious about the stakeholders.

馃懇鈥嶐煉 List of Board Members: Who’s steering the ship? Share the names of your board members.

馃摐 Articles of Association: Share the document that outlines your company’s internal rules and operations.

馃梻锔 Memorandum of Association: This document tells us about the relationship between your company and its members or shareholders.

馃搫 Registration Certificate: Proof that your company is legally registered elsewhere. We’ll need to see it.

Gather these papers, and we’ll help you get your branch up and running in Estonia! 馃嚜馃嚜馃捈

Payment of a share capital

馃搱 No More 鈧2,500 Minimum Capital: We’re waving goodbye to the old rule that said you must have at least 鈧2,500 in share capital to start an O脺 (private limited company) in Estonia. Say hello to more choices! 馃挵

馃挕 Capital Tailored to Your Needs: Now, you get to decide how much capital your business truly requires. It’s like a menu of options, and you’re in charge of picking what suits your business best. 馃嵔锔

馃摐 A Change Long Overdue: The old rule, in place since 1995, didn’t always make sense. Many business owners automatically set their capital at the minimum, whether they needed it or not. 馃し鈥嶁檪锔

馃 More Responsibility, More Efficiency: With this new regulation, you’ll be responsible for determining the right amount of share capital. It’s a step towards smarter, more efficient business formation in Estonia. 馃捈馃攳

馃搮 Effective from February 1, 2023: Mark your calendars! These exciting changes to the Estonian Commercial Code come into play on 1st February 2023. Don’t miss out! 馃棑锔

Easily Register Your Branch with a Power of Attorney! 馃枊锔

Hey there, future branch owner! We’ve got a hassle-free solution for you to register your branch in Estonia. 馃彚馃嚜馃嚜

馃摐 Power of Attorney (POA) Registration: We’re here to make things simple. We offer branch registration based on a power of attorney (POA) with a notary public in Estonia.

馃懇鈥嶁殩锔 Notary-Powered: There are about 30 notaries in Tallinn, and they all have tight schedules. But no worries! We’ll set up a meeting with a notary on your behalf.

馃殌 Your Convenient Option: You have choices! You can either come to Estonia, and we’ll assist you with the registration process, or we can handle everything remotely using a power of attorney. We’ll even provide you with a power of attorney template.

鉁嶏笍 Acting on Your Behalf: We’ve got your back! Eesti Consulting will act as your attorney, making sure everything goes smoothly.

馃摐馃攼 Notary and Apostille: We’ll take care of all the notary and Apostille requirements, so you don’t have to worry about a thing.

馃殌 Subsidiary Information Requirements Made Easy! 馃搵馃嚜馃嚜

Hey there, future business owner! 馃専 Getting your subsidiary registered in Estonia is a breeze when you know what we need. It’s all straightforward and friendly. 馃槉

馃摑 Here’s the Scoop: For your subsidiary registration, we’ll need some basic info:

    • 馃摎 Name and surname of directors
    • 馃實 Passport or EEA card number
    • 馃巶 Date of birth
    • 馃彙 Full residential address
    • 馃寪 Country of residence
    • 馃摓 Phone number
    • 鉁夛笍 Email address
    • 馃捇 Website URL
    • 馃彚 Company name
    • 馃捈 Nature of business
    • 馃挵 Capital (minimum 2500 EUR)
    • 馃懃 Beneficial owners list

 

馃殌 Free Consultation with EESTI CONSULTING! 馃憢

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Launch Chat GPT company in Estonia

Estonia, often dubbed the “digital nation,” has established itself as a hotspot for tech innovation and e-residency businesses. Its favorable digital infrastructure makes it the ideal location to launch an automated ChatGPT company. In this article, we’ll explore the steps and advantages of setting up a fully automated ChatGPT business in Estonia.

1. Why Estonia? Estonia’s e-residency program allows entrepreneurs worldwide to start and manage an EU-based company online. With its transparent regulatory environment, digital ID for secure online identification, and efficient e-governance systems, Estonia provides a streamlined process for digital entrepreneurs.

2. What is ChatGPT? ChatGPT, built on models like OpenAI’s GPT-4, is a state-of-the-art conversational AI. It can simulate human-like text conversations, making it a valuable asset for customer support, content generation, and a myriad of other applications.

Steps to Set Up Your Automated ChatGPT Company

  • E-residency Application: Begin by applying for Estonian e-residency. This digital identity allows you to manage your business remotely.
  • Business Registration: Once you receive your e-residency kit, you can register your ChatGPT company with the Estonian Commercial Register.
  • Banking and Finances: Open a business bank account. Estonia offers various digital banking solutions compatible with e-residency (WISE,Revolut,Paysera)
  • Integrate ChatGPT: Deploy your ChatGPT model for the intended service, be it customer support for e-commerce, a chatbot for websites, or other applications.
  • Automate Operations: Implement tools to handle invoicing, customer interactions, and feedback collection. Given that ChatGPT will handle a bulk of the communications, ensure you have a robust system to manage customer insights and continuously improve the AI.

Don’t Wait for e-Residency? Buy a Ready-Made Company!

4. Benefits of an Automated ChatGPT Company

  • Reduced Operational Costs: Minimize human intervention in customer service, reducing payroll costs.
  • 24/7 Customer Support: Offer round-the-clock support, enhancing customer satisfaction.
  • Scalability: Cater to a growing customer base without significant increments in operational costs.
  • Multilingual Support: Utilize ChatGPT’s capabilities to provide support in various languages, broadening your market reach.

5. Navigating Challenges While an automated ChatGPT company offers numerous advantages, it’s essential to be aware of challenges. Ensuring data privacy, handling unprecedented customer queries effectively, and continuous training of the AI model are crucial to maintaining a successful operation.

0% of tax in Estonia – possible?

  • Simplified Tax Framework: Estonia boasts one of Europe’s most straightforward and entrepreneur-friendly tax systems. Corporate income tax, for example, is not charged on reinvested or retained profits, only on distributed profits. This means that if you reinvest your earnings into growing your ChatGPT business, the corporate income tax rate is effectively zero.
  • VAT Regulations: For businesses exceeding a threshold of 鈧40,000 in annual taxable supplies, VAT registration is mandatory. The standard VAT rate in Estonia is 20%, but it’s crucial to understand the specifics, especially if your ChatGPT company deals with clients from various EU countries.
  • Digital Tax Reporting: Estonia’s digital tax reporting system allows businesses to declare taxes online. This e-tax/e-customs system ensures a smooth process for entrepreneurs, making tax compliance less cumbersome.

E-Residency program

  • What is e-Residency? Estonia’s e-Residency program is a government-backed digital identity initiative. It allows non-residents to access Estonian services like company formation, banking, and tax services, all without ever setting foot in the country.
  • Benefits for Digital Entrepreneurs – e-Residency is especially advantageous for those in the digital sector, like a ChatGPT business owner. It enables you to operate and manage your EU-based company remotely. With your digital ID card, you can digitally sign documents and contracts, making business operations seamless.
  • Application Process – Applying for e-Residency is straightforward. Submit an online application, pay the state fee, and after a review, collect your digital ID card from the nearest pickup location. The entire process reflects Estonia’s commitment to fostering a global digital society.
  • Community and Support – e-Residency isn鈥檛 just a digital ID; it’s a global community. Numerous online forums, workshops, and support groups are available for e-residents, facilitating networking and collaboration between like-minded digital entrepreneurs.

Estonia’s digital-forward approach, combined with the capabilities of ChatGPT, offers a unique opportunity for entrepreneurs. By understanding the landscape and leveraging available resources, one can efficiently establish a fully automated ChatGPT company in Estonia, setting the stage for a future-driven, successful business.

Get A Free Tax Guide

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Register Your Sound Trademark in the EU

What is sound trademark?

A soundmark is a unique trademark consisting exclusively of a sound or a combination of sounds. It should not be combined with other elements like movement, which would then be classified as multimedia marks.

Soundmark registration formats

Audio File Requirements

  • audio file in MP3 format
  • max. size 2 MB

Streaming or looping is not allowed.

Musical Notation Requirements

  • JPEG format
  • A4 sheet format

Ensure that the music sheet contains all necessary elements for interpreting the melody, including pitch, tempo, and lyrics.

Get A Free Tax Guide

Submitting Both Audio and Musical Notations If you choose to submit both an audio file and musical notations, you will need to select one to retain. If you submit an audio file along with a sonograph representation, the Office will remove the sonograph from the file.

Example of Music Sheet:

Register a Sound Trademark and Get Back -75% of paid fees!

  1. Get 75% of Your Fees Back with the SME Fund Grant! Avail a generous 75% reimbursement on your trade mark and/or design application fees through the SME Fund. This significant saving can benefit your business in multiple ways!
  2. Protect Your Brand Across the EU The SME Fund covers both EU-wide and national/regional trade mark and design applications. Ensure the uniqueness of your brand in various markets with ease.
  3. More Classes, More Savings No need to worry about registering your brand in multiple classes. The SME Fund offers a 75% refund on additional class fees, securing your brand comprehensively.
  4. Easy Application Process Applying for the SME Fund grant is simple and straightforward. Our team can guide you through the process, making it hassle-free for your business.
  5. Embrace International Opportunities Expand your business beyond the EU with the SME Fund’s 50% reimbursement on basic application fees for trade mark and design filings outside the EU.
  6. No Worries about Handling Fees The SME Fund has your back by excluding handling fees charged by the office of origin, making the process even smoother for you.
  7. Enhance Your Business Value Protecting your trade mark and designs adds value to your brand, making it more attractive to customers and investors.
  8. Claim Your Grant Now! Don’t miss out on this incredible opportunity to protect your brand and get a 75% reimbursement. Reach out to us and secure your business’s success with the SME Fund grant.

How Eesti Consulting can help you?

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Benefits of Company in Estonia

Benefits of opening a company in Estonia

5 Benefits of Opening a Company in Estonia 馃嚜馃嚜

BENEFIT 1:聽 Corporation Tax Rate – 0%

Distinctive Benefit: Businesses Pay 0% Tax on Retained Earnings In Estonia, businesses benefit from a 0% corporate tax rate on retained earnings. This implies that companies are exempt from paying any tax on their profits until they choose to distribute dividends among the owners.

