Are high taxes eating up your startup’s profits? The search for lowest tax countries has never been more important for entrepreneurs looking to maximize their business potential!

We’ve researched the best jurisdictions globally where you can launch your company with minimal tax burden. Above all, Estonia stands out with its innovative 0-22% corporate tax system where you pay only when profits are distributed – allowing companies to reinvest earnings completely tax-free !

For entrepreneurs seeking countries with lowest corporate tax rates, the options are surprisingly diverse. Hong Kong operates a territorial system with rates between 0-16.5%, taxing only profits sourced locally while exempting foreign income . Additionally, Hungary offers a flat 9% rate – the lowest in the European Union . The UAE impresses with rates between 0-9%, while Qatar provides qualifying companies a renewable 20-year 0% tax holiday in its Free Zones .

What makes these jurisdictions even more attractive? Many offer significant perks beyond low rates! In Hong Kong, there’s no capital gains tax, no tax on dividends, and generally no withholding tax on interest . These benefits can dramatically reduce your startup’s overall tax burden.

Ready to join the thousands of savvy entrepreneurs who’ve already made the move to these tax-friendly destinations? Let’s explore the 17 best countries where you can launch your startup in 2026!

Estonia

_{Image Source: DW}

Estonia pioneered a revolutionary approach to business taxation with its “pay only when you distribute” system, making it one of the lowest tax countries in Europe.

Estonia Key Tax Information

Estonia ranks first in the International Tax Competitiveness Index for 11 consecutive years ^[1]. The primary reason? Zero corporate tax on reinvested profits. Companies pay the 22% corporate tax (increased from 20% in 2026) only when distributing profits as dividends ^[2]. This unique system encourages business growth by allowing unlimited tax-free reinvestment.

Furthermore, Estonia maintains:

• Standard VAT rate of 22% with registration required only after exceeding €40,000 annual turnover ^[2]
• Personal income tax rate of 22% (from 2025) ^[2]
• Social security contributions at 33% ^[2]
• Double taxation treaties with over 60 countries to prevent paying taxes twice ^[1]

Estonia Startup Incentives

Estonia’s digital infrastructure makes it a magnet for tech entrepreneurs. The country’s groundbreaking e-Residency program allows non-Estonians to establish and manage businesses entirely online ^[3]. Digital Nomad Visa holders can legally work from Estonia while enjoying its advanced digital ecosystem ^[4].

Notably, Estonia offers specialized support programs specifically designed for startups and e-resident businesses ^[5], providing access to a tech-savvy, English-speaking workforce ^[3].

Estonia Setup Requirements

Setting up a company in Estonia is remarkably straightforward. Indeed, the entire registration process can be completed online in just a few hours ^[5]. The minimum share capital requirement has been reduced to merely €0.01 per shareholder ^[6], with registration fees of approximately €265 ^[6].

Primarily, entrepreneurs choose the private limited company (OÜ) structure, which requires no physical presence in Estonia ^[6]. The e-Residency application costs €100-150 depending on pickup location ^[6].

Estonia Banking & Compliance

Estonia’s compliance requirements remain business-friendly. Companies must file annual reports consisting of accounts and management reports ^[5]. Monthly VAT returns are due by the 20th of the following month ^[1].

Essentially, Estonia offers entrepreneurs an unprecedented combination of minimal taxation, digital convenience, and EU market access, making it one of the most attractive lowest tax European countries for launching a startup in 2026.

Hong Kong

_{Image Source: Statrys}

Hong Kong attracts entrepreneurs worldwide with its business-friendly tax system, making it one of the countries with lowest corporate tax rates in Asia.

Hong Kong Key Tax Information

Hong Kong implements a territorial tax system with a two-tiered structure that particularly benefits startups:

• 8.25% on the first HK$2 million of assessable profits ^[7]
• 16.5% on profits exceeding HK$2 million ^[7]

Unlike many jurisdictions, Hong Kong doesn’t impose taxes on capital gains, dividends, or foreign-sourced income ^[8]. Moreover, the government regularly offers tax waivers, such as the 100% profits tax waiver (capped at HK$3,000) for 2023/24 ^[7]. This structure creates substantial tax savings—a company earning HK$3.5 million would save approximately HK$165,000 compared to the standard flat rate ^[7].

Hong Kong Startup Incentives

The government has committed over HK$100 billion to innovation and technology development ^[9]. Primarily, startups can access:

• Innovation and Technology Fund with HK$18 billion in dedicated funding since 2017 ^[8]
• SME Export Marketing Fund covering up to 50% of costs or HK$50,000 ^[8]
• Patent Application Grant providing up to HK$250,000 ^[8]

In particular, the Innovation and Technology Venture Fund co-invests with private venture capitalists, enhancing funding opportunities for tech startups ^[9].

Hong Kong Setup Requirements

Registering a business in Hong Kong is straightforward. Businesses must apply for registration within one month of commencement ^[10]. The process typically takes just a few business days and can be completed online ^[8].

For foreign entrepreneurs, obtaining a business visa through schemes like the New Capital Investment Entrant Scheme is possible with a minimum investment of HK$30 million ^[11].

Hong Kong Banking & Compliance

Banking in Hong Kong has become more challenging due to stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements ^[12]. Consequently, many startups face difficulties when opening traditional bank accounts.

Traditional banks often require:

• In-person interviews for all directors
• Proof of business activities in Asia
• Extensive documentation and financial records ^[12]

Alternatively, fintech banking solutions offer faster account setup without physical presence requirements ^[12], though with fewer services than traditional banks.

For companies operating in the financial sector, compliance with regulations from the Hong Kong Monetary Authority (HKMA) is essential ^[12].

Ireland

_{Image Source: Revenue}

Ireland stands out among the lowest tax European countries with its famous 12.5% corporate tax rate that has attracted tech giants and startups alike.

Ireland Key Tax Information

Ireland operates a dual-rate corporate tax system:

• 12.5% standard rate on trading income ^[2]
• 25% higher rate on non-trading income (passive income) ^[2]
• 33% capital gains tax rate ^[2]

Resident companies are taxed on worldwide profits, however, non-resident companies are subject to Irish tax only on trading profits of an Irish branch ^[2]. Beginning January 2024, Ireland has implemented Pillar Two rules with a 15% minimum effective tax rate for businesses with consolidated revenues of €750 million or more ^[2].

Ireland Startup Incentives

Ireland offers substantial support for promising startups. Enterprise Ireland primarily backs High Potential Start-Ups (HPSUs) that are:

• Capable of creating 10 jobs in Ireland within three years
• Projected to reach €1 million in annual sales within three years
• Led by an experienced management team residing in Ireland ^[13]

Financial assistance includes feasibility grants up to €30,000 and co-funded equity investments up to €800,000 ^[13]. Additionally, IDA Ireland provides a €100m annual grant program for supporting investment projects ^[13].

Ireland Setup Requirements

Setting up an Irish company requires:

• A unique company name
• At least one director (must be EEA resident or secured with a €25,000 bond)
• A company secretary (separate from director if single-director company)
• A registered office address within Ireland
• Minimum share capital (typically 100 shares at €1 each) ^[14]

Private Limited Company (LTD) remains the most common business structure ^[14].

Ireland Banking & Compliance

Regarding compliance, Irish companies must:

• Register for corporation tax within one month of starting trade
• File annual returns with the Companies Registration Office
• Submit audited accounts if turnover exceeds €8.8 million ^[15]

The Central Bank of Ireland serves as the principal regulatory body, ensuring financial stability and consumer protection ^[16]. Irish companies benefit from the country’s extensive network of 73 bilateral tax treaties ^[3].

Singapore

_{Image Source: Sleek}

Singapore offers one of Asia’s most attractive tax regimes for founders seeking countries with lowest corporate tax rates without compromising business infrastructure.

Singapore Key Tax Information

Singapore implements a competitive 17% headline corporate tax rate ^[5]. First-time entrepreneurs benefit substantially from the Start-Up Tax Exemption (SUTE), which provides:

• 75% exemption on first SGD 100,000 of chargeable income
• 50% exemption on next SGD 100,000 ^[5]

This allows tax savings of up to SGD 125,000 annually during initial years ^[5]. After this period, businesses enjoy the Partial Tax Exemption (PTE), exempting up to SGD 102,500 of chargeable income yearly ^[5]. GST registration becomes mandatory only after exceeding SGD 1 million in annual turnover ^[5].

Singapore Startup Incentives

The EntrePass work visa stands as Singapore’s flagship program for foreign entrepreneurs. Designed for founders of innovative or venture-backed startups ^[17], it allows foreign entrepreneurs to relocate and build companies. Applicants must meet at least one criterion as an entrepreneur, innovator, or investor—such as raising funding from recognized sources or holding relevant intellectual property ^[18].

Singapore Setup Requirements

Incorporating a company requires just one shareholder (any nationality) and at least one local director who must be a Singapore citizen, permanent resident, or EntrePass holder ^[5]. Remarkably, only SGD 1 of paid-up capital is needed ^[4]. The entire registration process typically completes within 1-2 business days ^[4].

Singapore Banking & Compliance

The Monetary Authority of Singapore (MAS) serves as the central bank and sole regulator overseeing all financial institutions ^[1]. Recently, Singapore strengthened regulations following money laundering scandals, with authorities seizing assets exceeding SGD 3 billion ^[1]. Banking has become more stringent with comprehensive Know Your Customer (KYC) requirements, although fintech alternatives offer more accessible options for startups.

United Arab Emirates (UAE)

_{Image Source: Al Sharqi}

The UAE shines as a premier destination among countries with zero corporate tax thanks to its strategic network of 40+ free zones scattered across the emirates.

UAE Key Tax Information

The UAE offers remarkable tax advantages for entrepreneurs. Free zone companies benefit from:

• 0% corporate tax on qualifying activities for up to 50 years ^[19]
• 100% exemption from customs duties on imports into free zones ^[20]
• Small Business Relief providing 0% tax rate for businesses with revenue under AED 3 million until December 2026 ^[19]

Outside free zones, a competitive 9% corporate tax rate applies, maintaining the UAE’s status as one of the lowest tax countries globally.

UAE Startup Incentives

Free zones provide dedicated support with industry-specific advantages. Each zone offers streamlined services including fast-track registration, visa assistance, and flexible office solutions ^[20]. Plus, entrepreneurs benefit from 100% foreign ownership, full profit repatriation, and no income tax on individuals ^[19].

UAE Setup Requirements

Setting up a business involves choosing between mainland or free zone options. Mainland companies can operate throughout the UAE, whereas free zone businesses need additional licenses to trade outside their zones ^[20]. Registration typically requires:

• Business activity selection
• Trade name registration
• Initial approvals
• Office space arrangement
• Licensing from relevant authorities ^[21]

UAE Banking & Compliance

Banking in the UAE has evolved with the introduction of Federal Decree Law No. 6 of 2026, which consolidates regulation under a single framework ^[6]. Hence, companies must navigate stricter KYC and AML requirements. The law expands enforcement powers, with administrative fines now reaching up to AED 1 billion ^[6]. Newly regulated businesses have until September 2026 to secure proper licensing ^[6].

Hungary

_{Image Source: Instagram}

With a flat corporate tax rate of 9%, Hungary boasts the lowest corporate tax rate in the entire European Union, making it a magnet for business founders across Europe.

Hungary Key Tax Information

Hungary combines its minimal corporate tax with a straightforward tax structure. Beyond the 9% corporate tax ^[22], businesses encounter a 27% VAT rate—the highest in the EU ^[22]. Nevertheless, local business taxes range from 0-2% depending on the municipality ^[22]. Primarily, Hungary offers remarkable development tax incentives for investments with net present value of at least HUF 3 billion ^[23].

Hungary Startup Incentives

Recent reforms have strengthened Hungary’s startup ecosystem. In 2024, the country introduced a refundable R&D tax credit ^[24], therefore creating more favorable conditions for innovation. Pre-tax profits can be reduced by triple the cost of shareholdings acquired in startup companies—up to HUF 20 million per tax year ^[23]. Meanwhile, the Guest Investor Program launched in July 2024 grants 10-year residence permits to non-EU investors contributing USD 270,000+ in real estate or education ^[25].

Hungary Setup Requirements

Setting up a Hungarian company requires HUF 3 million (approximately €7,600) share capital ^[7], regardless of the business structure chosen. Company registration can be completed remotely within 3-5 business days ^[7], making it one of the fastest in the EU. Afterward, business owners must travel to Budapest at least once to open a bank account in person ^[8].

Hungary Banking & Compliance

The Central Bank of Hungary (CBH) supervises financial activities with a welcoming attitude toward fintech companies ^[26]. Banking regulations have strengthened following the adoption of Money Laundering and Terrorist Financing Prevention Act ^[27]. Fintech companies typically operate as partners rather than challengers to established financial institutions, with most providing services in software development, system integration, and payment services ^[26].

Qatar

_{Image Source: LinkedIn}

Qatar stands among the countries with zero corporate tax through its extensive exemption programs offering incredible benefits for international entrepreneurs.

Qatar Key Tax Information

Qatar Financial Center (QFC) implements a flat 10% tax on locally-sourced profits ^[28]. Remarkably, the Qatar Free Zones (QFZ) provide 20-year corporate tax holidays ^[9]. Besides these generous exemptions, Qatar offers:

• No personal income tax whatsoever ^[9]
• Zero customs duties on imports ^[9]
• Full capital repatriation rights ^[9]

The World Bank ranked Qatar third globally for its favorable taxation regime ^[9].

