Estonia

Estonia has developed into eCommerce country. It’s also home of many cryptocurrency companies these days.  If your business is related to any of online business even if not in Estonia, then this country is the right choice.

The process of forming a company is straightforward and simple and in many cases, we can even open even a bank account remotely.

Estonia has become a first country to issue e-residency so that any non-Estonian can run the Estonian company from anywhere in the world. It’s a great benefit since you can, for example, use the online signature to sign any contract within the EU.

The best about Estonia is that you are not paying corporate income tax on retained and reinvested profits.

Corporate tax VAT
20% 20%

Limited liability company

OÜ private limited company

Minimum Share capital

min 2500 EUR

Registered office required

Yes

Physical office required

No

Min. number of Shareholders

1

Min. number of Directors

1

Local Director required

No

Other requirements

if you are non-Estonian company, your company is required to appoint a local contact person

Bank signatory must travel

In most cases no

Timescale for company formation

3 days

Timescale for bank account opening

7 days

Timescale for obtaining VAT number

7 days

Statutory audit requirements

No

Shelf companies available

No

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