This freedom allows businesses to save and invest their profits without the concern of corporate taxes

BENEFIT 2: Unbeatable Company Formation Fees – 234鈧焽焽吼煉

EESTI CONSULTING benefits:

鈴奥Quick Launch鈥 Set up a business in Estoniain 3 daysin 1 day 鈥 Fill in the form here or chat online to know more about company registration in Estonia

馃挵聽Get a Bank Account 鈥Receive corporate documents from Eesti andOpen bank account in Estonia100鈧犅0鈧

鈿栵笍聽Get a free advice鈥 Ask for a taxation or law issues when you form a company in Estonia 鈥0鈧

馃搫 Free Tax Residency Certificate聽鈥聽Get It for free聽insted of paying 100鈧

馃 Get up to 1000鈥 for start-up聽鈥 Eesti will show you how to Get a grant from the EU for聽trademark registration in Estonia or EU聽(reduce state fee by 625鈧 鈥撀read more on e-Residency Blog)

BENEFIT 3: MANAGE COMPANY WITH E-RESIDENCY CARD

The E-Residency Card makes managing your company a breeze! You can sign VAT returns, file Annual Reports, start a company, or register for VAT with just your e-Residency card. Apply for your e-Residency card today and wave goodbye to the hassle of dealing with Power of Attorney!

鉁嶏笍 Sign Papers Digitally: Use the card to sign documents online easily and safely.

馃攳 Check Document Authenticity: Make sure signed documents are real and trustworthy.

馃摛 Send Secure Documents: Safely encrypt and send important files with confidence.

馃寪 Access Online Services: Explore a variety of online services in Estonia, both public and private.

馃殌 Start a Company Online: Easily set up an Estonian company without leaving your computer.

馃實 Manage Your Company Anywhere: Control and run your Estonian company from any location worldwide.

馃挸 Digital Banking: Apply for digital business banking and handle online payments with ease.

馃摑 File Taxes Online: If your company is a tax resident in Estonia, conveniently declare corporate taxes online.

 

Not sure about getting an e-Residency Card? You can also purchase a ready-made company from Estonia, already established with Power of Attorney. 馃彚馃挸

How to Become E-Resident?

  1. Visit official e-Residency Website
  2. Click on the button “Apply Now!”
  3. Fill in the form
  4. Choose Pick-up Location to receive your e-Residency card
  5. Receive e-Residency Card and Install All Drivers and DigiDoc Software
  6. NOW You can sign all documments and set up company in Estonia.
Apply for e-Residency card
How to Apply for e-Residency card

How to start company without e-Residency card?

You can start a company in Estonia by Power of Attorney from scratch or Buy Ready Made Company with a bank account.

BENFIT 4:聽 CONNECT WITH E-Residency Marketplace聽

The e-Residency Marketplace is a curated platform designed to connect e-residents with trusted service providers, streamlining the process of launching and expanding businesses in the digital world. It serves as a valuable resource for individuals seeking essential services within the e-Residency ecosystem.

In this marketplace, e-residents gain access to a carefully selected list of service providers who have undergone rigorous evaluation by the e-Residency team. These providers offer a range of services, from legal and financial support to various business solutions.

Choosing the e-Residency Marketplace means embracing a simplified and secure approach to find the right partners for your business needs. It allows e-residents to explore service providers with confidence, knowing that each has met specific criteria related to service quality, background, and alignment with the unique requirements of e-residents.

For those venturing into the e-Residency ecosystem, this marketplace provides a centralized hub to discover and connect with service providers who can facilitate key aspects of business development. By leveraging the e-Residency Marketplace, individuals can navigate the complexities of entrepreneurship more efficiently, making it an invaluable tool for those looking to thrive in the digital business landscape.

 

e-Residency Marketplace

BENEFIT 5:聽 GET A 1000鈧 VOUCHER FROM EU for TRADEMARK!

In the last decade, Estonia has become a favorite European destination for startups. Entrepreneurs are lured by the welcoming business environment, robust government support, and a tax system that allows them to keep and reinvest profits with a zero corporate income tax. 馃槉

Remember, trademark registration is crucial for every startup, not just the big players but especially for SMEs. The SME FUND 2024 program, which kicked off on January 22nd, offers Estonian companies the opportunity to apply for a 1000 EUR voucher for trademark registration. The added benefit? Enjoy a 75% reduction in the state fee. 馃殌

INCREDIBLE? SEE YOUR SAVINGS IN THE TABLE BELOW: 馃挵馃憖

Country of Registration Registrar Fee (without grant/with grant)
馃嚜馃嚭EU Fee 鈧850 / 鈧212
馃嚜馃嚜Estonia Fee 鈧145 / 鈧37

 

Conclusion

If you’re considering establishing a European company and are still searching for the right location, Estonia could be an excellent choice with its favorable and friendly tax system.聽聽

 

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Pick up your e-鈦燫esidency card in Sofia, Zagreb or Ljubljana

馃専

Entrepreneurs in Sofia, Zagreb, or Ljubljana who wish to join e-Residency should pay attention. Are you considering applying for e-Residency (Apply for e-Residency)? Is it because your distance from the collection points is a deterrent to obtaining your e-Residency digital ID? 馃寧

You can apply for e-Residency from 8 August 2022, and if you wish, pick up your digital identity card and documents at one of three mobile pickup points (e-Residency application). 馃搮

  • Ljubljana point 馃彏锔
  • Sofia point 馃彊锔
  • Zagreb point (Croatia) 馃嚟馃嚪

The most important information about pick-up points:

  • To pick up your e-Residency kit at a mobile pickup point, in your application choose the city closest to you: Sofia, Zagreb or Ljubljana.
  • An Estonian consular official is in charge of the mobile collection point, which offers e-residents a means to obtain e-Residency documents.
  • The mobile collection point will come to each city every two months and stay for a minimum of one day. Depending on the number of applications, the visit may be extended.
  • Applicants opting for one of these cities will have the pick-up date, time, and location communicated to them via email.
  • You will need to physically go to pick up your e-Residency card, and your fingerprints will be taken at that time. Make sure you bring your passport as well. 馃泜
  • The state fee for e-Residency digital ID pickup at a mobile point is 鈧120. 馃挸

Other pickup points

If you have any further questions or need more information about e-Residency and the pickup points, please don’t hesitate to contact us. We’re here to assist you in your journey to become an e-Resident! 馃寪

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Employment registration

Employment Registration 馃М

Did you register a company in Estonia? Now it’s time to hire an employee.

EMTA requires the following data [EXAMPLE]

Employee’s ID Start Date of Employment Employment Type Work Hours Job Title Workplace Address
001 2022-03-15 Full-time 40 hours Manager 馃彚 Tallinn
002 2021-08-02 Part-time 20 hours Clerk 馃彚 Tallinn
003 2023-01-10 Full-time 35 hours Technician 馃彚 Tallinn

Legal Acts

Section 254(1) of the Taxation Act and Section 53(2)(7, 11鈥13)

Section 53(4) of the Register of Taxable Persons

Simplified Procedure for Employee Registration in Estonia

Every person, who holds a personal identification code can be registered under the simplified procedure.
The way of registration is as follows:

  1. Call on 880 0812
  2. Send an SMS message to 1811
    The format of a string should be the same:
    鈥漞mployer鈥檚 registry code/ID-code(space)employee鈥檚 ID-code(space)date of commencement of the employment鈥

Unpaid work or voluntary work?


Unpaid work requires registration in the employment register because this kind of work
is normally paid in other circumstances. An employee works under an employment
contract or the law of obligation.
Whereas voluntary work does not require registration, because this kind of work
is associated with typical non-profit activities like helping other people.

Employment Registration formalities….

File the “TSD” declaration until 10 day of month following the taxable period.


First of all you have legal obligation to record the rate of working in the employment register on the TSD declaration (the social tax and income tax return). You need to perform this duty until the 10 day of month following the taxable period. What is important
you can not modify the working time rate retroactively.

What is a workplace?

A workplace is a place of work and its surroundings on the premises of an enterprise of a sole proprietor or company, a state or local government agency, a non-profit association or a foundation (hereinafter enterprise) or any other places of work to which an employee has access in the course of his or her employment or where he or she works with the permission or on the order of the employer (搂 4 (1) of the Occupational Health and Safety Act ).

A place of business is the place of the permanent and continuous business or professional activities of a person (搂 9 (2) of the Taxation Act ).
Source: Emta.ee

What are the rules of working place address in Estonia?

The workplace is generally the place where the employer performs business activities. The employer can have one or more business places – f.e stores, and branches and an employee
may work in a few places.

In the case when employee performs the work at several locations the address of the workplace shall be location where the employee works for most of the working time
If the employee works f.e 50% in one location and exactly 50% of the times in another location,
the employer has the right to decide which address will be assigned to the employee.

In the case of remote working – the employee’s workplace address will be the same
as the place of business of employers.

 

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Start company in Estonia

Start company in Estonia in 4 steps!

 

    1. 馃搳 Delay paying Corporation Tax if your company plans to reinvest its profits. Could this mean a 0% Corporation Tax in the future? Get a tax guide here.

 

    1. 馃捈 Get your e-Residency card and go completely paperless with your company. You can digitally sign all your letters from authorities, handle documents, carry out business correspondence, encrypt data, and communicate securely with your partners.

 

    1. 馃挶 If you’re looking to offer cryptocurrency-related services like exchanges or digital wallets, obtaining a cryptocurrency license in Estonia is a breeze.

 

    1. 馃彟 Opening a bank account has never been easier, whether it’s in Estonia or elsewhere, with the help of Eesti Consulting. No more hassle!

 

How to start a company in Estonia

Starting a company in Estonia offers various registration options. In this article, we’ll focus on the most commonly used business structure in Estonia: the limited liability company (LLC), also known as “osa眉hing” or abbreviated as 鈥淥脺.鈥

 

START COMPANY THROUGH A NOTARY

There are 2 different ways of this method. A founder will meet a notary or we will act as an attorney. To act as attorney, in the name of the client we need to get notarized and apostilled Power of Attorney. Then we will order a certified translation of this document to the Estonian language. Then the notary will prepare an application of establishing a company, the memorandum of association and articles of association.

 

START COMPANY THROUGH e-Residency card

We recommend a company registration through an e-Residency card. See this video to explore how to apply for an e-Residency card

Steps:

 

How to apply for e-Residency card from your home country?

