Estonia OÜ Company Incorporation
The Private Limited Company (OÜ) is the most common form of company formation in Estonia and the easiest solution for the projects with a small number of owners and employees. This form of a trading company is attractive because of its low requirement of share capital and a relatively easy management system. A private limited company can be founded by one or several people, or by a company.
An Estonian company name can be in any language but it must be unique, a registered name can be changed upon request and certain names are prohibited by Estonian Company Law.
A new Estonian OU incorporation takes about 3 weeks, however ready made companies are available to trade immediately.
Only one director of any nationality is required to incorporate your OÜ company. Although it is required that the company has a resident person/point of contact within Estonia. If required we can assist with a point of contact.
Only one shareholder of any nationality is required to incorporate an OÜ in Estonia. Corporate Shareholders are permitted in Estonia, but we would not recommend them if you are considering obtaining a cryptocurrency license.
The management board directs the companies activities. It can be made up of one or several members who do not have to be shareholders. At least one half of the management board must be resident in Estonia, any other EEA member country or Switzerland.
Share Capital for a private limited company should be €2500 and if the share capital exceeds €25,000 the company must have an auditor.
All Estonian businesses need a registered office in Estonia, where the authorities can send official letters and claims, as well as where control of the tax forms is executed. All financial and fiscal documents, registers, company papers etc. must be kept at the registered office of the business. We can provide a registered office for our clients.
It is typically recommended that you visit Estonia to incorporate a new company, as you need to present before the notary in order to sign the notarial deeds and documents.
It is possible to be represented by a power of attorney certified with an Apostille from a foreign notary, we can represent you as founder and/or shareholder before the notary at your request
Estonia OÜ Company Formation Fees
|Estonia OÜ Company – 1 to 3 weeks ||£1100|
|Company Administration & Registered Office (required)||£1200|
|Bank Account Assistance||£640|
|Company Secretary (if required)||£400|
|Annual Renewal Fees|
|Maintenance of Director Register||£175|
Your company will be incorporated using your chosen name and we will ensure that the procedure is as simple as possible.
The whole incorporation process can be completed online and we will administer the preparation and filing of all registration forms on your behalf.
We are happy to answer any questions you may have without any obligation.