Estonia is located in Northern Europe, and the country has been a NATO and EU member since
2004. In 2011 the country became a eurozone member state. Registering a company in Estonia
is ideal for setting up your online business that is not tied to a particular place. This
includes all companies living in the digital world developing software, engaged in IT
consulting, design, marketing, and so on. With its competitive corporate tax, this tiny
Baltic Country is highly valued by entrepreneurs.
In Estonia, the corporate income
tax on profits kept in the company is 0% — which is unique and different from traditional
systems. In Estonia, profits earned by a company are not immediately subject to corporate
income tax. Instead, corporate income tax is only due when you take the profits out of
business - for example, in the form of a dividend. Profits retained in company accounts or
reinvested and used for business purposes are not subject to corporate income tax.
Estonian companies are the way to “digital business” model in the
jurisdiction
that is the
leading in technology transformation. You benefit from the low corporate tax, ease of
digital documents application. Annual reporting is required both for trading and dormant
companies.
Timeline of setting up Estonian company: Up to 30 business days
from
the KYC
collection and payment
Requirements:
In Estonia, you can obtain a Cryptocurrency Exchange licence issued and
supervised under the Financial Intelligence Unit (FIU).
Timeline of setting up
a
company
with a crypto license in Estonia: Up to 90 business days from the KYC collection and
payment.
Required Documents:
Estonian private limited company must have a management board. The management board is
the
directing body of the private limited company that represents and directs the company’s
business. The management board may have one member (director) or several members. A
management board member need not be a shareholder, and a member of the management board
must
be a natural person with an active legal capacity.
At We Form Online, we have a wide base of
professional directors. To find out more, please send us your business description and
precise demands on the candidate.
Timeline for an appointment: Up to 14
business
days from
notification of Estonian Regulator
All Estonian companies applying for a crypto license need to have an AML Officer. At We
Form
Online have a wide base of professional AML Officers. To find out more, please send us
your
business description and clear demands on the candidate.
Timeline for
appointment:
Up to 7
business days from notification of Estonian Regulator
To increase the share capital of an Estonian company, a share capital payment
contribution
must to be made by the shareholder (s) to the company corporate account.
Timeline:
Up to 5
business days from receiving bank confirmation and payment.
Requirements:
The Estonian VAT number starts from «EE» and is followed by 9 digits. VAT registration is
mandatory for companies with 40000+ EUR turnover from the beginning of a calendar year.
Voluntary registration before reaching the 40000 EUR is also possible. As a VAT payer, a
company must pay VAT to the Estonian Tax Department and submit monthly VAT returns.
Timeline: Up to 5 business days from receiving bank confirmation and payment.
All
Estonian
companies must submit Annual reports via the public digital system before the 30 of June
of
the following year. Even if the Estonian Company was «dormant» or «non-active», it is
still
obligated to submit zero Annual report within the stated deadline.
Timeline:
2-3
days for
not-active companies from the moment of access obtainment to the digital system.
Performing complete accounting work for the whole period of the company’s activity if it was not done before. That means that if the company doesn’t have an accountant and needs to submit an annual report, our experts will be obligated to do accounting jobs for the whole period of the company’s activity to prepare the correct Annual Report.
Get Started
Service Description:
Timeline: Up to 10 days from the payment
Requirements:
Estonia is located in Northern Europe, and the country has been a NATO and EU member since
2004. In 2011 the country became a eurozone member state. Registering a company in Estonia
is ideal for setting up your online business that is not tied to a particular place. This
includes all companies living in the digital world developing software, engaged in IT
consulting, design, marketing, and so on. With its competitive corporate tax, this tiny
Baltic Country is highly valued by entrepreneurs.
In Estonia, the corporate income
tax on
profits kept in the company is 0% — which is unique and different from traditional systems.
In Estonia, profits earned by a company are not immediately subject to corporate income tax.
Instead, corporate income tax is only due when you take the profits out of business - for
example, in the form of a dividend. Profits retained in company accounts or reinvested and
used for business purposes are not subject to corporate income tax.
If you have any questions, we kindly ask you to fill out the contact form and provide as many details as possible to serve you. Thank you.