 

    1. Become and e-Resident here: https://e-resident.gov.ee/become-an-e-resident/

 

    1. Visit e-Residency Marketplace to compare all legal service providers and choose solution for your company

 

    1. Get a free certificate of tax residency ( worth: 100鈧 – you pay: 0鈧) if you choose Eesti Consulting as your legal advisor and company formation agent. Coupon code: #FREETAXRESIDENCY

 

 

 

 

 

Recruitments of a company in Estonia

 

Business name of the company

    • Company may have only one business name

    • The company name must contain the appendage 鈥渙sa眉hing鈥 or the abbreviation 鈥淥脺鈥

    • The appendage or abbreviation must be visible at the beginning or end of the business name

    • The business name of the branch of a foreign company shall consist of the business name of the company and the phrase 鈥淓esti filiaal鈥 – Estonian branch

 

Management board

    • The management board may have one or several members

    • A member must be a natural person

    • A member need not be a shareholder but a member may be a shareholder too.

    • Every member may represent Estonian company in all transactions unless the articles of association prescribe that some or all of the members shall represent Estonian company jointly

    • A transaction made between an Estonian company and a member of the management board is not valid

    • if the supervisory board or shareholders do not agree to the transaction ( exception is in the event of

    • every day economic activities undertaken by Estonian company according to the market price of a service)

 

Share capital

    • At least 2500 鈧 as share capital of OU company. ( in the event of providing a cryptocurrency-related services – the share capital shall be at least 12,000 鈧)

    • A contribution may be monetary or non-monetary

    • The minimum nominal value of a share is 0,01鈧

    • The share capital may be paid to your bank account located in Estonia or outside Estonia (only within the European Economic Area)

    • The share capital shall be registered in the Estonian Business Register and declare at the Estonian Tax and Customs Board

    • You can use share capital to pay for business expenses and costs of a company but is not permitted to pay dividends from share capital to shareholders

    • You have a right to deferring of share capital payment for up to 10 years if you meet these 2 conditions: ****All founders are private members AND ****The share capital is less than or equal to 25,000鈧

 

 

Start a company in Estonia as a ready made business!

A ready made company, also known as a shelf company or an aged company, is a business entity that has been registered but has remained dormant, typically without engaging in any significant business activities. These companies are pre-registered by a formation agent or service provider and are often offered for sale to individuals or businesses who wish to have a pre-existing company rather than going through the process of incorporating a new one.

 

Typical ready made company for sale

A typical ready-made company for sale, like this Estonian company priced at 鈧900, offers several advantages to entrepreneurs and businesses. These companies are pre-registered, in this case, dating back to 2019, ensuring they are in compliance with local regulations, which can save valuable time and effort. The purchase price often includes the state fee, such as the 260EUR mentioned here, making it a cost-effective option. However, it’s important to note that notarial fees and certified translations are typically not included in the purchase. One significant benefit is that these ready-made companies usually come with no civil or tax liabilities, providing buyers with peace of mind and a clean slate to commence their business endeavors.

Banking solutions 馃彟


How to open a bank account in Estonia acting as an Estonian company? Follow these steps to
start banking in Estonia:

Register a company in Estonia with the assistance of Eesti Consulting

Purchase a set of corporate documents regarding your company (Certificate of tax residency, Apostille, True copies of corporate documents, Article of Association translated from Estonian to English)

 

Reach Eesti Consulting and tell us about your business needs.


We advise you with a business bank account in or outside Estonia 馃實

Open WISE Bank Account

Worth it for seamless global finances: Borderless Banking, low fees, real exchange rates, multi-currency support in 80+ countries, and convenient local bank details. 馃寪馃捀馃挸馃實馃彟

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馃彟 Local Bank Details

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More than 200,000 clients are using banking services. Bank has the strongest investment and entrepreneurship experience.

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Read more
e-Residency program

Success of e-Residence – EUR 17.5 million of tax revenues in 2020

Increase in tax revenues by 1/3

The amount of Estonian tax revenues from the e-Residency system increased by 1/3 compared to 2020 according to estimates of the state agency Enterprise Estonia, which is a record since 2014. Companies founded by natural persons from all over the world who are registered e-residents paid EUR 17.5 million to the budget of the State of Estonia.

Lauri Haav, managing director of the e-Residency program, says the results are delivering more ambitious goals, as well as the fact that existing e-resident companies continue to grow and expand, and e-residents continue to create thousands of new businesses each year. many of which show many international promises.

1/5 of the new businesses were founded by e-Residents, Haav said.

Lauri Haav, who became head of e-Residency last December, said: “In the last three years, almost 20 percent of all private limited companies registered in Estonia were founded by e-residents.”

“In addition, the program has significantly contributed to the expansion and diversification of the Estonian economy,” Haav said, according to a press release from Enterprise Estonia.

E-residents are customers originating in the US, Finland, Sweden, Russia and Ukraine, topping the table, which, as Enterprise Estonia points out, covers a relatively large range of countries in terms of development and wealth.

Andres Sutt – IT and entrepreneurship minister said: “The e-Residency programme has spurred innovative rethinking of traditional business models and provides a flexible platform for a new generation of entrepreneurs”

Most e-Residency companies are small, agile, said Lauri Haav, especially in high-value-added sectors such as IT. The program has attracted enthusiasts of new technologies, security, as well as the Estonian business community, which is already known for its transparency and minimal bureaucracy, says Enterprise Estonia.

E-residence and lockdown

The e-Residency program was launched in December 2014. The purpose of the program is to provide stakeholders with secure access to Estonia’s e-services, as well as enabling digital signature, payment of taxes, establishment and registration of companies.

The e-Residency card is a digital ID card and is no different than that of Estonian citizens. At the moment, the application base is 80,000 e-residents, which gives a total of 16,000 established companies. The coronavirus pandemic made the e-Residence program a perfect fit. In a situation of local restrictions – many Europeans have problems with performing activities at the notary’s or visiting offices. E-residents say goodbye to this problem, because they handle all official matters remotely, including even granting a power of attorney in the e-Notary Service – adds Pawe艂 Krok Eesti Consulting O脺

Read more

Firma w Estonii

Po co mi Firma w Estonii? 馃嚜馃嚜

Po co ta firma w Estonii?

Firma w Estonii to genialny pomys艂 dla polskoj臋zycznych klient贸w, ale nie dla ka偶dego.聽 Decyzja o za艂o偶eniu sp贸艂ki w Estonii powinnna by膰 skonsultowany z doradc膮 podatkowym lub radc膮 prawnym .聽 Nie trzeba nikomu przypomina膰, 偶e firma w Estonii powinna mie膰 uzasadnienie ekonomiczne oraz gospodarcze.

Eesti Consulting nie zdecyduje si臋 za艂o偶y膰 takiej firmy dla os贸b, kt贸re prowadz膮 rzeczywist膮 dzia艂alno艣膰 gospodarcz膮 w Polsce – z uwagi na rozmaite ryzyka podatkowe – m.in sta艂e miejsce prowadzenia dzia艂alno艣ci VAT oraz ryzyko powstania zak艂adu podatkowego.

Estonia oferuje atrakcyjne warunki dla prowadzenia dzia艂alno艣ci gospodarczej i nie bez powodu zaj臋艂a聽 3. miejsce pod wzgl臋dem wolno艣ci gospodarczej w Europie w 2023 roku.聽 Kraj ten zawar艂 a偶 62 um贸w o unikaniu podw贸jnego opodatkowania w tym z Polsk膮.

Tak jak wspomina艂em – za艂o偶enie sp贸艂ki w Estonii zw艂aszcza przez polskiego rezydenta podatkowego powinno by膰 poprzedzone doradztwem prawno-podatkowym, ale nale偶y wskaza膰, 偶e wielu Polak贸w mieszka przecie偶 na sta艂e za granic膮 , b臋d膮c rezydentami podatkowymi Pa艅stw trzecich i to g艂贸wnie do nich kierujemy nasz膮 ofert臋. Zobacz nasz artykul o firmach zakladanych za granica przez Polakow.

Gdzie Mieszkaja Polacy za granica?

Pa艅stwo Liczba Polak贸w
Stany Zjednoczone 馃嚭馃嚫 10,000,000 milion贸w
Brazylia 馃嚙馃嚪 3,000,000 milion贸w
Niemcy 馃嚛馃嚜 1,750,000 milion贸w
Francja 馃嚝馃嚪 1,000,000 milion贸w
Kanada 馃嚚馃嚘 1,000,000 milion贸w
Wielka Brytania 馃嚞馃嚙 743,000 tysi臋cy
Argentyna 馃嚘馃嚪 200,000 tysi臋cy
Bia艂oru艣 馃嚙馃嚲 1,000,000 milion贸w
Australia 馃嚘馃嚭 182,000 tysi臋cy
Litwa 馃嚤馃嚬 183,000 tysi臋cy

Zrodlo:https://www.national-geographic.pl/artykul/polonia-na-swiecie-ilu-polakow-mieszka-za-granica

 

Jakie biznesy zakladaja firmy w Estonii?

Bran偶a Opis
Agencje reklamowe i marketingowe 馃枼锔 Oferuj膮 kompleksowe rozwi膮zania marketingowe, w tym SEO, SEM i LinkBuilding.
Firmy consultingowe 馃彮 艢wiadcz膮 us艂ugi doradcze, pomagaj膮c w rozwi膮zywaniu problem贸w biznesowych oraz doskonaleniu proces贸w operacyjnych.
Audytorzy oraz doradcy biznesowi 馃搳 Specjalizuj膮 si臋 w przeprowadzaniu audyt贸w i analiz biznesowych, maj膮cych na celu optymalizacj臋 dzia艂alno艣ci przedsi臋biorstw.
Kryptowaluty (gie艂da kryptowalutowa) 馃枼锔 Platformy umo偶liwiaj膮ce handel kryptowalutami oraz inne transakcje cyfrowych aktyw贸w.
Startupy technologiczne 馃嵔锔 Nowe firmy skupiaj膮ce si臋 na innowacyjnych rozwi膮zaniach technologicznych, takich jak aplikacje mobilne, sztuczna inteligencja czy e-commerce.
Portale internetowe 馃寪 Platformy online oferuj膮ce r贸偶norodne tre艣ci, us艂ugi lub produkty, dost臋pne dla u偶ytkownik贸w za po艣rednictwem internetu.

