Estonia Company Formations

Estonia Company Incorporation

Estonia OÜ Company

Our company formation package includes:

  • Reserving your Company Name
  • Structuring the company as per your requirements
  • Prepare your Company Registration Forms
  • Drafting the Articles of Association / Statutes
  • File the documents with the Central Commercial Register
  • Appoint the Directors
  • Initial Government licence fee payable on incorporation
  • Certificate of Incorporation
  • Issue of shares and production of Share Certificates
  • All documents and certificates supplied in a professional folder
  • Delivery of documents by FedEx / DHL courier

Estonia Company Registration - Osaühing or OÜ

To incorporate your OÜ company in Estonia, we require the following:

  • The Directors' full name, date of birth, address and their nationality
  • Shareholders' full name and address and date of birth
  • The management boards names, addresses and dates of birth
  • The objects of the company, specifying the principal activity
  • The Estonian company address, we can provide you with a registered office if necessary and communication details for the company, this can be an email and phone number
  • The amount of share capital you wish to invest; the minimum is 40,000 EEK
  • Company Name
  • The amount of capital and the number of shares subscribed to each member

If the buyer resides outside the European Union, Iceland, Liechtenstein, Norway and Switzerland, a person competent to receive procedural documents must be appointed to whom procedural documents of the undertaking and mail addressed to the undertaking can be delivered. Data concerning the competent person is entered on the registry card of the company.

The registration departments of the county courts maintains the commercial register of companies.

How to Incorporate a Private Limited Company/ Osaühing (OÜ) in Estonia

After you have submitted the company name of your Estonian Osaühing to us approval can be obtained within several hours. Once you have confirmed that your chosen name is available you will be provided with a Certificate of Name Reservation.

If the share capital is higher than €25,000 you will need to deposit the initial share capital in an Estonian bank account or otherwise register real estate, movable assets, property rights and other goods to the limit established by the law; once deposited you will receive a Certificate of Deposit.

We then draw up Articles of Association, including the Memorandum of Association, in which is described the company’s type of business and the number, value and type of shares held by each shareholder. If the share capital is less than €25,000 the share capital does not need to be paid up front and it can be established in the Memorandum that the shareholders are not obliged to make pre-payments for the shares - although if any shareholders do not make pre-payments, they will remain liable to the company to the amount of the unpaid share contribution.

With the certificate of Name Reservation, Articles of Association and, if you have one your Certificate of Deposit, we will register your company with the Estonian Trade Register (commonly referred to as the Commercial Register of Estonia).

Once this is complete, the registrar will issue a Certificate of Registration, which is necessary to register for VAT at the National Tax Board.

The general time scale for a full incorporation is less than one week although, as registration for VAT is electronic and registration for health insurance can take place at the same time, incorporation can sometimes be done in less than five days.

Estonia Company Name

An Estonian company name can be in any language but it must be unique, a registered name can be changed upon request and certain names are prohibited by Estonian Company Law.

Directors - Management Board

The management board is the directing body of the company which represents and directs the companies activities. At least one half of the management board of the company must be resident in Estonia, any other EEA member country or Switzerland.

Shareholders

Only one shareholder of any nationality is required. 100% foreign shareholders are permitted.

Share Capital

Share Capital for a private limited company should be 40,000 EEK (€2500) and if the share capital exceeds 40,000 EEK then the company must have an auditor.

Estonian Registered Office

All Estonian businesses need a registered office in Estonia, where the authorities can send official letters.

VAT Registration

After the entry of the company in the commercial register, the starting account where the share capital has been paid can be transferred into a current account. We will use this account to apply for the company's value added tax identification number.

Filing Requirements

An Estonian OÜ is required to conduct monthly accounting only if the company has a VAT ID or makes regular salary payments. If you are VAT exempt and don’t make regular salary payments, it is sufficient to submit annual reports within six months of the end of the fiscal year.

Audits are mandatory if the registered share capital exceeds €25 000, otherwise it is only required if any two of the below conditions are met:

  • the annual turnover exceeds €650 000;
  • the balance sheet total exceeds €330 000;
  • the company has 10 or more employees.

Travel

It is typically recommended that you visit Estonia to incorporate a new company, as you need to present before the notary in order to sign the notarial deeds and documents. However, is possible to be represented by a power of attorney certified with an Apostille from a foreign notary, we can represent you as founder and/or shareholder before the notary at your request.

Ready Made Company

Shelf companies are available for purchase. We have kept these companies fully maintained and in compliance with local accounting and reporting requirements.

Contact Us
only required if you wish us to call you back
Estonia fees to Incorporate
  • Company Formation - £1080
  • Provision of Registered Office - £480
  • Company Secretary if required - £400
Estonia Annual Maintenance Fees
  • Provision of Registered Office - £480
  • Company Secretary if required - £400
  • Directors Register Maintenance - £120
Estonia Advantages
  • Time - 1-2 weeks to incorporate your Estonian company
  • Directors - only 1 director of any nationality is necessary for your company
  • Shareholders - only 1 shareholder is required
  • Shareholders - 100% foreign shareholders allowed
  • Share Capital - the share capital requirement is (40,000 EEK) (€2500)
  • Registered Office - your company requires a registered office in Estonia, which we can provide
  • Tax - no tax, until distribution of profits
  • Support - using our 20 years experience we guide you throughout every step of the company formation process
Required to Proceed
  • Company Name - We can check your company name is available
  • Passport - colour scan of your passport
  • Documents - copy of a utility bill, credit card or bank statement showing your private address
  • Start now - complete here
  • Upload - proof of address & copy passport can be uploaded here