Step by Step Guide to Incorporating in Estonia

Company Type	Time to Incorporate	Cost
OÜ	3 weeks	£1280

We are a specialist in Estonian company incorporations, we can incorporate your private limited company (OÜ) company for £1280. The company formation procedure normally takes 3 weeks and we have a stock of ready made companies.

Timescale to incorporate an Estonia OÜ

It takes 3 weeks to incorporate your company and you do not have to visit Estonia.

Documents and information required for an Estonia OÜ company incorporation

To incorporate your OÜ company in Estonia we require the following

• Details of the shareholders (see Estonia Company Incorporation for further details)
• Your desired business name
• The Estonian company address, we can provide you with a registered office if necessary
• The amount of share capital you wish to invest; the minimum is 40,000 EEK - €2500
• The personal details of the management board members - names, addresses, and personal ID codes, those without ID codes can provide a date of birth
• Communication details for the company, this can be an email and phone number

Ready made company - OÜ

We have a stock of ready made companies in good standing and they can be transferred the same day at the notary's office.

Management Board

The management board is the directing body of the company which represents and directs the companies activities. It can be made up of one or several members and members do not have to be shareholders. At least one half of the management board of the company must be resident in Estonia, any other EEA member country or Switzerland.

Directors

Director nationality

A director can be of any nationality. However, at least one half of the management board must be in Estonia, any other EEA member country or Switzerland.

Director confidentiality

The names of directors do not appear in public records

Minimum number of directors

Only one director is required, however, At least a half of the members of the Board of Management must be permanent residents of the Republic of Estonia.

Corporate directors

Yes corporate directors are allowed

Nominee directors

Nominee directors are allowed. Formacompany can provide a nominee director

Resident director

The residence of at least one half of the members of the management board must be in Estonia or any other EEA member country or Switzerland

Company secretary

There is no requirement for a company secretary

Shareholders

Shareholders nationality

Shareholders can be any nationality

Minimum number of shareholders

Only one shareholder is required

Corporate shareholders

A shareholder can be a Corporation

Nominee shareholders

Nominee shareholders are allowed. Formacompany can provide a nominee shareholder

Resident shareholders

It is not a requirement to appoint a local resident shareholder

Shareholder confidentiality

The names of directors do not appear on public records

Capital & Financials

Share capital

Share capital for a private limited company must be at least 40,000 EEK. If the share capital exceeds 40,000 EEK then the company must have an auditor.

Maintaining company records in Estonia?

The company does not have to keep records in Estonia. If the company chooses to keep records they can be kept anywhere in the World.

Accounts or financial statements filing

There is no requirement to file accounts or financial statements