Your Complete Guide to Company Registration in Estonia
At 3E Accounting, we understand that establishing a company in a foreign country can be daunting. That’s why we’re here to guide you through the process of company registration in Estonia, one of Europe’s digital front-runners.
Estonia’s Business Legal Forms
Estonia offers various legal forms of business, each tailored to specific needs and preferences. As you embark on your entrepreneurial journey with us, you’ll have the opportunity to choose from these legal forms:
Private Limited Company (OÜ)
This is the most common choice among entrepreneurs. The registration process is straightforward; as of 2023, the share capital requirement is as low as 1 cent.
Public Limited Company (AS)
Suited for larger enterprises, AS has higher authorised capital requirements (minimum 25,000 EUR) and a multi-level management structure.
General Partnership (TÜ)
Ideal for businesses involving multiple stakeholders, general partnerships have no minimum share capital requirements.
Limited Partnership (UÜ)
A Limited Partnership is similar to general partnerships but distinguishes between general and limited partners, allowing limited liability for some partners.
Commercial Association (ühistu)
These associations are designed to support and promote the economic interests of their members through collective business activities.
In addition to these legal forms, we’ll help you explore the option of conducting business as a Sole Proprietor (FIE), which requires registration in the Central Commercial Register.
The Process of Company Registration in Estonia
With 3E Accounting, you can register a company in Estonia in five easy steps:
Initial Consultation
Your journey begins with a consultation with our experienced team at 3E Accounting. We’ll assess your business objectives and guide you in selecting the most suitable legal form for your company.
Document Preparation
We’ll assist you in preparing all the necessary documents, including the articles of association, to ensure a smooth registration process.
Online Registration
Estonia is renowned for its efficient online company registration process. With our expertise, your company can be registered within a day and in some cases, within an hour if all the required documents are in order.
E-Residency
Estonia’s e-residency program allows you to establish and manage your Estonian company remotely. We’ll help you navigate the e-residency application process, providing you with the freedom to run your business from anywhere in the world.
Incorporation
Once your company is registered, we’ll guide you through the necessary steps, including opening a bank account, if required, and ensuring compliance with all legal and tax obligations.
Estonia’s Startup-Friendly Environment
Estonia’s thriving startup culture is a testament to its innovation and technology-driven economy. As a 3E Accounting client, you’ll have access to a startup-friendly ecosystem, including:
Swift Registration
Companies can be registered within a day, even within an hour if all documents are in order.
High Quality of Life, Low Living Costs
Estonia offers a high quality of life at relatively low living costs compared to many Western European countries.
World-Class Education
Estonia’s education system is renowned for its quality, with students even being taught programming from a young age.
Startup-Friendly Culture
Estonia’s startup culture is rapidly growing, with Estonian companies successfully raising substantial capital.
Conclusion
With 3E Accounting as your partner, company registration in Estonia becomes streamlined and efficient. Our expertise in Estonian business registration, combined with Estonia’s digital advancement and startup-friendly environment, sets the stage for your business success. Contact us to get started on this amazing journey.
