Company formation in Estonia

Once you have decided to establish a company in Estonia it is recommended that you would familiarize yourself with the following principles:

  • The founder of a legal entity could be one or several legal or physical persons

  • At least one physical person must belong to the management board

  • Company must designate a contact person if the management board is located in a foreign state

  • Address of a legal entity must be in Estonia

  • Appropriate accountancy according to the laws of Estonia

  • Minimum share capital contribution EUR 2500 or shall be paid within a year (if established without contributing the share capital)

  • There is no requirement to appoint a director, the members of the board are responsible for the management of an incorporated entity

  • Company registrations through notary take up to 5 business days

  • Approximately 3 business days to obtain VAT number

Relevant data and documents to register a company 

  • The business name, legal address and e-mail of the private limited company being founded

  • The proposed amount amount of share capital and the nominal value, number of shares and their division between the founders

  • The amount of the share capital and payment method. For physical persons the law allows to incorporate a legal entity without contributing share capital

  • Information on the founders and the members of the management board, including contact details, personal data

  • Area of planned principal activity (EMTAK code)

  • Copy of passport or ID-card of the founder and the member of the board, if a subsidiary is being founded then it is necessary to send us an extract from the founder’s local commercial register

 

We shall coordinate all the information with our customers and provide guidance to fill in any necessary data based on customer’s request.

*GATE TO BALTICS OÜ is a licenced service provider in Estonia provided by the Financial Intelligence Unit.