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Incorporate In Estonia

Price: 3,900.00 $

Introduction:

Set up an Estonian Limited Company Estonia is, perhaps, the most technologically advanced country in the world when it comes to government. During the last years the legislative body, voting, education, justice, healthcare, banking, taxes, and policing areas have been digitized in a single platform under the E-Estonia Project. In addition, Estonia is the first country in the world to introduce the E-Residency concept, which is a transnational digital identity card for non-Estonian citizens issued and backed by the Estonian Government. Estonia has become a technology hub during the last decade where dozens of successful startups have taken off. Tech entrepreneurs are usually attracted by its simple and relatively reasonable tax environment – no tax on retained profits and a 20% tax on distributed profits. Also, its ease of corporate compliance as all mandatory filings can be done electronically via its e-Residency card. This card is a transnational digital identity card for non-Estonian citizens issued and backed by the Estonian Government. For blockchain companies, Estonia provides the most affordable and easiest licensing process for Cryptocurrency exchanges and Cryptocurrency Wallet Service Providers. At the time of writing, more than 800 ‘crypto’ licenses have been already issued.

Obtaining a ‘crypto’ license costs a few thousand dollars and there are no additional capitalization requirements other than the EUR 5,000 standard incorporation cost for all private limited companies.

Estonian companies may also be considered by certain e-commerce and internet entrepreneurs as it offers a low-cost set up and has access to the broad range of payment processing options in the European Economic Area.

Private Limited Company Formation (Osaühing, OÜ) and First-Year Fees – USD 3,900.00 (All Included)

Note that our incorporation and annual corporate service fees are “all-included fees”, and cover all the required services to incorporate an Estonian private limited company, and keep it in good standing, as well as government fees and duties, disbursements such as notarial and courier fees.

Preparing Limited Power of Attorney to incorporate the company on behalf of the Client
All Applicable Government and Registration Fees (Commercial Register, RIK)
All Applicable Notarial Fees
Preparing and providing the Statues of the Company (Articles of Association) in both Estonian and English languages
Submitting Company Registration and Statues to the RIK
Providing Extract from the RIK Certificate of Incorporation issued by the RIK
Providing Company Registry card with Register of Directors and Shareholders’
Providing Estonian Registered Office Services, including business address, for one year
Providing an Estonian resident to act as Company Representative in Estonia (Contact Person) for one year
Registering the company with the Estonian Tax and Customs Board for Corporate Tax and Value-added Tax
Preparing Certified Copies of the Corporate Documents
Delivering Certified Copies of the Corporate Documents via Courier, inclusive of Courier Fees

Time to Form the Company The process can be done either in-person or remotely via Power of Attorney or via e-Residency (if the shareholders have an e-residency card). It takes around 2-3 business days to get the company approved from the date we receive the Power of Attorney.