Creating Success
WHY REGISTER AN ESTONIAN COMPANY?
The Smart Choice for International Entrepreneurs
Location Independence
Operate your EU company from anywhere in the world. No physical presence required. Perfect for digital nomads and remote businesses.
0% Corporate Tax on Reinvested Profits
Estonia's unique tax system: Pay 0% tax on profits kept in the company. Only pay 22% when distributing dividends. This accelerates business growth significantly.
Full EU Market Access
Your Estonian company operates freely across all 27 EU member states. Access 450+ million consumers, SEPA banking, and EU business regulations.
Digital Government Infrastructure
Estonia is the world's most advanced digital society. Everything—from registration to tax filing—happens online through secure government portals.
Professional Credibility
"Estonian OÜ" signals legitimacy to international clients, partners, and payment processors. EU company structure builds trust globally.
Low Operating Costs
Competitive accounting fees (€100-200/month vs €500+ in other EU countries), no mandatory physical office, transparent regulatory environment.
Which Business Structure is Right for You?
TYPES OF ESTONIAN COMPANIES
Private Limited Company (Osaühing – OÜ)
⭐ RECOMMENDED
95% of our clients choose this structure
Key Features:
- Minimum share capital: €0.01 per shareholder
- Limited liability: Your personal assets are protected
- Ownership: Can be 100% owned by one person (individual or legal entity)
- Management: Requires at least one board member (can be the same person as shareholder)
- Residency: No residency requirements for shareholders or directors
- Best for: Startups, freelancers, e-commerce, consultants, SaaS companies, agencies
Advantages:
✓ Simple governance structure
✓ Low capital requirement
✓ Full liability protection
✓ Easy to manage remotely
✓ Suitable for e-Residency program
✓ Can hire employees ✓ Professional business image
Starting Price: €940 (all-inclusive registration package)
Public Limited Company (Aktsiaselts – AS)
For larger enterprises and companies planning public offerings
Key Features:
- Minimum share capital: €25,000 (must be paid in full before registration)
- Shares: Can be publicly traded
- Governance: More complex (supervisory board required if 3+ board members)
- Compliance: Higher reporting requirements
- Best for: Large businesses, companies seeking stock exchange listing, significant investments
Advantages:
✓ Can issue public shares
✓ Suitable for large-scale operations
✓ Professional image for major enterprises
✓ Easier to raise capital from public markets
Disadvantages:
✗ High capital requirement
✗ Complex governance
✗ More expensive to maintain
✗ Mandatory audits in most cases
Starting Price: €1,500+ (due to complexity)
Branch of Foreign Company
Extension of your existing company into Estonia
Key Features:
- Not a separate legal entity (operates as part of parent company)
- Parent company liability: Parent company is liable for all branch activities
- Local representative: Must appoint representative in Estonia
- Best for: Existing foreign companies expanding into Estonian/EU market
Advantages:
✓ No separate share capital required
✓ Can leverage parent company reputation
✓ Simpler than starting new entity
✓ EU market access
Disadvantages:
✗ Parent company fully liable
✗ More complex tax reporting
✗ Limited autonomy
✗ Not suitable for e-Residents
Starting Price: €1,200+ (includes parent company documentation)
What You Need to Register Your Estonian Company
REGISTRATION REQUIREMENTS
1. Founders (Shareholders) Information
Documents needed:
✅ Valid passport or national ID (scanned copy)
✅ Proof of residential address (utility bill, bank statement – issued within 3 months)
✅ Contact information (email, phone number)
Who can be a founder:
- Individuals of any nationality (no restrictions)
- Legal entities (companies from any country)
- Multiple founders allowed (or single 100% owner)
- No age restrictions (minors require guardian consent)
- No residency requirements
If founder is a legal entity:
- Company registration certificate (apostilled)
- Good standing certificate
- UBO (Ultimate Beneficial Owner) declaration
- Board resolution authorizing the investment
2. Board Members (Directors) Information
Requirements:
✅ At least one board member required (can be same person as shareholder)
✅ Valid passport or ID
✅ Estonian contact address (we provide this service)
✅ No criminal record requirement (but background checks may apply)
Who can be a board member:
- Any individual from any country
- No residency requirement
- Can manage company remotely
- Legal entities cannot be board members (must be natural person)
Board member responsibilities:
- Represent company legally
- Make business decisions
- Ensure compliance with Estonian law
- Sign official documents
- File tax returns
3. Company Details
You must decide on:
Company Name:
- Must be unique (not already registered in Estonia)
- Can be in Estonian, English, or other languages using Latin characters
- Must include “OÜ” at the end (or write out “Osaühing”)
- Cannot suggest government affiliation
- Cannot be misleading about activities
Check name availability: We search Estonian Business Register for free before reserving.
