After receiving the necessary information, we will make an appointment with a notary and will prepare all necessary documents.
Advantages of a ready-made company in Estonia
Company with a history
A company with a history will add credibility to your business. The number of years that the company has been on the market can provide advantages in the business projects you carry out. Some government agencies and financial institutions insist that a firm be registered for a certain period of time before tenders are allowed. If the company’s turnover is an important criterion, then we are happy to offer turnkey solutions.
In addition, it is easier for the owners of a re-registered ready-made/shelf company to attract investments since companies with a history and turnover seem to be a more reliable investment. Also, the ability to build business relationships with banking institutions and suppliers usually comes first when buying a company of this type. The established reputation of an enterprise is certainly important when concluding deals, searching for new partners, and can also influence the decisions of potential investors or partners.
A ready-made/shelf company with a history in the business register will contribute to a more professional image and therefore appear worthy of the trust of service providers. According to research, clients prefer companies that can demonstrate longevity because they appear to be credible and instill confidence that the owners of the company have experience in the relevant field. A ready-made company will give the impression that it has existed for a long time, and, therefore, will give the client confidence that they can use your services.
When buying an existing company, the owner gets an instant business tool. The turnkey company is already registered and is now available for purchase by the new owner. A ready-made/shelf company already has a registration number and, therefore, on its behalf, you can start a business immediately.
Acquisition of a registered company in Estonia
The process of acquiring a pre-registered company in Estonia and creating a new company in Estonia are exactly the same in terms of time and takes up to 5 working days. If you were to acquire a registered, ie ready-made company that has been issued a VAT number, be prepared that the Tax and Customs Board will enquire from you as the new owner what business you will be engaged in Estonia and what will generate Estonian revenue for the company. This is why ready-made companies provided by Company in Estonia OÜ do not have VAT numbers. After the company changes ownership, our accountants can help you to apply for a VAT number in Estonia.
There are other reasons why acquiring a ready-made company in Estonia is more cost-effective than setting up a new business from scratch.
First, you would own a company that has been registered several years earlier (for example, if you plan to apply for a permit, or it is important for business partners)
Secondly, you will be free to enter into contracts with partners as you already have a company with all necessary details.
Third, there are specific features in the legislation concerning the nationality of the company’s owner.