Estonian law requires entrepreneurs to comply with local legal requirements when doing business there. In order to avoid legal issues in the future, every aspect of Estonian legislation needs to be followed in order for a company to operate legally.
Starting a business in Estonia is the most advantageous option. It is easy, convenient, and affordable for entrepreneurs to establish a company in Estonia due to the advantages it offers. Despite this, company formation is still a legal procedure and involves several legal and business aspects subsequent to the formation of a company and the ongoing management of the company.
In addition, receiving professional support when starting your business ensures legal reliability and, in turn, trustworthiness, which is crucial for a new business. The importance of maintaining a company’s reputation from the moment it is founded cannot be overstated. Complying with Estonian legislation from the outset will improve your company’s chances for literate management.
In the event that an incompetent decision is made, you will avoid unnecessary expenses and save time by consulting a lawyer before taking any action. You will also be able to learn about the new opportunities and prospects of the situation by involving a lawyer in preparation of the next step.
Getting detailed information regarding various legal aspects current in Estonia will be a pleasure for the professionals at LKS Consult OÜ .
We consider it essential that LKS Consult OÜ provides qualified assistance in a wide range of legal areas – legal opinion, legal advice, document drafting and other services that can simplify business activities.
LEGAL OPINION
In the future, you can avoid costly litigation if you seek a legal opinion to clarify your legal rights. The involvement of a foreign lawyer or attorney is necessary when dealing with foreign counterparties when issues from multiple jurisdictions are being raised at the same time.
A legal opinion should be ordered with a clear understanding of its purpose:
- The agreement has legal implications, so it is important to familiarize yourself with them
- If you want your arguments to be legally supported,
- A legal risk assessment can be conducted in order to learn more about it
- Your plan to comply with the Regulator’s requirements must be shown to them
- For the Client or Partner to accept your offer, you must convince them that it is legally binding
- You will be able to protect your company in the future if you have this tool.
As a company, you may refer to a legal opinion during future business activities.
Legal opinions are required in the following cases:
- If you want to know what permits/licenses you will need to start your business, click here
- A transfer of intellectual property rights is an intellectual property transaction
- Mergers and acquisitions that take place internationally
- The launch of a cryptocurrency exchange is the first step in launching a cryptocurrency project.
LEGAL ADVICE
In addition to drafting legal documents and agreements, providing advice on trade licenses, trademark registration, and more, we also provide assistance on Estonian company law issues.
Legal advice can be provided on:
DOCUMENT DRAFTING
In accordance with the Estonian legislation, LKS Consult OÜ ‘s legal department can prepare documents specific to your business needs.
Documents have a significant impact on the way your company is managed, how profits are distributed, what rights shareholders have, and how company decisions are made. It is clear in your company’s documents what rights and obligations clients and partners have.
In order to determine the optimal solution, our lawyers will analyze the planned legal relations, consult with you and make an assessment. The Estonian Business Register can also be amended if necessary existing documents need to be adjusted.
We help draft the following documents:
- Rules and regulations within the company
- Charters of individual companies
- An attorney-in-fact/a proxy text
- Legal opinion
We offer legal services to companies outside of Estonia. International business requires legal support to be successful. In view of the fact that corporate law can vary from country to country, company owners should familiarize themselves with the legislation for each particular area of business before establishing a company.
Providing you with the best and most convenient way to experience Estonian legislation without sacrificing the quality of information is our promise.
Our goal is to meet the needs of your business by providing a customized approach to our clients. Aside from keeping up with changes in Estonian legislation, LKS Consult OÜ also offers its clients continuous support through all stages of business growth.