Qatar Startup Incentives

The Startup Qatar Investment Program primarily targets tech startups in high-growth sectors ^[29]. Benefits include:

• Up to QAR 3.65 million investment funding per deal ^[30]
• One year of biweekly coaching from lean-certified business coaches ^[30]
• Marketing exposure at QDB-sponsored international events ^[30]
• Access to Qatar Science and Technology Park (QSTP) facilities ^[30]

Qatar Setup Requirements

Setting up a Qatari company involves straightforward steps. Actually, there’s no minimum capital requirement for most company structures ^[31]. Foreign investors can own more than 49% of shares after acquiring an exception from the Minister ^[32].

Qatar Banking & Compliance

Qatar Central Bank supervises financial institutions through its comprehensive Regulatory Sandbox framework ^[10]. This allows companies to test innovative fintech solutions for up to 12 months ^[10]. Similarly, the QCB Sandbox offers an expedited testing period of 3-6 months ^[10].

Bahrain

_{Image Source: Gulf Magazine}

Bahrain positions itself as an exceptional country with zero corporate tax for most sectors, creating a welcoming environment for founders seeking tax efficiency in the Middle East.

Bahrain Key Tax Information

Bahrain maintains a 0% corporate tax rate for virtually all businesses except the oil and gas sector, which faces a 46% tax ^[11]. The kingdom boasts three primary free zones offering full customs duty exemptions and 100% foreign ownership ^[11]:

• Bahrain Logistics Zone (BLZ) near Khalifa Bin Salman Port
• Bahrain International Investment Park (BIIP) in Salman Industrial City
• Bahrain Airport Free Zone (BAFZ) adjacent to Bahrain International Airport

Equally important, entrepreneurs enjoy no personal income taxes, capital gains taxes, or dividend taxes ^[33].

Bahrain Startup Incentives

Bahrain’s Central Bank established a dedicated Fintech & Innovation Unit to foster digital financial transformation ^[34]. Accordingly, startups benefit from:

• Regulatory Sandbox allowing fintech testing in a controlled environment ^[35]
• Dedicated funds through Bahrain Development Bank ^[35]
• Tax-free capital repatriation ^[35]

Bahrain Setup Requirements

Launching a business requires security approval from the Ministry of Interior (3-5 working days) ^[12]. Subsequently, entrepreneurs must:

• Propose up to four commercial names for approval ^[12]
• Determine minimum share capital based on business type ^[12]
• Select partners with complementary skills ^[12]

Bahrain Banking & Compliance

Bahrain implements a comprehensive Anti-Money Laundering framework aligned with Financial Action Task Force standards ^[36]. The Central Bank of Bahrain together with the Financial Intelligence Directorate enforce regulations requiring:

• Customer Due Diligence (CDD)
• Filing Suspicious Transaction Reports (STRs)
• Risk-based compliance approach
• Regular staff training ^[36]

Seychelles

_{Image Source: BBCIncorp Hong Kong}

Seychelles emerges as a prized country with zero corporate tax for offshore companies, offering exceptional privacy protections alongside its favorable tax regime.

Seychelles Key Tax Information

Seychelles implements a territorial tax system where offshore companies pay zero tax on foreign-sourced income ^[2]. This tax-free structure extends beyond corporate tax to include no capital gains tax, no inheritance tax, and no dividend taxes ^[2]. Instead, businesses pay only a flat annual government fee to maintain good standing ^[2]. These straightforward tax rules eliminate complexities of double taxation and excessive reporting requirements ^[2].

Seychelles Startup Incentives

The government has simplified tax requirements for entrepreneurs, especially in tourism, fisheries, and digital services ^[3]. Foreign investors can apply for Permanent Residency or citizenship by investing USD 1,000,000 or more in a Seychelles business ^[37]. Additionally, the Seychelles Investment Board provides mentorship and training courses to guide entrepreneurs through local market requirements ^[3].

Seychelles Setup Requirements

Registering a Seychelles IBC takes just 24-48 hours ^[2], making it one of the fastest offshore jurisdictions. The process involves:

• Choosing a unique company name
• Hiring a registered agent (required by law)
• Submitting incorporation documents
• Opening a corporate bank account ^[2]

Basic requirements include at least one shareholder and one director ^[2].

Seychelles Banking & Compliance

Banking in Seychelles presents challenges as international transactions are often flagged ^[38]. The jurisdiction has five international banks including Absa Bank, Al Salam Bank, and Bank of Ceylon ^[38]. Companies must maintain accounting records at their registered office, updating them twice yearly ^[39]. Especially worth noting, businesses with annual turnover exceeding USD 3,750,000 must prepare financial summaries within six months of year-end ^[39].

Bahamas

_{Image Source: OVZA LLC}

The Bahamas offers a complete tax haven for entrepreneurs, ranking among countries with zero corporate tax while providing substantial exemptions for business growth.

Bahamas Key Tax Information

The Bahamas implements a comprehensive tax-free environment with:

• No corporate income tax
• No personal income tax
• No capital gains tax
• No value-added tax
• No inheritance or wealth taxes ^[13]

All Bahamas corporations benefit from 20 years of tax exemption available to foreigners or non-residents ^[13]. For specific sectors, the government offers customs duty exemptions on imported equipment, machinery, and materials ^[40].

Bahamas Startup Incentives

Primarily, the Bahamas Entrepreneurial Venture Fund provides loans and equity investments of up to 100,000 Bahamian dollars for promising startups ^[41]. Simultaneously, the ‘Bahamas Investment Authority’ program delivers tax relief for companies in priority sectors like information technology, renewable energy, and agriculture ^[41].

Bahamas Setup Requirements

For instance, registering a business requires obtaining a Business License from the Department of Inland Revenue ^[42]. Non-Bahamians must submit a Project Proposal to the Bahamas Investment Authority for approval ^[43]. The business registration process typically takes about one week with a fee of $100 ^[43].

Bahamas Banking & Compliance

Banking in the Bahamas involves approximately 250 banks operating within the country ^[13]. As a result, businesses must register with the Compliance Commission if providing designated financial services ^[44]. Principally, failure to register within one month carries penalties of $5,000 per day ^[45].

Anguilla

_{Image Source: First Anguilla Trust Company Limited}

Anguilla, a British Overseas Territory in the Caribbean, provides a compelling option among countries with zero corporate tax, offering substantial privacy protections coupled with modern business infrastructure.

Anguilla Key Tax Information

First and foremost, Anguilla operates as a fully tax-neutral jurisdiction with absolutely no direct taxation. This comprehensive approach includes zero income tax, zero capital gains tax, zero inheritance tax, plus zero corporate taxation ^[14]. The government primarily relies on custom duties to manage this tax-free environment ^[14]. In effect, International Business Companies (IBCs) enjoy complete exemption from nearly all taxes when generating income outside Anguilla ^[46].

Anguilla Startup Incentives

In addition to its favorable tax regime, Anguilla offers concrete support for entrepreneurs. The government runs a USD 100,000 grant program for micro and small businesses ^[47]. Under this initiative, successful applicants receive up to USD 10,000 for staff training, new technology, marketing, and product development ^[47]. Meanwhile, the Anguilla Youth Business Foundation administers annual grants worth XCD 8,000 to deserving entrepreneurs ^[48].

Anguilla Setup Requirements

Establishing an Anguilla company proves remarkably straightforward. The incorporation process takes as little as 24 hours with costs starting at just USD 250 ^[46]. Businesses must maintain:

• A registered office and appointed agent in Anguilla
• Accurate financial records
• Annual renewal payments (approximately USD 250) ^[46]

Anguilla Banking & Compliance

The Anguilla Financial Services Commission (AFSC) oversees all financial activities ^[49]. Despite strict privacy protections, companies must adhere to anti-money laundering regulations ^[46]. Notable local banks include Republic Bank and National Commercial Bank of Anguilla ^[16]. The jurisdiction’s modern telecommunications and fiber-optic networks enable reliable remote business management ^[14].

Cayman Islands

_{Image Source: WP Fastest Cache Premium}

The Cayman Islands offers a completely tax-neutral environment for startups seeking shelter from high taxation jurisdictions.

Cayman Islands Key Tax Information

As an established tax-neutral financial center, the Cayman Islands provides entrepreneurs with zero corporate tax, no income tax, no capital gains tax, and no dividend taxes ^[15]. Primarily, companies can apply for a tax exemption certificate guaranteeing immunity from any future tax laws for 20 years ^[50].

Cayman Islands Startup Incentives

The Ministry of Investment, Innovation & Social Development (MIISD) actively supports entrepreneurship through dedicated programs designed to grow the economy ^[15]. Furthermore, the government has modernized intellectual property laws, providing better protection for creative and business ventures ^[15]. Tech-focused businesses find particular advantages in sectors like blockchain, cryptocurrencies, fintech, and AI ^[15].

Cayman Islands Setup Requirements

Establishing a business requires incorporating through the Registry’s Cayman Business Portal or hiring a licensed service provider ^[51]. The process involves:

• Submitting Memorandum and Articles of Association
• Obtaining name approval
• Paying appropriate incorporation fees ^[51]

Cayman Islands Banking & Compliance

Practically all companies must comply with economic substance requirements introduced in 2019 ^[52]. The jurisdiction maintains a comprehensive Anti-Money Laundering framework aligned with international standards ^[53]. Financial reporting requirements remain minimal for most businesses, significantly reducing administrative burdens ^[54].

Panama

_{Image Source: Legal Nodes}

Panama distinguishes itself among lowest tax countries with its territorial taxation system that completely exempts foreign-sourced income from corporate taxes.

Panama Key Tax Information

Panama employs a territorial tax system where only Panama-sourced income faces taxation ^[55]. Companies pay a fixed corporate income tax rate of 25% ^[55]. Interestingly, for businesses earning over $1.5 million, the tax authority uses the higher of two calculations: regular net income or 4.67% of gross taxable income ^[55]. Free zones offer remarkable benefits with tax exemption on profits from sales to foreign countries ^[56].

Panama Startup Incentives

First of all, Panama offers numerous incentives through specialized regimes. The Colon Free Zone exempts profits from sales to foreign countries ^[56]. Primarily, tech startups benefit from City of Knowledge exemptions on income tax, import duties, and sales tax ^[57]. Tourism investments receive tax exonerations for hotel buildings up to 15 years ^[58].

Panama Setup Requirements

Setting up requires at least three directors and one shareholder of any nationality ^[59]. Registration involves selecting a unique business name, obtaining a Panama RUC tax ID, and paying annual government fees ^[17]. Incorporation typically takes 10-15 business days ^[18].

Panama Banking & Compliance

Undeniably, Panama has strengthened its banking regulations after being removed from the FATF gray list in October 2023 ^[18]. Companies must maintain accounting records at their registered office ^[60]. The Superintendency of Banks enforces comprehensive compliance standards through regular updates to banking rules ^[61].

Georgia

_{Image Source: LinkedIn}

Georgia has emerged as a hidden gem among lowest tax countries with its competitive 5.19% corporate tax rate based on single-factor apportionment.

Georgia Key Tax Information

Georgia offers a remarkably low 5.19% corporate tax rate ^[62]. Small entrepreneurs benefit from the 1% tax regime on annual turnover up to 500,000 GEL ^[63]. Innovative startups enjoy graduated tax benefits—complete income tax exemption for the first three years, then 5% for years 4-6, and 10% for years 7-10 ^[64].

Georgia Startup Incentives

Primarily, Georgia provides Job Tax Credits ranging from $1,250 to $4,000 per year for five years for every new job created ^[62]. The Quality Jobs Tax Credit rewards businesses creating high-paying positions with credits between $2,500 to $5,000 per job annually ^[62]. Georgia’s thriving startup ecosystem, particularly in fintech and cybersecurity, receives support through university-backed innovation centers ^[65].

Georgia Setup Requirements

Initially, entrepreneurs must decide between business structures like LLC, corporation, or partnership ^[5]. Registration typically requires a unique business name, valid email address, office mailing address, and registered agent information ^[5]. Annual registration costs $60 ($50 filing fee + $10 service charge) ^[4].

Georgia Banking & Compliance

Banking in Georgia is fast but requires strict compliance with National Bank of Georgia regulations ^[66]. Foreign founders face additional scrutiny, often requiring notarized identification copies and proof of address ^[66]. Naturally, businesses must maintain proper accounting records and respond promptly to compliance inquiries to avoid account restrictions ^[66].

Malta

_{Image Source: Fe/male Switch}

Malta offers a distinctive approach within lowest tax European countries through its ingenious tax refund system, turning a seemingly high corporate tax rate into one of Europe’s most competitive.

Malta Key Tax Information

Malta’s corporate tax rate officially stands at 35%, yet shareholders receive substantial refunds upon dividend distribution ^[67]. The refund system allows:

• 6/7ths refund (30% of the 35%) for trading income, creating an effective tax rate of just 5% ^[68]
• 5/7ths refund for passive income, resulting in approximately 10% effective tax ^[1]
• Full refund through participation exemption on qualifying holdings ^[69]

Currently, Malta maintains over 70 double taxation agreements internationally ^[67]. Primarily, the tax system features zero withholding taxes on profit distributions to shareholders, no transfer pricing rules, and no capital duties or wealth taxes ^[69].

