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).
- 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.
Experts responsible for provision of this service: