Company Formation Services in Estonia (Schengen/ EU)
If you want to establish business in European Union/ Schengen as a foreigner or simply have international partners without hindrances yet also reduce taxation legally, the best possible country would be Estonia and for that the first step would be to establish a company in Estonia.
Key Advantages of registering a company in Estonia:
- As Estonia has entered the convention for the avoidance of double taxation with the 59 countries of the world hence not only double taxation but also there is 0% company income tax (tax on retained earnings).
- Founders and Board members may be non-residents of Estonia(there is no need to have a local Director).
- There is no mandatory conditionto pay a salary to the company’s director and there are no salary requirements.
- There is no need to contribute the authorized capital when establishing a company.
- Possibility of fully remote management of the company if the owner has an e-Resident card.
- In case of doing business in Estonia, a Board member has the right to apply for a residence permit for up to 5 years.
- Possibility to purchase transport and real estate in the ownership of an Estonian company without taxes.
- Estonia has a transparent and clear tax system without progressive taxes.
FORMS OF BUSINESS IN ESTONIA
According to the Commercial Code, there are 6 forms of business in Estonia:
- Limited Liability Partnership or Private Limited Company
- Public Limited Company
- General Partnership
- Limited Partnership
- Limited Partnership
In addition to the listed legal forms of entrepreneurship, an individual entrepreneur can operate as a Sole Proprietor (FIE), which must also be entered in the Commercial Register.
Simple process:
Foreign companies can also offer their goods or services by opening a branch in Estonia. The branch must be registered in the Commercial Register by submitting an application with all the necessary documentation. It should be noted that the branch is not a form of entrepreneurial activity, and the foreign company is fully responsible for the obligations arising from the activities of the branch.
Before determining the appropriate form of business, you should answer these fundamental questions that will determine the rules of the day-to-day business of your company:
– How will the company be managed?
– What will the company be called?
– Who will act as a shareholder?
– What will be the initial field of activity?
– What will be the location of the company and its legal address?
Forms of Business
a) Limited Liability Partnership
The most common form of doing business in Estonia is a Limited Liability Partnership. Detailed information on the types of business conducted is also available in the Commercial Code. Limited Liability Partnership.
Holders of an Estonian ID-card or e-Resident card can set up a private limited company and manage it even simply online. With zero personal liability an LLP is established through quick registration, as well as a relatively small share capital rate (2,500 EUR). Foundation of an LLP costs 200 EUR. When established electronically in an expedited manner, the state fee will be 265 EUR. Such a company should have a governing body (Management Board) that represents and manages the company. The Board may consist of one or more members. Board members are not required to own shares in the company. The requirements for this form include a contact person to the Commercial Register, address and email address that too incase of Board Members not residing in Astonia.
A private limited company can be incorporated without depositing share capital.
If the annual turnover of the company exceeds 40,000 EUR in Estonia, the founder must register as a VAT payer with the Tax and Customs Board. In addition, some areas of activity require a license (for example, cryptocurrency business).
b) Public Limited Company
A Public Limited Company is a form of business with the highest requirements for the authorized capital (at least 25,000 EUR) and must have a multi-level management structure.
The advantages of a Public Limited Company:
- As Estonia has entered the convention for the avoidance of double taxation with the 59 countries of the world hence not only double taxation but also there is 0% company income tax (tax on retained earnings).
- Ability to attract a wide range of shareholders
- Suitable for the implementation of large projects
- Shareholders are not personally liable for the obligations of a PLC
One or more natural or legal persons, with or without subscription to shares, can establish a PLC in Estonia. The company is responsible for the fulfillment of its obligations with all of its property. The shareholder is not personally liable for the obligations of the Public Limited Company. Compared to a private company, a member of the Board of a PLC must be registered with the Estonian Central Register of Securities, and the rights related to registered shares will belong to the person who is indicated as a shareholder.
It is necessary that a Public Limited Company has the Management Board and the Supervisory Board. The Supervisory Board usually consists of 3 members, not necessarily shareholders, but half of them must be EU residents. The Supervisory Board appoints and organizes the management of the company. Members of the Supervisory Board cannot be members of the Management Board. If more than half of the members of the Management Board are non-residents of Estonia, the company must submit to the Commercial Register a contact person in Estonia where the necessary documents can be sent. In addition, a PLC must have an auditor appointed.
The state duty for the establishment of a Public Limited Company is 200 EUR.
Online registration of a Public Limited Company is not yet available. A public limited company must be registered with a notary. The notary fee for founding a PLC depends on the number of shareholders and the size of the share capital.
One of the main features of a public limited company is the requirement to register shares with the Estonian Central Register of Securities or with another depository.
The Tax and Customs Board will consider the application for registration of a PLC within 5 business days from the submission date.
- If you plan to operate in the business field with special requirements, you must apply for an appropriate license.
- The public limited company must be registered with the Tax and Customs Board if the planned annual turnover exceeds 40,000 EUR.
- Employees of the company will need to be registered with the Employment Register.
General Partnership and Limited Partnership
A General Partnership and a Limited Partnership are relatively rare business forms in Estonia. They are suitable for starting a business when a larger number of stakeholders are involved or to support the economic activity of shareholders.
The advantages of a General Partnership or Limited Partnership are simple and quick registration and no requirements for the minimum amount of the share capital.
General Partnership:
A General Partnership must be made up of two or more partners who operate under a common business name and are unlimited jointly and severally liable for the company’s obligations. A General Partnership operates on the basis of an association agreement concluded between partners. No minimum capital investment is required, and profits are distributed among shareholders in accordance with their share, unless otherwise specified in the agreement. The association agreement does not require notarization or filing with the Commercial Register.
Limited Partnership:
An Estonian Limited Partnership has the requirement of at least one general shareholder and one limited shareholder operating under a common commercial name. The general partner will be solely responsible for the legal obligations of the company, while the limited partner is liable up to the amount of the investment.
Methods of establishment:
- Online on the Company Registration Portal (digital signature required)
- Institution through a notary
The state fee for the registration of a General or Limited Partnership is 13 EUR. When using notary services, you will also have to pay a notary fee. The fee for notarization of the authenticity of the signature on the application is 12,75 EUR (excluding VAT).
The Tax and Customs Board will consider an application for registration of a General Partnership or Limited Partnership within 5 business days from the submission date.
- If you plan to operate in the business field with special requirements, you must apply for an appropriate license.
- The company must be registered with the Tax and Customs Board if the planned annual turnover exceeds 40,000 EUR.
- Employees of the company will need to be registered with the Employment Register.
Commercial Association:
A Commercial Association is a company aimed at supporting and promoting the economic interests of its members through collective business activities, members of which act:
- As consumers or users of other goods
- In the role of suppliers
- Through labor contribution
- Through the use of services
- In another similar way
A Commercial Association can be created by at least two persons. The advantage of a commercial association is the absence of personal liability of its members for the obligations of the association. The charter can provide either full personal responsibility of the participants, or within the limits determined by the charter.
The only process to register is through notary, to certify the application for entering the company into the Commercial Register and prepare the documents. Moreover, in order to create a Commercial Association, it is necessary to pay a state fee of 200 EUR. VAT will be added to all notary fees.
In the event of full personal liability, the association does not require share capital. If the charter does not provide for the personal liability of the members of the cooperative for the obligations of the association, the amount of the authorized capital will be at least 2,500 EUR.
The Tax and Customs Board will consider the application for registration of a Commercial Association within 5 business days from the date of its receipt.
- If you plan to operate in the business field with special requirements, you must apply for an appropriate license.
- The company must be registered with the Tax and Customs Board if the planned annual turnover exceeds 40,000 EUR.
- Employees of the company will need to be registered with the Employment Register.
Sole Proprietor:
An individual entrepreneur (IE or FIE) is a form of business that is best suited for those who are running small businesses alone or with a family.
The advantages of operating as Sole Proprietor:
- Simple registration
- There are no requirements for the minimum amount of capital
- Individual entrepreneurs are not required to have articles of association
However, individual entrepreneurs bear unlimited personal liability if/any debts incur during the tenure of the business.
When creating a FIE, there is no need to draw up a memorandum or articles of association. An important requirement is a bank account suitable for doing business.
To register as a Sole Proprietor, you will need to pay a state fee of 13 EUR.
Online registration
Fast-track electronic registration will take only a few hours. To register as a FIE in Estonia, you must provide the following information:
- Name of the entrepreneur
- Personal code
- Name of a Sole Proprietor with the abbreviation “FIE” at the end
- Address and other legal data
Registration with a notary
A notarial application for registration shall take 5 business days from the date of its submission. The fee for notarization of the authenticity of the signature is 12,75 EUR. VAT will be added to all notary fees.
- If you plan to operate in the field of activity, where the special requirements are imposed, you will have to apply for an appropriate license.
- An individual entrepreneur must be registered with the Tax and Customs Board if the planned annual turnover exceeds 40,000 EUR.
- Employees of the company will need to be registered with the Employment Register.
It is assumed that the Sole Proprietor will keep the accounting records of the company in accordance with the provisions laid down in the Estonian Accounting Act.
FREQUENTLY ASKED QUESTIONS
The cost of a company registration depends on the type of incorporation. For more information please see the prices listed above.
The company will be registered during 5 business days after signing the company registration application.
An Estonian company is allowed to carry on any authorized activity. A company can perform several different types of activities at the same time.
Please read an article Open a company in Lithuania.
Yes, a foreigner can be the owner and director of an Estonian company.
At least one owner from among Board members.
The minimum share capital is 2,500 EUR, which can be contributed within 10 years. In Estonia, a company can be established without making a share capital contribution.
Yes, a VAT number can be obtained before the company starts to operate.
An Estonian company may have no employees.
As prescribed by law, an Estonian company owned by a foreigner shall have a contact person (200 EUR/year) and a legal address in Estonia (200 EUR/year).
In Estonia, there is no income tax, turnover tax or pre-distribution tax. Salaries of non-residents of Estonia living outside the country are subject to a 20% income tax. Dividends are taxed at 25%.
Upon setting up a company in Estonia, you might require visa to visit Estonia.
The company can be created without an initial capital. The Estonian Entrepreneurship Law stipulates that the contribution of the share capital is made during the establishment of the company or later. All shareholders of the company are personally liable for the full payment of the corresponding share in the share capital within one year, but not later than after the payment of dividends. If the share capital is not paid, the possibility of paying dividends will not arise.
The name of the company must be limited to the Estonian alphabet without the use of any symbols. It is important to ensure that your unique company name has not been previously trademarked. This can be verified from the commercial registrar through the legal consultants.
Yes, unless it requires additional notification or licensing. However, it should be noted that the EMTAK code, which is assigned to the company when choosing the scope of your business, after the submission of the annual report, will not be changed. Classification by code improves international comparability within a category.
Yes, all founders must enter the Estonian Commercial Register with an e-resident card and provide their digital signature.
Virtual Office
In accordance with Estonian law, in order to register a company, it is compulsory to have a legal address in the territory of the country. We offer our clients to register the company’s legal address. Also, if necessary, we can prepare a utility bill, which is a key document for launching e-commerce on Amazon and opening an account with some banks in Europe.
The main difference between a legal address and a physical address is that a legal address is simply a registered address and a company mailbox. If your company needs a physical/real office with further receipt of invoices on the name of a company, or a company has an activity in Estonia, the specialists of will be happy to help rent or purchase business premises for a physical office in Estonia.
Virtual Offices are absolutely legal;
At this point, we clarify that having a virtual office in Estonia for the business purposes is absolutely legal. Virtual offices are regulated by the Estonian government, and only companies with proper licenses approved by the authorities, can offer the following service.
The main difference between a virtual address and a physical address is that a legal address is simply a registered address and a company mailbox.
Let’s consider the advantages:
- Full legality
- Low cost
- Less concerns regarding practical problems
- Professional impression
- Remote business management
It is important to note that the founder or founders draw up the legal address in the e-Business Register. The address will be indicated in the decision on the establishment of the company, the Articles of Association, and the registration card. So, in that way, the official Estonian Commercial Register (e-Business Register) will contain all the data about your company, including the legal address.
Also, be aware that If you decide to change information regarding your business address in Estonia, you must pay a state fee of 18 EUR to the Estonian Ministry of Finance.
FREQUENTLY ASKED QUESTIONS
In accordance with Estonian law, in order to , it is compulsory to have a legal address in the territory of the country, so that, if necessary, state institutions could send information letters to this particular address.
No. The main difference between a legal address (virtual office) and a physical address is that a legal address is simply a registered address and a company mailbox.
When establishing a company, the legal address is drawn up by the founder or founders in the e-Business Register.
The official Estonian Commercial Register (e-Business Register) will contain all the data about your company, including the legal address. If desired, the official data can be saved as a PDF document, or, if necessary, the contract concluded with us on ordering the Virtual Office Service will serve as a certificate.
When registering a company in the e-Business Register, a company address confirmation certificate is not required to be presented. In exceptional cases, you will be required to confirm the legal address, which you can download from the Commercial Register, or present a corresponding agreement with Company in Estonia OÜ.
Yes. Actually, this is one of the preconditions for establishing an Estonian company. A legal address in Estonia and a person residing in Estonia are compulsory for the establishment of the company if the Board Members reside outside Estonia.
The company’s address in the Commercial Register should be changed if the legal address has changed or the company no longer has the right to use it. To do this, you must submit an application for amendments into the Commercial Register. If the new location of the company is in another city/county or, it is also necessary to amend the Articles of Association. When making amendments to the Articles of Association, the company must pay a state fee.
Yes, a state fee of 18 EUR must be paid to the Estonian Ministry of Finance. Information about the corporate account and registration number is provided in the e-Business Register at the final stage of application.
Without this payment, the application will not be approved.
Estonian Commercial Code specifies that all companies that do not have a resident of the Republic of Estonia to sit on the Board of Directors must designate a contact person.
The contact person can only be represented by:
- A Notary Office,
- A Law Office,
- A Certified Audit Office or
A contact person is responsible for accepting procedural and other documents from the administrative authorities of the Republic of Estonia, as well as for sending these documents to the addressee. The main function of a contact person is intermediary, aimed at providing a continuous channel of communication between government bodies and the Company’s Management. Upon receipt of procedural documents or other official statements by the contact person, the relevant procedural documentation is deemed to have been delivered to the Board of the company.
A digital signature or a notarized agreement is required for the appointment of a contact person.
The registrar sets a deadline for an appointment of a contact person, which must be at least one month, but not more than three months. If a contact person has not been designated thus far, the registrar may decide to forcibly dissolve a company or remove a branch of a foreign company from the register.
Trek Law offers service provider of a contact person and a legal address in Tallinn.
Sworn Translation / Apostilisation of Documents of an Estonian Company
The notarized translation of documents (legalization) of a company includes a number of specific formal procedures for making a document valid in another country. The fundamental rule of legalization is that it shall only be performed by a sworn translator in an issuing or executing country.
The legalization of documents issued in one country is aimed at making them valid and appropriate for state bodies of another country.
Most European countries do not need an Apostille and only require sworn translations of corporate documents.
