Virtual Office FAQ
During the term of the contract, the accountant has the obligation to provide the accounting service in accordance with the applicable legislation, which also implies the obligation to keep the accounting records. After the expiry of the contract, the contracting authority shall have the right to require the accounting officer to keep the documents or to return them, thereby transferring the obligation to retain the documents to the contracting authority. The Accountant is responsible for ensuring that the service is provided in accordance with applicable legislation and the instructions of the Accounting Board. The accounting officer shall undertake to guarantee the accuracy and correctness of the information supplied, except where the inaccuracy or inaccuracy of the information is due to the inaccuracy or inaccuracy of the documents transmitted by the contracting authority to the accounting officer. It needs to be raised 🙂 Estonian Commercial Code: § 176. Decrease in property If a private limited company has less than half of its share capital or less than the amount of share capital specified in § 136 of this Code or the other minimum amount of share capital provided by law, the shareholders shall decide: 1) reduction or increase of share capital, provided that the amount of net assets would thereby form at least half of the share capital and at least the amount of share capital specified in § 136 of this Code or other minimum amount of share capital provided by law, or taking other measures as a result of which the amount of the net assets of the private limited company would be at least half of the share capital and at least the amount of share capital specified in § 136 of this Code or other minimum amount of share capital provided by law; 2) the dissolution, merger, division or transformation of a private limited company, or 3) submission of a bankruptcy petition. The information you need to provide in the annual report depends on the size of the company. For example, small businesses are required to provide an activity report, balance sheet, income statement, and specifically required notes. A small company is a company with total assets of up to 4 million euros, annual sales of up to 8 million euros and an average number of employees of up to 50 people, one of which may be exceeded. A micro-enterprise is a private limited company with total assets of up to 175 thousand euros, liabilities not exceeding equity and annual sales revenue of up to 50 thousand euros. The micro-enterprise has one shareholder who is also a member of the management board. The micro-enterprise does not have to submit an activity report in the annual report and the number of annexes is also minimal. Submitting an annual report is mandatory for all the companies registered in Estonia, within 6 months from the end of the company’s financial year. Usually, the financial year is the same as the calendar year in which case the deadline is the last day of June.
In XML format. If your current bank service provider doesn’t let you save your bank statements if XML format you can easily convert it to XML format, an example of using If the volumes are larger, the price will change. We reserve the right to change our service prices if your monthly volume of transactions changes more than 25%. By logging in to the e-Business Register, the first page will show the companies that are related to you. There you can also give your digital signature for accountant confirmation for the company. The step by step manual is added to your order confirmation. 1. Go to Estonian Tax and Customs Board and log in there: 2. On the left side, there will be “Settings”, follow these steps: Access Permissions -> Access permissions of representatives> New Access permission. Add new user’s personal code-> search-> next. The following page opens, where you can add an expiration date if necessary. Comprehensive and bulky manual: https://www.emta.ee/eng/information-and-news-e-mta/instructions-using-e-services/access-permissions-and-authorisations-e-mta You will receive a notice via e-mail to sign in to our e-accounting environment, where you will have access to all the information about your business. Yes. The price will be based on the number of transactions. Please contact us for a special price. In Tallinn city center, Juhkentali 8, Tallinn 10132. Once the letter has been received, it will be scanned or resubmitted as agreed. It is included with your subscription order confirmation to be automatically downloaded. Please check your email. When establishing a company in the Estonian Commercial Register e-environment, the address must be added by the establisher or establishers. The address will appear on the company foundation decision, the articles of association as well as on the registry card. The software ensures that only real addresses can be added. When establishing with a notary, the address of your company must be notified to the notary. Instructions on how to add an address in the business register will be automatically sent with your order confirmation. If there are some letters per year we will scan or onward them for free and charge only posting costs. We don’t wrestle with small packages, right now. Establishing a company in the e-environment of the Estonian Commercial Business Register does not need to present address proofs. At the same time, the official may ask for proof of affiliation with the address. You can then show the document, the address proof certificate. We can help with official registration in the Estonian population registry if there is legal