Estonia is the best jurisdictions in European Economic area to locate an international business or a holding company.

Estonian government is highly supportive to all business activities and legislation have been designed to enable bureaucracy free environment for companies operate and manage their business. Everything can be handled, efficiently and without delays, digitally over the internet. Estonia in one of the leading countries what comes to digitalizing states services.

Banking services in Estonia are first class and money move inside SEPA system immediately, in seconds. Many of the major European banks are represented in Estonia.

The companies don’t pay tax on their profits unless they are distributed to owners. In which Estonia can be argued to be a “tax Haven” inside EU. Being able to invest profits in full gives enormous advantage to Estonian companies compared to any other EU country.

Estonian tax system is also otherwise very clear and simple in every way, it is a flat tax rate of 20% regardless of the amount of income, for both, companies and individuals. Same is with VAT, its 20%.

ESTONIAN LIMITED LIABILITY COMPANY (OÜ) IN NUTSHELL

Managing

The Company is run and managed by the Directors, nominated by the owners.
Minimum of 1 director is required. There are no requirements to keep minutes of director′s business decisions.

Reporting

VAT and Salaries have to be filed monthly, financial report every 12 month according to accounting period. All the filing can be and are to be done online.

Taxation

The tax on business profits is 20% and are to be paid from distributed profits. This system also simplifies company financial administration and bookkeeping.

The VAT in Estonian is 20% and threshold to become obliged to register is a 40.000€ annual sales..

Wages

Levels of wages are considerably lower in Estonia compared many “old” EU countries, social security and other related costs being around 35% of gross salaries.

INCORPORATING ESTONIAN COMPANY

With us you can get your Company incorporated as smoothly and quickly as it possibly can be done. At best during in one business day. Our services include;

Assessing your purpose the company to draft it correctly for its intended business. Setting up the company for its intended business. When need be registering  company for VAT and Employer registers. Setting up corporate banking. Comprehensive information to understand how to and be able to fully operate with Estonian company.

SUPPORT SERVICES FOR ESTONIAN COMPANY

We can provide you all the necessary services needed to keep your company in good standing, and functional at all times: a legal address for the company including a mail forwarding service (virtual office) as well as accounting services.