Main Formations:
- Company by e-residency
- Company by power of attorney
- Company by visit
- Shelf company
Company Formation with e-Resident Card
The e-Residency card allows you to register a company in Estonia remotely (without visiting Estonia). To set up a company in Estonia, you need to have the e-Resident card, legal address and contact person in Estonia. Bottom of Form
Find More about the e-residence of Estonia
Company Registration by Visit
Company formation by personal visit of the founder/s is the fastest way to establish a company in Estonia. In order to register a company in the shortest possible time and limit your stay in Estonia to one day, we will need to get all the necessary information about the company to be established and the founders in advance.
Before visiting Estonia in person, please send us the following information:
- Planned date of visit
- Desired company name
- Type of activity of the company
- Data of the Owners/Beneficiaries of the company (passport photo, email, telephone, residence address, marital status)
- Data of the Directors of the company (passport photo, email, phone number, residence address, marital status)
STAGES OF ESTABLISHING A COMPANY BY VISIT
- Obtaining information from the client
- Appointment of the date and time of the visit to the notary
- Preparation of the necessary documentation
- Client’s visit to the office of at the appointed date and time
- Joint visit to a notary to sign a prepared petition
Before booking an appointment with a notary, will prepare the documents for establishing a company in Estonia. Therefore, it is so essential to send us in advance information about the desired company, its beneficiaries, and describe the alleged activity at least 5 days before your planned visit to Estonia.
In order to establish a company in Estonia, it will be necessary to visit Estonia for one day, as well as a legal address and a contact person.
After receiving the necessary information, we will book an appointment with a notary and draw up a petition to establish a company. On the appointed day of your arrival, we will meet at the office of at Sepise 1, Tallinn, 11415, Estonia.
Assistance in setting up a company is 235 EUR. The state fee for the establishment of a company and notary services will be 365 EUR. The cost of a legal address for one year is 200 EUR, and the cost for the services of a contact person is 200 EUR.
Before visiting Estonia in person, please send the following information:
- Planned date of visit
- Desired company name
- Type of activity of the company
- Data of the Owners/Beneficiaries of the company (passport photo, email, telephone, residence address, marital status)
- Data of the Directors of the company (passport photo, email, phone number, residence address, marital status)
Appointment of the date and time of the visit to the notary after receiving the necessary information, we will book an appointment with a notary and draw up a petition to establish a company.
Preparation of the necessary documentation in order to establish a company in Estonia, it will be necessary to visit Estonia for one day, as well as a legal address and a Our team takes care of this for you.
Client’s visit at our office On the appointed day of your arrival, we will meet at the office of at Sepise 1, Tallinn, 11415, Estonia.
Joint visit to a notary to sign a prepared petition
FREQUENTLY ASKED QUESTIONS
No, our lawyers will need at least 5 days to prepare all the necessary documentation for the establishment of your company, therefore it is so important to send information about the desired company and the details of its beneficiaries to the email address in advance, and describe the proposed activity at least 5 days before your planned visit to Estonia. After providing the necessary information, we can agree on the exact day and time of your visit.
In order to register a company in the shortest possible time and limit your stay in Estonia to one day, we will need to get all the necessary information about the company to be established and the founders in advance. After that we will be able to set the date and time of our joint visit to the notary. As soon as the notarial time is appointed, the lawyers will start drawing up the necessary documentation.
On the appointed day and time, you will visit our office in Tallinn, after which we will go together to the notary to sign a prepared petition.
Before visiting Estonia in person, please send the following information:
- Planned date of visit
- Desired company name
- Type of activity of the company
- Data of the Owners/Beneficiaries of the company (passport photo, email, telephone, residence address, marital status)
- Data of Directors of the company (passport photo, email, telephone, residence address, marital status)
In order to establish a company in Estonia in one day, the company must have a legal address and a contact person. We offer our clients to register the legal address of the company in the prestigious business center of Tallinn, and we are also a licensed provider of contact person services.
No, but our law firm will take care of it. The package price includes registration of a legal address and a contact person in Estonia.