background for obtaining. In this case, the virtual office solution means an address service and contact person. Yes, you can. Actually, you need it before establishing a company in Estonia. Real address in Estonia and a contact person who resides in Estonia are mandatory for establishing a company if a board member or members are residing outside of Estonia. The information you need to provide in the annual report depends on the size of the company. For example, small businesses are required to provide an activity report, balance sheet, income statement, and specifically required notes. A small company is a company with total assets of up to 4 million euros, annual sales of up to 8 million euros and an average number of employees of up to 50 people, one of which may be exceeded. A micro-enterprise is a private limited company with total assets of up to 175 thousand euros, liabilities not exceeding equity and annual sales revenue of up to 50 thousand euros. The micro-enterprise has one shareholder who is also a member of the management board. The micro-enterprise does not have to submit an activity report in the annual report and the number of annexes is also minimal. Submitting an annual report is mandatory for all the companies registered in Estonia, within 6 months from the end of the company’s financial year. Usually, the financial year is the same as the calendar year in which case the deadline is the last day of June.
It has to be prepared in Estonian and in the currency officially applicable in Estonia (EUR). The court maintaining the register has the right to repeatedly and without warning to punish the undertaking and all persons required to submit the data for failure to submit the report on time. The fine is determined to the extent provided for in the Code of Civil Procedure. If the report has not been submitted within 18 months after the end of the financial year, the court which maintains the register shall delete the register of a legal person or decide on its dissolution or liquidation. By logging in to the e-Business Register, the first page will show the companies that are related to you. There you can also give your digital signature for accountant confirmation for the company. The step by step manual is added to your order confirmation. If you have an Estonian company then submitting an annual report is required for all companies registered in Estonia even if there is no activity during the financial year. This package of documents will allow you, for example, to apply for opening an account with a foreign bank for your Estonian company or carry out transactions on behalf of the Estonian company in other countries. An Apostle is a certificate that certifies the competence of the person who signs the document and makes a national public document of one country available to a foreign country that is a party to the relevant international convention (the list of the convicted states can be consulted on the convention website http://www.hcch.net/index_en.php? act = conventions.authorities & cid = 41). Only notaries draw up public documents for the Republic of Estonia. A notary cannot certify with an apostille a document that he has certified or authenticated. Of course, we also help with other documents: accounting documents, bills, contracts, etc. In this case, the price will be negotiated separately. No. An unofficial document is not certified by a Notary. In Estonia, the list of shareholders is maintained by board members and has no official meaning. The information provided in the registry card is of official significance for the shareholders. But we can translate it with the sworn translator. A sample will be included with your order, which you can fill out with your details and then send it back to us. From countries with which Estonia has a legal aid agreement, that is, there is no need for an apostille in the following countries: Latvia, Lithuania, Poland, Russia, Ukraine. No. Shipping costs will be additional and will vary depending on the mode of transport that will be chosen. No, this is not a background check related to obtaining an Estonian e-residency. e-Residency is a transnational digital identity available to anyone in the world interested in administering a location-independent business online. e-Residency enables to use secure and convenient digital services that facilitate credibility and trust online. Please be aware that e-Residency does not confer citizenship, tax residency, residence or right of entry to Estonia or to the European Union. It is not a visa or residence permit. The e-Resident digi-ID card is not a physical identification or a travel document, and does not display a photo. You’ll find laws and regulations concerning current application here: Identity Documents Act, State Fees Act. You’ll find the terms and conditions for use of certificates of personal identification documents of the Republic of Estonia here. Please be informed that the Police and Border Guard Board performs background checks on all applicants. So that the officials know that your address is real. When you start a business, you must enter at least an email address in your contact information. This must be confirmed. After we receive the order and get payment, the contact person is ready to sign in as the contact person for your company in the Estonian Commercial Registry. Usually, it will be done within 24 hours. The Estonian Business Law provides two bases for this. Either pay it during the establishment process or pay it later. So a company can be set up without an immediate share capital down payment. The shareholder