Malta Startup Incentives

Malta Enterprise administers numerous startup programs including:

• Business Start 2021 providing grants up to €10,000 for early-stage startups ^[70]
• Accelerate 2024 offering up to €100,000 for ventures in their first seven years ^[71]
• The Family Business Grant supporting succession planning ^[71]

Malta Setup Requirements

Establishing a Maltese company necessitates:

• Memorandum and articles of association signed by shareholders ^[72]
• Minimum share capital of €1,200 (only 20% must be paid up) ^[1]
• At least one director and company secretary ^[73]
• Registration fee of approximately €320 plus professional fees ^[1]

Malta Banking & Compliance

The Malta Financial Services Authority (MFSA) regulates the banking sector ^[20]. Remarkably, the MFSA maintains open communication channels with stakeholders ^[74]. Banking license applications must be determined within six months of submission, with a maximum twelve-month processing period ^[20].

Cyprus

_{Image Source: Unimoni}

Cyprus ranks among lowest tax European countries with its competitive 12.5% corporate tax rate ^[19], creating an appealing environment for international entrepreneurs.

Cyprus Key Tax Information

Cyprus provides remarkable tax incentives, primarily:

• 0% tax on revenues from securities trading ^[19]
• 0% tax on profits from foreign real estate ^[19]
• 0% tax on dividends to shareholders ^[19]
• 2.5% tax on IP rights through its IP Box regime ^[19]

Remarkably, these benefits are enhanced by over 60 favorable double taxation avoidance agreements ^[19].

Cyprus Startup Incentives

Currently, the government actively supports innovation with programs like the Regulatory Sandbox, allowing fintech and crypto-asset firms to test novel models under supervision ^[75]. Along with this, Cyprus offers substantial tax incentives for investments in innovative startups, allowing pre-tax profit reductions of up to HUF 20 million per tax year ^[76].

Cyprus Setup Requirements

Setting up requires registration with the Companies Registrar. Registration typically completes within 5-10 working days ^[19], costing between €1,200-€3,000 ^[19]. Private limited companies (Ltd) remain the most popular structure, requiring:

• Memorandum and Articles of Association
• At least one shareholder
• Business address in Cyprus ^[77]

Cyprus Banking & Compliance

Regarding compliance, companies must maintain proper accounting records following International Financial Reporting Standards ^[19]. Recently, banking has become more stringent with comprehensive KYC and AML requirements ^[78], necessitating thorough documentation for account approval.

Mauritius

_{Image Source: Worldwide Tax Summaries Online – PwC}

Mauritius ranks as an attractive tax jurisdiction for entrepreneurs seeking established offshore benefits with African market access within the realm of lowest tax countries.

Mauritius Key Tax Information

Mauritius applies a competitive 15% flat corporate tax rate with substantial exemptions ^[79]. Most notably, an 80% exemption regime applies to foreign dividends, interest income, and profits from foreign permanent establishments, effectively reducing tax to just 3% ^[79]. Export-focused businesses enjoy a significantly reduced 3% tax rate on goods ^[79]. The tax-friendly environment extends to numerous double taxation avoidance agreements that prevent paying taxes twice ^[80].

Mauritius Startup Incentives

Multiple government institutions offer targeted support schemes for entrepreneurs ^[81]. For instance, the Business Development Scheme finances up to 75% of project costs with a ceiling of Rs 5 million ^[21]. Likewise, SME Mauritius provides grants covering 80% of approved project costs ^[82]. These initiatives support technology adoption, marketing readiness, and business transformation ^[82].

Mauritius Setup Requirements

Registering a business takes merely half a day ^[83]. The process involves submitting application forms (BRF1, BRF2, or BRF3) depending on business structure ^[84]. Registration fees vary based on workforce size—from Rs 125 for businesses with under 10 persons to Rs 1500 for those with over 100 ^[84].

Mauritius Banking & Compliance

Banking regulations fall under the Bank of Mauritius Act and the Banking Act ^[85]. Recently, the government introduced a comprehensive digital banking license framework with minimum capital requirements of MUR 200 million during mobilization phase ^[86]. Companies must adhere to anti-money laundering regulations supervised by the Bank of Mauritius ^[85].

Comparison Table

Country	Corporate Tax Rate	Key Tax Benefits	Main Startup Incentives	Setup Requirements	Banking & Compliance
Estonia	22% (only on distributed profits)	Zero tax on reinvested profits; VAT registration only after €40,000 turnover	E-Residency program; Digital Nomad Visa; Specialized startup support programs	€0.01 minimum share capital; Online registration in hours; €265 registration fee	Annual reports required; Monthly VAT returns by 20th
Hong Kong	8.25% (first HK$2M); 16.5% (above)	No capital gains tax; No dividend tax; No foreign-source income tax	HK$100B+ innovation fund; SME Export Marketing Fund; Patent Application Grant	Registration within 1 month; Online process in days	Strict KYC/AML requirements; HKMA regulation
Ireland	12.5% (trading); 25% (non-trading)	33% capital gains tax; Extensive tax treaty network	Up to €800,000 equity investments; €30,000 feasibility grants	One EEA resident director; €1 minimum share capital	Annual returns required; Central Bank regulation
Singapore	17% (with exemptions)	75% tax exemption on first SGD 100k; 50% on next SGD 100k	EntrePass visa program; Startup support schemes	SGD 1 minimum capital; 1-2 days registration	MAS regulation; Strict KYC requirements
UAE	0-9%	0% tax in free zones; No personal income tax	Industry-specific advantages; 100% foreign ownership	Business activity selection; Trade name registration	Federal regulation; AML compliance
Hungary	9%	Lowest EU corporate tax; Development tax incentives	R&D tax credits; Triple cost reduction for startup investments	HUF 3M share capital; 3-5 days registration	CBH supervision; Strong fintech focus
Qatar	10% (QFC); 0% (Free Zones)	20-year tax holidays; No personal income tax	Up to QAR 3.65M investment funding; One year coaching	No minimum capital for most structures	QCB Sandbox framework
Bahrain	0% (except oil & gas)	No personal income tax; No capital gains tax	Fintech & Innovation Unit support; Regulatory Sandbox	Security approval needed; Partner selection	Comprehensive AML framework
Seychelles	0% (offshore)	No capital gains tax; No inheritance tax	Investment-based residency; Government mentorship	24-48 hours registration; Registered agent required	Bi-annual accounting updates
Bahamas	0%	20-year tax exemption; No personal income tax	Up to 100,000 Bahamian dollars funding	Business License required; 1-week process	250+ banks; Strict compliance
Anguilla	0%	No direct taxation; Custom duties only	USD 100,000 grant program; Youth business grants	24-hour registration; USD 250 cost	AFSC oversight; AML compliance
Cayman Islands	0%	20-year tax exemption guarantee	Tech sector focus; IP protection	Registry portal registration	Economic substance requirements
Panama	25% (territorial)	Foreign-source income exempt	Free zone benefits; City of Knowledge exemptions	3 directors minimum; 10-15 days process	Strong banking regulations
Georgia	5.19%	1% for small businesses	Job tax credits; Innovation center support	Simple registration; USD 60 annual fee	National Bank regulation
Malta	35% (effective 5% with refunds)	6/7ths tax refund system; No withholding tax	Grants up to €100,000; Family Business support	€1,200 minimum capital; €320 registration fee	MFSA regulation
Cyprus	12.5%	0% on securities trading; IP Box regime	Regulatory Sandbox; Startup investment incentives	5-10 days registration; €1,200-3,000 cost	IFRS compliance required
Mauritius	15% (effective 3%)	80% exemption on foreign income	Up to 75% project cost funding; SME grants	Half-day registration; Tiered fees	Digital banking framework

Conclusion

Estonia undoubtedly stands as the premier destination for tax-efficient startup operations in 2026. The revolutionary “pay only when you distribute” system allows unlimited tax-free reinvestment of profits, effectively creating a 0% tax rate for growing companies. This approach, combined with Estonia’s digital infrastructure and e-Residency program, makes it the clear frontrunner among all options presented.

Throughout this exploration of the 17 lowest tax countries, we’ve seen remarkable diversity in approaches to business taxation. Whether you prefer the territorial system of Hong Kong with rates between 0-16.5%, Hungary’s EU-leading 9% flat rate, or the complete tax havens of the Bahamas, Cayman Islands, and Seychelles, options exist for every business model and preference.

Many entrepreneurs mistakenly focus solely on corporate tax rates when selecting a jurisdiction. However, the most strategic approach involves considering the complete ecosystem – banking accessibility, compliance requirements, startup incentives, and overall ease of doing business. UAE’s free zones offer excellent tax benefits plus 100% foreign ownership, while Singapore provides substantial tax exemptions alongside world-class infrastructure.

Ready to take advantage of these tax opportunities? The first step requires identifying your specific business needs and priorities. Tech startups might benefit most from Estonia’s digital environment or Ireland’s R&D incentives, whereas trading businesses could maximize profits through Hong Kong’s territorial system or Panama’s exemptions on foreign-sourced income.

Selecting the right jurisdiction ultimately depends on your long-term business strategy rather than simply chasing the lowest rates. Each country offers unique advantages beyond taxation – from Qatar’s 20-year tax holidays to Cyprus’s IP Box regime offering just 2.5% tax on intellectual property rights.

After analyzing these 17 lowest tax countries, Estonia emerges as our top recommendation due to its balanced approach of zero tax on reinvestment, straightforward compliance, digital-first infrastructure, and EU market access. Nevertheless, your ideal jurisdiction will depend on your specific industry, growth plans, and operational requirements.

The global landscape continues to evolve rapidly with countries competing for entrepreneurial talent through increasingly attractive tax policies. Smart founders who position themselves strategically within these tax-efficient jurisdictions gain significant competitive advantages over those operating in high-tax environments.

Which country aligns best with your startup vision for 2026?

Transferring an EU trademark (EUTM) from one company to another is an important legal step that ensures your brand remains properly protected under the correct ownership. Whether you are selling a business, restructuring a corporate group, or relocating intellectual property to a new entity, understanding how the process works will save you time, stress, and potential legal issues.

At EESTI Consulting, we assist companies throughout the entire EU trademark lifecycle—from registration to transfer—and we also help SMEs apply for funding through the SME Fund 2025, which offers substantial financial support for trademark registrations.

What is an EU Trademark?

An EU Trademark grants exclusive rights across all EU member states, protecting your brand identity for the goods and services you register. This makes it one of the most valuable assets a company can own. Since it is transferable, it can be reassigned to another company as part of strategic decisions or business changes.

Why Transfer an EU Trademark?

Companies often transfer EU trademarks for various reasons. Some do so when selling their business to a new owner, ensuring the buyer receives full rights to use the brand 💼. Others transfer trademarks during mergers or internal restructuring to align intellectual property with the correct legal entity 🔄. Ownership changes between related companies—such as parent to subsidiary—may also require a formal transfer 🏢. In addition, some businesses transfer trademarks for legal, strategic, or tax optimization reasons 📊.

Steps to Transfer an EU Trademark

1. Verifying Ownership

Before beginning the process, you need to confirm that the trademark is active, fully owned by the transferring company, and free of disputes or conflicting claims. Access to the EUIPO account where the trademark is registered is essential.

2. Preparing the Transfer Agreement

Next, a Trademark Transfer Agreement (Assignment Agreement) must be prepared. This legally binding document includes all details of the trademark, the date of transfer, the parties involved, and their signatures ✍️. At EESti Consulting, we recommend having this agreement reviewed by a legal professional to ensure everything complies with EU regulations.

3. Submitting the Request to EUIPO

Once the transfer agreement is signed, the transfer request must be submitted through the EUIPO online portal 🌐. During this step, you will upload the agreement and pay the official transfer fee. The fee amount depends on the number of classes your trademark covers.

4. Providing Proof of Transfer

EUIPO requires clear proof that both parties consent to the transfer📄. Usually, the signed transfer agreement is sufficient, but in special situations, EUIPO may request additional documentation such as notarized signatures or company authorizations.

5. Waiting for Approval

After submission, EUIPO reviews the request. The approval process typically takes one to two weeks ⏳. Once approved, the ownership change appears in the official EU trademark register, and a formal confirmation is sent to you. The transfer will also be published in the EUIPO Trade Mark Bulletin.

6. Updating Related Records

When the transfer becomes official, related documents and systems—such as licensing contracts, domain ownership, packaging, marketing materials, and customs registrations—should be updated to reflect the new trademark owner 🔄.

7. Informing Stakeholders

It’s important to communicate the change to business partners, customers, distributors, and any licensees to avoid confusion and ensure smooth operations 🗣️.

Important Considerations

Several key points should be kept in mind. There are official EUIPO fees for trademark transfers, which vary based on the number of classes. The rights, obligations, and potential liabilities associated with the trademark automatically transfer to the new owner. Partial transfers are possible when only specific goods or services are being reassigned. And if the trademark is also registered outside the EU, separate transfers must be carried out in those jurisdictions.

How EESTI Consulting Can Support You

At EESti Consulting, we provide full assistance with both trademark transfers and new trademark registrations. For businesses seeking financial support, we help clients benefit from the SME Fund 2025, which provides reimbursement for trademark application fees—an excellent opportunity for small and medium-sized enterprises looking to secure their intellectual property at a reduced cost.

Whether you are transferring ownership, expanding your IP portfolio, or registering a new trademark under EUIPO, our team ensures a smooth, compliant, and stress-free process.

Conclusion

Transferring an EU trademark is a crucial process during business changes. By understanding each step and ensuring proper documentation, companies can protect their brand assets effectively. With the guidance of EESti Consulting, you can confidently manage trademark transfers and take advantage of funding opportunities such as the SME Fund 2025.

If you need support with trademark transfer or EU trademark registration, we are here to help every step of the way.