Ile firm zaklada sie w Estonii

Wykres przedstawia liczbe zalozonych firm w Estonii na przestrzeni lat 2014-2020.

Companies founded by e-Residents
Companies founded in Estonia between 2014-2020 by e-Residents

Ile Firm zostalo zalozonych przez Polakow?

Firmy zalozone przez Polakow w Estonii
Polscy obywatele zalozyli niespelna 650 firm w Estonii. Plasuja sie bardzo daleko w rankingu, w ktorym prowadza Hiszpanie z liczba firm niespelna -2600 – Zrodlo:聽 https://www.e-resident.gov.ee/dashboard/

Umowy o unikaniu podw贸jnego opodatkowania z Estoni膮

Lista kraj贸w, kt贸re zawar艂y umowy o unikaniu podw贸jnego opodatkowania z Estoni膮

Albania 馃嚘馃嚥 Armenia 馃嚘馃嚬 Austria 馃嚘馃嚳 Azerbejd偶an 馃嚙馃嚟 Bahrajn 馃嚙馃嚲 Bia艂oru艣 馃嚙馃嚜 Belgia 馃嚙馃嚞 Bu艂garia 馃嚚馃嚘 Kanada 馃嚚馃嚦 Chiny 馃嚟馃嚪 Chorwacja 馃嚚馃嚲 Cypr 馃嚚馃嚳 Czechy 馃嚛馃嚢 Dania 馃嚝馃嚠 Finlandia 馃嚝馃嚪 Francja 馃嚞馃嚜 Gruzja 馃嚛馃嚜 Niemcy 馃嚞馃嚪 Grecja 馃嚞馃嚞 Guernsey 馃嚟馃嚢 Hongkong 馃嚟馃嚭 W臋gry 馃嚠馃嚫 Islandia 馃嚠馃嚦 Indie 馃嚠馃嚜 Irlandia 馃嚠馃嚥 Wyspa Man 馃嚠馃嚤 Izrael 馃嚠馃嚬 W艂ochy 馃嚡馃嚨 Japonia 馃嚡馃嚜 Jersey 馃嚢馃嚳 Kazachstan 馃嚢馃嚪 Korea 馃嚢馃嚞 Kirgistan 馃嚤馃嚮 艁otwa 馃嚤馃嚬 Litwa 馃嚤馃嚭 Luksemburg 馃嚥馃嚬 Malta 馃嚥馃嚭 Mauritius 馃嚥馃嚱 Meksyk 馃嚥馃嚛 Mo艂dawia 馃嚦馃嚤 Holandia 馃嚥馃嚢 Macedonia P贸艂nocna 馃嚦馃嚧 Norwegia 馃嚨馃嚤 Polska 馃嚨馃嚬 Portugalia 馃嚪馃嚧 Rumunia 馃嚪馃嚫 Serbia 馃嚫馃嚞 Singapur 馃嚫馃嚢 S艂owacja 馃嚫馃嚠 S艂owenia 馃嚜馃嚫 Hiszpania 馃嚫馃嚜 Szwecja 馃嚚馃嚟 Szwajcaria 馃嚬馃嚟 Tajlandia 馃嚬馃嚪 Turcja 馃嚬馃嚥 Turkmenistan 馃嚮馃嚦 Wietnam 馃嚭馃嚘 Ukraina 馃嚘馃嚜 Zjednoczone Emiraty Arabskie 馃嚞馃嚙 Wielka Brytania 馃嚭馃嚫 Stany Zjednoczone Ameryki 馃嚭馃嚳 Uzbekistan

 

Rejestracja sp贸艂ki w Estonii powinna by膰 poprzedzona wnikliw膮 analiz膮 umowy o unikaniu podw贸jnego opodatkowania. W przypadku os贸b mieszkaj膮cych w Polsce b臋dzie to oczywi艣cie polska umowa o unikaniu podwojnego opodatkowania.

Mo偶liwo艣膰 korzystania z e-rezydencji, prosty proces rejestracji firmowej oraz przyjazne 艣rodowisko biznesowe to tylko niekt贸re z zalet, kt贸re mo偶esz znale藕膰 tutaj. W tym artykule om贸wimy wszystkie te aspekty i jeszcze wi臋cej.

馃嚜馃嚜馃嚨馃嚤 ZAREJESTRUJ FIRM臉 W ESTONII

Firma w Estoni czy Sp贸艂ka w Estonii?

Oto jest pytanie.聽 99% klient贸w, z kt贸rymi mam do czynienia decyduje si臋 na otworzenie sp贸艂ki z o o. w Estonii.聽 1% klient贸w zadaje pytania w stylu:

Drogi Panie, a czy jak za艂o偶e jednoosobow膮 dzia艂alno艣膰 gospodarcz膮 w Estonii to czy w Polsce b臋d臋 p艂aci艂 ZUS?A czy b臋de m贸g艂 zoptymalizowa膰 ZUS? A czy firma w Estonii daje prawo do emerytury [g艂odowej]? A czy maj膮c firm臋 jednoosobow膮 w Estonii to ja b臋de m贸g艂 podej艣c do lekarza , 偶eby wypisa艂 mi skierowanie na badania?

Odpowiadam: NIE WIEM
Uzasadnienie:聽 聽Zajmuje si臋 w 99% przypadkach osobami prawnymi i prawem esto艅skim i nie mam mo偶liwo艣ci czasowych aby 艣ledzi膰 zmiany prawa w Polsce.

  1. Wybierz rodzaj firmy: Na pocz膮tku musisz okre艣li膰 rodzaj swojej przysz艂ej firmy. Mo偶e to by膰 sp贸艂ka w Estonii – taka jak spolka z o.o. (O脺) lub jednoosobowa dzia艂alno艣膰 gospodarcza (FIE) – z zastrze偶eniem, 偶e form臋 FIE preferujemy wy艂膮cznie dla os贸b z miejscem zamieszkania w Estonii.

  2. Zarejestruj firm臋 w Estonii:聽 Nast臋pnie musisz zarejestrowa膰 swoj膮 firm臋 w Esto艅skim Rejestrze RIK (脛riregister). Wype艂nij odpowiednie dokumenty i op艂a膰 op艂at臋 rejestracyjn膮 – alternatywa – zakup gotow膮 sp贸艂k臋 w Estonii.

  3. Otw贸rz konto bankowe dla estonskiej firmy:聽Kolejnym krokiem b臋dzie otwarcie konta bankowego dla Twojej nowo utworzonej firmy – Swedbank AS, LHV PANK,聽 WISE albo Revolut.

  4. Uzyskaj identyfikator podatkowy: Po otwarciu konta bankowego otrzymasz identyfikator podatkowy dla twojej firmy od esto艅skiego Urz臋du Skarbowego (EMTA)

  5. Op艂a膰 kapita艂 zak艂adowy: W przypadku sp贸艂ki z ograniczon膮 odpowiedzialno艣ci膮 (O脺) musisz wp艂aci膰 minimalny kapita艂 zak艂adowy w wysoko艣ci 1 eurocenta.

  6. Zarejestruj si臋 jako podatnik VAT: Je艣li planujesz prowadzi膰 dzia艂alno艣膰, kt贸ra podlega opodatkowaniu VAT, musisz zarejestrowa膰 si臋 jako podatnik VAT w Estonii.

  7. Zatrudnij ksi臋gowego: Prowadzenie rachunkowo艣ci i rozliczanie podatk贸w mo偶e by膰 skomplikowane. Warto zatrudni膰 profesjonalnego ksi臋gowego, kt贸ry pomo偶e Ci w tym procesie.

馃嚜馃嚜馃嚨馃嚤 ZAREJESTRUJ FIRM臉 W ESTONII

Korzy艣ci z za艂o偶enia firmy w Estonii

Za艂o偶enie firmy w Estonii mo偶e przynie艣膰 wiele korzy艣ci, kt贸re przedstawiamy poni偶ej:

  • E-rezydencja: Estonia oferuje program e-rezydencji dla przedsi臋biorc贸w zagranicznych. Dzi臋ki temu mo偶esz zdalnie zarz膮dza膰 swoj膮 firm膮 i korzysta膰 z us艂ug bankowych online.

  • Niskie koszty prowadzenia dzia艂alno艣ci: Estonia jest znana ze stosunkowo niskich koszt贸w prowadzenia dzia艂alno艣ci gospodarczej – Stawka podatku dochodowego to 20%, ale Estonia oferuje odroczenie zap艂aty podatku do momentu wyp艂aty dywidendy – tak jakby podatek 0% – nie ma wyp艂aty dywidendy – nie ma zap艂aty podatku.

  • Przyjazne 艣rodowisko biznesowe: Estonia jest uznawana za jedno z najbardziej przyjaznych 艣rodowisk biznesowych na 艣wiecie. Proces rejestracji firmy jest prosty, a administracja pa艅stwowa dzia艂a sprawnie, czego dowodem jest b艂yskawiczny kontakt z tutejszym urz臋dem skarbowym – Rekord to czas oczekiwania na certyfikat rezydencji – 3 godziny!

  • Wsparcie dla start-up贸w i granty- Estonia s艂ynie z innowacyjno艣ci i rozwini臋tej infrastruktury technologicznej. Mo偶esz skorzysta膰 z nowoczesnych rozwi膮za艅 technologicznych do prowadzenia swojej firmy, a tak偶e sfinansowa膰 dzia艂alnosc za pomoc膮 grant贸w o kt贸rych wi臋cej tutaj聽

Nasza firma jest cz艂onkiem e-Residency Marketplace zatwierdzony przez EAS.

e-Residency Marketplace

 

 

 

馃嚜馃嚜馃嚨馃嚤 ZAREJESTRUJ FIRM臉 W ESTONII

Rejestracja firmy w Estonii na 3 sposoby

Jak zarejestrowa膰 sp贸艂k臋 w Estonii? Przez internet czy przez notariusza? A mo偶e odwiedzi膰 艣redniowieczny Tallinn i zwiedzi膰 stare miasto? Poni偶ej przestawiamy formy rejestracji oraz ich charakterystyk臋.

