General information on Estonian companies
The most common legal form for companies in Estonia is the private limited company (OÜ). It is a limited liability company with a simple structure and a small size of share capital (2,500 EUR).
Public limited companies (AS) are used less often. Their share capital shall be at least 25,000 EUR and besides the management board such companies should also have the council (the board of directors).
Important details:
1. Where the place of residence of a director is not in Estonia, another country of EEA or Swiss Confederation (i.e. the director is not a resident), according to the laws of the Republic of Estonia a local representative should be appointed. Our company also offers services of local representatives.
2. No salary is required to be paid to a director (member of the management board).
3. A company should have local registered address. We are able to provide the registered address service, if you don’t have one. When you order both services – the registered address service and the local representation service – we offer a 25% discount.
4. The company must submit activity reports regardless of the geographical location of its business.
For more information on Estonia and its tax system, see our FAQ.
Experts responsible for provision of this service:
Leonid Ageev, partner, email
Valentin Feklistov, lawyer, email
Jana Kolpakova, lawyer’s assistant, email