Company Formation in Estonia
No taxation on undistributed benefits and a thriving start-up culture: company registration in Estonia holds many promises.
- Undistributed profits are exempt from taxes
- Only 1 director/shareholder required
- Reputable jurisdiction in Europe
- Little bureaucracy and low maintenance costs
Consulting team dedicated into advising the best suitable jurisdiction for your project.
Certified ACAMS consultant with 5+ years experience in compliance and FinTech regulations.
Getting started with company registration in Estonia
Find out all the necessary information to make a choice about incorporating your business activity in Estonia. Discover why Estonia is a popular jurisdiction and how it may help your business to reach another level. Additional information on demand, directly with our team of experienced consultants.
- Timeline
- Duration
- Remote incorporation
- Required Information
- VAT
- Documents
What is the timeline of the company registration process in Estonia?
The registration process of a company in Estonia is very simple. The experts of LegalBison will assist you throughout every step of it:
- Initial consultation and agreement;
- Payment of the full invoice;
- [IF REMOTELY]: Notarization of POA by client;
- Preparation of registration documents;
- Document signed at the notary;
- Official register validity: Company appears in government register within 5 business days.
How long does it take to register a company in Estonia?
It takes from 5 to 10 business days to fully incorporate a company in Estonia remotely.
Remote incorporation of a company in Estonia
The whole incorporation process can be conducted remotely in Estonia. Below we describe what is needed so you do not need to travel to Estonia. Also, ask your consultant what benefits you would have in case you obtain the Estonian e-Residency, it may go hand in hand.
- A Power of Attorney (POA) from (all) partners/shareholders is needed;
- The POA is sent to you by us based on the services you want;
- You have to certify the POA by a notary and in some cases legalize it by apostille (some countries need full legalization);
- Once you have the POA on your hands, we double-check, and you send us the original form (physical document!) via courier to our address.
Information needed before starting company registration in Estonia
- 3 options of your desired name for the company and a company contact email address;
- Names, addresses and emails of all shareholders and board members;
- Short description of your company's activity.
Estonian company without a VAT number
- Company will not be eligible to receive VAT refunds, which means everything bought is 20% more expensive (important: B2B payments between two VAT exempt companies are not 20% more expensive);
- Company will have no need to file monthly tax returns (prerequisite: no one receives a salary), which means low costs.
Estonian company with a VAT number
- Company will be eligible to receive VAT refunds, which means you can make use of the reverse-charge mechanism;
- Monthly tax returns have to be filed, even if no transactions occur;
- Payroll taxes must be paid at latest on the 10th of the next month;
- VAT must be paid at latest on the 20th day of the following month it was applicable to.
Before we help you to apply for a VAT number (in Estonia 20%) you should carefully think about the advantages and obligations that go along with it. To register as a VAT payer might be either voluntary or obligatory, depending on the turnover (mandatory if it exceeds 40,000 EUR).
Necessary documents to start company registration in Estonia
- Passport copies (a scan) of shareholder/s and director/s, also beneficiary owner if applicable;
- A Power of Attorney (POA) from (all) partners/shareholders is needed (in case of a remote company registration);
- Certified company documents (in case at least one of the shareholders is going to be a foreign company).
Start a Business in Estonia — Ask Us How
Through the first free consultation, lawyers from LegalBison will study your case in all detail. Together, we will choose an optimal course for incorporating your company in Estonia. Book a call now.
Packages for Company Formation in Estonia
Choose a package that you would like to receive more information on.
Consulting team dedicated into advising the best suitable jurisdiction for your project.
+44 20 4577 0974
Certified ACAMS consultant with 5+ years experience in compliance and FinTech regulations.
+44 20 4577 0974
Free 30-minutes consultation with our experts to answer your questions about Estonia.
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Initial consultation with our experts
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Turnkey Company Formation
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Company contact person
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Registered legal company address for 1 year
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Remote incorporation
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Notary Services
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Company Secretary
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Local personnel
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Accounting for 1 year
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Long-term POA
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Apostilled set of documents
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Additional legal support
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Corporate Account
Get started with your Estonian company, with our basic package for incorporation.