Forma rejestracji Charakterystyka

Za pomoc膮 karty e-Residency

Aplikacja o kart臋 esto艅sk膮 trwa od 3 do 8 tygodni i proces zwi膮zany jest z wype艂nieniem formularza aplikacyjnego tutaj. Nast臋pnie kart臋 trzeba odebra膰 w ambasadzie w Warszawie przy ul. Karwi艅skiej 1 – link do strony ambasady. 馃彚

Wizyta w Tallinnie

Przed przyjazdem prosz臋 um贸wi膰 si臋 z nami na spotkanie – wcze艣niej potwierdzimy mo偶liwo艣膰 wizyty u notariusza – a nast臋pnie zaprosimy Pa艅stwa na spotkanie, po kt贸rym to zarejestruj膮 Pa艅stwo firm臋 w Estonii – o ile taka forma b臋dzie mo偶liwa – preferujemy raczej za艂o偶enie sp贸艂ki za pomoc膮 metody pierwszej lub trzeciej. 馃彚

Pe艂nomocnictwo [metoda zdalna]

Za艂o偶enie sp贸艂ki w Estonii przez pe艂nomocnictwo notarialne (POA) udzielone naszemu pracownikowi, z kt贸rego b臋dzie wynika艂o, 偶e mo偶emy reprezentowa膰 dyrektora i udzia艂owca. Pe艂nomocnictwo notarialne musi by膰 udzielone bezpo艣rednio w Kancelarii Notarialnej, i je艣li b臋dzie to na terytorium RP – nie trzeba uzyskiwa膰 klauzuli Apostille – wystarczy akt pe艂nomocnictwa. Nast臋pnie po wys艂aniu do nas orygina艂u – przekazujemy dokument t艂umaczowi przysi臋g艂emu, kt贸ry sporz膮dza papierowe lub elektroniczne t艂umaczenie. 馃搮

馃嚜馃嚜馃嚨馃嚤 REJESTRUJ SP脫艁K臉 W ESTONII

Ambasada Esto艅ska w Polsce – gdzie jest i po co jest?

Ambasada Estonii znajduje si臋 w Warszawie przy ul. Karwi艅skiej 1.聽 Pan Margus Tsahkna jest Ministrem Spraw Zagranicznych Republiki Esto艅skiej od dnia 17 kwietnia 2023 r.聽 Pewnie wielu z Pa艅stwa zechce odwiedzi膰 ten budynek, ale w jakim celu? Ot贸偶 w celu odebrania fizycznej karty e-Residency.聽 Podczas odbioru karty trzeba z艂o偶y膰 odciski palca tak jak jest to przy odbiorze paszportu.

Ambasada Estonii w Warszawie

Ile trwa za艂o偶enie firmy?

Polscy klienci pytaj膮 nas ile trwa za艂o偶enie firmy w Estonii.聽 Nie jest 艂atwo odpowiedzie膰 na to pytanie.聽 To zale偶y od wielu czynnik贸w, np. czy firma jest rejestrowana za pomoc膮 karty e-Rezydenta czy te偶 za pomoc膮 notariusza.聽 聽Poni偶ej prezentujemy przybli偶ony czas za艂o偶enia sp贸艂ki w Estonii.

Ile kosztuje za艂o偶enie firmy w Estonii? 馃嚜馃嚜

Za艂o偶enie firmy w Estonii nie kosztuje du偶o pieni臋dzy.聽 聽Na koszt rejestracji sk艂adaj膮 si臋 2 op艂aty:聽 op艂ata skarbowa – administracyjna , kt贸ra trafia do rejestru RIK oraz op艂ata dla Eesti Consulting za adres rejestrowy (Legal Address) oraz us艂ug臋 Contact Person.

Typ Za艂o偶enia Koszt Ile trwa zalozenie?
Za艂o偶enie firmy z kart膮 e-Residency 234鈧 (op艂ata za za艂o偶enie) + 265鈧 (op艂ata skarbowa) 馃彚 3 godziny
Rejestracja u notariusza Oko艂o 1200鈧 馃彚 7-14 dni
Zakup gotowej sp贸艂ki z numerem VAT EU Oko艂o 2000鈧 馃彚 3-5 dni

 

Co jest uj臋te w cenie rejestracji sp贸艂ki?

馃殌 Szybki Start 鈥 Za艂贸偶 firm臋 w Estonii w 3 dni w 1 dzie艅 鈥 Wype艂nij formularz tutaj lub porozmawiaj online, aby dowiedzie膰 si臋 wi臋cej na temat rejestracji firmy w Estonii

馃挵 Za艂贸偶 Konto Bankowe 鈥 Otrzymaj dokumenty korporacyjne od Eesti i Otw贸rz konto bankowe w Estonii 100鈧 0鈧

鈿栵笍 Darmowa porada 鈥 Zapytaj o kwestie podatkowe lub prawne podczas zak艂adania firmy w Estonii 鈥 0鈧

馃搫 Certyfikat rezydencji podatkowej

馃 Otrzymaj do 1000鈧 na start-up 鈥 Eesti poka偶e Ci, jak zdoby膰 dotacj臋 od UE na rejestracj臋 znaku towarowego w Estonii lub UE (zmniejsz op艂at臋 pa艅stwow膮 o 625鈧 鈥 przeczytaj wi臋cej na blogu e-Residency)

馃嚜馃嚜馃嚨馃嚤 ZAREJESTRUJ FIRM臉 W ESTONII

Ksi臋gowo艣膰 sp贸艂ki w Estonii

Polecamy wszystkim naszym klientom korzystanie ze sprawdzonego programu do fakturowania, kt贸ry zosta艂 wyprodukowany w Estonii oraz jest na bie偶膮co aktualizowany

 

Smart Accounts - program ksi臋gowy


Smart Accounts to oprogramowanie, kt贸re wspiera zar贸wno p艂atnik贸w VAT jak i firmy, kt贸re s膮 zwolnione z VAT-u z uwagi na obroty poni偶ej progu wej艣cia do VAT. Ceny subskrypcji zaczynaj膮 si臋 ju偶 od 5 EUR, lecz polecamy Pa艅stwu pakiet “Smart Prepaid” , je艣li sp贸艂ka ma ma艂o transakcji

 

Rezydencja podatkowa w Estonii

I nie chodzi tutaj o zmian臋 rezydencji podatkowej osoby fizycznej.聽 聽Dostajemy mn贸stwo zapyta艅 w poni偶szym stylu:

Chc臋 zmieni膰 rezydencj臋 podatkow膮 – jak to zrobi膰?

Jak zmieni膰 polsk膮 rezydencj臋 podatkow膮?

Odpowiadam:聽 聽Wyprowad藕 si臋 i to nie sam, ale z rodzin膮 poza polski kraj! 馃嚨馃嚤

W niniejszym artykule nie b臋de rozpisywa艂 si臋 na temat rezydencji podatkowej osoby fizycznej, ale za to rozwin臋 temat rezydencji podatkowej osoby prawnej.聽 Jak wygl膮da sytuacja rezydencji podatkowej w Estonii i dlaczego Estonia jest nietypowym krajem wraz z s膮siedni膮 Litw膮馃嚤馃嚬 oraz 艁otw膮馃嚤馃嚮?

Certyfikat Rezydencji w Estonii- wzor

Rezydencja podatkowa osoby prawnej jest zdefiniowana w Ustawie o podatku dochodowym w Estonii – oto bezpo艣redni link do ustawy tutaj

鈥溌 6 (2) A legal person is a resident if it is established pursuant to Estonian law鈥

Je偶eli zarejestrujemy spo艂ke w Estonii – na podstawie powyzszego paragrafu sp贸艂ka traktowana jest jako rezydent podatkowy w Estonii . Zaraz po rejestracji jestesmy w stanie pomoc Panstwu otrzymac certyfikat rezydencji podatkowej .

W Polsce jeste艣my przyzwyczajeni do innej definicji rezydenta, kt贸ra zawiera si臋 w art. 3 ust. 1 ustawy o CIT. Cytuj膮c ustaw臋 mamy:

Podatnicy, je偶eli maj膮 siedzib臋 lub zarz膮d na terytorium Rzeczypospolitej Polskiej, podlegaj膮 obowi膮zkowi podatkowemu od ca艂o艣ci swoich dochod贸w, bez wzgl臋du na miejsce ich osi膮gania.

W Polsce przepisy szerzej zakre艣laj膮 rezydencj臋 podatkow膮, w Estonii jest to to kryterium miejsca rejestracji. W przypadku, gdy dochodzi do kolizji prawnej – to znaczy Estonia uznaje sp贸艂k臋 X za rezydencja podatkowego oraz Polska uznaje X za rezydenta podatkowego – znajdzie zastosowanie bilateralna umowa o unikaniu podw贸jnego opodatkowania pomi臋dzy Polsk膮 a Estoni膮

Rozwi膮zanie znajdzie si臋 w art. 4 tejze Umowy “Miejsce zamieszkania lub siedziba”. Przepis ten mowi nam,ze “osoba maj膮ca miejsce zamieszkania lub siedzib臋 w Umawiaj膮cym si臋 Pa艅stwie” oznacza ka偶d膮 osob臋, kt贸ra zgodnie z prawem tego Pa艅stwa podlega tam opodatkowaniu z uwagi na miejsce zamieszkania, miejsce sta艂ego pobytu, siedzib臋 zarz膮du, miejsce rejestracji albo inne kryterium o podobnym charakterze鈥.

Wszystko rozwi膮zac powinien nam art. 3, kt贸rego literalne brzmienie to:

鈥淛e偶eli, stosownie do postanowie艅 ust臋pu 1, osoba nie b臋d膮ca osob膮 fizyczn膮 ma siedzib臋 w obu Umawiaj膮cych si臋 Pa艅stwach, to uwa偶a si臋 j膮 za maj膮c膮 siedzib臋 w tym Umawiaj膮cym si臋 Pa艅stwie, z kt贸rego prawa wywodzi si臋 jej status.鈥

Eesti Consulting zaznacza, ze w/w informacje nie s膮 doradztwem podatkowym i s膮 to og贸lne informacje wynikaj膮ce z Ustawy Esto艅skich, Polskich oraz um贸w bilateralnych i jesli klient je stosuje, robi to na w艂asn膮 odpowiedzialno艣c. Dodajemy,ze nasza oferta przeznaczona jest dla kancelarii prawnych, doradcow podatkowych, ktorzy to oferuja klientowi swoje rozwiazania po uprzedniej weryfikacji stanu prawnego.

