Novira Corporate Services

Establishing a company in Estonia

Service for the drafting the basic documents and conducting all the necessary procedures for founding and recording the company into the Estonian Commercial Register.

 

Limited liability company (OÜ)

Set-up service

A foreign national can be solely represented in executive board without any restrictions. However, if all board members of a registered in Estonia company are foreign nationals, the company must appoint a focal person, who can be delivered procedural documentation of an entrepreneur and declarations of will that are intended for an entrepreneur. An appointed focal person can only be a notary public, notary bureau, an attorney, law office, legal auditor, auditing firm, tax representative of a foreign national as meant in a Taxation Act or a legal entity that offers services of a trust-fund or a limited partnership (legal entity must have an eligible license). The law doesn’t oblige the company to pay the board a salary. There are no restrictions regarding purchasing a property in Estonia or abroad.
Corporate tax on the undistributed profits is 0%. Taxes on a regularly distributed sum of dividends is 14% .*
*please contact us directly for the exact terms of a reduced withholding tax rate

Price includes

  • Stamp duty
  • Notary fees
  • Legal servics and consultations
  • Foundation fee
Set-up fee 600 EUR one time fee
Operating services

* - prices depend on the profile of the activity and may change

Total costs 600 EUR + 780 EUR/month (780 EUR/year)
  ORDER
 

Joint stock company (AS)

Set-up service

A foreign national or a foreign company can be a shareholder in Estonian JSC. A foreign national can be solely represented in executive board without any restrictions. However, if all board members of a registered in Estonia company are foreign nationals, the company must appoint a focal person, who can be delivered procedural documentation of an entrepreneur and declarations of will that are intended for an entrepreneur. An appointed focal person can only be a notary public, notary bureau, an attorney, law office, legal auditor, auditing firm, tax representative of a foreign national as meant in a Taxation Act or a legal entity that offers services of a trust-fund or a limited partnership (legal entity must have an eligible license). The non-executive board of directors (supervisory commitee over the executive board of directors) is mandatory and must consist of at least 3 people who can all be the foreign nationals. The law doesn’t oblige the company to pay the board (both executive abd non-executive) a salary. There are no restrictions regarding purchasing a property in Estonia or abroad. The annual audit is mandatory. Corporate tax on the undistributed profits is 0%. Taxes on a regularly distributed sum of dividends is 14% .*please contact us directly for the exact terms of a reduced withholding tax rate.

Price includes

  • Stamp duty
  • Notary fees
  • Legal services and consultations
  • Share registry enrolment
  • Foundation fee
Set-up fee 1000 EUR one time fee
Operating services

* - prices depend on the profile of the activity and may change

Total costs 1000 EUR + 780 EUR/month (780 EUR/year)
  ORDER

Hello, I’m Aleksei. How can I help you?

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