Estonia is a small country that has been a member of the European Union since 2004. The state currency is the euro. The population of Estonia is 1,324,820 people.
In recent years, more and more companies have been opened in Estonia by non-residents of Estonia. Since 2015, 66,000 electronic residents have appeared in Estonia (a significant part of which are residents of Ukraine and Russia), who have created more than 10,000 companies, of which more than 1,000 are well-known startups, of which 4 unicorn companies have grown.
Estonia is the first digital state in the world whose residents can carry out any interaction with the state in an electronic environment - from a visit to a family doctor to registering a child in a kindergarten.
Estonia is open to investments and attracting capital from international investors.
Why is it worth starting a company in Estonia?
No income tax
In Estonia, there is no tax on retained earnings, that is, if you do not take money from the company for needs not related to entrepreneurial activity, you will not have income tax.
Thanks to the e-Residency card, you can manage your company from anywhere in the world, you can also delegate your authority to an Estonian representative, for example, for filing tax returns for your company.
Estonia is a member of the European Union and all European directives and laws apply here. European Union law takes precedence over Estonian law.
How to open a company in Estonia?
You can open a company in Estonia using an e-Residency card.
If you already have an e-resindency ID card on hand, you can open a company right away. The company will be registered the next day.
In order to register a company, you need to contact us, go through KYC verification ("know your client") and after that we ourselves will prepare an application in the commercial register, you just have to sign it.
What is the e-Residency card and how to get it?
The e-Residency card is a card that enables you to sign any documents from Estonian companies or the state using an electronic signature.
NB! The e-Residency card is not an identity document and does not give a person the right to live in Estonia or the EU. This card only gives the right to sign documents electronically in Estonia.
In order to obtain an e-Residency card, you need to go to the special website of the police department: https://eresident.politsei.ee/
and register an account, as well as fill out an application.
The state fee is 100-120 euros, depending on the type of your bank card. Application processing takes 3-8 weeks.
How do I open a bank account?
We will help you open an account for your company with the following banks and payment systems: LHV, Wise, PaySera or Revolut. Once your company is established, you will receive a complete set of documents required to open an account. If you have any difficulties, you can always contact us.