Zak艂adanie sp贸艂ek w Estonii powinno miec zdecydowan膮 motywacj臋 biznesow膮 -a wi臋c powinno si臋 miec uzasadnienie gospodarcze. Prowadzenie biznesu pod sp贸艂k膮 Esto艅sk膮, gdzie sta艂e miejsce dzia艂alno艣ci jest w Polsce – jest abuzywne i stanowi naruszenie prawa.

Nasza firma nie oferuje 偶adnych rozwi膮za艅 podatkowych.聽 Zapraszamy do zapozniania si臋 z artyku艂em eksperta – Pawe艂 Krok na portalu INFOR.pl , kt贸ry w 2023 roku by艂 respondentem ankiety przeprowadzonej przez bank 艣wiatowy WORLDBANK – projekt B-READY.

 

Podatki w Estonii

Esto艅ski CIT – czym to si臋 je?

Esto艅ski CIT 0% w Estonii [Nie w Polsce 馃嚨馃嚤]聽 polega na tym , 偶e jakiekolwiek zyski osi膮gni臋te przez sp贸艂k臋 na przestrzeni roku podatkowego s膮 odroczone z podatku dochodowego dop贸ki nie nast膮pi wyp艂ata dywidendy.
Nie ma tutaj 偶adnych ogranicze艅 i wy艂膮cze艅. Odroczenie to dotyczy zar贸wno aktywnych 藕r贸de艂 przychodu ( Zyski przedsi臋biorstw – dzia艂alno艣膰 operacyjna firmy) jak i pasywnych ( w tym odsetki, dywidendy i nale偶no艣ci licencyjne). Warunkiem, 偶eby skorzysta膰 z tego zwolnienia jest posiadanie zarejestrowanej sp贸艂ki w Estonii oraz podj臋cie uchwa艂y o przeniesieniu zysk贸w operacyjnych na kolejny rok obrachunkowy oraz rezygnacja z wyp艂aty dywidendy.

 

Stawka podatkowa Warunki
0% * * Odroczenie z podatku dochodowego do momentu wyp艂aty dywidendy
20% Podstawowa stawka podatkowa od os贸b prawnych
14% Specjalna obni偶ona stawka podatku dochodowego od os贸b prawnych , kt贸re regularnie wyp艂acaj膮 dywidendy

 

 

Komentarz Eesti Consulting

Nie trudno o uzasadnienie takiego zapisu – skoro zwolnienie podatkowe przys艂uguje sp贸艂kom esto艅skim oraz zak艂adom – wiele podmiot贸w mog艂oby si臋 pokusi膰 o transfer aktyw贸w do innych kraj贸w – bo np. w Estonii jest zak艂ad jakiej艣 sp贸艂ki zagranicznej, a w innym kraju jest w艂a艣ciwy podmiot. Spotkali艣my si臋 przy okazji wykonywania rozlicze艅 rocznych z praktyk膮 brak贸w faktur zakupu za niekt贸re us艂ugi, kt贸re naszym zdaniem by艂y w膮tpliwe – tzn. w zupe艂no艣ci nie by艂y zwi膮zane z prowadzonym przedmiotem dzia艂alno艣ci. W naszej opinii sp贸艂ka wtedy musi opodatkowa膰 podatkiem dochodowym zyski w cz臋艣ci, w kt贸rej brak jest zwi膮zku koszt贸w z dzia艂alno艣ci膮.

 

Podatek VAT w Estonii w 2024 roku

 

Stawka VAT Opis
22% Wiekszosc towarow i uslug w Estonii (22% Od 1 stycznia 2024, Estonia podwy偶sza standardow膮 stawk臋 VAT z 20% do 22%
9% Stawka obni偶ona ma zastosowanie g艂贸wnie do sprzedazy ksi膮偶ek, gazet, us艂ug zakwaterowania oraz medykament贸w.
0% Sprzeda偶 unijna na zasadzie INTRASTAT, transport mi臋dzynarodowy, lotniczy ,strefy bezc艂owe

Limity wej艣cia na obowi膮zkowy VAT聽

Nie przekraczasz limitu – masz podmiotowe zwolnienie z podatku VAT , ale jest mn贸stwo pu艂apek,np. zakupy us艂ug z innych Pa艅stw UE. Tutaj sprawa wygl膮da tak, 偶e pomimo korzystania ze zwolnienia z podatku VAT – nale偶y odprowadzi膰 esto艅ski podatek VAT od zakupu us艂ug – np. je艣li zamawiasz us艂ug臋 reklamow膮 z Google AdWords z Irlandii!

 

Opis limitu Kwota
Sprzeda偶 towar贸w i us艂ug na terytorium Estonii 40,000 EUR
Akwizycja w przypadku towar贸w 10,000 EUR
Akwizycja w przypadku us艂ug 0 EUR

 

Nie dla ka偶dego firma w Estonii

Firma w Estonii nie jest dla ka偶dego. Je偶eli dzia艂alno艣膰 jest zwi膮zana z Polsk膮 i tutaj wykonuje si臋 dzia艂alno艣膰 operacyjn膮, nie zalecamy rejestracji sp贸艂ki w Estonii – gdy偶 takie dzia艂anie jest abuzywne i nieetyczne.

Jednak偶e swoj膮 ofert臋 kierujemy g艂贸wnie do doradc贸w podatkowych, radc贸w prawnych , a tak偶e specjalistycznych kancelarii, kt贸re zajmuj膮 si臋 oferowaniem rejestracji sp贸艂ek za granic膮 i jak wierzymy – zajmuj膮 si臋 tym profesjonalnie, dbaj膮c o dobro oraz interesy klienta.

By膰 mo偶e wielu z Pa艅stwa zechce zmieni膰 rezydencj臋 podatkow膮, przeprowadzaj膮c si臋 do Estonii z rodzin膮 na sta艂e. By膰 mo偶e wielu z Pa艅stwa mieszka ju偶 od wielu lat poza Polsk膮 i nie zapomnieli Pa艅stwo jeszcze j臋zyka polskiego.

By膰 mo偶e macie Pa艅stwo kontrahent贸w lub odbiorc贸w w Estonii i potrzebujecie Pa艅stwo za艂ozy膰 sp贸艂k臋 zale偶n膮 w Estonii, postawi膰 tutaj oddzia艂 polskiej sp贸艂ki z o.o. lub zaistniej膮 inne przes艂anki do rejestracji firmy w Estonii – tego nie wiemy.

 

Jednak偶e zapraszamy do wsp贸艂pracy z nasz膮 firm膮.

 

0% – podatek zerowy w Estonii – fake czy co?

Podstawowa stawka podatku dochodowego to 20%, a 0% to tzw. odroczenie podatku dochodowego. Zasada jest banalnie prosta. Nie p艂acisz podatku dochodowego je艣li nie wyp艂acisz dywidendy – podzia艂u z zysku sp贸艂ki. Zatem w przypadku firmy w Estonii, kt贸ra inwestuje – m贸wi si臋 tutaj potocznie, 偶e nie p艂aci podatku dochodowego.

Na koniec prezentujemy stawki podatku dochodowego na ca艂ym 艣wiecie

馃嚜馃嚜馃嚨馃嚤 ZAREJESTRUJ FIRM臉 W ESTONII

Jak dojecha膰 do Estonii z Polski?

Samolotem – Najprostszym sposobem jest skorzystanie z po艂膮cze艅 lotniczych, kt贸re 艂膮cz膮 Polsk臋 z Estoni膮. Loty s膮 obs艂ugiwane z kilku miast, takich jak Warszawa, Krak贸w, Gda艅sk czy Wroc艂aw, do Tallinna (Linie Lotnicze lot)

Autobusem – Istniej膮 bezpo艣rednie po艂膮czenia autobusowe mi臋dzy Polsk膮 a Estoni膮, zar贸wno z Polski do Tallinna, jak i do innych miast w Estonii. Przyk艂ady to PolskiBus, Lux Express czy Ecolines.

Poci膮giem – Mo偶na dotrze膰 do Estonii r贸wnie偶 poci膮giem, jednak wymaga to kilku przesiadek. Po艂膮czenia kolejowe mi臋dzy Polsk膮 a Estoni膮 s膮 obs艂ugiwane przez przewo藕nik贸w takich jak PKP Intercity, Lietuvos Gele啪inkeliai, czy Eesti Raudtee.

Samochodem – Mo偶na r贸wnie偶 dotrze膰 do Estonii samochodem, jednak nale偶y wzi膮膰 pod uwag臋 d艂ugi czas podr贸偶y i koszty zwi膮zane z przejazdem promem mi臋dzy Polsk膮 a Estoni膮, kt贸ry jest konieczny do przekroczenia Zatoki Fi艅skiej.

 

J臋zyk Esto艅ski , czyli Tere Hommikust 馃檪

Oficjalnym j臋zykiem w Estonii jest j臋zyk esto艅ski, kt贸rym pos艂uguje si臋 wi臋kszo艣膰 ludno艣ci. J臋zyk esto艅ski jest ugrofi艅skim j臋zykiem, co oznacza, 偶e jest spokrewniony z j臋zykami fi艅skim, w臋gierskim i niekt贸rymi j臋zykami rdzennej ludno艣ci Syberii. Ponadto, w Estonii u偶ywane s膮 r贸wnie偶 inne j臋zyki, w tym j臋zyk rosyjski, kt贸ry jest drugim najcz臋艣ciej u偶ywanym j臋zykiem w kraju. Inne j臋zyki, kt贸re s膮 obecne w Estonii, to j臋zyki angielski, niemiecki, fi艅ski i szwedzki. W turystycznych miejscach mo偶na r贸wnie偶 spotka膰 osoby m贸wi膮ce w innych j臋zykach, takich jak francuski, w艂oski, hiszpa艅ski czy chi艅ski.

 

馃嚜馃嚜馃嚨馃嚤 ZAREJESTRUJ FIRM臉 W ESTONII

Konto bankowe dla firmy w Estonii

Otrzymujemy wiele zapyta艅:聽 W jaki spos贸b otworzy膰 konto bankowe poza Polsk膮? Jak oworzy膰 konto bankowe dla firmy zagranicznej w Polsce? Czy uda si臋 nam za艂o偶y膰 konto bankowe w Revolut dla sp贸艂ki w Estonii? A dlaczego WISE wstrzyma艂o przyjmowanie aplikacji o konto biznesowe? A dlaczego ja musz臋 jecha膰 a偶 2 razy do Estonii, 偶eby otworzy膰 tam konto bankowe, kt贸re przecie偶 po 6 miesi膮cach mog膮 mi zablokowa膰? Panie Pawle, a dlaczego otworzenie konta w Estonii tyle trwa? A Bo Mirek powiedzia艂 mi , 偶e mu odm贸wili , bo nie mia艂 klient贸w w Estonii. A bo Pani Renata w LHV ju偶 by艂a i z niczym wr贸ci艂a. Co jest grane z tymi kontami bankowymi w EST?

