ESTONIA

Why Start Your Business in ESTONIA with Peak Formations?

Estonia offers unmatched opportunities for entrepreneurs with its e-Residency program, 0% corporate tax on reinvested profits, and seamless digital services. As an EU member, it provides full access to European markets. We handle everything from company registration to tax compliance, so you can focus on growing your business. Embrace Estonia’s innovation-friendly ecosystem today!

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e-Residency Program

Estonia offers a unique e-Residency program, allowing non-residents to establish and manage an Estonian company online without residing in Estonia.

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Tax Benefits

Estonia offers a 0% corporate income tax on reinvested profits, meaning businesses only pay taxes on distributed profits.

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Ease of Doing Business

Estonia consistently ranks high in global ease-of-doing-business indices due to its digital government services and efficient bureaucracy.

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Access to EU Markets:

As an EU member, companies registered in Estonia enjoy full access to the EU’s single market.

Key Steps to Forming a Company in Estonia with us

1

Obtain e-Residency (Optional but Recommended)

Estonia offers a unique e-Residency program, allowing non-residents to establish and manage an Estonian company online without residing in Estonia.

2

Choose a Business Structure

- The most common and recommended structure for foreign entrepreneurs is the Private Limited Company (OÜ).
- Requirements for OÜ: Minimum share capital: €2,500 (but can be deferred for small businesses). At least one shareholder and one board member (can be the same person). No residency requirements for shareholders or board members.

3

Register the Company - Estonian Business Register

- Business name (must be unique).
- Articles of Association
- Details of shareholders, board members, and contact person.
- Registered address in Estonia (required by law).

4

Contact Person

– we provide services with local contact person.

5

Bank Account

– We offer services and assistance for opening a bank account.

6

Register for Taxes - Estonia uses a simple and transparent tax system

- Obtain a VAT number (if your annual turnover exceeds €40,000 or if you engage in VAT-taxable activities in the EU).
- File regular tax reports (monthly VAT declarations, annual reports).

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Company Requirements

- Annual Reports: Must be submitted to the Business Register every year.
- Tax Compliance: Ensure VAT and corporate tax filings are done on time.
- Registered Address: Maintain a local address for legal correspondence.

Benefits of Forming a Company in Estonia

Digital Management: You can manage your business entirely online, including signing documents digitally.
Low Bureaucracy: Minimal red tape compared to other countries.
Access to Digital Services: Use government-provided tools for accounting, tax filing, and more.
Innovation Ecosystem: Estonia is home to a thriving tech and startup scene.