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Initial consultation with our experts
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Turnkey Company Formation
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Company contact person
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Registered legal company address for 1 year
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Remote incorporation
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Notary Services
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Company Secretary
-
Local personnel
-
Accounting for 1 year
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Long-term POA
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Apostilled set of documents
-
Additional legal support
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Corporate Account
Full turnkey company formation and support in all necessary aspects. Customized pricing!
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Initial consultation with our experts
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Turnkey Company Formation
-
Company contact person
-
Registered legal company address for 1 year
-
Remote incorporation
-
Notary Services
-
Company Secretary
-
Local personnel
-
Accounting for 1 year
-
Long-term POA
-
Apostilled set of documents
-
Additional legal support
-
Corporate Account
As it happened: here is what out clients say
Quick set-up and straightforward process. It was a smooth process, we are happy to have chosen LegalBison as our Partner for incorporations, globally.
LegalBison helped us navigate a space that’s often uncertain and complex, which gave us the confidence to move forward with our project.
We are happy to cooperate with LegalBison for more than 2 years and during this time they definitely secured a reputation of very professional and reliable partner. Great knowledge, competence and good attitude. Keep up the good work!
Very proactive, responsive, and able to provide solutions and advice. The firm is familiar with the new industry of blockchain and cryptocurrency
Best company for Crypto Licenses! Kudos to the team for making the incorporation of our company really smooth
The team of LegalBison was very helpful and fast in supporting my company’s structural set up. They are undoubtedly top-level experts when it comes to licensing and registrations in the crypto and web3 industry. Highly recommend!
Incorporation Assistance in Estonia - Free Consultation
Things to know before registering your company in Estonia
Taxation of companies registered in Estonia
Corporate income tax: no obligation to distribute profits. Profits that aren’t distributed in the form of wages or dividends are not taxed in Estonia.
Taxes can be completely declared online.
Outgoing dividends are taxed to approximately 20%.
Double Tax Treaties of Estonia
Albania, Armenia, Azerbaijan, Austria, Bahrain, Belarus, Belgium, Bulgaria, Canada, Czech Republic, China, Croatia, Cyprus, Denmark, Finland, France, Georgia, Germany, Greece, Guernsey Hong Kong, Hungary, Iceland, India, Isle of Man, Israel, Ireland, Italy, Japan, Jersey, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Luxembourg, Macedonia, Malta, Mexico, Moldova, Netherlands, Norway, Poland, Portugal, Romania, Serbia, Singapore, Slovakia, Slovenia, South-Korea, Spain, Sweden, Switzerland, Thailand, Turkey, Turkmenistan, Vietnam, Ukraine, United Arab Emirates, United Kingdom, United States of America, Uzbekistan.
Audit and accounting obligations for companies registered in Estonia
Generally speaking accounting in Estonia is fairly simple. For all of our clients the annual/monthly reports are being prepared by our accountants based on the documents uploaded and signed off digitally.
- A company without a VAT number is required to prepare an annual report consisting of annual accounts and a management report (with VAT monthly reports become compulsory);
- Annual reports must be filed even if no transactions occurred. Those must be filed within 6 months after the financial year is closed;
- Common practice: Salaries are paid at the beginning of each month for the previous month. Payroll taxes are due latest on the 10th day of the month after the month the salary was paid out;
- When paying anything with corporate bank cards the business relevancy must be obvious and an invoice should be provided. In the opposite case all expenses without according documents shall become subject to corporate income tax.
Local requirements to register a company in Estonia
- There are no residential requirements for a limited company;
- 100% foreign ownership as well as directorships are allowed;
- Everything can be done remotely.
LegalBison offers help with all of the above requirements. We assist and are local on ground. Speak now for free with one of our consultants to get your business started.
- Taxes in Estonia
- Double Tax Treaties in 2024
- Accounting and audit requirements
- Residency requirements for company holders
Taxation of companies registered in Estonia
Corporate income tax: no obligation to distribute profits. Profits that aren’t distributed in the form of wages or dividends are not taxed in Estonia.