Odpowiadam:聽 NIE WIEM.

Uzasadnienie:聽 聽Nie znam stanu faktycznego sprawy i Twoich potrzeb biznesowych.聽 聽Mam zatem kilka sprawdzonych kont bankowych oraz bramek p艂atniczych do przyjmowania p艂atno艣ci , kt贸re sprawdzaj膮 si臋 艣wietnie.聽 Ch臋tnie doradz臋 w procesie otworzenia konta bankowego dla firmy z Estonii.

Open WISE Bank Account

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  • Monthly maintenance fee 鈥 0 鈧
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  • Accepting card payments and payments in online stores
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Rejestracja do VAT w Estonii


Rejestracja do VAT w Estonii przebiega bezproblemowo i zajmuje od 3 do 5 dni roboczych. Formularz rejestracji do VAT znajduje si臋 pod linkiem – VAT Registration.聽 聽 聽 聽

Najwa偶niejsze szczeg贸艂y, kt贸re bierze pod uwag臋 esto艅ski EMTA przy wydaniu numeru VAT EE

Czy sp贸艂ka ma kontrahent贸w na terytorium Estonii?

Kontakt z urz臋dem podatkowym w Estonii jest bardzo przyjemny , gdy偶 to bardzo ma艂y kraj i wszystko odbywa si臋 przez poczt臋 elektroniczn膮. Poni偶ej przedstawiam kilka przyk艂ad贸w kiedy sp贸艂ka otrzyma VAT, a kiedy mo偶e spotka膰 si臋 z odmow膮. Dla klient贸w, kt贸rzy chc膮 pomin膮膰 procedur臋 do rejestracji do VAT , zach臋camy wej艣膰 do zak艂adki gotowe sp贸艂ki – lecz oferta naszej firmy jest w jezyku angielskim.



Sp贸艂ka esto艅ska X dokonuje sprzedazy towar贸w z Norwegii do Szwecji . Wszystko odbywa si臋 poza Estoni膮.

Tutaj absolutnie sp贸艂ka dostanie odmow臋 zarejestrowania do VAT


Sp贸艂ka esto艅ska Y dokonuje sprzeda偶y us艂ug do klient贸w biznesowych oraz zakupuje us艂ugi marketingowe od esto艅skiego podmiotu

Sp贸艂ka prawdopodobnie po zweryfikowaniu stanu faktycznego otrzymania numer VAT EE




Gdzie wyrobi膰 kart臋 e-Residency i ile to trwa?

Wejd藕 na stron臋 https://apply.gov.ee/ oraz uzupe艂nij wszystkie pola swoimi danymi osobowymi. Nie zapomnij do艂膮czy膰 wysokiej jako艣ci zdj臋cia do dokumentu oraz informacji dodatkowych takich jak profil LinkedIN , FB lub CV, kt贸re poka偶e Twoje kwalifikacje i do艣wiadczenie zawodowe. Oczekuj na zatwierdzenie Twojej aplikacji , a po 3-8 tygodniach odbierz j膮 z warszawskiej Ambasady przy ul. Karwi艅skiej 1 i zg艂o艣 si臋 do firmy, kt贸ra pomo偶e Ci zarejestrowa膰 firm臋 w Estonii

Zarejestruj firm臋 w Estonii 馃嚜馃嚜馃嚨馃嚤

Useful Links

Name Link
Ambasada Estonii w Warszawie Estonian Embassy in Warsaw
Ambasada RP Polska w Tallinnie Polish Embassy in Tallinn
Commercial Register (Sad Rejestrowy w Estonii) Estonian Commercial Register
Urz膮d Skarbowy Estonia (EMTA) Estonian Tax and Customs Board (EMTA)

 

 

 

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Payment institution Lithuania

Payment institution in Lithuania

Payment institutions are like special banks 馃捈 that help people and businesses send and receive money 馃捀. They need permission 馃摐 from financial leaders to work. They can help you transfer money 馃挼, change currencies 馃實, or use electronic money 馃摬. They also have tools 馃洜锔 to stop fraud and manage data 馃捊. These institutions are great for quick online payments 馃捇 and help those who don’t use regular banks 馃彟.

馃挸 Set up payment institution in Lithuania with Eesti Consulting

馃 Payment institution or EMI License called?

The electronic money institution, often referred to as an EMI license or E-money license 馃挸, is a regulated financial institution designed to offer services connected to electronic money and payments. Holding the full E-Money license means there’s no expiry date and no restriction on the type of activity. When a company secures a license as an electronic money institution in Lithuania 馃嚤馃嚬, it gains the freedom to serve across the European Economic Area (EEA) without needing extra approvals in other EU nations. In essence, once licensed in Lithuania, the institution can expand its services to other EEA countries by opening branches there 馃實.

Services that need a license in Lithuania 馃嚤馃嚬

馃敼 Depositing money into a payment account and managing that account.

馃敼 Withdrawing cash from a payment account and all related tasks to manage that account.

馃敼 Carrying out payment tasks, like transferring funds between different accounts, whether they’re with the same provider or a different one. This includes one-time payments, using payment cards, or setting up regular transfers.

馃敼 Completing payment activities where the user has a credit line. This encompasses direct one-off charges, transactions via payment cards, or setting up repeated transfers.

馃敼 Giving out or receiving payment tools.

馃敼 Managing money transfers.

馃敼 Handling payments where users approve transactions using phones, computers, or other digital devices. The tech or telecom company only acts as a go-between, connecting the seller of a product or service with the buyer.

Share Capital Requirements for EMI, PSP, and E-Money Licenses” 馃搱

Share capitalConditions
>= 20 000 鈧 Not less than EUR 20,000 if the payment institution intends to provide only money transfer services 鈥 transfers 鈥 鈥渕oney transfer services鈥
>= 50 000鈧Not less than EUR 50,000 if the institution intends to provide payment initiation services
>= 125 00 鈧 Not less than EUR 125,000 if the institution will provide services from the following catalog*
  • 馃彟 “Service allowing money deposits into a payment account and all necessary operations to manage it.”
  • 馃挼 “Service that facilitates cash withdrawals from a payment account and all essential tasks to run that account.”
  • 馃攧 “Payment activities, which include fund transfers to accounts either within the same institution or to another payment service provider. This covers direct debits, transactions via payment cards, and setting up regular transfers.”
  • 馃挸 “Transactions where the money comes from a user’s credit line. This includes one-time direct debits, card transactions, and regular transfers.”
  • 馃泹锔 “Issuing or acquiring payment tools and handling payment transactions.


Authorization Process for Payment License in Lithuania” 馃嚤馃嚬馃摐

The Bank of Lithuania 馃彟 takes an open approach to authorising payment institutions and other entities, initiating the journey even before the formal application lands on their desk. For those considering obtaining a license, the Bank advocates for early engagement 馃搯, offering a platform to understand which financial activities necessitate licensing. Early discussions set the stage for a comprehensive understanding of the roadmap ahead – detailing procedural steps 馃搵, critical requirements, potential challenges, and the Bank’s expectations 馃幆.

The heart 鉂わ笍 of the authorization procedure is the submission of an application to the Bank’s Supervision Service. This step is accompanied by a rigorous review 馃 of the submitted materials. Although the aim is to conclude this review within a three-month window 鈴, the need for supplemental data or documentation might necessitate additional time. Once the assessment reaches its conclusion, the Bank of Lithuania’s Board takes the reins, deciding the fate of the application – to grant the coveted license 馃摐 or not.

Step-by-Step Guide to Obtaining an EU E-Money License in Lithuania” 馃嚜馃嚭馃摐馃嚤馃嚬

STEP 1锔忊儯 COMPANY REGISTRATION

  • Certificate of incorporation
  • Power of attorney ( notarial deed)
  • Register of shareholders
  • Drafting of the articles of association
  • Beneficial owners list
  • Technical documentation of new fintech company
  • Company income statement over the last few years
  • UBO income statement for the last few years
  • Directors of the company
  • CV and professional experience
  • AML certificates
  • Current procedures regarding company wallet accounts

STEP 2锔忊儯 FILLING OUT APPLICATIONS

  • Fintech business plan
  • Company organizational structure
  • IT security 鈥 schemes
  • Financial forecasts in the form of schametes

STEP 3锔忊儯:聽FINANCIAL DOCUMENTS

  • Opening a bank account
  • Registration for VAT
  • Contract for accounting and financial statements
  • AML KYC CTS training
  • Risk management
  • Meeting with bank representatives

11 Advantages of Obtaining a PSP License in Lithuania” 馃嚤馃嚬馃攽

1锔忊儯 Welcoming Non-Residents 馃實: Lithuania doesn’t mandate the company’s management board to be its residents.

2锔忊儯 Post-License Company Registration 馃摐鈴笍馃彚: Begin forming your company only after securing the license.

3锔忊儯 License First 馃摑: Submit the license application even before company establishment.

4锔忊儯 English Proficiency 馃嚞馃嚙: Documentation can be prepared entirely in English.

5锔忊儯 IBAN Access 馃寪: Customers enjoy access to the IBAN system, receiving their own IBAN accounts.

6锔忊儯 PSD2 Ready 馃敆: Embrace PSD2 to offer payment initiation service (PIS) and account information service (AIS).

7锔忊儯 Remote KYC & AML 馃枼锔忊渽: Use advanced tech for remote customer verification, like the systems used by Paysera or Mistertango.

8锔忊儯 SEPA Access 馃挾: Direct entry into the single payment area in EUR within the SEPA framework.

9锔忊儯 EU Gateway 馃毆馃嚜馃嚭: Operate across the European Union with a single Lithuanian-issued license. Fun fact: Google has a license from Lithuania!

馃敓 Grace Period for Newbies 鈿栵笍馃毇: No financial penalties during the first year for minor infringements by new businesses in the regulated sector.