Business Activities (EMTAK Codes):
- Select primary activity code (main business)
- Add secondary codes (additional activities)
- Multiple codes allowed
We help you select optimal codes for your business.
Share Capital:
- Minimum: €0,01 per shareholder for OÜ
- Can be higher (no maximum)
- Division: Decide ownership percentages among shareholders
Registered Address:
- Must be physical address in Estonia (not PO box)
- Must accept official correspondence
- We provide legal address service: €17/month (first year included in package)
4. Legal Documents
(We Prepare These)
Articles of Association (Põhikiri):
- Company founding document
- Specifies governance structure
- Drafted in Estonian (English translation provided)
- We prepare professionally based on your requirements
Registration Application:
- Official form for Estonian Business Register
- All shareholder and director details
- Company information
- We complete and submit digitally
Shareholder Agreement (Optional but recommended):
- Defines rights and obligations
- Profit distribution rules
- Decision-making processes
- Exit strategies
- Dispute resolution
Board Member Appointment:
- Official appointment documents
- Signature samples
- Contact information
Step-by-Step:
How We Register Your Company
METHOD 1: With E-Residency (Most Common) ⭐
Timeline: 24-48 hours after you receive e-Residency card
STEP 1: Initial Consultation (Day 1)
- Free 30-minute call with our team
- Discuss your business needs and structure
- Explain process and timeline
- Provide fixed-price quote
- Answer all questions
STEP 2: Document Collection (Days 1-2)
- We send you document checklist
- You provide passport copies, address proof
- We verify all documents
- Request clarifications if needed
STEP 3: Company Name Reservation (Day 2)
- We search Business Register for name availability
- Reserve your chosen name (valid 2 months)
- Suggest alternatives if needed
- Confirm business activity codes
STEP 4: Articles of Association Preparation (Days 2-3)
- We draft your Põhikiri (founding document)
- Include all required legal provisions
- Prepare in Estonian with English translation
- Send for your review and approval
STEP 5: Share Capital (Day 3)
- You transfer €0.01 + to temporary account or prepare to pay after registration
- Most banks now require full payment before business account opening
- We provide bank details for transfer
STEP 6: Legal Address Setup (Day 3)
- We assign Estonian address to your company
- Set up mail receiving service
- Activate correspondence handling
STEP 7: Digital Submission (Day 4)
- You sign Articles of Association with e-Residency digital signature
- We submit application to Estonian Business Register electronically
- Pay state fee: €190 (standard 1-3 days) or €265 (express 2-4 hours)
STEP 8: Government Processing (Days 4-5)
- Business Register reviews application
- Verifies all documents and signatures
- Checks name uniqueness and legal compliance
- Typical processing: 1-3 business days (or 2-4 hours express)
STEP 9: Registration Approval (Day 5)
- You receive email confirmation from Business Register
- Company officially registered
- Registration number assigned (format: 12345678)
STEP 10: Documents Delivery (Day 5)
- We download official registration certificate
- Provide company extract from Business Register
- Send all signed documents
- Provide company seal design (digital)
✅ YOUR COMPANY IS NOW OFFICIALLY REGISTERED AND READY TO OPERATE
METHOD 2:
Power of Attorney (Without E-Residency)
Timeline: 7-10 days from document signing
Best for: Those who want fast registration without waiting for e-Residency card.
