Frequent question: How much does it cost to open a business in Estonia?

State fee for establishing a company is 190 euros (electronically) or 145 euros (through a notary).

How much does it cost to start a business in Estonia?

Register company in Estonia

Pay state fee for company registration. Cost: €190. If you choose to distribute dividends, you will also pay to register your minimum share capital. For a private limited company, the minimum is €2,500 and you can defer payment.

Is Estonia a good place to start a business?

For small business owners that offer digital products, software, or services, Estonia is the perfect place to establish a business. The innovative Estonian tax system, applying taxation only when there’s distribution of benefits, it’s a competitive advantage. For startups, it is also a great solution.

How much does it cost to incorporate in Estonia?

Fees and timelines

Incorporation costs in Year 1 amount to €3,250 and annual company costs in Year 2 and thereafter amount to €1,700. The average total fee per Estonia engagement amounts to €10,400, which includes company incorporation and opening a local corporate bank account and all government fees.

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What is the best business to start in Estonia?

Top 10 Small Business Investment Opportunities in Estonia

  • e-Commerce related Business.
  • Taxi Business.
  • Fast Food Restaurant.
  • Beauty Salon and Spa.
  • Web and Graphics Design Company.
  • Furniture Making and Sale.
  • Telecommunication Merchant.
  • Engineering Fabrication and Construction Company.

How do I start a business in Estonia?

Establishing a private limited company is as easy as ABC:

To check the availability, use the free tool on the website of the e-Business Register. If you do not have an Estonian address, contact a business service provider to obtain a legal address. Register the company online at the company registration portal.

How can I start food business in Estonia?

How to register a restaurant in Estonia

  1. – prepare the documents for incorporation as requested by the Trade Register in Estonia;
  2. – file these documents with the Trade Register and obtain the Certificate of Registration;
  3. – register for taxation, VAT, social security and employment purposes with the right authorities;

How much is tax in Estonia?

The value added tax/sales tax rate in Estonia is 20%. Most goods and services are taxed at 20%. VAT is always included within the price, so when you´re shopping, you won´t be hit with surprise taxes at checkout! There’s also a reduced VAT rate of 9%.

How much does Estonia E-residency cost?

How much does the e-residency cost? The current application fee is €100, plus €1.99 to cover the payment processing. Since the card is valid for 5 years, that works out to about €20 per year.

Can I travel to Estonia with e-residency?

Can I travel to the EU with e-Residency? No. Your status as an e-resident does not grant permission to travel to Estonia or within the EU without a visa, should one be needed. Your e-Residency digital ID card can not be used for travel and does not display a photo for physical identification.

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How do I get a temporary residence in Estonia?

You’ll need the following when applying for a temporary residence permit for work:

  1. An application form.
  2. An annex – Data Concerning Close Relatives and Family Members.
  3. An identification document.
  4. A 40×50 mm photo.
  5. A document certifying the payment of the state fee.

How can I invest in Estonia?

It is very easy to invest in Estonia, as either an institutional or retail investor.

  1. Open an account with a broker registered on TALSE. It is extremely easy. …
  2. Fund the account. You can wire money from your foreign account and you do not require a local bank account.

Which countries offer e residency?

Estonia is the first country to offer e-Residency, a government-issued digital identity and status that provides access to Estonia’s e-services and transparent business environment. Over the last 25 years, Estonia has made 99% of its government services available online, accessible through a secure digital ID system.

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