shall pay for the share in full within one year, but at the latest share capital must be paid when dividends will be paid. No share capital paid, no dividends. Automatically standard, but you can make some differences yourself, but that makes usually no sense. To the registration department of a country court no later than within 6 months after the end of the financial year. The report can be submitted through the Company Registration Portal. If you do not submit the report in due time, the court maintaining the register may fine both the company and its management board members without advance warning. The company’s financial year is always the calendar year, starting on the 1st of January and ending on the 31st of December. Must be stated in the company’s business documents and on its website. The annual report must also state those data and additionally the company’s e-mail address and website address as well as other telecommunications data. Are presented in the annual report. Enclose up to 10 largest activities by sales revenue as annexes to the report. Activity cannot be freely described but instead must be indicated as the relevant wording in the Estonian Classification of Economic Activities, level 4. Insignificant activities are not required to be stated. The management report provides a more detailed description of the reporting year’s activities and the changes planned for the coming year. Please keep in mind that stating an activity in the Commercial Register does not automatically grant you the right to engage in it if a special law prescribes any additional requirements (for example the Trading Act requires that a place of sale be registered with the local government, the Building Act requires that a building contractor be registered, the Public Transport Act requires a public transport or taxi license, etc.). A petition for entry of change is filed with the county court maintaining the register. A petition for entry can be filed through Company Registration Portal or a notary. A state fee must be paid when filing a petition for entry (indicating the company’s registry code and the relevant reference code). Notice of changes to data outside entries must be sent through Company Registration Portal or by post. Data outside entries can be changed without a state fee. A state fee is also not required for submitting a resolution of shareholders or the supervisory board to extend the duration of powers of a management board member entered into the register. Documents (both on paper and digital) must be submitted as originals (incl. with original signatures) or as notarised copies. A notary may also prepare a digital copy of a document. Documents must be in Estonian or accompanied by a translation made by a sworn translator or certified by a notary. If failing to submit the required data, the company, as well as all its management board members can be fined repeatedly. Is looked up from the Population Register by the county court maintaining the register. But if a company’s management board member, liquidator or the chair of the supervisory board does not have a place of residence registered in the Estonian Population Register, the data of that place of residence must be submitted and any changes in those data must be notified of immediately. Those data are also considered data outside entries so no state fee is required for them. Every Estonian company must have an Estonian address. Is kept by the private limited company’s management board. If other shareholders have a pre-emptive purchase right, a shareholder selling its share must present the sales contract to the management board so that the management board can inform other shareholders. The notary certifying a sale or pledge of a share will also communicate the transaction to the county court maintaining the register. The management board may assign the list of shareholders to be maintained by the Estonian Central Register of Securities for a fee. In that case transactions with shares are conducted through a securities account opened in a bank. If a company had multiple shareholders and only a sole shareholder remains then the management board must send a notice to that effect to the county court maintaining the register. Only private persons who have an Estonian personal ID code can register an Estonian company online. If you as a legal entity would like to register an Estonian company, please get in touch with us. We will help you with the registration process. The company can be registered by one founder. If you have more than one founder, please get in touch with us. We will help you with the registration process. To register an Estonian company, both the founder and the board member(s) must have an Estonian personal ID code. If the founder and the board member are different persons, both must digitally sign the company registration application. You will be able to download the application after filling out the registration form. Once you have signed the downloaded document, you must upload it to the portal for submission. The management board of an Estonian company can be located outside of Estonia. In this case it is regulated by the law to provide the address of the board and appoint an authorized contact person. You must make sure that the company’s net assets (equity capital) do not decrease below one half of its share capital, and never below the lower limit of share capital set forth in the law. Otherwise the management board must summon the shareholders to decide an involvement of new funds, a merger, a reconstruction or dissolution of the company, etc. In the case