Selling the shares of a private limited company (OÜ) in Estonia has traditionally involved a visit to a notary, drafting a sales contract, and paying a notary fee, which can vary based on the transaction value.

But did you know there’s a faster, more cost-effective way to handle this process? Enter the Estonian Central Register of Securities (ECRS)—an alternative that’s simple, affordable, and perfect for e-residents looking to streamline business transactions.

What is ECRS?

The ECRS is a system where company shares can be registered digitally, much like the shares of a public limited company. Once registered, transferring ownership becomes as easy as issuing securities buy/sell orders through your bank. No notary, no fuss!