
Foreign businessmen interested in the
accommodation industry in Estonia can set up their operations here in accordance with the stipulations provided by the local legislation. The
registration of a hotel in Estonia is done by respecting the provisions of the
incorporation process available for any other type of
company, but it is necessary to obtain special permits which offer the right to
conduct accommodation activities in Estonia. Persons who want to find out more details about the
hotel industry in Estonia can receive assistance on this matter from
our team of Estonian company formation specialists.
Register a hotel in Estonia
In order to
open a hotel in Estonia any investor is required to
incorporate the business under one of the
legal entities available under the
Estonian legislation. In order to do so, it is required to propose and
register a company name, a process which can be completed at the
Commercial Registry, where persons who want to
establish a company can verify various aspects of the procedure.
The following step is to
choose a legal entity under which the
accommodation unit can carry out its operations. Entrepreneurs can incorporate their company under the next
business forms:
• public limited company;
• general partnership;
• sole proprietorship;
• limited partnership.
Under the local legislation, businessmen are not required to register for social insurance taxes, as this process is done through an automatic scheme, which receives information on this matter from the
Tax and Customs Board; still, new companies have to register for
Value Added Tax (VAT) purposes, payable at the Tax and Customs Board;
our Estonian company formation agents can assist entrepreneurs with the registration at the local authorities.
Licenses for an accommodation unit in Estonia
When
opening a company established as an
accommodation unit in Estonia, one of the main steps related to its
incorporation is the process of receiving
licenses in accordance with the
hotel classification system available here. The main authorities regulating the industry are the Consumer Protection Board, the Rescue Board and the Health Protection Inspectorate.
Hotels in Estonia are categorized based on star system, where 1 star refers to hotels providing the minimum accommodation services, while 5 stars are awarded to hotels providing a high quality accommodation services.