How it works:
STEP 1: Consultation & Agreement (Day 1)
- Same as Method 1
- We explain Power of Attorney process
- Provide notarization requirements for your country
STEP 2: Document Preparation (Days 1-3)
- We prepare all company documents
- Draft Power of Attorney
- Send you documents for signature
- You notarize Power of Attorney in your home country
STEP 3: Document Legalization (Days 3-5)
- Power of Attorney must be apostilled (Hague Convention countries)
- Or legalized through embassy (non-Hague countries)
- Translated to Estonian by sworn translator
- We can arrange translation
STEP 4: Notarial Registration in Estonia (Days 6-7)
- We schedule appointment with Estonian notary
- Our representative appears on your behalf
- Notary verifies all documents
- Signs and notarizes company founding documents
STEP 5: Business Register Submission (Day 7)
- Notary submits registration to Business Register
- Payment of state fees
- Typical processing: 5 business days
STEP 6: Approval & Documents (Days 10-12)
- Registration approved
- We collect official documents
- Send you complete company package
Total Timeline: 10-12 days
Cost: €1200+ notarization/apostille costs in your country (typically €50-150)
METHOD 3:
In-Person Registration in Estonia
Timeline: 5 business days from notary appointment
Best for: Those visiting Estonia or living nearby.
How it works:
STEP 1: Preparation Before Arrival (1 week before)
- We prepare all documents in advance
- Reserve company name
- Draft Articles of Association
- Schedule notary appointment during your visit
STEP 2: Arrival in Estonia (Day 1)
- You arrive in Tallinn
- Meet with our representative
- Review all documents
- Final questions answered
STEP 3: Notary Appointment (Day 2)
- We accompany you to notary office
- Notary verifies your identity
- You sign all founding documents
- Notary notarizes documents
- Appointment duration: 30-60 minutes
STEP 4: Submission & Processing (Days 2-7)
- Notary submits to Business Register
- Standard processing: 5 business days
- You can return home immediately after notary
STEP 5: Registration Complete (Day 7)
- Company registered
- We send you all official documents
Total Timeline: 5 business days after notary appointment
Cost: Starting from €1000 + your travel costs to Estonia
Which Method is Best for You?
Ready to start?
Issue a power of attorney to our specialist and we will register a company with a notary by proxy, without the need to travel to Estonia.
- We will prepare a power of attorney for signing and certification
- We will prepare all the necessary documents
- We will register a company with a notary by your power of attorney
Since we sign documents at notary office on your behalf
Visit Tallinn and register a company in a classic notarial way. We’ll be there to help
- We will prepare all the necessary documents
- We will arrange a meeting with a notary
- Our representatives will accompany you at all stages of registration
It will take 5 days since You sign documents in notary office
Registration for Estonian e-Residents.
You don’t need visit Estonia, everything can be done via the Internet.
- Company registration and changes online
- Opening a bank account online
- Online tax filing
Leave us request and we will make proposal
Your Company is Registered - Now What?
Step 1: Open Business Bank Account (Week 1-2)
- Most important next step
- Required to operate business
- We assist with applications (95% success rate)
- Recommended banks: LHV, Luminor, or fintech alternatives (Wise, Revolut)
Step 2: Register for VAT (if applicable)
- Required if annual turnover exceeds €40,000
- Or immediately if selling to other EU businesses (reverse charge)
- We handle registration and monthly filings
Step 3: Set Up Bookkeeping (Essential)
- Estonian law requires proper accounting from day one
- Professional bookkeeping prevents future compliance issues
- We offer monthly bookkeeping from €100/month
Step 4: Register as Employer (if hiring)
- Register with Estonian Tax and Customs Board
- Set up payroll system
- Calculate social tax and contributions
- We handle full payroll: €50/employee/month
Step 5: Obtain Business Licenses (if required)
- Certain activities require special permits
- Examples: Financial services, healthcare, education, alcohol sales
- We help identify requirements and apply
Step 6: Compliance Calendar Setup
- Mark important deadlines (annual reports, tax filings)
- June 30: Annual report deadline
- Monthly/quarterly: VAT returns
- We provide automated reminders
Creating Success
Why Choose LKS Consult for Your Bookkeeping?
Whether you’re a small business owner seeking guidance on tax optimization, a startup in need of comprehensive financial planning, or a large corporation looking for strategic financial insight, our team of accountants is here to support you every step of the way.
10+ Years of Estonian Market Experience
Our team has extensive experience working with both local Estonian companies and international e-residents. We understand the unique challenges faced by digital entrepreneurs and foreign business owners operating in Estonia.
Multilingual Support
We provide services in Estonian, Russian, English and Spanish, ensuring clear communication regardless of your language preference. No more confusion about accounting terminology or tax requirements.
