Company Formation by Power of Attorney in 5 Steps

Company in Estonia OÜ will help you to start your company by power of attorney. Here’s the sequence:
1. Requested information. It is necessary to send photos of passports of all company founders and information about the company to be established (desired name, type of activity, means of communication, and information about founder/s).

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A Short Guide: Company Registration by Visit

Here’s a short guide introducing how company establishment by visit look like with Company in Estonia OÜ. Before visiting Estonia in person, please send the following information: Planned date of visit, Desired company name, Type of activity of the company, Data of the Owners/Beneficiaries of the company (passport photo, email, telephone, residence address, marital status), Data of the Directors of the company.

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What You Need to Know About VAT Registration in Estonia

Сompany registration involves various legal aspects regulated by the Estonian legislation. Among which is VAT registration being essential in some cases. In this article, we consider when you should register VAT for your company and how to do so. First and foremost, сompanies are obliged to register a VAT number in a case when sales in Estonia exceed 40,000 EUR from the beginning of the calendar year.

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How to Start Your Company with e-Residency in 4 Steps

e-residency card e-Residency allows foreigners to set up a company in Estonia remotely by providing online access to government services. 1. Get an e-Resident card. e-residency cardYou can enjoy the benefits of e-Residency once you have obtained your Estonian digital ID − e-Residence card. All you need to do at that stage is to submit your application. The process takes place online and is indeed straightforward.

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Meet Company in Estonia OÜ: Why You Can Rely on Us

Meet company in EstoniaCompany in Estonia OÜ is a team of specialists who will help you open and develop a business in Estonia. The company was established in 2016, and since then, we serve our mission to make a positive contribution to the Estonian business market. In that way, the team of Company in Estonia OÜ is qualified to provide a wide range of company formation services.

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Who is a Contact Person, and Why You Need One

contact-person-estonia In this blog article, we consider under which circumstances having a contact person is required by the Estonian legislation. As of January 15, 2018, the Estonian Commercial Code stipulates that all companies that do not have a Republic of Estonia resident to sit on the Board of Directors must designate a contact person.

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How to Get a Legal Address in Estonia

Legal address in EstoniaHaving a virtual office in Estonia allows you to work from wherever you want. Moreover, as it is a must to have an Estonian business address prior to registering a company, we are happy to introduce our services. Legal address in EstoniaFollowing the Estonian legislation, it is compulsory to have a legal address on the country’s territory to register a company. So that, if necessary, state institutions could send information letters to this particular address.

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Buying a Ready-Made Company — Advantageous Way of Starting Your Business in Estonia

Among other possible ways of starting a company, obtaining a shelf company in Estonia, attracts by the simplicity of entire process. ‘Buying a company’ on its own sounds like something hassle-free, right? Let’s look at this way of starting business more in-depth. Existing companies are indeed advantageous to buy. Since they have already existed on the market for some time, ready-made companies are suitable investments.

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Starting a Cryptocurrency Investment Fund in Estonia

At the time of cryptocurrency rise, an alternative investment fund is indeed one of the most convenient structures for collective investment. We explain why. An alternative investment fund is a legal entity or a pool of assets that includes the capital of several investors for the purpose of investing it in accordance with a specific investment policy of the fund in the interests of the respective investors and their common interests.

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Safe and Secured: Bitcoin in Estonia as an Alternative for Traditional Payment Methods

Want to start bitcoin trading? Our company is introducing the basics. Cryptocurrency regulations in Estonia are strict enough, and thereby the country is one of the most favourable places to trade Bitcoin in the world. Estonian government took responsibility and made cryptocurrency a completely legal and safe way to make transactions. Moreover, in Estonia, crypto businesses are actively stimulated by the government authorities.

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The Basics of Accounting Services in Estonia

accountancy in EstoniaIf you are planning to start a business in Estonia, you need to pay attention to the accountancy of your company as all companies and branches of foreign companies operating in Estonia are subject to accounting. Below is an overview of what accounting representing in Estonia. Accounting is an integral part of doing business on behalf of an Estonian company. Its purpose is to keep records and obtain an overview of the company’s economic performance and financial state.