Taxes can be completely declared online.
Outgoing dividends are taxed to approximately 20%.
Double Tax Treaties of Estonia
Albania, Armenia, Azerbaijan, Austria, Bahrain, Belarus, Belgium, Bulgaria, Canada, Czech Republic, China, Croatia, Cyprus, Denmark, Finland, France, Georgia, Germany, Greece, Guernsey Hong Kong, Hungary, Iceland, India, Isle of Man, Israel, Ireland, Italy, Japan, Jersey, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Luxembourg, Macedonia, Malta, Mexico, Moldova, Netherlands, Norway, Poland, Portugal, Romania, Serbia, Singapore, Slovakia, Slovenia, South-Korea, Spain, Sweden, Switzerland, Thailand, Turkey, Turkmenistan, Vietnam, Ukraine, United Arab Emirates, United Kingdom, United States of America, Uzbekistan.
Audit and accounting obligations for companies registered in Estonia
Generally speaking accounting in Estonia is fairly simple. For all of our clients the annual/monthly reports are being prepared by our accountants based on the documents uploaded and signed off digitally.
- A company without a VAT number is required to prepare an annual report consisting of annual accounts and a management report (with VAT monthly reports become compulsory);
- Annual reports must be filed even if no transactions occurred. Those must be filed within 6 months after the financial year is closed;
- Common practice: Salaries are paid at the beginning of each month for the previous month. Payroll taxes are due latest on the 10th day of the month after the month the salary was paid out;
- When paying anything with corporate bank cards the business relevancy must be obvious and an invoice should be provided. In the opposite case all expenses without according documents shall become subject to corporate income tax.
Local requirements to register a company in Estonia
- There are no residential requirements for a limited company;
- 100% foreign ownership as well as directorships are allowed;
- Everything can be done remotely.
LegalBison offers help with all of the above requirements. We assist and are local on ground. Speak now for free with one of our consultants to get your business started.
Alternative to сompany formation in Estonia
Our team has curated the following jurisdictions as being worthy alternatives to a company registered in
Company Formation in Anguilla
from 1,740 €-
Ideal offshore jurisdiction
-
0% corporate income tax
-
Fast and cheap process
Company Formation in Antigua and Barbuda
from 1.900 €-
Tax-free offshore
-
Bearer shares allowed
-
Allows gambling
Company Formation in Aruba
from 1.100 €-
Reputed offshore center
-
No taxes
-
Great for intellectual property protection
Company Formation in Australia
from 1.900 EUR-
Part of the RCEP Agreement
-
Reputed Oceanian country
-
Business friendly
Company Formation in Austria
from 1.800 €-
Prestigious standing
-
Competitive tax rate in EU
-
Completely remote
Company Formation in Bahamas
from 1.350 €-
Tax-free offshore
-
No reporting obligations
-
Discretion of owners
About company registration in Estonia
Yes, we do have a list of companies that do have a solid history. Just let us know your exact requirements and you will receive an exact quote.
The e-Residency program is designed in order to make the process of interacting with state bodies borderless and fully digital. That means for example you are able to open up a company, declare all Estonian taxes or digitally sign and transmit documents online. If you would like to get the Estonian e-Residency we will gladly help you.
The answer to this question depends on what citizenship you have, what your business model is, who your business partners/clients are and a few other aspects. If you want to know about good alternatives to Estonia let a professional consult you for free
Digital nomads and freelancers make use of the digital landscape of Estonia very often, as there is literally never going to be a need to travel to Estonia in your life. Everything can be done digital.
Contact Us
Request more information about incorporation in Estonia now
Consulting team dedicated into advising the best suitable jurisdiction for your project.
Certified ACAMS consultant with 5+ years experience in compliance and FinTech regulations.
Contact Us
Request more information about incorporation in Estonia now
Consulting team dedicated into advising the best suitable jurisdiction for your project.
Certified ACAMS consultant with 5+ years experience in compliance and FinTech regulations.