of long-term insolvency, the management board must immediately present the court with a bankruptcy petition. Failure to react can bring about proprietary and criminal liability for the management board. The share capital of the company must be at least 2500 euro. The maximum share capital permitted is 25 000 euro. You can register the company without having to deposit the share capital. You can do this later at the bank. And other national and local authorities utilise the Commercial Register’s data through a computer network and they are forbidden from requesting you to submit an excerpt of the Commercial Register (§ 541 (1¹) of the Commercial Code). You do not have to register separately as a person paying income tax, social tax and land tax. Still, you have to register as a person paying value added tax (VAT) if your company’s annual turnover exceeds the lower limit set forth in the law. You can register as a person paying value added tax through the website of the Tax and Customs Board. The name must be limited to the Estonian alphabet and symbols may not be used. Most importantly, the name must be unique and clearly distinguishable from other company names and trademarks previously registered in Estonia. In the case of trademarks, both national and international trademarks valid in Estonia count. In making the decision, the overlap of the proposed activity with the registered trademark classes may be compared. Ready made, company in a paper, that has fulfilled all requirements for legal registration and may be bought by anyone to bypass the lengthy registration or incorporation process. Shelf companies are formed and sold usually by accounting or law firms. Also called a blank check company. Of course, we can provide them, just contact us. Allowed are: Visiting a Public Notary in Estonia or by using a power of attorney. Registration through a notary or with a power of attorney comes at different prices: Additional costs can be added if there is more than one establisher. Can also be used in business, but there are differences compared to a regular company. Requires at least 2 board members. Will go through automatic liquidation if less. Money can only be used towards the goal set in its charter. By definition, they can’t make a profit, that means you can’t take out the profit as dividends, a non-profit can only pay a salary to its employees. But the advantages are the following, no equity. There is no equity to claim against 🙂 if the members of the board have not shown a significant degree of negligence in the management of the non-profit organization. Estonia has a very transparent tax system and it is easy to understand for the foreigners, because of the flat tax rates. Here are some of the main tax benefits of an Estonian company. It is very important to understand that there are different taxes for the company, and you as a private person. Therefore, you have to keep your personal and company’s money separate, as these are two independent persons: a natural person and a legal person. This also means that it is not considered as double taxation when the company distributes dividends and pays corporate income tax, and when a private person receives dividends and pays personal income tax on that. We will discuss how double taxation works in the following section. Liability is a type of liability arising from a tax relationship that extends to a third party’s legal representative, chief executive officer or asset manager (the addressee of the liability decision) to pay the company’s tax debt. It is an obligation on the part of the corporation, ie the said one presupposes the validity of the tax debt of the company (Supreme Administrative Court decision no. 3-3-1-75-09). Liability proceedings are a sub-category of debt recovery and are not tax assessments. The liability procedure involves an analysis of the circumstances underlying the third party’s liability, which may result in the issuance of a liability decision to the obligated new subject or the termination of the liability procedure due to lack of grounds. It is clear from §§ 96 (1), 40 (1) and 8 (1) of the Taxation Act that the liability of a member of the management board in the recovery of his tax debt is as follows: No, there is no need for that. Except establishing a company with an Estonian e-residency card. Companies can be established in Estonia remotely with ID cards (allowed are Estonian, Latvian and Finnish ID-card or Estonian and Lithuanian Mobile-ID or Estonian e-resident card). Other possibilities are: Visiting a Public Notary in Estonia or by using a power of attorney. Registration through a notary or with a power of attorney comes at different prices: Additional costs can be added if there is more than one establisher. No. We collect your data and provide it to the banks. They have final decision rights. But we can hope expected readiness in some selected banks. For opening bank account in Estonian banks, it can’t be done remotely. In Estonia, your company name must be written in the Latin alphabet and preferably without any special characters or symbols. You also need to choose a name that’s unique in Estonia’s company registry and ensure that the name is not protected by trademark. As an Estonian company is an EU company, you’ll also want to check if there are other trademarks that are similar across the continent. The EU is the world’s largest single market and home to more than 500 million consumers, as well as plenty of entrepreneurs, so it’s unlikely that your company name is completely unique. If you have ordered to our company formation package, please contact us and we will check if the name is appropriate. Free of charge. Establishing a company in the e-register the contact person needs to be added by the establisher/s. After adding it, the contact person confirms it in the same environment. If the company is founded by a notary, the contact person gives a digitally signed confirmation as a separate document or gives it directly at the place to the notary. If from us have been ordered a company formation service, we will add all data where it will be needed. 