Quick Answer: What business should I start in Estonia?

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.

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 start a business in Estonia?

How much does it cost? State fee for establishing a company is 190 euros (electronically) or 145 euros (through a notary). The state fee can later be recognized as a business expense.

What kind of business is in Estonia?

According to the Commercial Code, there are five forms of business entities in Estonia:

  • private limited company (OÜ)
  • public limited company (AS)
  • general partnership (TÜ)
  • limited partnership (UÜ)
  • commercial association (ühistu)

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.
IT\\\'S FUN:  Can I bring my sister to Finland?

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.

How do I start a business in Estonia?

How to get started

  1. Become an e-resident. Apply online, pay state fee, and choose a pickup location for your digital ID. …
  2. Choose service provider. Obtain an Estonian contact person and legal address from our Marketplace. …
  3. Register company in Estonia. Register company structure online at e-Business Registry.

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 do I get residency in Estonia?

To apply for the long-term residence permit, you must also:

  1. hold a valid temporary residence permit;
  2. have your place of residence registered in the population register of Estonia;
  3. have permanent legal income for living in Estonia;
  4. be covered by the Estonian health insurance scheme;

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.
Visit to the Baltics