Poland is one of the most dynamic business destinations in Central Europe 🌍.
With a population of around 36.6 million (as of early 2024) and a GDP per capita of about €17,300, the country offers a large and growing market for entrepreneurs. According to data from the Polish Statistical Office (GUS), there were approximately 2.75 million active enterprises in Poland in 2023 — an increase of 2.6% year-on-year — generating a total turnover of PLN 8.54 trillion.

The country’s economic strength is supported by a modern, diversified economy, where services account for about 60 % of GDP (Statista). Moreover, a survey by the Polish Economic Institute (PIE) shows that 83 % of Poles believe starting a business in Poland is easy, compared to the EU average of only 48 %.

In just the first quarter of 2023, around 98,000 new companies were launched, marking a 3.3 % increase from the same period in 2022 (Conquest Consulting).

Given these numbers, it’s no surprise that Poland is considered one of the most business-friendly environments in the region. Let’s look at the different forms of business in Poland and explore which one fits your goals best. 💼

🧍‍♂️ 1. Sole Proprietorship (Jednoosobowa działalność gospodarcza)

This is the simplest and most common business form in Poland — ideal for freelancers, small shop owners, and independent professionals.

Key features:

• Owned and managed by one person.
• The owner has unlimited personal liability for business debts.
• Easy online registration through the CEIDG system.
• Subject to personal income tax (PIT).

Best for: freelancers, artisans, and micro-businesses.

🤝 2. Civil Partnership (Spółka cywilna – S.C.)

A simple partnership between two or more people or entities — not a separate legal person.

Key features:

• At least two partners required.
• Profits and losses are shared according to the partnership agreement.
• Registered in CEIDG (if all partners are individuals) or KRS (if legal entities).

Best for: family businesses and small collaborations.

🏢 3. Registered Partnership (Spółka jawna – Sp.J.)

A more formal partnership with its own legal personality, ideal for small and medium-sized businesses.

Key features:

• Registered in the National Court Register (KRS).
• Partners are jointly and severally liable.
• No minimum capital requirement.

Best for: small and medium enterprises with several owners.

⚖️ 4. Professional Partnership (Spółka partnerska – Sp.P.)

A company type created specifically for licensed professions such as lawyers, doctors, or accountants.

Key features:

• Partners must hold relevant professional qualifications.
• Each partner is liable only for their own professional mistakes.
• Registered with the KRS.

Best for: groups of professionals running a shared practice.

💰 5. Limited Partnership (Spółka komandytowa – Sp.K.)

A hybrid structure combining features of a partnership and a company.

Key features:

• Two types of partners:
  • General partner – unlimited liability.
  • Limited partner – liability limited to the amount of contribution.
• Must be registered in the KRS.
• Often chosen for tax optimisation.

Best for: investors and mixed ownership ventures.

💼 6. Limited Joint-Stock Partnership (Spółka komandytowo-akcyjna – S.K.A.)

A mix of a limited partnership and a joint-stock company — suitable for large investment projects.

Key features:

• At least one general partner and one shareholder.
• Minimum share capital: PLN 50,000.
• Requires full corporate accounting.

Best for: complex investment or holding structures.

🧾 7. Limited Liability Company (Spółka z ograniczoną odpowiedzialnością – Sp. z o.o.)

The Sp. z o.o. is the most popular and recommended business structure in Poland, especially for foreign investors 🌍.

You can compare it to the Estonian OÜ (osaühing) or the UK Limited (Ltd) — all are limited liability companies with flexible management and strong legal protection.

Key features:

• Separate legal entity.
• Minimum share capital: PLN 5,000.
• Shareholders are not personally liable for company debts.
• Must be registered with the KRS.
• Can have one or multiple shareholders.

Why foreigners prefer it:
✅ Simple online registration process.
✅ Legal credibility in EU trade.
✅ Tax and liability protection.
✅ Suitable for startups, SMEs, and foreign investors.

Best for: foreign entrepreneurs and scalable international businesses.

🏦 8. Joint-Stock Company (Spółka akcyjna – S.A.)

This is the Polish equivalent of a public limited company, ideal for large corporations and enterprises planning to list on the stock exchange.

Key features:

• Separate legal personality.
• Minimum share capital: PLN 100,000.
• Shares may be publicly traded.
• Subject to strict accounting and reporting standards.

Best for: large corporations, listed firms, and investment ventures.

🌐 How Foreign Persons Can Start a Company in Poland

Foreign entrepreneurs are welcome to start businesses in Poland. According to EURES – European Employment Services, citizens of the European Union who wish to conduct business activity in Poland may:

• 🏢 start a business in Poland,
• 🌍 provide their services cross-border from abroad, or
• 🧾 establish a branch office of their existing business if they already operate in another EU Member State.

For most foreigners, the Spółka z ograniczoną odpowiedzialnością (Sp. z o.o.) is the recommended structure — offering legal safety, flexibility, and recognition across the European market.

🧭 Final Thoughts

Poland offers a wide variety of company forms — from simple sole proprietorships to complex joint-stock companies. 🇵🇱
Whether you’re a freelancer or an international investor, understanding these types of companies in Poland will help you make the right decision for your business future.

👉 Tip: Before registering, consult with a local accountant or legal advisor to ensure compliance with the latest Polish business regulations.

Starting an Amazon business is one of the fastest ways to enter global e-commerce — and for entrepreneurs in Estonia, the opportunities are especially strong. Thanks to the country’s digital infrastructure, e-Residency program, and business-friendly tax system, Estonian entrepreneurs can run a global Amazon business completely online.

This step-by-step guide explains how to start selling on Amazon from Estonia in 2025 — even if you’ve never sold online before.

🇪🇪 Why Start an Amazon Business in Estonia?

Estonia offers several advantages for Amazon sellers:

1. E-Residency Program – Anyone in the world can open an Estonian company online and manage it remotely.
2. Low Bureaucracy – Company registration and tax filing are 100% digital.
3. Tax Benefits – Estonia has 0% corporate income tax on retained earnings — you only pay tax when you take dividends.
4. Access to the EU Market – Your Estonian company can easily trade across the EU and sell on Amazon’s European marketplaces.
5. Modern Banking & Payments – Fintech solutions like Wise, Revolut Business, and Payoneer integrate smoothly with Amazon – read more about banking services.

🧭 Step-by-Step: How to Start an Amazon Business in Estonia

Step 1: Choose Your Amazon Business Model

Before starting, decide what type of Amazon business you want:

• Private Label: Sell your own branded products.
• Wholesale: Buy products in bulk and resell on Amazon.
• Dropshipping: Use suppliers to fulfill orders directly.
• Merch by Amazon / KDP: Sell print-on-demand or digital content.

For most beginners, Private Label offers the best long-term potential.

Step 2: Register Your Company in Estonia

If you’re an Estonian resident:
You can easily register your company through the Estonian Business Register.

If you’re a non-resident:
Start by applying for e-Residency at e-resident.gov.ee.
Once you receive your e-Residency card, you can register an OÜ (osaühing) — a private limited company — online.

Other options:
If you already have e-Residency, Eesti Consulting can help you register a company using your e-ID card — see our company registration offer here.
If you don’t have an e-ID card yet, we can also establish your company remotely via Power of Attorney.
All we need are:

• A notarized and apostilled Power of Attorney
• Your personal identification documents

Everything can be done 100% remotely.

💡 Tip: If you want save more time – you can also purchase ready made company with active VAT EE number .

Step 3: Open a Business Bank Account

You’ll need a business account for Amazon payouts. Recommended options include:

• Wise Business
• Revolut Business
• Payoneer (highly recommended for Amazon sellers)
• Swedbank Business Account
• LHV Pank Business Account

Ensure your account supports multi-currency payments (EUR, USD, GBP) to receive Amazon disbursements smoothly.

You can also register with other payment processors, such as Stripe.com and similar platforms that support global business transactions and marketplace payouts. These are especially useful for integrating with eCommerce websites, invoicing international clients, and receiving payments from multiple marketplaces or service platforms.

Step 4: Set Up Your Amazon Seller Account

Go to sellercentral.amazon.com or an EU marketplace like amazon.de.
Choose between:

• Individual plan – No monthly fee, but €0.99 per sale.
• Professional plan – €39 per month, ideal for growing businesses.

During registration, Amazon will ask for:

• Company name and registration number
• VAT number (if applicable)
• Business bank account
• ID verification

Step 5: Register for VAT

If you sell in the EU, you’ll need to register for Value Added Tax (VAT) in at least one EU country (often Germany or Poland if using Amazon FBA warehouses there).

Platforms like hellotax, Avalara, or Taxually can automate VAT compliance for Amazon sellers OR you can simply hire Eesti Consulting to deal with your VAT returns.

Step 6: Choose Fulfillment Option

• Amazon FBA (Fulfillment by Amazon): Amazon stores, packs, and ships your products.
• FBM (Fulfilled by Merchant): You handle shipping yourself.

Most sellers in Estonia choose FBA to scale faster.

Step 7: Source Your Products

Use suppliers from:

• Alibaba / 1688.com for manufacturing
• EU-based wholesalers for faster logistics

Validate your product ideas with tools like:

• Jungle Scout
• Helium 10
• Keepa

Step 8: Launch and Market Your Products

• Optimize listings with SEO-friendly titles, bullet points, and images
• Run Amazon PPC (Pay-Per-Click) campaigns
• Encourage reviews and brand registry for protection

💰 Taxation and Accounting in Estonia

• 0% corporate tax on reinvested profits.
• 20% tax only when paying dividends.
• You’ll need an accountant for monthly VAT filings and annual reports.

📈 Tips for Amazon Success

1. Start with one product and validate demand.
2. Use Amazon FBA to automate logistics.
3. Build a brand, not just a store.
4. Track finances and reinvest profits smartly.
5. Stay compliant with VAT and import laws.
6. Register trademark with Eesti Consulting under SME Fund 2025 program and save 75% on EUIPO fees.

🚀 Conclusion

Starting an Amazon business in Estonia is simpler than in most countries — thanks to digital company formation, low taxes, and global reach. Whether you’re an Estonian resident or an e-resident abroad, you can build a fully remote Amazon business and sell worldwide.

With smart product selection, branding, and Amazon FBA, your Estonian company can become a global e-commerce success story.

TOP 3 SIM Operators in Estonia – Where to Buy a SIM Card

If you’re planning a trip to Estonia — for business, study, or tourism — getting a local SIM card is one of the easiest ways to stay connected without high roaming fees. Estonia has excellent mobile coverage, affordable prepaid options, and fast 4G/5G networks. Below you’ll find the Top 3 SIM operators in Estonia, their main advantages, and the best places to buy your SIM card.

💡 Our top recommendation for 2025: Elisa Eesti – the best value-for-money SIM operator with fast speeds and easy activation.

🇪🇪 The 3 Main Mobile Operators in Estonia

There are three main network providers in Estonia with their own infrastructure — Telia Eesti, Elisa Eesti, and Tele2 Eesti. They all offer prepaid and postpaid plans with reliable nationwide coverage, but their offers and strengths differ slightly.

Operator	Highlights	Notes
Elisa Eesti	Competitive prices, solid coverage, fast-growing 5G network in cities, easy prepaid options such as Kõnekaart and Zen.	✅ Best overall choice in 2025 – perfect mix of price, speed, and service. Highly recommended by Eesti Consulting.
Telia Eesti	Widest 4G/5G coverage in the country, great speeds, several sub-brands (Diil, Simpel, Super), strong customer support.	Slightly more expensive than competitors, especially for large data plans.
Tele2 Eesti	Very affordable starter packs, good data offers, popular budget brand Smart.	Network may be slower in remote areas; 5G rollout still in progress.

💳 Typical Prepaid Starter Packs

Operator / Brand	Price of Starter Pack	What’s Included	Validity / Notes
Elisa (Kõnekaart / Zen)	€1–5	Starter credit (€1–5) and small data/minute bundle.	Best prepaid option in Estonia; validity depends on top-ups, easy activation in stores or online.
Telia (Diil / Simpel / Super)	€2.95 (Diil, Simpel) / €1 (Super)	Credit, local minutes & data (depending on the plan).	Usually valid for 30 days.
Tele2 / Smart	€0.95–3.95	Basic credit and data, ideal for short stays.	Check EU roaming availability before travel.

*Prices as of 2025 – may vary by store or location (airport shops tend to be more expensive).

🛒 Where to Buy a SIM Card in Estonia

You can purchase Estonian SIM cards both in-person and online. Here are the most common options:

• Official Operator Stores: Visit Elisa Eesti, Telia, or Tele2 shops in major cities like Tallinn, Tartu, or Narva. Staff can assist with activation and choosing the best plan. Elisa shops are known for quick service and English-speaking staff.
• Convenience Stores, Kiosks & Supermarkets: Look for SIM cards at R-Kiosk, Circle K gas stations, or supermarkets like Rimi, Selver, Prisma, and Maxima. Prepaid packs are often displayed near the cashier — Elisa is the most widely available brand.
• At the Airport: Upon arrival at Tallinn Airport, you’ll find Elisa SIM cards at R-Kiosk and other retail points. Prices may be slightly higher, but it’s the fastest option for travelers.
• Online / eSIM Options: If your phone supports eSIM, Elisa allows online activation of prepaid and contract eSIM plans, perfect for digital nomads.

📑 Registration & Requirements

• Estonia’s prepaid SIM cards are simple to buy and use — no complex registration is required.
• In some stores, you may be asked to show an ID (passport or national ID) when purchasing.
• To keep your SIM active, you’ll usually need to top up periodically. Elisa offers the easiest online top-up process in English.

💡 Which SIM Should You Choose?

