RU - opening from 500 euro
- income tax 20%
- VAT 20%
1. Prestigious European jurisdiction
2. Monthly reporting is not needed – taxable companies submit a report once a year;
3. There are no requirements for a mandatory audit — it is carried out only in relation to some companies (with a turnover starting from EUR 1.6 million, the number of employees from 24, assets from EUR 800 thousand, etc.);
4. There are no restrictions on the size of the authorized capital, and it can be formed within a year or even longer;
5. Convenience of establishing a business and interaction with government agencies — the e-Governance system operates in Estonia and most of the formalities are carried out using electronic means;
6. One director is enough for the company management, there are no residency requirements for members of the board (it is not necessary to be an Estonian citizen), etc.
Company price: from EUR 500
Price starting from the second year from EUR 100
VAT — 20%;
Company income tax — 0 %, (there is no concept of income tax in Estonian legislation, but there is a concept of taxation in the distribution of profits, which is applied only in case of payment of dividends, at a rate of 20 %.).
1. Company name check
2. Company registration, including state fees
3. Notary services
4. Company contact person
