Price starts from €3,000

The whole registration process of a new company in Estonia is very straightforward, doesn’t involve much bureaucracy and has very low maintenance costs.

Estonian company owners enjoy the 0% corporate income tax on undistributed profits. It’s a well-known jurisdiction for IT startups, cryptocurrency, and logistics related businesses.

This jurisdiction is the best option for:

Cryptocurrency related services;
Software development/ IT;
VC/Hedge Funds;
Logistics;
E-commerce.

Benefits:

No corporate income tax on retained and reinvested profits;
Flexible and business friendly E-government system;
Financial services are not subject to VAT;
Distributed profits are generally subject to a 20% CIT;
No currency control;
Development of information technology;
Compliance with international standards.

1st

place Estonia takes in the International Tax Competitiveness Index due to the fact that Estonia has a very convenient and transparent tax system

7th

place Estonia takes in the Index of economic freedom

18th

place Estonia takes in the Ease of Doing Business Index

60

countries have signed a double taxation avoidance agreement with Estonia

55

companies were opened by Manimama in Estonia

The most popular company form in Estonia is the limited liability company - Osaühing (OÜ)

Procedure for registration a company in Estonia

Step 1. Initial Setup:

Initiating a preliminary project assessment
Preparation and filing of the package of documents

Step 2. Company registration:

Finding a legal address for the company in the Estonian city it will operate in
Reserving a trade name with the Estonian Companies Register (the name must be unique)
Having the company’s incorporation documents prepared and filed with the Trade Register
Appointing the company’s directors and filing their personal information with the Trade Register
Opening the company bank or EMI accounts and depositing the share capital
Applying for a tax number and registering for VAT with the tax authorities
Obtaining licenses and additional permits (if applicable)

We also can help with:

Company secretarial services
Opening bank accounts
Preparing apostilled documents
Further legal support

Requirements for a OÜ in Estonia

Before deciding to set up a new company in Estonia, read the information below to understand the characteristics of a OÜ:

The type of company is a Limited Liability Company (Osaühing).

Number of directors/shareholders – minimum of 1 director/ shareholder.

Share capital – €2,500.

Liability – the company has limited liability only with its share capital.

Accounting – Estonian companies must file annual reports, salary declarations every month, monthly VAT reports (if the company is registered for VAT).

Document requirements:

Power of Attorney (we will provide you);
Certified copy of the passports of all participants;
3 options of your desired company name;
Company contact email address;
Short description of your business activity;
Decide if you want to deposit the share capital of €2,500 or not (no legal obligation).

Taxation in Estonia:

Corporate income tax (CIT): 20% (the tax is calculated as 20/80 of the net dividends received by the company).

Value added tax (VAT): 20%, however, 9% and 0% reduced rates are also available.

Dividend tax: 14%.

Social tax: 33%.

Unemployment insurance: 1.6% (the part deducted from the employee's gross salary) and 0.8% (the part paid by the employer "on top" of the gross salary).

Pension insurance: 2% unless application for suspension of contributions is submitted.

If our proposal is intriguing, we kindly request to book a call with us or send your request via Telegram messenger. By doing so, we guarantee access to a comprehensive commercial personalized offer, featuring up-to-date prices and detailed information.

We look forward to the opportunity of collaborating and delivering exceptional solutions that meet and exceed expectations of any Client.

The content of this article is intended to provide a general guide to the subject matter, not to be considered as a legal consultation.

Contact Us

If our proposal is intriguing, we kindly request to complete the form provided below to learn more. By doing so, we guarantee access to a comprehensive commercial personalized offer, featuring up-to-date prices and detailed information.

We look forward to the opportunity of collaborating and delivering exceptional solutions that meet and exceed expectations of any Client.

The content of this article is intended to provide a general guide to the subject matter, not to be considered as a legal consultation.