Your Needs	Recommended Operator
Best nationwide coverage, including rural areas	Telia Eesti
Best value for money	Elisa Eesti ✅ (recommended)
Cheapest short-term option	Tele2 / Smart
Reliable EU roaming	Telia or Elisa (check included EU packages)

🏁 Summary

Estonia offers excellent mobile services with simple prepaid options and strong 4G/5G coverage across the country.

✅ Elisa Eesti is a great all-around choice — affordable, fast, and easy to activate.

🟣 Telia Eesti offers the most reliable coverage and top-tier service quality.

🟢 Tele2 Eesti is perfect for budget travelers or short-term users.

Whichever you choose, getting connected in Estonia is quick, easy, and affordable — but if you want the best overall experience, we confidently recommend Elisa Eesti.

When registering a trademark in the European Union 🇪🇺, the golden rule is simple: you must act in good faith. But what happens if a mark is filed with dishonest intentions? In such cases, the application or registration can be challenged for bad faith ⚖️.

This concept protects honest businesses from abusive filings while keeping the system fair.

---

❓ What Does “Bad Faith” Mean in EU Trademark Law?

Bad faith arises when an applicant files a trademark without genuine commercial intent, or in a way that unfairly exploits others. For example, it can occur when someone files a mark purely to block competitors 🛑, copies a well-known brand to profit from its reputation ✂️, re-files the same mark to avoid proving genuine use 🔁, or stockpiles marks without any plan to use them 📦.

---

📜 Legal Basis

Under Article 59(1)(b) of the EU Trade Mark Regulation (EUTMR), a trademark can be declared invalid if it was filed in bad faith. This rule applies both at the EUIPO 🏢 for EU trademarks and at national offices for local filings.

---

⚖️ Key Cases on Bad Faith

The courts have clarified this concept through several landmark cases. In Sky v. SkyKick (CJEU, 2020) 🖥️, the court held that vague claims such as “computer software” are not automatically bad faith, but filing with no real intent to use may be abusive ❗.

In the Hasbro MONOPOLY case (EUIPO Board of Appeal, 2021) 🎲, Hasbro was found to have acted in bad faith by re-filing MONOPOLY trademarks simply to avoid proving use. This strategy was seen as an abuse of the EU system ⏳.

Finally, in Koton v. EUIPO (CJEU, 2019) 👔, the court ruled that bad faith may exist even if the applicant intends to use the mark, provided the main purpose of the filing is to block a competitor.

---

✅ How to Avoid Bad Faith Allegations

Businesses can protect themselves by filing trademarks responsibly. That means applying only for goods and services they genuinely intend to use 📌, avoiding overly broad claims ✍️, and keeping documentation of business plans 📂 to demonstrate intention. Copying competitor marks 🚫 is risky, even if they are not registered, as well-known marks enjoy protection under EU law. And while re-filings may be justified in some cases, they should always be supported by genuine expansion strategies 🔁.

---

🛡️ Challenging a Trademark for Bad Faith

If a business suspects a competitor of filing in bad faith, action is possible. During the application stage, one can file an opposition ⚔️. Against a registered mark, an invalidation request can be made 🧾 under Article 59(1)(b) EUTMR. In both cases, evidence is crucial. Proof that the mark was never used, evidence of copying, or signs of anti-competitive strategy can all support a claim 💡.

---

🌍 Why It Matters

Bad faith is not just a technical rule but a safeguard for fair play 🏆 in the European market. For startups and SMEs, it means protection from trademark squatters 🛡️. At the same time, it serves as a reminder that they must also act responsibly and avoid abusive filing strategies ⚠️.

---

🏁 Conclusion

The rules on bad faith ensure that trademarks serve their true purpose: distinguishing genuine goods and services in commerce. If you plan to file an EU trademark, it is essential to be clear about your intended use ✅, keep an eye out for abusive competitor filings 🔎, and be ready to use opposition or invalidation tools ⚖️ if needed. Additionally, understanding the nuances of how to register EU trademark is crucial, as it can significantly impact the success of your application. Consider conducting thorough research on existing trademarks to avoid potential conflicts that could arise from similar marks. Ultimately, being well-prepared and informed will enhance your chances of securing and maintaining your trademark rights effectively.

Trademark law is not only about registration — it is about trust, fairness, and balance in the marketplace 🤝.

---

📝 Apply for a Trademark in the EU with the SME Fund 2025 Grant

If you are considering protecting your brand in the European Union, 2025 is the perfect year to act. Thanks to the SME Fund 2025, small and medium-sized businesses can benefit from a 75% reimbursement on trademark application fees. This initiative makes brand protection more affordable than ever, ensuring that even early-stage startups can secure their identity across the EU 🇪🇺.

Applying through the fund is straightforward: you first request your voucher, then file your trademark, and finally activate your voucher to receive reimbursement. Even if your application is not successful, the grant still covers the costs — meaning there is little to lose and much to gain.

👉 To get started and take advantage of the SME Fund 2025, visit Eesti Consulting’s SME Fund portal.

Protecting your trademark today is not only about compliance — it’s about building long-term trust, credibility, and value for your business 🚀.

Estonia, a Baltic gem with just 1.3 million inhabitants, has become one of the world’s most impressive tech startup hubs. Thanks to its digital-first government, innovative e-Residency program, and a thriving entrepreneurial community, Estonia punches well above its weight in global tech.

In fact, Estonia ranks #1 in Europe and #5 globally for startup activity per capita according to StartupBlink. Let’s explore the top tech startups launched in Estonia that have revolutionized industries worldwide — plus why Estonia continues to attract founders and investors.

---

🌟 Estonia: The Digital Pioneer

Estonia was the first country to offer an e-Residency program launched in 2014, which today counts over 100,000 e-residents from 170+ countries (source). This digital identity lets entrepreneurs establish and manage an EU-based company entirely online.

More than 7,000 startups are estimated to be active in Estonia as of 2025 (EU Startup Monitor), supported by digital public services where you can register a company in under 18 minutes.

---

🚀 Leading Tech Startups Founded in Estonia

1. Skype 📞

Founded in 2003 by Estonian developers, Skype was acquired by Microsoft for $8.5 billion in 2011. It transformed global communication with over 300 million active users worldwide (Microsoft).

2. Wise (formerly TransferWise) 💸

Founded in 2011, Wise disrupted the $150 trillion global remittance market with transparent fees and real exchange rates. Today, Wise serves over 12 million customers globally and is valued at over $11 billion (Wise).

3. Bolt 🚗

Bolt operates in 45+ countries with more than 75 million users. It offers ride-hailing, electric scooters, and food delivery, generating over 1 billion rides per year (Bolt).

4. Pipedrive 📈

Pipedrive’s CRM platform is used by over 100,000 sales teams worldwide. It processes over 1 million deals per month, helping small and medium businesses close sales faster (Pipedrive).

5. Veriff 🛡️

Veriff’s AI-powered identity verification protects millions of users across industries like banking and crypto. It has raised over $70 million in funding as of 2024 (Veriff).

6. Testlio 🧪

Testlio offers crowdtesting by leveraging a global community of testers across 150+ countries. Its clients include Microsoft, Sony, and Fitbit (Testlio).

7. Starship Technologies 🤖

Starship’s autonomous delivery robots have completed over 1 million deliveries globally, operating in cities across the US and Europe (Starship).

8. Skeleton Technologies ⚡

Skeleton is Europe’s leader in ultracapacitors, powering energy storage solutions that increase electric vehicle range and grid stability. It has raised over €100 million (Skeleton).

9. Guardtime 🔐

Guardtime has secured critical infrastructures worldwide, including the Estonian government and NATO, using blockchain technology. It boasts millions of secured endpoints (Guardtime).

10. Adcash 📊

Adcash serves over 10,000 advertisers and publishers, optimizing digital advertising spend with AI-powered programmatic technology (Adcash).

---

🌐 Why Estonia Attracts Tech Startups

• Estonia’s corporate tax rate is 0% on reinvested profits, encouraging startups to grow and reinvest earnings
• You can register a company remotely via e-Residency in under 20 minutes, a process that usually takes weeks in other countries.
• Estonia ranks #1 in Europe for ease of doing business – World Bank Doing Business Report.
• The country has a high internet penetration rate of 94% and one of the fastest average broadband speeds globally (Speedtest Global Index).

---

📊 Emerging Sectors in Estonian Tech

• Artificial Intelligence: Startups like Veriff and Lingvist use AI for identity verification and language learning.
• Cybersecurity: Guardtime leads blockchain cybersecurity innovations.
• HealthTech: Digital health startups are emerging rapidly post-pandemic.
• GreenTech: Skeleton Technologies drives energy storage innovation.
• Robotics: Starship Technologies pioneers autonomous urban delivery.

---

🔮 The Future of Estonian Tech Startups

With ongoing investment — Estonia attracted €500 million in startup funding in 2024 alone (Estonian Startup Committee) — and a growing global network, Estonia’s tech ecosystem is poised for continued growth.

Entrepreneurs benefit from extensive accelerator programs, tax incentives, and access to the European single market. The government’s commitment to digital transformation ensures Estonia remains at the forefront of innovation.

---

📚 Useful Links for Entrepreneurs Interested in Estonia

• e-Residency Program — Start and run your EU company fully online
• Estonian Tax and Customs Board — Information on taxes and compliance
• Startup Estonia — Ecosystem support, funding, and events
• World Bank Doing Business Report — Business environment insights

---

Summary Table: Key Stats on Estonian Tech Startups

Startup	Founded	Sector	Users / Impact	Funding / Valuation
Skype	2003	Communication	300M+ users worldwide	Acquired by Microsoft $8.5B
Wise	2011	Fintech	12M+ customers worldwide	$11B+ valuation
Bolt	2013	Mobility	75M+ users, 1B+ rides/year	$4B+ valuation
Pipedrive	2010	CRM Software	100,000+ sales teams	$90M+ raised
Veriff	2015	Identity Verification	Millions of verifications	$70M+ raised
Starship Tech	2014	Robotics	1M+ deliveries completed	$100M+ raised
Skeleton Tech	2009	Energy Storage	Leading ultracapacitor tech	€100M+ raised
Guardtime	2007	Cybersecurity	Millions of secured endpoints	Private
Adcash	2007	Digital Advertising	10,000+ advertisers and publishers	Private

Registering a company in Estonia can be a straightforward process, but if you can’t be physically present or prefer to delegate the task, you can authorize someone else to do it by Power of Attorney (PoA). This method is commonly used in cross-border setups, by digital nomads, or in situations where legal or business representatives handle formation tasks.

Here’s how to register a company by Power of Attorney in clear steps:

---

✅ Step 1: Decide on the Company Structure and Details

Before issuing a Power of Attorney, decide the key details of your future company:

• Company name – check if your company name is avaiable
• Legal form (e.g., OÜ in Estonia)
• Share capital
• Business address – buy a contact person & legal address service
• Field of activity
• Board members and shareholders

These details will be used by your authorized representative during the registration process.

---

✅ Step 2: Draft the Power of Attorney (PoA)

Create a legally valid Power of Attorney document that authorizes a specific person (or legal firm) to act on your behalf. The PoA should clearly state:

• Your full name and identification details
• The representative’s full name and details
• The specific rights granted (e.g., signing incorporation documents, submitting forms)
• Jurisdiction (country) where the PoA applies
• Date and signature

⚠️ Legal requirement: In many jurisdictions, the PoA must be notarized and sometimes apostilled (if signed abroad).

---

✅ Step 3: Notarize and Apostille the PoA (if required)

Depending on the country:

• Have the PoA notarized by a local notary public
• In cross-border cases, get the apostille according to the Hague Convention (to make it legally valid abroad)

Send the original or certified copy to your representative, as required by local law.

✅ No Apostille Needed: Countries with Legal Aid Agreements with Estonia

Estonia has concluded mutual legal aid agreements with certain neighboring countries. According to these agreements, public documents issued or certified in these countries are recognized in Estonia without any further certification — meaning no apostille or legalisation is required.

📄 Countries included in this agreement:

• 🇱🇹 Republic of Lithuania
• 🇱🇻 Republic of Latvia
• 🇵🇱 Republic of Poland
• 🇺🇦 Ukraine

Estonia will accept official documents from these countries without apostille, and likewise, documents from Estonia are recognized in these countries without further certification.

---

✅ Step 4: Submit Company Registration Documents

Your representative will handle all paperwork and formalities using your PoA. This typically includes:

• Submitting the company application
• Signing incorporation documents (articles of association, etc.)
• Registering the business address
• Appointing board members, shareholders and beneficial owners
• Paying the state fee (if applicable)

This is usually done online in digital-first countries (e.g. Estonia) or in person at a commercial registry office elsewhere.

---

✅ Step 5: Receive Confirmation of Registration

Once submitted, the business registry will process the application — typically within a few business days.

After approval, you’ll receive:

• Company registration certificate
• Company number
• Access to company data and e-services (if applicable)

---

✅ Step 6: Optional – Open a Business Bank Account

In many cases, your representative can also help you open a company bank account using the same PoA — if the bank accepts it.

Check with the bank whether:

• Physical presence is required
• Online verification is possible
• Additional PoA wording is needed

Estonia, a small but dynamic country in Northern Europe, is known for its high-quality education system, cutting-edge technology, and rich cultural heritage. Estonia has become an increasingly popular destination for international students, offering world-class education at affordable rates. With its friendly atmosphere, innovative environment, and strong focus on digitalization, Estonia provides students with a unique opportunity to not only receive an excellent education but also be part of a vibrant, tech-savvy society.