24 hours. Once all the necessary information (name of the company, field of activity, founder’s personal details, etc.) is available for us. After ordering and paying, your application will go to the Estonian Commercial Registry. There, within 24 hours (working days), the assistant judge will review the information in your application and make a decision in the founding regulation or in the deficiency order. You will also receive a notice by email. Therefore, you should always use a valid email address when entering your information. The most common reason for obtaining a deficiency resolution is to choose the name of a registered company or a private company that is too similar to a trademark. In that case, an application for amendment of the statement of entry must be filed. A time limit will be set for the rectification of the deficiencies. By logging in to the e-Business Register, the first page will show the companies that are related to you. There you can also give your digital signature for confirmation of the will for company establishment. Having an address in Estonia and a contact person is mandatory for establishing a company in Estonia. So with ordering a company formation, you should order also an address and contact person. Or even better, go on with Package THREE. Where probably everything is included to start with business activity in Estonia from scratch. 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. No. But they need an Estonian address. Nevertheless, all sole proprietors (FIE) must file an application to be entered into the commercial register before they start operating. Individuals from creative professions working on a freelance basis are subject to the same requirement. There is no need to register separately with the Estonian Tax and Customs Board, as the information about registration will be forwarded automatically. If an e-resident registers as a sole proprietor in Estonia, it is accompanied by a commitment to pay advance payments of social tax 4 times a year. The size of advance payment actually does not depend on the size of income, it is set each year with the state budget. Unless the residence of at least one-half of the board members of the company is in Estonia, in another Member State of the European Economic Area or in the Swiss Confederation, the foreign company must have a local contact person. A contact person will be registered in the Estonian Commercial Registry. A contact person must confirm his will to be a contact person. Either directly in the e-business register or with a digitally signed consent sent to a Public Notary. No. However, you must make a contribution to the share capital at the latest before the dividend is distributed. In this case, the virtual office solution means an address service and contact person. Yes, you can. Actually, you need it before establishing a company in Estonia. Real address in Estonia and a contact person who resides in Estonia are mandatory for establishing a company if a board member or members are residing outside of Estonia. No and yes. Without anyone coming to Estonia, you cannot buy a share or stake. The reason for this is that all relevant transactions must be notarized by Public Notary in Estonia. NB! Although there is one way. Using a stock account. For further details please contact us. Our price is for a company with no debts and no or little business activity. It needs to be raised 🙂 Estonian Commercial Code: § 176. Decrease in property If a private limited company has less than half of its share capital or less than the amount of share capital specified in § 136 of this Code or the other minimum amount of share capital provided by law, the shareholders shall decide: 1) reduction or increase of share capital, provided that the amount of net assets would thereby form at least half of the share capital and at least the amount of share capital specified in § 136 of this Code or other minimum amount of share capital provided by law, or taking other measures as a result of which the amount of the net assets of the private limited company would be at least half of the share capital and at least the amount of share capital specified in § 136 of this Code or other minimum amount of share capital provided by law; 2) the dissolution, merger, division or transformation of a private limited company, or 3) submission of a bankruptcy petition. If you cannot come to visit an Estonian notary, you cannot visit an e-notary, then the only way to conduct the whole process by power of attorney. The sample power of attorney will be sent to you automatically with the order confirmation. You can add the necessary information there, legalize it and send it back to us. Yes, there is no difference between foreign and local owners liquidating companies in Estonia. The story is that we are offering a faster way to get rid of your business, but that speed will start to run from the moment you reach the first person to be considered a notary. From there, our 24-hour time will run. Usually, the company liquidation procedure in Estonia can take between 6 and 8 months