{"id":5721,"date":"2020-03-01T10:00:35","date_gmt":"2020-03-01T10:00:35","guid":{"rendered":"http:\/\/virtualofficeinestonia.com\/?p=5721"},"modified":"2026-02-21T12:13:35","modified_gmt":"2026-02-21T10:13:35","slug":"an-easier-and-cheaper-way-to-sell-a-part-of-a-private-company","status":"publish","type":"post","link":"https:\/\/virtualofficeinestonia.com\/et\/an-easier-and-cheaper-way-to-sell-a-part-of-a-private-company\/","title":{"rendered":"An easier and cheaper way to sell a part of a private company?"},"content":{"rendered":"
\n

Selling the shares of a private limited company (O\u00dc) 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. <\/span><\/strong><\/h4>\n<\/blockquote>\n

But did you know there\u2019s a faster, more cost-effective way to handle this process? Enter the Estonian Central Register of Securities (ECRS)<\/strong>\u2014an alternative that\u2019s simple, affordable, and perfect for e-residents<\/a> looking to streamline business transactions.<\/p>\n

What is ECRS?<\/strong><\/h4>\n

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!<\/p>\n

For e-residents<\/a>, this is an excellent way to leverage Estonia\u2019s advanced digital infrastructure to simplify share transactions without being physically present.<\/p>\n

How to Register Shares in ECRS?<\/strong><\/h4>\n
    \n
  1. Shareholder Resolution:<\/strong>
    \nA decision by the shareholders (or sole shareholder) must be made to register the company\u2019s shares in the ECRS.<\/li>\n
  2. Submit Documents:<\/strong>
    \nThe resolution, shareholder list, and application are submitted to the ECRS.<\/li>\n
  3. Open a Securities Account:<\/strong>
    \nEach shareholder must have a securities account. These accounts can be opened at any bank operating in Estonia. E-residents can often manage this process remotely.<\/li>\n<\/ol>\n

    Buying and Selling Shares Through ECRS<\/strong><\/h4>\n

    Once shares are registered:<\/p>\n