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Company Liquidation with e-Residency Card

E-Residency in Estonia Statistics [2023]

E-Residency Statistics from Estonia [2023]

E-Resident is an individual from a foreign country whose request for e-residency has been sanctioned by the Estonian Police and Border Guard Board, signifying the approval of an e-resident’s digital identity card. The status of an e-resident remains unaffected even after the expiration of the digital ID card

Company Liquidation with e-Residency Card
Design of e-Residency Card – Front Side

E-Residents Paid about 40M 鈧 Taxes

In the initial half of 2023, businesses owned by Estonian e-residents contributed聽37.7 million euros聽in tax revenue, marking a聽57% growth聽from the previous year. The e-Residency program has, to date, generated a total economic impact of聽183 million euros for Estonia.聽 聽Start company in Estonia with few clicks.

109,000 E-Residents In 2024 馃挸

Estonia boasts over 109,000 e-residents, with more than 28,500 Estonian companies established by them. In November 2023 alone, there were 1,240 new e-residency applications and 362 new Estonian companies formed by e-residents. The e-Residency Marketplace features 130+ global service providers.

Number of e-Residents
Source: https://www.e-resident.gov.ee/

TOP 10 e-Residency Countries

In terms of Estonian e-residency interest, 馃嚭馃嚘 Ukraine leads with 6,778 applications, followed closely by 馃嚛馃嚜 Germany with 6,499 and 馃嚝馃嚠 Finland with 6,037 applications. 馃嚪馃嚭 Russia and 馃嚜馃嚫 Spain also show significant interest, with 5,771 and 5,431 applications, respectively.聽 Open e-Residency company in Estonia.

The List of Countries with e-Residency Card
Source: https://www.e-resident.gov.ee/

E-Residents Application 2014-2020

Companies launched by e-Residents 2014-2020

Companies founded by e-Residents

The Advantages of e-Residency Card 馃嚜馃嚜

 

E-Residency Card Advantages
Tallinn in Estonia – Aerial View

Have you ever thought about applying for an e-Residency card? Please read carefully this post and discover the advantages of the Estonian e-ID card. 馃挕

Imagine two scenarios: 馃實

Martin does not have an e-Residency card. He needs to travel to a notary public in Tallinn in order to incorporate an Estonian company as a holding company. He needs to visit the SWEDBANK branch and spend a lot of money on flights and accommodation. Robert is an e-Resident card holder. He can incorporate the company wholly online, remotely from home, and file statutory documents such as accounts, VAT returns, and others. It is essential to apply for an e-Residency card earlier due to waiting for approval by Police Border Guard. The statutory period for accepting your application is approximately 30 business days. 鈴 Martin will apply for a Trademark Registration soon.

Application for e-Residency Card in 5 steps 馃摑

  1. Fill out the application form and include a passport photo with the correct format and consistent with specifications. 馃搫
  2. Wait for a decision from the Police Border Guard in Estonia. 馃殦
  3. Receive an email confirmation about the granting of your e-ID card then apply for a聽Virtual Office. 馃摟 from Eesti Consulting
  4. Travel to the local Estonian Embassy in your home country to pick up your document. 馃寪
  5. Register a company in Estonia with Eesti Consulting and start the business soon. 馃捈

What Can You Do with e-Residency Card? 馃専

  1. Company formation in Estonia done fully remotely 馃彚
  2. Conclude agreements between you and other counterparties. 馃
  3. Connect and log in to the e-banking services securely with e-ID 鈥 do not be afraid of phishing attacks 鈥 stop hackers from taking over bank account馃實 Where to Pick Up e-Residency Card? 馃摝s. 馃敀
  4. Fulfill statutory duties with the e-ID card 鈥 for example, submit Annual Reports in Estonia (Profit & Loss, Balance Sheet) to RIK or do VAT Registration or file VAT returns to EMTA. 馃搱

 

Start Company in Estonia with EESTI CONSULTING! 馃憢

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Certified translations of Estonian documents

Our company offers specialized translation services from Estonian into other foreign languages.

Sworn translations concern translations from Estonian into:
– English
– German
– French
– Spanish language
– Italian language
– Finnish language
– Polish language

Our sworn translators have over years of experience, especially in legal translations. Usually, our translation orders concern translations of printouts from the commercial register – RIK, company agreements, lists of directors and shareholders, as well as translations of certificates of residence, corporate correspondence, as well as civil law contracts.

We also provide telephone and interpreting services, e.g. during visits to Estonian offices.

Sample Translations

  1. Certified translation of Article of Association from RIK Register
  2. Sworn translation of Extract from Commercial Register
  3. Sworn translation of Certificate of tax residency from Estonia

How and where to verify person, who is sworn translator?

  1. Chamber of Sworn Translators www.vandetolgid.ee
  2. Sworn Translators Act www.riigiteataja.ee

Permissions of sworn translators

  • Translate documents
  • Prepare certified copies or printouts of corporate documents they translate
  • they can also advise clients and arrange the authentication of documents to be translated or translations with an apostille
  • translate contracts, invoices and international agreements.

See our products concerning certified translation

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Crypto bank account

BANKING SOLUTIONS FOR CRYPTOCURRENCY BUSINESS

You鈥檝e heard that it鈥檚 difficult to open a bank account for cryptocurrency services. Today we will tell you how to start preparations for opening such an account. Customers who contact us say they are refused to set up an account. They set up companies in EU countries and then encounter difficulties in opening a bank account. Is it even possible to open such a bank account?

ACCOUNT TYPE FOR CRYPTO CLIENTS

HIGH STREET BANK It is crypto-friendly bank, who operates as traditional high street bank – financial institution PAYMENT SERVICE PROVIDER It operates under the E-Money License – it works like fintech apps – likes Revolut, Trasnferwise but it is crypto-friendly

OUR FEES

We will help you estabilish bank account or PSP service for your cryptocurrency business.

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Tax residency in Estonia

NATURAL PERSONS

A natural person is resident if one of the conditions is met: – the place of residence is in Estonia – the residence time in Estonia is at least 183 days per year

LEGAL PERSONS

A legal person is a resident of Estonia based on the place of registration of the company

搂 6. Resident (1) A natural person is a resident if his or her place of residence is in Estonia or if he or she stays in Estonia for at least 183 days over the course of a period of 12 consecutive calendar months. A person shall be deemed to be a resident as of the date of his or her arrival in Estonia. Estonian diplomats who are in foreign service are also residents. A resident natural person shall pay income tax on all income derived by him or her in Estonia and outside Estonia, regardless of whether the income is listed in 搂搂 13鈥22 or not. [RT I, 06.07.2012, 1 – entry into force 01.04.2013]

(2) A legal person is a resident if it is established pursuant to Estonian law. European public limited companies (SE) and European associations (SCE) whose seat is registered in Estonia are also residents. A resident legal person shall pay income tax on the objects of taxation prescribed in 搂搂 48鈥52 and withhold income tax from payments listed in 搂 41.

Source:聽 Income Tax Act Estonia – read full act here


ASK ABOUT TAX RESIDENCY

DOES THE E-RESIDENCE CARD AFFECT MY TAX RESIDENCE?

The e-Residence card has no effect on the residence. This is only a document that allows you to sign an electronic signature and correctly identify when setting up a company or operating a bank account. Thanks to the e-Residence card, we have access to the Estonian market.

CAN I GET THE CERTIFICATE OF TAX RESIDENCY SIGNED AND STAMPED BY REVENUE?

Yes 鈥 we offer this service. You can order a residence certificate with the official stamp and signature. You will need it when making payments to non-residents 鈥 e.g. if you avoid paying withholding tax in other countries.

WHICH TAXES ARE PAID BY NON-RESIDENT IN ESTONIA?

The non-resident pays taxes only on remuneration obtained from sources located in Estonia 鈥 e.g. if the workplace is in Estonia 鈥 the non-resident has a limited tax liability in Estonia, and unlimited in the country where he is a resident, e.g. in Poland or Germany.

DIRECTOR’S FEE FOR NON-RESIDENT

Director鈥檚 fee is taxed in the Estonia 鈥 is not important you are resident or non-resident. You need pay usually Income Tax in Estonia and social securities depending on your employment status. If you have other functions in other countries, you can present A-1 certificate and be exempt from the social security.

COMPANY HAS THE TAX RESIDENCY IN BOTH COUNTRIES (…)

It may turn out that a limited company (legal entity) will have a residence not only in Estonia, but also in another country. It is the agreements on the avoidance of double taxation that resolve the conflict of tax residence 鈥 and in particular Article 4.

I WILL CHANGE THE TAX RESIDENCY AS NATURAL PERSON – WHAT TO DO?

You need file the 鈥淩鈥 form and sent it to EMTA (Revenue) when you change the tax residency or leave the country. This notification of tax authorities is mandatory.

FEE FOR CERTIFICATE OF RESIDENCE

DISCLAIMER

Non-residents聽 have a limited tax liability in Estonia, only the Estonian-source income is taxed.

Thus, where by reason of the provisions of agreement between two countries who have concluded a convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income , a person is a resident of both contracting states,聽his status shall be determined according to article 4 of the tax treaty.
If the residency prescribed on the basis of an international agreement聽 differs from the residency prescribed pursuant to the Estonian Income Tax Act, the provisions of the international agreement apply.

NB! The foreign tax authorities could determine PE 鈥 permanent establishment 鈥 to be in their country. If the Estonian tax board recognizes during control that Estonian company created by e-resident is operating in a foreign country and should pay it鈥檚 taxes there,聽EMTA will share that information with other country鈥檚 tax authorities.

Not every business model is suitable for the Estonian company. Our employees will advise you on how to minimize international taxation risks.

EXAMPLE OF CERTIFICATE OF RESIDENCY AND TAX LIABILITY FROM ESTONIA

WHAT INFORMATION DOES THE CERTIFICATE CONTAIN?

The certificate of residence and tax liability is issued by Tax and Customs Board from Republic of Estonia called in Estonian 鈥淓esti Maksu- ja Tolliament鈥.

On the certificate of residence you can see the company name (鈥渘imi鈥), company number (鈥渞egistrikood鈥) and registered office address (鈥渁adress鈥). The Tax and Customs Board confirms that OU company is a resident of Estonia according to the Estonian Income Tax Act for the purposes of the Estonian income taxation.

Every valid certificate of residency from Estonia needs to be signed by officer and to be stamped.

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