to complete. But with us, when we go to Public Notary, it’s 24 hours. Yes, it’s possible. A private limited company or public limited company may, as a company being acquired, merge with the assets of a natural person (acquiring natural person) who is the sole shareholder of the company. The merger is permitted also in case the shares are in the joint ownership of the spouses. The merger of a private limited company or public limited company with the assets of the company’s shareholder who is a natural person is permitted also in case in addition to this shareholder the shares of a private limited company or public limited company being acquired are held exclusively by the company itself. The assets of a company being acquired, including its obligations, shall transfer to the acquiring company upon merger. The merger will take place without liquidation proceedings. So it’s faster than conventional liquidation. The merger process between a natural person and her/his company takes far less than the conventional liquidation – about 2-4 months. No, they are two different procedures. A company must first declare bankrupt and then be liquidated. It is included with your subscription confirmation to be automatically downloaded. Please check your email. After we receive the order and get payment, the contact person is ready to sign in as the contact person for your company in the Estonian Commercial Registry. Usually, it will be done within 24 hours. Establishing a company in the e-register the contact person needs to be added by the establisher/s. After adding it, the contact person confirms it in the same environment. If the company is founded by a notary, the contact person gives a digitally signed confirmation as a separate document or gives it directly at the place to the notary. If from us have been ordered a company formation service, we will add all data where it will be needed. No. But they need an Estonian address. Nevertheless, all sole proprietors (FIE) must file an application to be entered into the commercial register before they start operating. Individuals from creative professions working on a freelance basis are subject to the same requirement. There is no need to register separately with the Estonian Tax and Customs Board, as the information about registration will be forwarded automatically. If an e-resident registers as a sole proprietor in Estonia, it is accompanied by a commitment to pay advance payments of social tax 4 times a year. The size of advance payment actually does not depend on the size of income, it is set each year with the state budget. Unless the residence of at least one-half of the board members of the company is in Estonia, in another Member State of the European Economic Area or in the Swiss Confederation, the foreign company must have a local contact person. A contact person will be registered in the Estonian Commercial Registry. A contact person must confirm his will to be a contact person. Either directly in the e-business register or with a digitally signed consent sent to a Public Notary. In this case, the virtual office solution means an address service and contact person. Yes, you can. Actually, you need it before establishing a company in Estonia. Real address in Estonia and a contact person who resides in Estonia are mandatory for establishing a company if a board member or members are residing outside of Estonia. They will be sent to you automatically with the order confirmation. Yes and no. The papers are usable for this, but there are so many nuances in the direct establishment process that they alone are not enough. In addition, a state fee must be paid. As of 1 July 2009, the EORI number must be assigned to persons whose activities are related to customs activities, ie activities related to the Customs Code and its implementing provisions. You can check the validity or invalidity of the EORI number on the “Confirmation of EORI Number” web site. If a person has consented to the disclosure of his / her information, the name and address of that company or person can also be searched. EORI stands for the Economic Operators Registration and Identification System and is needed when your company exports (or imports) goods from (to) non-EU countries to (from) the EU. EORI code should be applied in the country where your company is established. For example, if you have an Estonian company, but import the goods directly to Germany, then you still have to apply for the EORI number in Estonia. Allowed are: For this, you have to give us the right of representation in the Estonian Tax and Customs Board. That is, either by authorizing us directly with the ID card through the Estonian Tax and Customs Board e-environment or give us the Power of Attorney. Take a look tutorial video: https://www.youtube.com/watch?v=uKJ3zgS5oTc .. and don’t forget to subscribe to our channel. Physical real SIM card. Many service providers (Google, Linkedin, etc.) do not accept virtual numbers in several control systems. Insert the SIM card into your phone, turn it on, and enter PIN code 0000. Usage time is calculated from the time the prepaid card is activated by making a call. The starter kit has a starting balance of 1 EUR. The prepaid card is active for 180 days from the day of activation or topping it up with at least 3 EUR. After 180 you will be able to answer calls, read messages, call emergency number 112, and top up the card for 30 days. Yes, if it’s related to the purpose of a nonprofit association. The nonprofit association can be established in Estonia remotely with ID cards (allowed are Estonian, Latvian and Finnish