info@wallemax.com
Start a company
Get in touch with us to learn more about our company services. We want to help you move your business in Estonia forward.
What we can do?
- Virtual office
- Legal support
- Fintech solutions
- Accounting services
- Company development
Doing business in Estonia
Located in the north-east of the continent, Estonia is a great place to start a company for several reasons: the business culture is open and entrepreneurial, the tax system is favourable, and there are many funding opportunities available. The country is also one of the most digital ones in the world. Although a very small nation, due to its extremely well-developed digital infrastructure and strategic position between Scandinavia and the Baltic countries, it can be the right business destination for you.
With its growing economy and thriving startup scene, Estonia is definitely a country worth doing business in.
Welcome to E-stonia!
Estonia offers a number of advantages for businesses looking to start up or expand. The country has a pro-business environment, a simple tax system and a well-developed infrastructure. In addition, it is an attractive destination for digital nomads and other entrepreneurs looking for an easy place to do business from anywhere in the world.
To set up a company in Estonia, you'll need to complete the following steps:
- Choose a business name and register it with the Commercial RegisterYou can do all of this online, and the process is relatively straightforward. The Estonian government has made it easy to start a company, and there are many support structures available to help businesses get started.
- Register your company with the Tax and Customs Board
- Open a bank accountThe main thing to remember when starting a company in Estonia is that you need to be registered as a resident of the country. This means that you'll need to obtain a residency permit if you don't already have one. More information on residency permits and visas can be found below.
Residency and visas in Estonia
If you want to do business in Estonia, you'll need to be registered as a resident of the country. This means that you'll need to obtain a residency permit if you don't already have one. The process for obtaining a residency permit is relatively straightforward.
In addition, if you're not a citizen of an EU member state, you'll need to obtain a visa to stay in Estonia for longer than 90 days. More information on visas can be found on the website of the Estonian Ministry of Foreign Affairs.
An alternative for digital nomads and all sorts of other entrepreneurs is to become a so-called E-resident in Estonia.
In addition, if you're not a citizen of an EU member state, you'll need to obtain a visa to stay in Estonia for longer than 90 days. More information on visas can be found on the website of the Estonian Ministry of Foreign Affairs.
An alternative for digital nomads and all sorts of other entrepreneurs is to become a so-called E-resident in Estonia.
E-resident in Estonia
An e-resident is a foreigner who has been granted an e-resident identity card by the Republic of Estonia.
This allows them to conduct business in Estonia without having to be physically present in the country.
The main benefit of being an e-resident is that you can establish and manage a company in Estonia entirely online. This makes it easy to do business from anywhere in the world. In addition, e-residents are able to access a range of other benefits, such as banking and accounting services, and can travel within the EU without a visa.
To apply for e-residency, you'll need to complete an application form, pay 100 euros and provide a few documents, such as your passport and proof of address. The process is relatively simple, and more information can be found on this website.
The main benefit of being an e-resident is that you can establish and manage a company in Estonia entirely online. This makes it easy to do business from anywhere in the world. In addition, e-residents are able to access a range of other benefits, such as banking and accounting services, and can travel within the EU without a visa.
To apply for e-residency, you'll need to complete an application form, pay 100 euros and provide a few documents, such as your passport and proof of address. The process is relatively simple, and more information can be found on this website.
Banking, Tax & Accounting
If you want to do business in Estonia, you'll need to open a business bank account.
Bank account in Estonia
This can be done easily and online, and a range of different banks are available.
One of the advantages of doing business in Estonia is that the banking system is relatively straightforward. All businesses must keep track of their financial transactions and submit regular financial reports. In addition, there are no restrictions on who can open a bank account in Estonia.
When opening a bank account in Estonia, you'll need to provide some basic information about your company, such as its name and address. You'll also need to provide your personal details, including your passport number.
Many banks in Estonia offer online banking services, which allow you to manage your account from anywhere in the world. This makes it easy to keep track of your business finances and make payments online.
When opening a bank account in Estonia, you'll need to provide some basic information about your company, such as its name and address. You'll also need to provide your personal details, including your passport number.
Many banks in Estonia offer online banking services, which allow you to manage your account from anywhere in the world. This makes it easy to keep track of your business finances and make payments online.
Estonia Tax & Accounting
Сorporate tax rate is 20%
Estonia has a favourable tax system for businesses. The corporate tax rate is 20%, which is relatively low compared to other European countries. Corporate income tax is levied when profit is distributed, not when it is earned. In addition, there are no withholding taxes on dividends or interest payments, and no capital gains tax. Corporate income tax is not charged on dividends, which are passed on after being received from a company domiciled in an EEA Member State or Switzerland, if at least 10% of the shares or votes in that company is held by the Estonian company. Businesses can also benefit from various tax deductions and exemptions.
Another feature of Estonia is the relatively low personal income tax residents pay. In Estonia, personal income tax is levied at a rate of just 20%. This applies to all income earned in Estonia, regardless of where it is sourced.
Contacts
WALLEMAX OU
Reg.Nr. 16935129
Vabaduse pst 174b,
Tallinn 10917, Estonia ????????
Tel.: +372 5451 1222
e-mail: info@wallemax.com
Reg.Nr. 16935129
Vabaduse pst 174b,
Tallinn 10917, Estonia ????????
Tel.: +372 5451 1222
e-mail: info@wallemax.com
