Estonia is known for its user-friendly e-portal environment and its passion for IT-related ventures, allowing it to fully interact with all business-related stakeholders online. 



Key benefits of the Estonian company:

  • Estonia is a small European country located next to the Baltic Sea Region. It enjoys well-developed links with Russia, Scandinavian markets such as Finland and Sweden, as well as with its Baltic neighbours Latvia and Lithuania. 

  • As a member state of European Union (EU), Estonia enjoys high levels of investment, financial freedom, and property rights while corporate tax rates remain relatively low. 

  • Estonian companies and subsidiaries of foreign entities are subject to Corporate Income Tax only in respect to all distributed profits. Retained and reinvested profits are not subject to Corporate Income Tax. 

  • The Estonian Private Limited Liability Company (Osaühing or OÜ) is the most common form of corporate entity. It shall be formed by at least 1 founder with a minimum share capital of EUR 2,500. 

  • Both natural or legal persons are allowed as OÜ shareholders. 

  • In accordance with Estonian Commercial Law, the shareholders may choose not to pay up the entire share capital upon incorporation, if all shareholders are natural persons and share capital totaled less than EUR 25,000. 

  • There is no restriction with regards to shareholders’ citizenship or residence. 

  • The Board shall have at least one member (director), who can be a foreign resident.

  • However, if there are no EU residents within the Board, a local representative will be required, who shall be authorized to receive official documents on company’s behalf.
Application Process:

To set up an offshore company in Estonia, each of the Directors, Shareholders, Beneficial Owners or Authorized Signatories is required to submit the following documents:

For Each Director , Shareholder & Ultimate Beneficial Owner:

  • Notarised / Certified True Copy of Passport
  • Notarised / Certified True Copy of Driving License or National ID
  • Notarised / Certified True Copy of Proof of Address (must be less than 90 days old)
  • Bank or Professional Reference Letter

If there are Corporate shareholders, the following documents must be provided:

  • Certificate of Incorporation
  • Memorandum of Association
  • Articles of Association
  • Articles of Incorporation
  • Register of Directors & Shareholding
We will run a name search in Central Commercial Registry, the corporate registrar of Estonia, to check whether your proposed company name is still available.
We will ensure that all the necessary company formation documents including the Memorandum of Association, Articles of association, Letter of appointment of director(s) are well-prepared.
Our staff at Offshore Tech & Intermediary Services will submit all the required documents to the Central Commercial Registry of Estonia to proceed with your application.
Upon the formation of your Estonia company, you will receive the full set of documents including Certificate of Incorporation, Business Registration, Memorandum of Association and Articles of Association.
You can bring the received documents to open a corporate bank account, or you can let us open a bank account on your behalf.
Expected Timeframe:
Thanks to the efficient administration, forming a company in Estonia takes only about 2 to 4 weeks.
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