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The most know incentive of the Estonian tax system is shifting moment of taxation to time, where the profit is distributed. If the board of directors decide to not pay out dividends to its shareholders, all profits are re-investment. Therefore company will be not liable to pay Corporation Tax. Some people treat this rule commonly as “Corporation Tax 0%”.
Money laundering means:
It takes up to 30 days from day of submission to get the answer from the FIU regarding the licenses. Once the licenses have been granted, you have to start providing the services within 6 months.
— Criminal records of all board members, shareholders and UBOs (apostilled, not older than 3 months, from country of citizenship)
— CVs
— Passport copies.
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)
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.
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.
There are two ways to get a VAT number in Estonia. You can either set up a new company and ask for a VAT EE number when needed, or you can wait until your turnover hits 40,000 EUR, then it’s required. Another option is to buy a Ready Made Company in Estonia with a VAT number already set up, so you can start trading right away. Some of our companies also come with an EORI number included.
You should see the changes within 3-5 working days, but it depends on when the notary submits and RIK processes the changes.
If you buy an Estonian company, it takes 3 to 5 working days to transfer ownership, as most of the process is handled by the notary and Commercial Register, which can take some time.
We have ready-made companies with crypto licenses, which are quite rare. Feel free to inquire about this special type of company from us
You don’t have to come to Tallinn. Instead, you can give us a notarized and apostilled Power of Attorney, depending on your country’s rules. Then, we’ll handle everything for you with the Estonian notary. We’ll sign agreements and do the paperwork easily!
Certainly! We offer a selection of companies that come with VAT registration included, each of which is guaranteed to have VAT registration. If you would like to confirm the validity of the VAT EU number for yourself, simply ask our friendly staff and they will provide you with the information you need. You can check the number’s validity by using the VIES EU website.
To follow Estonia’s AML rules, please give us these documents:
A photo ID like a passport or ID card.
A recent utility bill showing your address (dated within the last 90 days).
Fill out a KYC form to confirm your identity and meet regulations.
*Extra questions or papers might be needed depending on your situation or the transaction. Our team can help with more details and guidance.
Yes, of course! In this instance, we’d just need to obtain the following from you:
Yes, we offer these. Remember, you are legally required to appoint a contact person, if your Management Board reside outside of Estonia.
We charge €100 per year for our legal address services.
Yes, we do. We require 1x photographic proof of identity (for example a passport or EEA national card), as well as 1x proof of address (for example a utility bill), that must be dated within the last 90 days.
To order our legal address services, please provide the name of the company for which you need the registered office address. To process your request, we require additional details, such as proof of identity and proof of address, in compliance with the Money Laundering and Terrorist Financing Prevention Act.