Cost-Effective Solutions
Hiring a full-time accountant in Estonia can cost €2,000-3,000 per month. Our professional bookkeeping services start from a fraction of that cost, giving you access to expert accounting without the overhead.
E-Residency Specialists
We are experienced in serving e-residents who manage their Estonian companies remotely. We understand the digital workflows, cross-border challenges, and specific needs of location-independent entrepreneurs.
Proactive Communication
We don't just process numbers - we keep you informed about: Upcoming tax deadlines, Important regulatory changes, Opportunities to optimize your tax position, Financial insights to help you make better business decisions
Compliance Guarantee
With LKS Consult, you can be confident that your accounting is always compliant with Estonian laws. We stay updated on all regulatory changes and ensure your business meets all requirements.
Tax
General Taxes in Estonia
0%
Profit Tax
22%
TAX on distributed profit (dividends)
24%
Value Added Tax
FAQ
COMMON
QUESTIONS ANSWERED
Contact us today for a consultation, and discover the difference that our team of expert accountants can make for your business or personal finances. Your success is our success, and we look forward to being a part of it.
- E-Residency method: 24-48 hours after you have your e-Residency card (but getting e-Residency takes 4-6 weeks initially)
- Power of Attorney: 7-10 days total from document signing
- In-person in Estonia: 5 business days from notary appointment
- Express option: 2-4 hours processing (available for e-Residency and in-person methods, add €75)
Yes. 85% of our clients never visit Estonia. With e-Residency, everything is 100% online after you collect your digital ID card from an embassy/consulate (15-minute pickup).
No. You can be the sole director even if you live in another country. Estonia has no local director requirement (unlike UK, for example).
One. You can be 100% owner of your company. No co-founder required.
Yes. Estonian company formation is open to citizens of any country. We’ve registered companies for clients from 80+ countries including US, UK, India, UAE, China, Australia, etc.
You must have an Estonian registered address. We provide legal address service. This is a professional Tallinn address where official mail is received.
We search Business Register before reservation. If taken, we suggest alternatives (adding OÜ, different spelling, English/Estonian variations). Most clients find an available name within 2-3 attempts.
No, if you use e-Residency (digital signatures). Yes, if you choose in-person notarial registration. Power of Attorney method requires no travel—we sign on your behalf in Estonia.
Yes. You can change: directors, shareholders, address, business activities, share capital. Each amendment requires Business Register submission and fees (€150-400 depending on change). We handle amendments for €200-400 service fee.
- Official registration certificate from Business Register
- Company extract (details of company, shareholders, directors)
- Digitally signed Articles of Association
- Registration confirmation email
- Company registration number (used for all official matters)
Yes, partially. Estonian Business Register is public. Anyone can see: company name, registration number, address, directors, shareholders (names only), share capital, business activities. Financial information is not public unless company is large enough to require published annual reports.
- Company extract from Business Register (we provide)
- Articles of Association (shows shareholding)
- Registration certificate
- Bank account in company name (once opened)
Yes. Many entrepreneurs register separate companies for different business lines, tax optimization, or asset protection. We offer discounts for multiple registrations. Contact our specialist to get a tailored quote.
You can liquidate (close) your Estonian company anytime. Process: settle debts, file final tax returns, submit liquidation to Business Register, 3-month creditor notice period, final approval. Timeline: 3-6 months. Cost: €400-600 for our assistance + €150-200 state fees.
Some regulated industries (financial services, healthcare, gambling, etc.) require special licenses before or immediately after registration. We can register the company structure, but you’ll need to work with specialized licensing consultants for permits. We can recommend partners.
Yes. Once registered, you can register .ee domain (Estonian domain). You’ll need your company registration number. We don’t provide domain registration but can recommend registrars.
DIY: Navigate Estonian language documents, understand legal requirements, risk errors (rejected applications), no support if issues arise, spend 10-20 hours researching.
With LKS Consult: All documents prepared correctly, Estonian language handled, legal compliance ensured, personal manager, guaranteed acceptance, 1-3 hour time investment from you. Plus, we’re there for questions afterward.
Most clients value their time and expertise at more than the €200-400 service fee difference.
- Keep in mind that accounting regulations and requirements may change over time, so staying informed and seeking professional advice when necessary is crucial to ensure compliance and financial success in Estonia.