Here’s a breakdown of the top universities in Estonia, along with why it’s worth studying in this beautiful Baltic country. Estonia is not only renowned for its high-quality education but also for its innovative approach to technology and entrepreneurship. Students in Estonia benefit from a vibrant startup ecosystem and the opportunity to engage in research that impacts the global stage. Additionally, universities often provide insights into the ‘annual financial overview of Estonia’, helping students understand the economic landscape they are entering. Moreover, the country offers a wide array of programs tailored to meet the demands of the modern job market, including specialized courses in business and technology. Students interested in financial careers will find opportunities to study accounting solutions in Estonia, equipping them with the skills needed to excel in a rapidly evolving economy. With a strong emphasis on practical learning and collaboration with industry leaders, graduates are well-prepared to take on global challenges.

1. University of Tartu (Tartu Ülikool)

Website: https://www.ut.ee/

The University of Tartu is the oldest and most prestigious university in Estonia, founded in 1632. It has built a global reputation for its excellence in research and education. The university offers a wide range of programs at undergraduate and postgraduate levels, including disciplines in the humanities, social sciences, technology, and natural sciences.

Why Study at the University of Tartu?

• Global Reputation: It consistently ranks among the best universities in the world, particularly in fields like technology, medicine, and social sciences.
• Research Excellence: The university is home to many internationally recognized researchers, especially in areas like digitalization, medicine, and natural sciences.
• Interdisciplinary Opportunities: The university offers unique opportunities for interdisciplinary studies, allowing students to gain knowledge from multiple fields.
• International Student Community: Tartu has a large international student body, making it easy for students from all over the world to connect and collaborate.

---

2. Tallinn University of Technology (Tallinna Tehnikaülikool)

Website: https://www.ttu.ee/en/

Known as TalTech, this university specializes in technology, engineering, and innovation. It is the go-to institution for students interested in cutting-edge industries like IT, robotics, engineering, and business technology.

Why Study at TalTech?

• Leading in Technology: TalTech is Estonia’s leading institution for technical studies, with strong emphasis on research and innovation in the digital realm.
• Strong Industry Ties: TalTech has close connections with major Estonian tech startups, offering students ample internship and job opportunities.
• Entrepreneurial Spirit: TalTech encourages innovation, providing students with tools and support for creating their own startups and businesses.
• State-of-the-Art Facilities: The university has top-tier labs and research centers dedicated to the study of robotics, artificial intelligence, and engineering.

---

3. Tallinn University (Tallinna Ülikool)

Website: https://www.tlu.ee/en

Tallinn University offers a comprehensive range of programs, including the humanities, social sciences, natural sciences, and arts. The university focuses on a holistic, student-centered approach, encouraging interdisciplinary collaboration and a global perspective.

Why Study at Tallinn University?

• Interdisciplinary Focus: The university promotes an interdisciplinary approach to education, encouraging students to explore various fields.
• Global Network: TLU has partnerships with universities worldwide, facilitating exchange programs and collaborative research opportunities.
• Vibrant Location: Situated in the cultural heart of Tallinn, students have access to an exciting city filled with history, art, and a thriving tech scene.
• Excellent Social Science Programs: TLU is renowned for its research and programs in social sciences, including education, political science, and sociology.

---

4. University of Life Sciences (Eesti Maaülikool)

Website: https://www.emu.ee/en/

The University of Life Sciences, located in Tartu, focuses on agricultural sciences, environmental studies, and sustainability. If you’re interested in fields like agriculture, forestry, or veterinary medicine, this is the place to be.

Why Study at the University of Life Sciences?

• Focus on Sustainability: The university is dedicated to creating a sustainable future with programs in environmental conservation, agricultural innovation, and rural development.
• Hands-On Learning: Students engage in practical, field-based experiences, giving them the chance to work with real-world environmental and agricultural challenges.
• Specialized Programs: The university offers highly specialized degrees in areas such as forestry, food technology, and veterinary medicine.
• Research in Environmental Sciences: EMU is a leading institution in Estonia for research in environmental and agricultural sciences.

---

5. Estonian Business School (EBS)

Website: https://www.ebs.ee/en

Estonian Business School is the leading business school in the country, offering internationally recognized programs in business administration, marketing, finance, and entrepreneurship. EBS is ideal for students looking to pursue careers in business or who wish to start their own companies.

Why Study at EBS?

• International Recognition: EBS offers globally recognized degrees and is accredited by international organizations like AACSB and AMBA.
• Networking Opportunities: The business school has excellent ties to global companies and local startups, providing valuable internship and employment opportunities.
• Entrepreneurial Environment: EBS fosters an entrepreneurial mindset, offering students opportunities to start their own businesses and participate in innovation projects.
• English-Taught Programs: Many of EBS’s programs are taught in English, attracting a diverse, international student body.

---

Why Is It Worth Studying in Estonia?

Estonia is a country that offers an ideal environment for students to thrive academically, socially, and professionally. Here’s why studying in Estonia is a great choice:

1. High-Quality Education

Estonia consistently ranks among the top countries in the world for education. Estonian universities are recognized for their academic rigor and research output, especially in areas such as technology, business, social sciences, and environmental studies. The programs are often internationally accredited, ensuring that students receive an education that is globally competitive.

2. Innovation and Digitalization

Estonia is one of the most digitally advanced countries in the world. Known for its e-government and innovation in tech, Estonia provides students with a chance to learn in a forward-thinking environment where technology is at the heart of society. Many universities offer specialized programs in fields like artificial intelligence, blockchain, and cybersecurity—equipping students with the knowledge to navigate and mitigate real-world cybersecurity risks that are increasingly relevant globally.

3. Affordable Education

Compared to many Western European countries, studying in Estonia is relatively affordable. Tuition fees at Estonian universities are often lower than in many other European countries, and the cost of living in Estonia is also quite reasonable. This makes Estonia an attractive destination for international students looking for quality education without breaking the bank.

4. Strong Job Opportunities

Estonia has a booming tech scene and a strong economy, with many opportunities for graduates, especially in industries like IT, engineering, business, and digital technology. With close links to the local startup ecosystem, students have access to internships and employment opportunities with some of the biggest tech companies in Europe. Additionally, the country’s streamlined business environment facilitates entrepreneurship, allowing new ventures to flourish. For instance, the Estonia subsidiary registration process is notably efficient, making it easier for graduates to launch their own startups. This supportive infrastructure not only nurtures innovation but also attracts international tech firms looking to establish a presence in the region.

5. Cultural Diversity

Estonia offers a diverse and welcoming environment for international students. The local population is friendly and open, and English is widely spoken, especially in universities. With students from all over the world, you’ll be part of an international community that fosters cultural exchange and collaboration.

6. Stunning Natural Beauty

Estonia boasts beautiful landscapes, including forests, lakes, and a long coastline. The capital, Tallinn, is a charming city with a rich medieval history and modern amenities, making it a wonderful place to study, live, and explore. Whether you’re interested in outdoor activities or cultural events, Estonia offers a balanced lifestyle that combines academic excellence with natural beauty.

---

Conclusion

Estonia offers a unique and rewarding educational experience that combines high-quality academic programs, a digital-first environment, and a beautiful setting. Whether you are interested in technology, business, social sciences, or environmental studies, Estonian universities provide a wealth of opportunities to gain the skills and knowledge you need to succeed in your career. If you’re looking for an affordable, innovative, and internationally recognized education, Estonia should be at the top of your list!

Start your journey today and join thousands of international students who have chosen Estonia for its excellent education, modern lifestyle, and vibrant student culture.

Learning Estonian can feel like a bit of a challenge, especially if you’re a native English speaker. This is because Estonian is part of the Finno-Ugric language family, which is different from the language families that English, French, or Spanish belong to. But don’t worry! While Estonian has some tricky grammar and words, it’s also got some helpful features, like straightforward pronunciation and easy spelling.

The difficulty really depends on you—how much time you can spend learning, what methods you use, and how much you’re willing to practice. In the end, Estonian is not impossible to learn, and with the right tools, you can make steady progress!

In this article, we’ll show you some of the best apps to help you learn Estonian in an easy and fun way.

---

1. Ling: Learn Estonian Language with Fun Games

Ling is a super fun way to start learning Estonian! It has tons of topics to choose from, and the lessons feel more like games. You’ll be able to practice vocabulary and conversations with quizzes and fun chatbot chats. Plus, the app has native speaker audio to help you with your pronunciation.

• Why you’ll love it: Fun and easy, perfect for beginners!
• Link: Ling App

---

2. HelloTalk: Chat with Native Estonian Speakers

HelloTalk lets you chat directly with native Estonian speakers! You can text, send voice messages, or even have video calls. This is a great way to practice real conversations and get feedback from people who speak Estonian every day.

• Why you’ll love it: Real conversations, instant feedback from natives.
• Link: HelloTalk

---

3. Simply Learn Estonian: Quick and Easy Phrases

Simply Learn Estonian is perfect if you want to learn basic phrases and words. It has over 300 useful phrases, and you can listen to them spoken by native speakers. Plus, it has flashcards and quizzes to help you remember what you’ve learned.

• Why you’ll love it: Simple, practical phrases, great for beginners!
• Link: Simply Learn Estonian

---

4. SayEst: Master Your Pronunciation

If you want to sound like a native Estonian speaker, SayEst is the app for you. It focuses on helping you improve your pronunciation by giving you feedback as you speak. The app uses speech recognition, so you’ll always know if you’re saying things right.

• Why you’ll love it: Focuses on helping you pronounce words correctly.
• Link: SayEst

---

5. Lingvist: Learn Estonian Your Way

Lingvist is all about making your learning experience unique to you. The app tracks how you’re doing and adjusts lessons based on your progress. It focuses on teaching you the most common words, so you’re learning what you’ll actually use in everyday conversations.

• Why you’ll love it: Personalized learning at your own pace.
• Link: Lingvist

---

6. Anki: Flashcards for Easy Learning

If you love flashcards, Anki is a great tool for learning Estonian vocabulary. You can create your own decks or use pre-made ones. The app uses spaced repetition, which helps you remember words over time.

• Why you’ll love it: Easy to use, great for memorizing vocabulary.
• Link: Anki

---

7. Clozemaster: Learn Estonian in Sentences

Clozemaster is perfect if you’re looking to practice Estonian in context. You’ll fill in missing words in sentences, which helps you learn vocabulary in a natural way. It’s great for learners who want to go beyond basics and start understanding how Estonian works in real-life conversations.

• Why you’ll love it: Learn Estonian through context, ideal for intermediate learners.
• Link: Clozemaster

---

8. 50 Languages: A Comprehensive Learning Tool

50 Languages is perfect if you’re looking for a wide variety of lessons. The app covers everything from simple greetings to more complex grammar, with audio from native speakers to help you with listening and pronunciation.

• Why you’ll love it: Lots of lessons to help you progress at your own pace.
• Link: 50 Languages

---

9. iTalki: Learn Estonian with a Personal Teacher

If you want a more personalized experience, iTalki is the app to check out. You can schedule one-on-one lessons with professional Estonian teachers who will guide you through speaking, grammar, or whatever else you need.

• Why you’ll love it: Custom lessons with real teachers.
• Link: iTalki

---

10. Drops: Learn Estonian in Fun, Bite-Sized Sessions

Drops is a great app if you’re looking to learn vocabulary in a fun and fast way. The app uses visuals and short sessions (only five minutes a day!) to teach you new words and phrases. It’s perfect for busy people who want to learn in small bursts.

• Why you’ll love it: Quick and easy lessons that fit into your busy schedule.
• Link: Drops

---

Final Thoughts

Learning Estonian might seem tricky at first, but with these amazing apps, you’ll have all the help you need to make it easier and more enjoyable. Whether you’re a beginner or looking to improve your skills, there’s an app for you. Just choose the ones that fit your learning style, and start practicing today!

Neglecting a Business Plan: The Costly Mistake Startups Make

Is business just luck and throwing spaghetti against the wall to see what sticks? Or are there fundamental principles that separate successful entrepreneurs from those who crash and burn?

I’ve been starting and growing businesses for over five years through my consulting firm, Coaching 4 Companies. During that time, I’ve advised countless entrepreneurs. And let me tell you—the ones who followed key business principles reduced their risk, effort, and cost. The ones who ignored them? They wasted time, money, and resources.

One of the biggest mistakes I see? Starting a business without a structured plan.

A solid business plan isn’t just a formality—it’s the foundation of your success. Without it, you’re setting yourself up for failure. Let’s talk about why so many founders skip this crucial step and the consequences of neglecting a business plan.

---

Why Founders Ignore Business Planning (And Why It’s a Huge Mistake)

For some reason, people treat business differently from every other discipline. If a doctor tells you to take medicine for your kidney pain, you listen. If a lawyer gives you legal advice, you follow it. But when it comes to business, too many people think it’s all about instinct, gut feeling, or getting lucky.

Reality check: Business is a structured discipline governed by principles. You wouldn’t build a house without blueprints—so why start a business without a plan?

Despite this, many founders make the mistake of skipping a business plan because:

• They think it’s unnecessary. They assume they can “figure it out as they go.”
• They’re impatient. They want to jump straight into launching and selling without planning.
• They don’t know how. Writing a business plan sounds intimidating, so they avoid it.
• They think it only matters for investors. They assume that if they’re self-funding, they don’t need a plan.

But here’s what actually happens when you neglect a business plan.

