Information about Company in Estonia OÜ on the most popular news portal in Estonia – Delfi.ee
Company in Estonia OÜ, established in 2016, currently employs eight people, offering legal services to those who wish to start a company in Estonia but are originally from abroad. “We have experts working in our company who aid to deal with formalities, but also to develop business activity in Estonia,” says Arvīd Miller, Member of the Management Board.
- a successful Estonian company is achieved through dedicated work. “All employees of our company are diligent, responsible and also strive for self-development.”
- the demand for services that help foreigners to commence a business in Estonia – from registration to marketing – is increasing.
- the Company in Estonia team communicates in five languages: English, Latvian, Lithuanian, Russian and Estonian.
“We work at a very high pace and share information about the local business environment with people from abroad who want to establish a business in Estonia,” Miller describes the company’s activities. “A company can be found in Estonia within one day.”
In addition to assisting in setting up companies, organizing accounting and providing legal advice, Company in Estonia also helps its clients to rent or purchase real estate and create a suitable website for the Estonian market. “We are also there for the customer when it comes to finding potential customers,” explains Miller. “To this purpose, we help to create lists of potential customers, organise e-mail communication and make calls. Also, recruitment is part of our job.”
The Company in Estonia team communicates in a total of five languages: English, Latvian, Lithuanian, Russian and Estonian. “Thus, we will find answers to all the questions of entrepreneurs aiming to establish a business in Estonia and share this knowledge with our customers in their mother tongue.”
In 2019, the company declared almost EUR 150,000 in sales revenue and earned almost EUR 50,000 in profit. In order to increase stability and the growth of the company, additional services have also been found to be offered on the market. “For instance, we also assist in the process of attaining a cryptocurrency license in Estonia and provide training for company managers on how to know their customer and their solvency and how to comply with anti-money laundering requirements in Estonia.”
“Offering assistance in procuring cryptocurrency licenses in Estonia is one of the company’s main services as of today,” said Mikhail Shulkin, the company’s spokesman.
“From 10 March 2020, all our customers will be able to apply for a single cryptocurrency license and offer both cryptocurrency deposit and exchange services. Cryptographic wallets are digital online and offline methods based on open key encryption to allow users to securely submit and receive cryptocurrency over the network. What is more, the cryptocurrency license in Estonia allows you to exchange cryptocurrency for fiat and cryptocurrency for any other cryptocurrency. To date, more than 100 Estonian companies have received cryptocurrency licenses,” said Mihhail Šulkin.
“Our customers are located in 50 different countries,” points out Miller. “There are many foreigners who desire to launch a business in Estonia, but at the same time we provide an individual approach to each customer and also respond to inquiries quickly,” he spells out the business success and its growth so far.
“All employees of our company are hardworking with a sense of responsibility and also strive for self-development. This proves that we have chosen the right working model for the company,” says Miller, since a lot of work has been done with dedication to earn the title of a successful Estonian company.