how to set up a company in estonia
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http://www.bridgewest.eu/company-formation-estonia provides a wide range of legal services in Estonia through our affiliated Estonian lawyers and Law Firms in Tallinn and other major cities in Estonia. The clients who are looking to incorporate a company in Estonia will be assisted by a team of Estonian experts. You can find all necessary information at www.bridgewest.eu/company-formation-estoniaTRANSCRIPT
How to open a company in Estonia
A
presentation brought to you by Bridgewest.eu
Types of Companies in Estonia
• Public Limited Liability Company
• Private Limited Liability Company • General Partnership
• Limited Partnership
• Sole Proprietorship
Public Limited Liability Company
• This type of company can be set up by one person or legal entity.
• The minimum share capital must be 25.500 EUR
• The company can have just one shareholder, a managing board plus a supervisory board
• The shares may be offered to the public
• The shareholders are liable to the amount invested in the company
Private Limited Liability Company
• This type of company can be set up by one person
• The minimum share capital is 2.550 EUR, with a minimal value of 155 EUR per share
• The shareholders are liable for the company's debts and obligations to the extent of their contribution to the share capital.
• This type of company cannot sell its shares to the public
General Partnership
• This type of company can be established by at least two persons
• There is no need to provide a minimum share capital
• The shareholders are liable for company's debts and obligations
• The profit is divided between shareholders according to their shares
Limited Partnership
• The company can be established by two or more persons or legal entities
• There is no need for minimum share capital to open this type of company
• This company has at least one general member who is in charge to conduct the company, and at least one limited liable partner
• The profit in this company is divided between shareholders with each one's contributions
Sole Proprietorship
• This company is formed by one person
• The owner is fully responsible to the company management
• This company does not require a minimum share capital
Steps for company formation in Estonia
• Providing the company’s denomination• Providing a set of identification
documents • setting-up a the bank account for the
share capital• submitting the registration documents
with the Commercial Register • Receiving the registration certificate
Necessary documentation and information
• providing utility bills as proof of address
• providing passport copies of the shareholders and board members
• setting-up a bank account for the injection of the share capital
• submitting the company registration file with the Commercial Register
Requirements for Company Formation in Estonia
• Any person of any nationality or residence can be a shareholder in a Estonian company
• The Board of Directors can be comprised of one member
• The company must hold a local registered office
Services Provided for Company Registration in Estonia
• drafting the Articles of Association
• offering a Registered Office in Estonia
• setting up a share capital bank account
• recommending an Estonian accountant
Thank you for your attention
Please contact us for more information at
www.bridgewest.eu/company-formation-estonia
Ph./Fax: (+44)203-287 0408