---

The Consequences of Skipping a Business Plan

1. No Clear Direction (Winging It Leads to Failure)

Without a business plan, you have no real strategy. You’re just reacting to whatever comes your way. That leads to:

• Unclear goals: What exactly are you trying to achieve? If you don’t define it, you’ll never reach it.
• Inconsistent decision-making: You’ll constantly second-guess yourself without a roadmap.
• Wasted resources: You’ll burn time and money on things that don’t actually move your business forward.

A business plan forces you to clarify:
✅ What problem you’re solving
✅ Who your ideal customers are
✅ How you’ll stand out from the competition

When you skip this step, you’re flying blind—and that’s a recipe for disaster.

2. Struggling to Secure Funding (Investors Need a Plan)

Need funding to launch or scale your business? Investors and banks want to see a concrete plan before they trust you with their money.

Without a business plan:

• You’ll struggle to convince investors. They want to see financial projections, a market analysis, and a clear strategy before investing.
• Banks won’t take you seriously. If you’re applying for a loan, lenders need to see a structured plan that proves you can repay the money.
• Even bootstrapped businesses suffer. If you’re self-funding, a plan helps you allocate money wisely instead of burning through cash with no strategy.

A well-structured business plan reduces risk for investors and increases your chances of securing funding.

3. No Roadmap for Growth (You’ll Lose Focus)

A business plan isn’t just for the launch phase—it’s a living document that guides your growth.

Without one, you’ll constantly be putting out fires instead of making strategic decisions that scale your business. You might:

• Chase too many opportunities at once. Without a clear focus, you’ll get distracted and spread yourself too thin.
• Struggle to adapt. A good plan helps you anticipate challenges and pivot strategically.
• Fail to measure progress. If you don’t track key metrics, how will you know if you’re succeeding?

A business plan helps you stay on track, make informed decisions, and adjust as needed.

---

How to Avoid These Pitfalls: Build a Business Plan (The Right Way)

The good news? Creating a business plan doesn’t have to be complicated. Here’s how to break it down into manageable steps:

1. Executive Summary

Your elevator pitch—a concise overview of your company, mission, and goals.

2. Company Description

Detail your products or services, target market, and competitive advantage.

3. Market Analysis

Research your industry, competitors, and target audience. What are their needs, pain points, and desires?

4. Marketing & Sales Strategy

How will you attract and convert customers? What channels will you use?

5. Management Team

Investors want to know who’s running the show. Highlight your team’s expertise and qualifications.

6. Financial Projections

Forecast your revenue, expenses, and profitability. If this feels overwhelming, use tools like AI-powered business plan generators.

Still unsure how to get started? Check out this guide on how to write a business plan australia. Just remember—templates are a starting point, not a substitute for real strategy.

---

Final Thoughts: Business Is a Discipline, Not a Gamble

Success in business isn’t about luck—it’s about strategy, execution, and discipline.

A business plan isn’t just paperwork. It’s your blueprint for success. It keeps you focused, helps you secure funding, and provides a roadmap for sustainable growth.

If you’re serious about building a business that lasts, stop treating business like a game of chance. Take control. Build a plan. And set yourself up for real success.

---

About the Author

Wayne Brown is the CEO of Coaching 4 Companies, based in Hong Kong, with branches in Singapore, Shanghai, and Australia. His firm specializes in business consulting, coaching, and executive development services designed to help SMEs achieve real performance, growth, and value. Wayne and his team have delivered impactful programs for Fortune 500 companies, including Siemens, Amazon, Google, and Coca-Cola.

 

Read this artcile How to verify VAT EU Number or Just Use your VAT Checker Tool.

Verifying a company’s VAT status within the European Union is a crucial step for businesses to ensure compliance and maintain smooth cross-border transactions. The VIES (VAT Information Exchange System) website offers a straightforward way to check if a company is VAT registered. Whether you’re looking to perform a VAT number check by company name, conduct a VIES VAT number check, or simply find a VAT number, this guide will walk you through the process. We’ll also touch on the use of the EORI checker and provide a VAT number example for clarity. Read on to learn how to check if a company is VAT registered without a VAT number and ensure your business dealings are above board.

List of eligible countries for VAT checks:

🇦🇹 Austria 🇧🇪 Belgium 🇧🇬 Bulgaria 🇭🇷 Croatia 🇨🇾 Cyprus 🇨🇿 Czech Republic 🇩🇰 Denmark 🇪🇪 Estonia 🇫🇮 Finland 🇫🇷 France 🇩🇪 Germany 🇬🇷 Greece 🇭🇺 Hungary 🇮🇪 Ireland 🇮🇹 Italy 🇱🇻 Latvia 🇱🇹 Lithuania 🇱🇺 Luxembourg 🇲🇹 Malta 🇳🇱 Netherlands 🇵🇱 Poland 🇵🇹 Portugal 🇷🇴 Romania 🇸🇰 Slovakia 🇸🇮 Slovenia 🇪🇸 Spain 🇸🇪 Sweden

Verify European Company on VIES

1. Go to our VAT Checker Tool.
2. Input above data – choose suitable Country Code + VAT Number belonging to a company
3. Click Verify and check the status of VAT Number.

Verify UK VAT Number on Gov.uk 

As of January 1, 2021, you can’t validate UK (GB) VAT numbers on the VIES website anymore. For Northern Ireland, use the “XI” option in the drop-down menu. For UK (GB) VAT numbers you can check it here https://www.gov.uk/check-uk-vat-number

VAT Checker for EU Companies Only

How it works in Estonia?

Get a VAT Number in Estonia with simply steps

Step 1: 🌐 Start by applying for an e-Residency card, which allows you to establish and manage an EU-based company online. This digital ID enables you to access various business services remotely.

Alternatives:  Buy ready made company or register a company by notary public.

Step 2: 📍 Select a convenient pick-up location in your home country for collecting your e-Residency card. This is typically a local embassy or consulate.

Step 3: 🤝 Partner with a reliable service provider such as Eesti Consulting. We offer legal address services, a contact person, and comprehensive company registration assistance to help you set up your business efficiently.

Step 4: 🏢 Start a company in Estonia. After receiving your e-Residency card, you can register your company online. Choose your company’s name and fill out the required forms. The process is straightforward and can be completed in a few steps.

Step 5: 💼 Register your company for VAT. Once your company is set up, apply for a VAT number to comply with tax regulations. This allows you to charge VAT on your sales and reclaim VAT on your business expenses.

Verify VAT Number in Estonia 

1. Just visit the Commercial Register page and check “VAT Information” section or visit EMTA website.

Did you hear that there is no TIN Number in Estonia? TIN number is Tax Identification Number.

Starting a company in Estonia as a foreigner is a fantastic opportunity because the country is very welcoming to international entrepreneurs. Estonia’s advanced digital systems and supportive government policies make it easy for foreigners to set up and run a business.

Foreigners have the right to open a company in Estonia, even if they don’t live there. This is possible through Estonia’s e-Residency program. With e-Residency, anyone in the world can get a digital ID that allows them to register and manage a company online. The process is simple and quick, allowing entrepreneurs to access Estonia’s business-friendly environment and the European market without much hassle.

Estonia is an ideal place to start your first startup because 99% of the population uses the internet regularly. The country also ranks #1 in the Tax Foundation Rankings, making it attractive for business from a tax perspective.  Additionally, Estonia has developed high-quality e-banking services that encourage people to get online, embrace e-governance, and use e-ID. These factors make Estonia a perfect hub for digital businesses and innovation.

Estonia’s commitment to making business easy for everyone, including foreigners, makes it an attractive place to start and grow a company.

Advantages of Having Company in Estonia for Foreigner

Estonia offers significant tax advantages for businesses, making it an attractive destination for startups and entrepreneurs. One of the most appealing aspects is the 0% tax on retained and reinvested profits. For example, if your startup does not pay out dividends to company shareholders and instead reinvests the profits back into the business year after year, there is no corporate tax to pay. Your startup benefits from a 0% tax rate on these reinvested profits, allowing for more capital to fuel growth and innovation.

When it comes to distributed profits, Estonia has a tax rate of 14-20%. This tax applies when the company pays out profits to its shareholders. Despite this, the overall tax burden remains favorable compared to many other countries.

Moreover, Estonia’s tax system is highly efficient and user-friendly. An impressive 98% of taxes are declared electronically. Using your e-ID card or Smart ID, you can easily file VAT returns, submit annual reports, or apply for special licenses for your business. Filing a personal tax declaration can be done in just three minutes, showcasing the convenience and speed of Estonia’s digital infrastructure.

Additional benefits of Estonia’s e-Residency and digital governance include:

Encryption and Decryption: With your e-Residency card, you can encrypt and decrypt your corporate documents, ensuring secure communication and data protection.

E-Notary Public System: You can conclude agreements using the e-Notary public system via teleconference software. Unlike other EU countries where you must visit a local notary public office, in Estonia, this process can be completed remotely if both parties are e-ID card holders.

Investment Company Flexibility: You can create an investment company with multiple shareholders, and the transaction of purchasing shares is simplified without the need for a notarial meeting.

Quick Certificate of Tax Residency: Obtaining a certificate of tax residency is efficient, taking only 1-2 business days.

Simple Process of a Trademark Registration with EPA Office. 

These advantages, combined with Estonia’s supportive business environment and advanced digital infrastructure, make it an ideal location for starting and growing a company

Company for foreigners: 2 approaches

Simple Checklist:  Register company by e-Residency Card

Apply for e-Residency Card

Complete the application online.

Pay the state fee.

Choose Your Pick-Up Point

Select where you will collect your e-Residency card.

Receive Card

Collect your e-Residency card from your chosen pick-up point.

Find Service Provider

Set up a legal address and contact person for your company.

Run Your Company

Choose your business name.

Note: The company name cannot be similar to existing ones and must be unique. Check the Trademark Registration Database to ensure the name is available. The Commercial Register (RIK) does not allow the registration of a company name that is already trademarked.

Simple Checklist: How to Form a Company with a Notary Public

If you live outside of Estonia and there are no pick-up points available in your country, you might need to travel thousands of kilometers to receive your e-Residency card. Don’t have the time or money for traveling? You can also register a company fully remotely using a notary public with the assistance of Eesti Consulting.

Documents Required:

1. Power of Attorney Notarized and apostilled, issued in your home country.
2. Certified Translation of Power of Attorney From your home country’s language to Estonian. We can help you with this.
3. Other Documents
4. Passport copy
5. Utility bill
6. Filled KYC/AML form (We will check your business background).

It takes some time, but we can incorporate a company for you smoothly and without any rush!

Summary

Starting a company in Estonia as a foreigner is straightforward and beneficial. The e-Residency program allows you to set up and manage a company online without living in Estonia. This is especially great for businesses like SEO agencies, IT professionals, webdesigners since almost everyone in Estonia uses the internet, and the country has top tax rankings.

Estonia offers a 0% tax on reinvested profits, meaning you pay no corporate tax if you don’t distribute dividends. The tax on distributed profits is between 14-20%. Most taxes are declared electronically, making the process quick and easy.\ Additionally, Estonia has relatively straightforward tax residency requirements in Estonia, allowing foreign investors to establish businesses without bureaucratic hurdles. This favorable environment encourages reinvestment and economic growth, as entrepreneurs can focus on scaling their firms rather than navigating complicated tax regulations. Furthermore, the digital infrastructure supports a seamless experience for both local and international companies looking to thrive in the Estonian market.

If you can’t travel to pick up your e-Residency card, you can still register your company remotely with a notary public through Eesti Consulting. This involves a few documents like a notarized Power of Attorney, a certified translation, and some personal identification.

In conclusion, Estonia’s business-friendly environment, advanced digital services, and favorable tax policies make it an excellent place for foreigners to start and grow a company. Additionally, the country’s commitment to innovation and entrepreneurship fosters a supportive ecosystem that encourages startups to thrive. Furthermore, businesses can benefit from a range of accounting solutions in Estonia, which streamline financial management and compliance. This makes it easier for companies to focus on their core operations while ensuring they meet regulatory requirements efficiently.

Ah… Estonia, Your Perfect Choice! 🌟

Estonia offers a great business environment with advanced digital services and a unique e-Residency program. It’s known for its efficient tax system and ease of company registration, making it a top choice for entrepreneurs around the world. Studies show that foreign investors value Estonia’s stable and secure economy, thanks to its strong political and economic foundation. The country’s fair tax system and business-friendly policies make it a competitive place to register a company.

Investors often praise Estonia’s tax benefits. The country is ranked #1 globally for tax competitiveness. Key advantages include no corporate income tax on retained and reinvested profits and a 14-20% tax on distributed profits. Taxes can be filed entirely online, and there are several grants and incentives available for foreign investors looking to register a company.

Why e-Residency Card reduces registration costs?

From an advisor’s perspective, using the e-Residency card can help you cut costs when setting up a company in Estonia. Firstly, it avoids the high fees you’d pay for a notary. Secondly, it saves time, as forming a company through a notary usually takes 5-7 business days for updates. Finally, e-Residency lets you complete everything online and instantly, making the process much smoother.

Company Registration Fees in Estonia

Understanding the costs associated with company registration in Estonia is crucial. Here is a detailed breakdown of the different registration methods and their costs.

Registration by e-Residency Card

An e-Residency card is a digital ID card provided by Estonia. It allows people from anywhere in the world to access Estonian online services, start and manage a business online, and sign documents electronically.  Haven’t e-Residency card yet? Just choose apply here.

Service	Cost (€)
State Fee for Company Registration	€265
Application for e-Residency	€100-120
Legal Address	€100
Contact Person	€100

Registration by Notary Public

A Notary Public from Tallinn is an official authorized to perform legal acts and certify documents in Estonia’s capital, Tallinn. They handle tasks like verifying signatures, authenticating documents, and assisting with property transactions, business registrations, and other legal matters.