ID-card or Estonian and Lithuanian Mobile-ID or Estonian e-resident card) Registration through a notary or with a power of attorney comes at different prices. Additional costs can be added if there is more than two establisher. Can also be used in business, but there are differences compared to a regular company. Requires at least 2 board members. Will go through automatic liquidation if less. Money can only be used towards the goal set in its charter. By definition, they can’t make a profit, that means you can’t take out the profit as dividends, a non-profit can only pay a salary to its employees. But the advantages are the following, no equity. There is no equity to claim against 🙂 if the members of the board have not shown a significant degree of negligence in the management of the non-profit organization. Yes. There must be two founders for a non-profit organization. It looks like you’ve ordered a service from us. This can be a one-time single order or an ongoing subscription-based order. Please review your details. The purpose of sending reminders is to help you better meet your obligations. As a rule, it also comes with a direct link where you can conveniently make your payment. It is included with your order confirmation to be automatically downloaded. Please check your email. Once the letter has been received, it will be scanned or resubmitted as agreed. The contract, if related to the service, will be sent automatically with the order confirmation. You will then need to download and sign it, preferably digitally, and send it back to us. As stated in our Terms of Service, this must be done before the new period begins. Once this deadline has passed, it can be done before the end of the next period. It needs to be raised 🙂 Estonian Commercial Code: § 176. Decrease in property If a private limited company has less than half of its share capital or less than the amount of share capital specified in § 136 of this Code or the other minimum amount of share capital provided by law, the shareholders shall decide: 1) reduction or increase of share capital, provided that the amount of net assets would thereby form at least half of the share capital and at least the amount of share capital specified in § 136 of this Code or other minimum amount of share capital provided by law, or taking other measures as a result of which the amount of the net assets of the private limited company would be at least half of the share capital and at least the amount of share capital specified in § 136 of this Code or other minimum amount of share capital provided by law; 2) the dissolution, merger, division or transformation of a private limited company, or 3) submission of a bankruptcy petition. Mobile-ID allows people to use a mobile phone as a form of a secure digital ID. Like the ID-card, it can be used to access secure e-services and digitally sign documents but has the added advantage of not requiring a card reader. The system is based on a special mobile SIM card, which the customer must request from the mobile phone operator. Private keys are stored on the mobile SIM card along with a small application delivering the authentication and signature functions. E-Residency enables digital entrepreneurs to start and manage an EU-based company online: ID-card and Digi-ID are the easiest, most convenient and most secure methods of using internet banking and other e-services in Estonia. Digital identity card or Digi-ID is an ID-card like a smart card, that you can use for authentication of the holder and giving digital signatures in an electronic environment. Also encryption functionality is supported. You can apply for Digi-ID if you are: It depends on the package selected. There is a legal address for a company or private person. But also contact person service, document samples, help with establishing a company in Estonia, companies from self, bookkeeping services etc. For details, see the specific service. First of all, we hope this does not happen. However, if this happens, you have forced us to give the notice to the Estonian Commercial Register and initiate the debt collection process Since we offer services, not commodities, it is generally not possible. Exceptionally, for example, if a service has not yet been provided, cancellation of the order is possible. Estonian law allows for the physical person the cancellation of the order within 14 days after the order is submitted if there is a reasonable basis and in the case of sales of goods. This requirement does not apply to the service already provided. Note that your application must be made before the service duration has ended and you should not have unpaid bills. It is not possible to terminate the Contract prematurely. Disputes are resolved by way of negotiations. Upon not reaching an agreement the dispute is resolved in the jurisdiction of the service provider. The litigation is based on the Estonian Law of Obligations Act (VÕS) in general and on transactions made through a computer network more narrowly ( § 62 1 ). There are three main payment possibilities: NB! We do not have a payment link associated with a shopping cart. We use it from time to time for additional payments Payment for the service is made when it is received by us, not when it is made. Your status changes immediately upon receipt. Check to see if the money has ever gone out of your way. Most often, you’ll use your digital ID to log into e-services. Your e-Residency digital ID card is an electronic personal identification used to securely identify yourself over the internet. Just like showing identification when completing a