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How to Secure Your Business with a Legal Opinion?

legal opinion EstoniaWhat is the legal opinion? In what cases you need to prepare the legal opinion? What should it include? We have prepared the answers. Legal opinion is a written document that includes a detailed legal opinion on a particular issue or aspect of the customer’s activities. A Legal Opinion is drawn up solely in the interests of the customer to reduce the risk of violation of the Law during the implementation of the transaction/launch of the project and to understand the upcoming stages fully.

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Helping to Find Partners for Your Business in Estonia

Introducing our service Search for business partners in Estonia. We will help you find reliable partners in Estonia interested in buying your goods or ordering services to start your business in Estonia. If you already have an Estonian company but has not yet established relations with suppliers (manufacturers)/buyers of specific goods, or it might be that you have just set up a company and would like to develop it, you don’t need to be there alone.

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What You Need to Know About Apostilisation of Documents of an Estonian Company

apostillationThe notarised translation of documents (legalisation) of a company includes several specific formal procedures for making a document valid in another country. The fundamental rule of legalisation is that a sworn translator shall only perform it in an issuing or executing country. The legalisation of documents issued in one country aims to make them valid and appropriate for state bodies of another country.

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What is Annual Report

Within six months after the end of the financial year, each company registered in Estonia shall submit an annual report to the Commercial Register. Annual reports are intended to give shareholders and other interested people information about the company’s activities and finances. The annual report shall be drawn up in Estonian and Estonia’s official currency (Euro).

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Starting a Company Using e-Residency

In December 2014, Estonia became the first country to introduce the concept of e-Residency, thereby providing an opportunity to start a business online. Let’s take a closer look at company formation with e-Residency. The main purpose of the e-Residency program is to make life and business easier for freelancers, business owners, and international partners, as well as any other non-residents who are related to Estonia.

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How to Close Your Company in Estonia

Termination of a company in EstoniaTermination of a company is indeed a less pleasant activity than a company establishment. Closing your business legally, however, is as important as a competent starting of your business. Termination of a company in EstoniaThings do not always go according to the plan, and it’s completely OK. If a business doesn’t meet the hopes and expectations, or the circumstances demand the same, it is essential to initiate your company dissolution.

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How to: Obtaining a Residence Permit for Business in Estonia

Estonia is in fact one of the most favourable countries for starting a business. Having a registered company in Estonia, among other things, is a ground for getting an Estonian residence permit. The procedure, however, demands responsibility involving some legal aspects and a lot of nuances. Company in Estonia OÜ would like to describe the process of applying for a residency, thereby, giving a thought-provoking opportunity to consider whether to apply for a residency as a foreign national having a company in Estonia.

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Technology Before Everything: Advantages of the Estonian Business Market

Over the years, Estonia is coming to the forefront of attention as the European entrepreneurial hub. As this happens for a good reason, our company is happy to shed some light on the advantages of the Estonian business ecosystem. Which European country welcomes aspiring entrepreneurs? What country economy is the friendliest for doing business? — at a certain point, every entrepreneur faces a choice of where to start his business in the European Union.

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Thinking of Going into Business? Here Are the 4 Ways to Start One in Estonia

Are you interested in starting a business but not sure how to make the first steps? Building up a company could be hassle-free, especially in one of the world’s most economy-friendly country. In this blog article, we would like to introduce every possible way to start a company in Estonia. Starting a business could be challenging as it’s time-consuming and requires responsible efforts.

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Investment in the Future, or Why and How to Trade on Amazon

amazon EstoniaCompany in Estonia OÜ introduces the bright sides of Amazon stocks. While mass media is riddled with updates on Amazon physical store opening around the world, we find it relevant to go through the key advantages of online trading on Amazon. Over the years, e-commerce has swiftly taken over the modern business market.

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How to Start a Cryptocurrency Exchange in Estonia

cryptocurrency estoniaIf there is such a thing as an appropriate time for setting up a business, as regards cryptocurrency business — it’s here and now. Within the blog post, our company presents the process of starting a cryptocurrency exchange. Why to invest in cryptocurrency? If there is such a thing as an appropriate time for setting up a business, as regards cryptocurrency business it’s here and now.

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Coronavirus (СOVID 19) and the Impact it is Having on the Estonian Economy

The global Covid-19 pandemic has affected every country’s economy. This article expands the influence the virus is having on the economy by the example of Estonia. Worldwide pandemic has spread rapidly and seems to affect more or less every individual, inevitably, putting the global economy in a vulnerable situation. Causing economic mess coronavirus has led to a recession, where even the most sustainable orders undergo changes.

