Field of activity?
Before you start, it is also good to think about what your business will be.
The EMTAK code (Classification of Economic Activities in Estonia) is the basis for the use of the economic indicators of your private company in national and European Union statistics.
We recommend that you select the business that you are likely to have the most sales in the first year of operation of the private limited company. It is not prohibited to operate in more than one activity unless it is subject to authorization or notification. The EMTAK code you select when you start a private company cannot be changed later. However, once the annual report has been submitted, the company will become the public EMTAK code with the highest sales turnover.