Eesti Consulting frequently conducts transactions using Tallinn’s notary with a Power of Attorney from our clients. We assist with company registration for clients who do not have an e-Residency card, handle paper Annual Reports, help sell or buy shares on behalf of companies, and fill in outstanding data for the Commercial Register (rik).

Service	Cost (€)
State Fee	€200
Notarial Fees	€50-200
Legal Address	€100
Contact Person	€100

Registering a company through a notary public is another option, particularly for those who prefer or require in-person verification. This method includes costs such as the state fee, notary fees, legal address, and contact person services. Like the e-Residency registration, additional costs can include accounting services and business banking.

Required Documentation 📑
Power of Attorney – notarized and apostilled
Proof of ID And Address

The presence of the client is not required. All activities can be done fully remotely without the presence of the client. Our attorney will handle all tasks on behalf of the client using the e-Notary system.

Buying a Ready-Made Company in Estonia

Purchasing a ready made company is an alternative for those looking for a quicker start. This method involves buying an existing company that has already been registered. Costs include the purchase price, legal address, and contact person services. Additional optional costs might include accounting services and business banking.

Service	Cost (€)
Cost of Ready-Made Company	€2500
Notarial Fees	€350
State Fees (RIK)	€25
Certified Translations of Power of Attorney	€150

Success of Lignogroup from Tallinn

LIGNO is a platform and brand of wood products, dedicated to promoting sustainable goods globally. Offering over 700 items, LIGNO also specializes in custom wood products. LIGNO collaborates with designers, architects, the HoReCa sector, distributors, wholesalers, and private brands. Located in the ecologically pristine Ukrainian Carpathians, LIGNO‘s production facilities enable to manufacture large volumes of high-quality wood products efficiently.

Conclusion

Starting a company in Estonia involves various costs depending on the chosen registration method. Whether opting for the e-Residency card, notary public registration, or buying a ready-made company, understanding these costs will help you make an informed decision. Consider your business needs and preferences to choose the most suitable method for your venture in Estonia.

SimplBooks Accounting Software: Empowering E-Residents

In today’s digital age, e-residency has revolutionized business ownership by enabling entrepreneurs to manage their companies remotely. SimplBooks, an intuitive accounting software tailored for small and medium-sized enterprises, is an ideal solution for e-residents seeking efficient financial management tools.

Simplifying Financial Management

SimplBooks offers a user-friendly interface designed to streamline financial tasks such as invoicing, expense management, and reporting. This accessibility makes accounting straightforward, even for users with limited financial expertise.

Tailored for E-Residents

Global Accessibility: E-residents can securely access their accounting data from anywhere with an internet connection, facilitating seamless cross-border business operations.

Multi-Currency Support: SimplBooks accommodates international transactions by supporting multiple currencies, simplifying financial management for e-residents conducting business globally.

Compliance with Regulations: SimplBooks helps e-residents in staying compliant with local tax regulations, providing tools to navigate international tax laws efficiently.

Remote Collaboration: The software enables e-residents to share accounting data securely with stakeholders worldwide, enhancing remote collaboration and communication.

 

Key Features for E-Residents

 

E-Invoicing and E-Filing: SimplBooks facilitates digital invoicing and e-filing, reducing paperwork and administrative burdens for e-residents.

Bank Integration: Seamless bank integration automates transaction imports and simplifies reconciliation processes, essential for e-residents managing finances remotely.

Data Security: SimplBooks prioritizes data security with encryption and regular backups, ensuring the protection and privacy of users’ financial information.

Continuous automatic updates: Over 50 software updates per year, or an average of one update per week, at no additional cost.

Why Choose SimplBooks?

SimplBooks offers e-residents:

Efficiency: Automation of accounting tasks allows e-residents to focus on business growth.

Accessibility: Cloud-based architecture ensures anytime, anywhere access to critical financial data.

Affordability: Cost-effective pricing plans cater to businesses at different stages of growth.

Trusted: Already more than 20,000 active users – entrepreneurs and accountants.

Conclusion

SimplBooks is more than just an accounting software—it’s a strategic ally for e-residents navigating global business operations. With its intuitive interface, robust features, and commitment to data security, SimplBooks empowers e-residents to thrive in the digital economy confidently. For the latest updates and detailed information about SimplBooks, visit their official website or reach out to their support team directly.

Introduction to Trademark Guide

In this article I’ll show you How To Register EU Trademark in 2024 in the EU 🇪🇺
Keypoints:

1. Definition of a Trademark
2. Types of Trademarks: Wordmarks, Figurative Marks
3. Creating an account on EUIPO website
4. Risk Assesment & Preparation of an Application
5. SME FUND 2024 Opportunity – Save 75% on EUIPO Fees
6. Submitting an Application
7. Examination & Opposition Proccess.

Do It Yourself or Hire Eesti Consulting

1. Go to Trademark Registration Offer
2. Use “Readers20” discount code.

What is a Trademark? 🔍

A trademark is a unique sign, logo, symbol, word, or mix of these elements that helps identify and set apart the products or services of one business from others. It’s essential for creating a brand identity and protecting customers.

Types of Trademarks 📚

A trademark can include words, letters, numbers, shapes, colors, and sounds. The two main types of trademarks are word marks and figurative marks.

Wordmarks 🛍️

Wordmarks contain:  words, letters, numbers or other standard typographic characters. 

Advantages of a Wordmarks

Advantage	Description
Name Protection 🔒	Protects the name itself, not just the logo.
Domain Safety 🌐	Stops others from using similar names in domains.
Rebranding Proof 🔄	Stays valid even if you change the logo.
Easy Proof of Use 📄	Any use of the word counts, making it easy to prove.
Strong Legal Defense ⚖️	Easier to show someone violated your trademark.
Less Copyright Issues ✍️	Avoids copyright fights over logos.
Ad Protection 🛡️	Blocks competitors from using your trademark in Google Ads.
Keywords:	trademark registration, trademarks, trademark

Figurative Marks 

Example of a figurative trademark registered with Eesti Consulting 

Figurative marks are trademarks that use unique characters, special designs, different layouts, or colors. They might only have pictures or a mix of words and pictures.

Checklist for Trademark Registration in the EU (2024) 📝

1. Identify your Trademark Type and Estimate Risks! 🔍

Identify the Trademark Type: Choose between wordmark or figurative mark. Tip: If you plan to rebrand the logo in the future, it’s a good idea to choose a wordmark.

Explore existing trademarks in the EU Database – e-Search Plus and prepare Risk Assessment.  Check similar names or logos and estimate the level of a risk. 

TIP 💡 If you choose a wordmark, avoid using common or general names; otherwise, your application may be rejected. 

2. Start with the Trademark Application 🖋️

1. Create a new user account on EUIPO website. 
2. Choose the language of the application 
3. Define type of a trademark: wordmark or a figurative mark (upload your logo)
4. Prepare description of Goods or Services associated with your business under the Nice Classification.  You can use the TM Class Tool or simply check your competitors’ trademark in the EU database.
5. Put your signature under the application and choose your role – “Applicant”.

3. Get a 75% Fee back with SME FUND 2024 Program 📨

The EU, in partnership with EUIPO and the European Commission, has initiated the 2024 Ideas Powered for Business SME Fund. This program offers vouchers for intellectual property to small and medium-sized enterprises (SMEs) across the EU. Last year, the fund saw a remarkable response with over 35,000 SMEs applying for assistance. Grants are distributed on a first-come, first-served basis throughout 2024 until the allocated funds are depleted.

The SME Fund 2024 is tailored to aid SMEs in safeguarding their intellectual property rights by substantially reducing trademark registration fees by 75%. Below, you’ll find a table demonstrating the cost savings for Estonian entrepreneurs when registering a trademark in either the EU or Estonia.

What does it mean for EU entrepreneurs? 

Example of SME FUND 2024 voucher available for entrepreneurs

Instead of paying 850€ fee for a trademark registration – You Pay only 212€, because 75% of fee paid to EUIPO will be returned to your bank account. 

TIP 💡To have benefits from this scheme, you need first apply for a SME FUND 2024 Voucher. Don’t submit application before the application!

4. Examination Process 🔍

1. Now is the time for formal examination of your application.  EUIPO checks if the application meets formal requirements.
2. They also check potential conflicts with other applications.
3. If the application passes the examinations, it is published for opposition 📰.

5. Opposition Period ⏳

1. Third parties have three months to oppose the registration of your trademark. If no oppositions (90% of our clients) – your trademark will be successfully registered within next 3 months.  You will get the registration certificate and your intellectual property become valuable asset! 
2. If third parties oppose application , it’s more complicated case

https://euipo.europa.eu/eSearch/#details/trademarks/018741377

Conclusion 🎯

Registering a trademark in the EU involves several critical steps, from initial research to maintaining ongoing protection. Understanding the types of trademarks and following a systematic registration process ensures robust brand protection and legal security in the competitive market landscape of 2024.

No Time for Application? Explore our offer – Use discount code “Readers20” and hire Eesti Consulting

So, you’re new in the business! Congratulations! In this article, I’ll show you how to transform your LOGO into intellectual property assets! From zero to hero! Avoid the mistakes made by other entrepreneurs who used your logo, promoted brands, but failed to register their trademarks. They encountered issues with unfair competition. Let’s go and register Logo as a Trademark. No matter where your company is based.

Checklist Item
1. Create a logo – find a fully experienced designer on Peopleperhour.com or Fiverr.com.
2. Choose a website template from themeforest.net or create a new website from zero. PRO Tip: Engage Dashboa.com and optimize conversion rate.
3. Start a company in Estonia.
4. Register under SME FUND 2024 Program and Get the 1000EUR voucher for trademark registration (It allows reducing the state fee from 850 EUR to 212 EUR).
5. Register a Trademark with Your Logo myself or with our assistance (Discount Code: READERS20 – it reduces our fees by 20%)
6. Be patient and wait 2-3 months for the publication of your trademark!
7. Get intellectual property assets!

What is SME FUND 2024 Program?

The SME Fund 2024 is a program tailored for small and medium-sized businesses aimed at reducing fees for trademark registration paid to EUIPO. The program is available online, and the number of vouchers is limited, operating on a ‘first come, first served’ basis.

SME FUND 2024 has launched the 2024 Ideas Powered for Business SME Fund in collaboration with EUIPO and the European Commission. Last year, more than 35,000 SMEs applied for the fund, making it a significant success

 

Logo – Ideas Powered for Business – SME FUND Program 

Why Registration of a Logo as a Trademark is a MUST HAVE?

In today’s digital world, it’s crucial to protect your unique ideas and creations legally. Your logo, as part of your brand identity, represents your business. By safeguarding it, you keep it safe from being copied or used without your permission. This ensures your brand stays special and recognizable. Plus, trademark protection gives you legal power if someone tries to misuse your logo, protecting all the hard work you’ve put into building your brand. Is your logo not registered as a trademark?

N.B In this manner, it’s not considered an asset; it’s simply a logo. Without legal protection, it’s not safeguarded by the law, and you can’t include it in your accounting records. However, when you sell your business, the logo does impact the valuation of your brand.

Apply for a SME FUND 2024 Step by Step

You have 2 options:

• Apply for a SME FUND 2024 Voucher & Trademark with Eesti Consulting using this code (20% of discount: READERS20)
• Apply for a SME FUND 2024 myself using below checklist

1. Register an account here and submit the application form.
2. Before you apply, prepare the following documents:
   • Include VAT certificate or TIN Number Confirmation
   • Include Bank Statement in PDF
3. Be patient – You need wait min. 15 working days for approval
4. Get an electronic decision delivered to your SME Fund Account.
5. Apply for a Trademark Registration and choose the suitable variant registration – EUTM Easy Filing is dedicated to SMEs or individuals, particularly for those without a legal representative, while EUTM Filing is dedicated to IP experts (N.B. – Do not file a trademark registration form if you are unsure that your trademark is unique. Generic trademarks may be refused. Consider hiring Eesti Consulting to avoid potential losses.)

The Value of a voucher is 1000€, but you have right to reduce all fees paid to EUIPO by 75% only. Example: Payable Fee: 850€, Decution: 75% * 850€ = 212,50€ fee…

The positive decision on action grant!

How works SME FUND 2024 Grant voucher?

With a voucher from the SME FUND 2024 program, you can enjoy a 75% reduction in the EUIPO fee. The voucher is valued at 1000€. Any remaining balance can be applied towards future trademark filings

EU Trademark Registration 🇪🇺	Without Grant	With Grant (75% reduction)
State Fee	850 €	850 €
Grant Reduction	N/A	-637.50 €
Total Cost	850 €	212.50 €

Table 1:    The Cost of Trademark Registration with and without grant.

Reason Why Register My Logo as a Trademark

Registering your trademark offers many perks for startups. First, it legally protects your brand by preventing competitors from using similar names or logos. Without registration, your logo isn’t considered an asset.   Once registered, your trademark becomes a valuable asset that can be sold or licensed.  Additionally, having a registered trademark boosts your company’s credibility and trustworthiness with customers, partners, and investors

Get a 20% discount with Eesti Consulting

1) Hire Us and Fill in the form of Trademark Registration.

2) We apply for a SME FUND 2024 Grant – no voucher, no payment – no risk!

3) We file a trademark application on behalf of your company to EUIPO.

Regular Fee is 400€ for the whole process, but using this code you get 20% discount!

READERS20

VIDEO: How to Save on Trademark Registration Fees