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Documents Required When Applying for a Cryptocurrency License in Estonia

In order to apply for a cryptocurrency license (Virtual Currency Service Provider Activity License) in Estonia in 2021, you need the following: 1. General information. 2. Information about all individuals and legal entities related to the company. 3. Company account. 4. Subsidiaries. 5. Locations where services are provided. 6. Contact person. 7. Person responsible for international financial sanction. 8. Documents added to the application. 9. State fee. 10. Petition.

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Cryptocurrency Regulation in Estonia

Nothing attracts an entrepreneur more than the speed and cost of launching a cryptocurrency project, and there is no doubt that at the moment on the world stage in Estonia such projects can be implemented faster and cheaper than anywhere else. Only one cryptocurrency license is required to legalise any crypto-activity in Estonia. This strengthens its position among the most preferred jurisdictions to launch a crypto-project.

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Cryptocurrency License Validity Check in Estonia

If the activities of your financial company are related to cryptocurrency and you have access to the cryptocurrency assets of clients, then such an Estonian company must have an appropriate license. The consequences of doing business without a proper license can be serious, resulting in a company being fined by the regulator and its reputation in the digital age could be hopelessly damaged.

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Blockchain Technologies in Estonia

Estonia is one of the countries with the highest level of e-Government development. Blockchain is considered to be a key technology in the development of the Estonian e-Government because of its undeniable advantages and potential. From a technical point of view, blockchain technology improves the efficiency, security, and transparency of transmitted data.

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Bitcoin License

Cryptocurrency in Estonia is legalised at the state level. Since bitcoin (BTC) is a digital currency, a special cryptocurrency license is required for all transactions connected with cryptocurrency on behalf of an Estonian company. We provide services to projects working in the field of blockchain technologies and cryptocurrencies and offer assistance in obtaining the appropriate license.

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Estonian Cryptocurrency

Creation of a convenient ecosystem for business based on blockchain and cryptocurrency in Estonia has attracted many investors and developers from all over the world to our country. The country supports an emerging tech sector and has invested heavily in a ubiquitous digitalisation. Thus, Estonia has digitised all its public services and processes, providing each citizen with a secured digital identity, encrypting all publicly available data in a decentralised storage.

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Single Cryptocurrency License in Estonia

On November 27, 2017, on the basis of Directive No. 2015/849 of the European Parliament and of the Council, a new Law on the Prevention of Money Laundering and the Financing of Terrorism entered into force in the Republic of Estonia, which allows companies to legally provide customers with services of exchange, transfer and storage of crypto and virtual currencies based on the following licenses: 1. License of the provider of services of exchange of virtual currency for fiat currency 2. License of the virtual currency wallet service provider.

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Nominee Service in Estonia

Risks related to the appointment of nominee Board members and owners for an Estonian company. Nominee director (Board member) is a person who registers a company in one’s own name with the Estonian government authorities, while the company is actually managed by other people. The nominee director is usually not involved in (and often has no idea about) the actual business activity of the company.

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Cryptocurrency Company Taxation

Cryptocurrency transactions are not subject to turnover tax. On October 22, 2015, the European Court determined (case C-264/14) that Article 135 (1), par. 1, Turnover Tax, of the Directive should be interpreted in such a way that the exchange of a virtual currency for a conventional currency and vice versa and (fiat) currency exchange services are tax free.

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Advantages of Establishing a Company in Estonia

Establishing a company in EstoniaMany entrepreneurs sooner or later have a question – in which country of the European Union to establish a company that would simplify doing business with European and international partners; reduce level of bureaucracy that hinders business development; be able to engage in company activities from anywhere in the world; and reduce taxation legally? If you have already thought of such questions, the establishment of a company in Estonia would help you solve the above-mentioned issues all at once.

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Taxation for an Estonian Сompany in 2021

Taxation of Estonian companies is the most profitable in the European Union. The main advantage is 0% on the company’s retained earnings and the possibility of not having employees who need to be paid a salary every month – a member of the company’s management Board can work for dividends. The absence of a tax on retained earnings is especially beneficial for those entrepreneurs who invest all their profits in the development of an Estonian company.

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