Company Formation by Power of Attorney
To open a company in Estonia by power of attorney, you must comply with all the terms of cooperation and pay for the services of before starting the process. After payment for the services it will be necessary to send photos of passports of all company founders and information about the company to be established (desired name, type of activity, means of communication, and information about founder/s). As soon as the requested information is provided, our lawyer will send you examples of powers of attorney in English, which will need to be certified by a notary in your country.
SEQUENCE
- Will send an example of power of attorney in English based on the documents and information received from the client.
- Based on the legislation of your country, it is necessary to prepare a sworn translation of the power of attorney into the state language.
- After sworn translations of all powers of attorney into the state language, it will be necessary to certify all powers of attorney at a notary and apostille them (if necessary).
- After the powers of attorney have been drawn up, they will need to be translated into English by a sworn translator.
- After certification and translation of all powers of attorney, they will need to be sent by courier.
POSSIBLE OPTIONS FOR CERTIFICATION OF PREPARED POWERS OF ATTORNEY
- In English (a local notary certifies the examples of powers of attorney we have prepared).
- The prepared examples of powers of attorney will need to be translated into the state language of your country, and then certified by a notary.
Some countries such as Norway, Sweden, Netherlands, Belgium, France, and Germany accept documents in English.
Translation of powers of attorney into the state language is required in countries such as Finland, Latvia, Lithuania, Poland, Ukraine, Greece, Russia and so on.
APOSTILLE
In the process of certification of documents, it is important to take into account the format in which a power of attorney is issued and whether it needs to be additionally apostilled in your country.
Certification of a document in accordance with the terms of the Hague Convention Abolishing the Requirement of Legalisation for Foreign Public Documents is called apostille. This is an international certificate, comparable to notarization in domestic law. If an agreement is applied between two countries, apostille is sufficient to confirm the validity of the document, which eliminates the need for double certification by a sending country and then by a receiving country.
List of countries that do not require apostille when certifying documents by a notary:
- Latvia
- Lithuania
- Poland
- Russia
- Ukraine
If the powers of attorney are certified in the state language of your country, they must be translated into English by a sworn translator. The originals should be sent by email only when the prepared powers of attorney are certified by a notary, (apostilled if necessary), officially translated into English by a sworn translator.
After receiving the powers of attorney, the process of establishing a company takes about two weeks (the received powers of attorney must be translated into Estonian, and the notary who will establish the company, must familiarize themselves with the documents).
FREQUENTLY ASKED QUESTIONS
After obtaining the powers of attorney, the process of establishing a company takes about two weeks. With an addition of 3-5 days for translation and notary review, after which the notary will appoint a time for the establishment of the company.
No, Estonian notary offices only accept certified originals of powers of attorney.
After drawing up the powers of attorney, they will need to be translated into English by a sworn translator.
Delivery of documents to Estonia by courier is paid by the client.
- Translation of powers of attorney into Estonian
- Representation of the founder in the Estonian notary office
- Legal address for one year
- Contact person for one year
- Notary services
- State fee for establishing a company.
After receiving information about the company being established and information about all members of the company, our lawyers will send you samples of powers of attorney in English, which will need to be certified by a notary in your country.
Yes. Estonian notary bureaus require that the power of attorney contain a line stating that when the power of attorney was certified by a notary in your country, your identity was verified and your signature was authenticated.
Company Formation by Power of Attorney in 5 Steps
Here’s the sequence.
1. Requested information
It is necessary to send photos of passports of all company founders and information about the company to be established (desired name, type of activity, means of communication, and information about founder/s).
As soon as the requested information is provided, our lawyer will send you examples of powers of attorney in English, which will need to be certified by a notary in your country.
2. Sworn translations
After that, we will prepare a sworn translation of the power of attorney into the state language.
3. Notary and apostille
Next step is to certify all powers of attorney at a notary and apostille them (if necessary). In the process of certification of documents, it is important to take into account the format in which a power of attorney is issued and whether it needs to be additionally apostilled in your country.
