How much does it cost to register a company in Estonia?
- The cost of setting up a company depends on the type of incorporation.
How long does it take to register a company?
- The company will be registered during 5 business days after signing the company registration application.
What activities can an Estonian company carry on?
- An Estonian company is allowed to carry on any authorised activity. A company can perform several different types of activities at the same time.
Can a foreigner be the owner and director of an Estonian company?
How many owners and directors should an Estonian company have?
- At least one owner from among Board members.
What is the minimum share capital of an Estonian company?
- The minimum share capital is 2,500 EUR, which can be contributed within 10 years. In Estonia, a company can be established without making a share capital contribution.
Is it possible to get a VAT number for an Estonian company?
- Yes, a VAT number can be obtained before the company starts to operate.
How to open a bank account for an Estonian company?
- After the company is established, all Service customers get assistance and detailed information, free of charge, on how to open an account.
Should an Estonian company have employees?
- An Estonian company may have no employees.
What are annual costs for maintaining a company in Estonia?
- As prescribed by law, an Estonian company owned by a foreigner shall have a contact person (200 EUR/year) and a legal address in Estonia (200 EUR/year).
What taxes are charged when doing business on behalf of an Estonian company?
- In Estonia, there is no income or turnover tax, and therefore there is no pre-distribution tax. Salaries of non-residents of Estonia living outside the country are subject to a 20% income tax. Dividends are taxed at 25%.
Can I apply for the Estonian Schengen Visa?
- Upon setting up a company in Estonia, you have every reason to apply for a visa to visit Estonia. We will help prepare an invitation for all company-related persons.
- A visa application shall be submitted personally at an Estonian representation office (vm.ee/et/node/2430) or at an office of a Schengen country representing Estonia (vm.ee/et/node/36138).