Registering a company in Estonia
Law firm Progressor offers the service of registering a company in the Commercial Register of Estonia and opening a current bank account.
Company founding procedure
Time of establishment: 5 work days from submitting a notarised application to the Commercial Register. The processing time of the notarised application depends on your efficiency in submitting the necessary information and documents.
Limitations for founders and board of the company: must not be prohibited from engaging in enterprise and cannot have bankruptcy proceedings initiated against them.
The company does not have to have paid employees. However, the structure must consist of the owner (legal or natural person) and a board member (natural person). A board member may also be the owner.
The company’s business name must differ from companies already registered in Estonia by at least 3 letters.
The minimal amount of share capital is 2,500 euros.
Contributing into share capital upon the founding of a company is a compulsory procedure if the founder is a legal person. However, for our clients we recommend contributing into the share capital even if the founder(s) is (are) a natural person(s).
Accounting: for taxable companies: monthly VAT returns and annual accounts. For non-taxable companies: submitting annual accounts.
You can find information on tax rates on our homepage, in the section “Estonia for non-residents”. https://progressor.ee/en/estonia-for-non-residents
As an additional service, we offer:
- Registration address and post box services
- Contact person service (requirement of the Commercial Register for companies whose board members are not citizens of Estonia)
- Help with the completion of working visa formalities (D visa)
- Submitting documents for VAT number registration
- Applying for a digital e-Resident ID card.