4. Final sworn translations
After the powers of attorney have been drawn up, they will need to be translated into English by a sworn translator.
5. Transferring the powers of attorney
After certification and translation of all powers of attorney, they will need to be sent by courier to Estonia. The process of establishing a company takes about two weeks.
Ready-Made/Shelf Companies in Estonia
Ready-made companies are inactive corporate organizations that have passed the state registration and have all the necessary details for the implementation of their activities. Purchasing of a ready-made/shelf company should be a balanced decision in order to protect you from unreasonable risks. offers ready-made companies for sale (see table below). It is important to mention that all listed Estonian shelf companies have submitted annual reports and have a transparent history.
Ready-Made/Shelf Companies in Estonia
Purchase of an Estonian shelf company can be an excellent solution to optimize your business in the European Single Market. highlights the following advantages of Estonian jurisdiction when purchasing a ready-made/shelf company:
- Favorable taxation: income tax – 0%
- Integration into EU jurisdiction and the European Economic Area (EEA)
- Online business management using an e-Resident card
- Low maintenance costs
- Simplified Commercial Code and accounting rules
- Lack of exchange controls
In order to buy a company as soon as possible and reduce your stay in Estonia to one day, we will need to have all the necessary information and prepare the documents in advance.
2. Before coming to Estonia to buy a Company, please send the following information:
- Intended date of your visit
- Owners/Beneficiaries of a Company
- Name of a Company Director
After receiving the necessary information, we will make an appointment with a notary and will prepare all necessary documents.
ADVANTAGES OF A READY-MADE COMPANY IN ESTONIA
Company with a history
A company with a history will add credibility to your business. The number of years that the company has been on the market can provide advantages in the business projects you carry out. Some government agencies and financial institutions insist that a firm be registered for a certain period of time before tenders are allowed. If the company’s turnover is an important criterion, then we are happy to offer turnkey solutions.
Reputation
In addition, it is easier for the owners of a re-registered ready-made/shelf company to attract investments since companies with a history and turnover seem to be a more reliable investment. The established reputation of an enterprise is certainly important when concluding deals, searching for new partners, and can also influence the decisions of potential investors or partners.
Trustworthiness
A ready-made/shelf company with a history in the business register will contribute to a more professional image and therefore appear worthy of the trust of service providers. A ready-made company will give the impression that it has existed for a long time, and, therefore, will give the client confidence that they can use your services.
When buying an existing company, the owner gets an instant business tool. The turnkey company is already registered and is now available for purchase by the new owner. A ready-made/shelf company already has a registration number and, therefore, on its behalf, you can start a business immediately.
Before purchasing a ready-made/shelf company, the potential buyer will be provided with all relevant documents confirming the history of the company and that the current company has no debts or financial obligations.
FREQUENTLY ASKED QUESTIONS
Yes, re-registration of a ready-made company by proxy adds 500 EUR to the cost of a ready-made company.
The cost of a shelf company includes a legal address for 1 year, a contact person for 1 year, notary services, and state fees.
Yes, when purchasing a ready-made company, you can choose a new name.
No, shelf companies have no debts or financial obligations.
The answer to this question is a simple No.
No, the shelf companies on sale do not have a VAT number.
Yes, a ready-made company has a registration number and, therefore, on its behalf you can start doing business immediately.
Not really, as the process of obtaining a loan or opening an account with an Estonian bank will take its due time. The time spent on re-registering a ready-made business will not differ from the time of setting up a company from scratch.
Yes. Preparing documents in advance may be one of the finest solutions to limit your stay in Estonia to one day.
The number of years that the company has been registered in the Business Register can provide advantages in the business projects you carry out. If the company’s turnover is an important criterion, we are glad to offer you ready-made business solutions however, the charges would differ from usual criterion.
To purchase a shelf company from the list, kindly send us a request in advance to info@treklaw.pk
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