GENERAL INFORMATION ON ESTONIAN COMPANIES
The most common legal form for companies in Estonia is the private limited company (OÜ). It is a limited liability company with a simple structure and a small share capital (2500 EUR).
Public limited companies / joint stock companies (AS) are less popular. Their share capital must be at least 25,000 EUR and in addition to the management board / director, such companies should have a council / supervisory board (a board of directors).
Important details:
- If the residence of at least half of the members of the management board of a company is not in Estonia, in another Member State of the European Economic Area or in the Swiss Confederation (i.e. the director is not a resident), according to the laws of the Republic of Estonia a company shall appoint a local representative (a person competent to receive procedural documents). Our company also offers services of local representatives.
- No salary is required to be paid to a director (member of the management board), unless otherwise prescribed by the agreement.
- A company should have a local registered address. We are able to provide you with a registered address, if you don’t have one. When you order both services – the registered address service and the local representation service – we offer a 25% discount.
- The company must submit activity reports (annual reports) regardless of the geographical location of its business.
For more information on Estonia and its tax system, see our FAQ.
Ready-made companies
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