QUESTIONS ABOUT ESTONIA
faq
- ESTONIAN COMPANY, 0% TAX - OFFSHORE?
Not. Estonia has concluded bilateral conventions for the avoidance of double taxation and the prevention of fiscal evasion with countries over the world.
Estonia is a member of the OECD organisation. Moreover, the beneficial owner is visible and published in Estonian RIK – Commercial Register.
Even so – there are a lot of tax and business incentives of running the company through Estonia. The Estonian private limited company is called “OÜ” or “osaühing” in Estonian language.
- APOSTILLE AND NOTARIZED DOCUMMENTS
Apostille is issued by a local notary public in Estonia. This can be done, for example, in Tallinn or Tartu. If you are a non-resident, we may apply for Apostille on your behalf.
Apostille is an official document that certifies the authenticity of documents and can be used, for example, to set up a bank account abroad for an Estonian company. Additionally, we can obtain for you coporate documents with notarizations.
- COMPANY FORMATION COST IN ESTONIA
Company formation costs in Estonia is divided into fixed costs and monthly costs. Fixed costs are help in obtaining an e-Residency card (100 €) and the cost of the registration address and contact person. State fee for Commercial Register is aprox. 190€ in case of electronic company formation via Company Registration Portal.
Monthly costs are the cost of accounting services or one-time submission of financial statements to RIK. Our company presents 2 kind of incoporation ways:
– Opening Estonian company by e-Residency card (cheapeast option) especially for digital nomads
– Company registration by Power of Attorney ( usually notarized and apostilled depending on the country of residence – this is exepensive option if you are not e-Residency card holder and you would like incorporate business in Estonia wholly remotely)