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Starting a Business in Estonia

Updated on Wednesday 27th April 2016

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Starting_a_Business_in_Estonia.jpgEstonia is an attractive country for entrepreneurs in Europe and the country has many advantages for offer to its investors. There are several steps one needs to follow when deciding start a business in Estonia, but the general principles for starting a business and registering a new company are straightforward and, with the right help, this can be accomplished fast. 
 
Our Estonian company formation specialists are ready to give you any advice regarding foreign investments in Estonia and help you know all there is to know about starting a new company in Estonia. 
 

Estonia as a business destination

 
Estonia is a well-developed country with good infrastructure and a competitive business environment. An important number of foreign investors has chosen the country to invest in areas such as communications and IT.  In Estonia, foreign investors enjoy the same rights as local ones but they also need to observe specific rules and regulations for doing business.
 
Estonia has an excellent geographical position in the EU and has always taken advantage of it. Situated within an important trading route between eastern and western Europe, the country has important ports and the trade sector is very well developed here.
 

Opening an Estonian company

 
Foreign investors will not only find a welcoming business environment in Estonia, but will also enjoy working with the highly qualified workforce in the country. According to the Company Act, business owners can establish several types of companies in Estonia. These are the private limited company, the public limited company, the general partnership, the limited partnership or the sole proprietorship.
 
International companies that want to base their business in Estonia can choose to open a branch or even a liaison office. If you cannot be present in the country during the company incorporation procedures, one of our company formation agents in Estonia can help you obtain a special power of attorney so that one of our representatives can act on your behalf for your Estonian company.
 
The steps for starting a business in Estonia are the following: choosing a business name and checking its availability, registering the company at the Commercial Register, registering the company as a VAT payer, registering any employees in the employee registry.
 
Companies in Estonia need to observe the tax obligations applicable in the country and they must also comply with the accounting requirements.
 
Our company formation representative in Estonia can help you enter your company in the Commercial Register and can offer you assistance for doing business in Estonia. Please contact our experts for more detailed information and advice.
 
 

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