Overview of Location
During the recent time, Estonia has gained a truly widespread reputation of the IT capital of the European Union. Estonian Limited companies benefit from friendly environment and other features like digitalized means of doing business and reporting, corporate and tax administration for the Estonian companies, Estonian e-Residency program, competitive rates for maintenance and workforce, and many more.
Estonia became one of the first European jurisdictions that started to implement blockchain technologies, accept Initial Coin Offering (ICOs) projects and issuing financial licenses for operation as virtual currency service provider. All these steps led to a wide recognition of Estonia on a global market, attracted international businesses and investments. Currently, Estonia is ranked 18th country for the ‘Ease of Doing Business’ and 12th for Taxation out of 190 countries (as per Doing business chart).
Local tax system allows for the Estonian limited companies to benefit from 0% corporate income tax (CIT) if it is not distributed to shareholders. In its turn, Estonia is not considered as a tax heaven due to this special regime on CIT. Company formation in Estonia will not create any impediments for the subsequent paying out of dividends as there is a wide network of double tax treaties. Country’s key focus is to create an environment aimed to help businesses, investors and taxpayers so that these can grow and benefit.
Some of the most popular business activities upon setting up a limited company in Estonia are product or outsource IT companies, SaaS-servicing companies, trading on goods companies, virtual currency (crypto) services providers like exchanges, custody wallets and others. Seize the opportunity for business setup in Estonia to experience all features available for the local companies.
Required Documents
List of files necessary for setup.
- Certified copy of your passport;
- Certified copy of your utility bill;
- Professional reference.
- All documents have to be duly translated to English.
Features and Benefits
Peculiarities associated exactly with this jurisdiction.
- Local Virtual Office service;
- Preparation of annual accounts;
- Assistance with local corporate account opening;
- Estonian VAT number;
- Estonian e-Residency;
- Maintenance and annual review of UBO register.
Formation package includes:
- Our genuine daily support;
- Local company duly licensed and ready for business activity;
- Apostilled initiate corporate documents;
- 1 year covered state fees, registered address, registered secretary.
Formation Steps
Define your business activities and choose a name that suits your brand.
Name check and reservation. Preparation of the KYC (Know-Your-Customers) and other due diligence files.
Registering an entity with the local registry. Acquisition of the corporate files.
Corporate accounts opening.
Need more details?
Inquire now to get all information about this jurisdiction.
Related Services
Reputable European jurisdiction, top 4 of the economies within EU.
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