Constitute , form or create a company in Estonia

To Incorporate a company in Estonia there are two main types of companies:

  • SA - Aktsiaselts (AS )
  • LLCs - Osaühing (OU)

The minimum share capital of AS is EEK 400,000 euros equivalent would be: ( € 25,500 )


Features:
  • At least half of the members of the Board of Directors must be resident in Estonia
  • The accounts must be audited..
  • A local BUSINESS Matters to be taken

The minimum share capital to form a limited company is EEK 40,000 Euros in its equivalent would be: ( € 2,550 ).


Characteristics of a Limited Liability Company
  • Auditors are required compulsorily always when the capital exceeds 400,000 kroner ( € 25,500 ).
  • At least half of the members of the Board of Directors must be resident in Estonia
  • It is important to have a local business

Corporate legal structures in Estonia:
  • General Company (TU ) - No minimum capital requirements or financial information , all partners are responsible separately
  • Limited Partnership (UU ) - similar to UT , but makes no distinction between the general and limited partners.
  • Independent Business ( FIE ) - no capital requirements or obligations
  • Financial reporting .