Company registration in Estonia

Do you want to register a company in Estonia? Legal Baltic professionals will helps you to register an Estonian company and advises you on the necessary operations. We can register a company in Estonia without client’s coming to Estonia. The only task for the client is just to use his imagination and create a name for his company.

We also offer you an opportunity to purchase an Estonian company that is already established. The most popular type of legal entity being set up by foreigners in Estonia is the so-called "Osaühing, OÜ", or private limited company.

If you intend to acquire a new company with the desired name and start a business in Estonia the process of obtaining necessary documents will take 2-3 weeks. Companies with the desired or own names a usually bought by those clients that already have their business in their country and, as a rule, they wish to start or expand a new business in Europe. The purchase procedure of a new company in Estonia is the same as of an established one.
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Private Limited Company (Osaühing or OÜ)

A private limited company in Estonia is a company that has its share capital (in Estonian: osakapital) divided into private limited company shares (in Estonian: osad). A shareholder is not personally liable for the obligations of the company. A private limited company is liable for the performance of its obligations with all of its assets.

The share capital must be a minimum of 2,500 EUR. The minimum nominal value of a share is EUR 1. If the founders are private persons and the share capital is less than EUR 25,000 then the founders can decide that the contribution must not be paid upon the establishing of the company. Until the whole sum has been paid, the founders are personally liable for the obligations of the company within the amount of the missing contribution.

In Estonia a private limited company must have a management board. The management board is a directing body of the private limited company that represents and directs the private limited company. The management board may have one member (director) or several members. A member of the management board does not have to be a shareholder. A member of the management board must be a natural person with active legal capacity. If more than half of board members are not residing in Estonia then the company must give the Commercial Register a contact in Estonia where necessary documents can be sent. The foreign owner must give the Commercial Register his/her address and e-mail address.

A private limited company can have a supervisor board if prescribed by the Articles of Association. But it is not mandatory by the law. A private limited company must have an auditor if prescribed by law or the Articles of Association. An auditor is also mandatory when the company surpasses certain threshold values in terms of turnover, number of employees and asset value.

Public Limited Company (Aktsiaselts or AS)

A public limited company in Estonia is a company that has a share capital (in Estonian: aktsiakapital) divided into public limited company shares (in Estonian: aktsiad). A shareholder is not personally liable for the obligations of the public limited company. A public limited company is liable for the performance of its obligations with all of its assets. One or more natural or legal persons with or without share subscription may found a public limited company.

Share capital must be a minimum of 25,000 EUR and the minimum nominal value of a share should be EUR 0,1. Shares must be registered and entered in the Estonian Central Register of Securities. The rights attached to registered shares belong to the person who is entered as the shareholder in the share register.

A public limited company must have a management board and a supervisory board. The management board is a directing body of the public limited company that represents and directs the public limited company. A member of the management board need not be a shareholder. The management board may have one member (director) or several members. A member of the management board must be a natural person with active legal capacity. A member of the supervisory board must not be a member of the management board. If more than half of board members are not residing in Estonia then the company must give the Commercial Register a contact in Estonia where necessary documents can be sent. The foreign owner must give the Commercial Register his/her address and e-mail address.

The supervisory board must plan the activities of the public limited company, organise the management of the public limited company and supervise the activities of the management board. The supervisory board must notify the general meeting of the results of a review. The supervisory board must give orders to the management board for organisation of the management of the public limited company. The supervisory board must have three members unless the Articles of Association prescribe a greater number of members. A member of the supervisory board must be a natural person with active legal capacity.

Which legal form to choose in Estonia?

According to Legal Baltic experience, the most popular type of business in Estonia is a Private Limited Company (Osaühing or OÜ). Legal Baltic experts will help to set up business or open a branch or representative office in Latvia. Our lawyers will assist you in preparation of incorporation documents and represent your interests in the competent state authorities.

How to Register a New Company in Estonia?

In order to register a new company in Estonia, you do not need to come to our office. You just need to send us your personal and contact information (including copy of your passport, current living place address, phone number and email address) to info@legalbaltic.com, and then our representative will contact you and specify what you should do next.

For Your convenience, after registration process will be completed all the necessary company documents, records and stamp will be at your hands within a month at the latest. The practice shows that this process normally takes 2-3 weeks. If you want to shorten the process time – please come to our office and pick up the company’s documents on the same day.

We will provide you full support for your company in Estonia, taking into account all your individual requirements. Company Formation is provided under the contract in compliance with the laws of Estonia. If you do not have an appropriate visa – we will make a business invitation for an Estonian visa.

We value the time of our clients. For this reason we take over all the obligations related with Company registration in Estonia so that the clients can concentrate on making their business instead of paperwork – leave it to us.

Do you need free consultation? Feel free to Contact with us
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