How to set up a company in Estonia?
No one needs convincing that company in Estonia is the best solution for entrepreneurs who are running their business in the international market. No matter which of the above you choose, setting up a business in Estonia with us will allow you to avoid the cost of travelling the Tallinn. Key factors when choosing right path are length of the registration and new estonian company structure.
It is the best solution for people who care about time or plan a more complicated shareholder structure. Granting us a notary power of attorney allows our law firm to perform for the client all the activities needed to register the company in Estonia. This process takes a maximum of two weeks. You do not have to come to our offices. The power of attorney can be certified with any notary, based on the template prepared by us. The most important thing is that it should be sent to us as soon as possible in the original.
Company in Estonia with corporate shareholders
Registering company in Estonia using power of attorney is the only way, except personal visit in Estonia, which allows to set up the company in Estonia called OÜ with corporate shareholders. In the case of the company in Estonia with corporate shareholders, the power of attorney has to be issued by the management board according to bylaws of representation. It will be also necessary to submit corporate documents to Estonian Commercial Register.
Documents required from the clients to set up a company in Estonia
We will prepare draft of power attorney and order card based on information provided by clients. In order card, clients have to describe shareholder structure, meaning, who is in the management board and who owns how many shares. As a law firm we help in choosing the name of the new company in Estonia so that it won’t be rejected by Estonian Commercial Register, e.g. due to overlap with an existing trademark. A specialist dedicated to your company in Estonia will ensure that all of the documents are correct and complete. He also coordinates the whole process.
Company in Estonia registration by e-Residency
This is good solution for people who want to set up a company in Estonia but are not in a hurry. The average time to register a company in Estonia in this way is usually 30 to 40 days. All this is related to the process of applying for an e-resident card. E-residency card must be picked up in person at the Estonian Embassy. Unfortunately, this is quite a difficulty for people who live far from the place where the nearest Estonian diplomatic mission is located. If you decide to start a business using your e-Residency card, please remember that you will need register address and Contact Person.
To sum up, choosing the best way to start a company in Estonia, the most important factors are: the time and structure of the company. If you have a contract and you need to register company in Estonia as soon as possible – choose a power of attorney. If your company in Estonia can start in 2-3 months you can do that using e-residency card. We would like to stress the way the company was created, does not matter in running business.