Company formation in Estonia
Estonia is a small country with a big impact. The Baltic nation of 1.3 million inhabitants has become known as much for its digital prowess as its e-citizenship.
What does it take to register a company in Estonia?
Registration requirements in Estonia are minimum and do not require the appointment of a local director. To register a company in Estonia, you need to provide proof of your identity and ensure that your company name is not already in use. You must also have a company address and a representative for your business. If you want to run your business in English, you’re in luck — Estonia has some of the most flexible language requirements in the world. The country currently accepts applications in English, Estonian, Russian, and has plans to add other languages in the near future.
Company Registration process in Estonia
In Estonia, the process of registering a company includes 3 main steps — company formation, company registration, and company address registration. First, a company formation advisor will guide you through the process of selecting a company name and drafting a business plan. Next, the advisor will help you with company registration, which includes filing the company formation documents with the commercial register and paying the government fees. Finally, the advisor will assist you with company address registration, which is required for businesses with a physical presence in Estonia.
Things to know before forming a company in Estonia
If you decide to form a company in Estonia, there are a few things that you should know before you get started. First, remember that you will have to provide proof of your company’s economic activity and file a tax return every year. Also, you will have to follow the laws that apply to all businesses in Estonia, including those governing employment, health and safety, and data protection.
Summary
Estonia is a great place to start a company, especially if you’re looking to form a tech company. Not only is it one of the most advanced digital societies in the world, but it’s also a great place to incorporate thanks to its low taxes and modern business environment. All in all, Estonia is a smart choice for entrepreneurs who want to start a company in Europe.