credit card transaction at a store, you show your digital ID for verification over the internet so companies are certain you are you. ID card is the national technical support in Estonia. If starting to use the card online seems difficult or daunting, they are there to assist you through the process. On their website, you can find how-to videos, support articles, step-by-step solution finders and the contacts of the support team. For an example of the videos, check out how to create a digitally signed document on your computer! Below is a list of the most commonly used Estonian government e-services. Visit our Marketplace for a collection of services that will enable you to make the most of your digital ID. Customer can log into the client area and pay to renew the subscription. All payment gateway extensions can be used to process manual renewal payments. Customer can choose a different payment method for each renewal payment. 1. The act to be performed by remote authentication and the corresponding time must be agreed with the notary in advance, either via the self-service of the website of notar.ee or directly. 2. To perform an act by remote authentication, the client is required to have and use a computer with a webcam and a microphone, an ID card with a card reader or Mobile-ID for digital signing. 3. Remote authentication only functions in the Google Chrome web browser, and the internet connection speed must enable video calls. 4. To perform an act, it is required to log into the self-service of the website of notar.ee. For more detailed information about how the notarial acts can be performed by remote authentication, please visit the website of the Estonian Chamber of Notaries. If the intended activity of the company is not related to Estonia, you will not be able to open a bank account in Estonia. This requires, for example, cooperation partners in Estonia – the partnership must also be verifiable (contracts, sales invoices, letters of confirmation), etc. Also, to open an account with an Estonian bank, a board member of the company shall be present in the opening process. So if you can come to Estonia and you have a strong relation to Estonia, we recommend: But wait a moment, why you need a bank account in Estonia? You can open a bank account in your selected country, in your home country or use our partners. Just establish a company in Estonia, get your papers legislated and the open bank account where you want and can do it. At the moment we are introducing a There are two solutions: Cost approx. 50 EUR. The premise is Package ONE 2. Another option is that we bill you part of the utility costs yourself, pay for it, and send the bill. Cost 25 EUR. The premise is Package TWO There are many solutions for this in the world, we prefer the following: Digitally and securely sign legally binding agreements with parties in the European Union. and Worldwide Application form for a visa can be pre-filled online. If the visa application is submitted to other Member State representing Estonia in issuing short-stay visas, kindly fill in the Schengen visa application form of the respective Member State. An e-resident is a non-resident according to Estonian tax legislation. Only income derived in Estonia is taxed in Estonia. If there is no activity or income derived from Estonia, taxes should be paid in the country where the service is provided or activity is done or income is derived from, the pure e-residency alone does not influence the foreign or Estonian taxation. An Estonian company established by an e-resident is an Estonian tax resident. The Estonian e-residency does not automatically exempt from taxation elsewhere. Tax residency is the place where you actually have to pay the taxes. For example, if you are an Estonian citizen, but have lived more than 183 days per year in Finland, then you become a tax resident in Finland and have to pay the taxes there. In general, a company’s tax residency is in the country where the company is established. So, if the company is established in Estonia, then by law the tax residency is in Estonia. There are exceptions to this rule that will change the tax residency of your company, which we will discuss later in this article. When talking about tax residency or even e-Residency, it is important to emphasize that neither is an actual residency. So, if you receive your e-Residency card, then this doesn’t make you a resident nor a tax resident of Estonia – it is a common false perception. E-Residency is not related to visa or a resident permit and doesn’t enable you to travel to Estonia. E-Residency card is a digital identity that allows you to run a business in Estonia from the distance and fully online. To explain tax residency and citizenship, we first need to consider that there are two separate parties involved: a private and a legal person. This means that your company is a legal person, and you alone are the private person. Citizenship only applies to a private person and is determined by your passport. The tax residency on the other hand is not the same as citizenship and is determined by tax laws. The tax residency status can be in the same country as your citizenship, but it also might be different or change in time. To provide contact person services there is a need for a licence, we have that. Virtual Office in Estonia has a licence (licence no FIU000051) to be an authorized contact person in Estonia. The licence is provided by Estonian Ministry of Economic Affairs. We can help with official registration in the Estonian population registry if there is legal background for obtaining. e-Residency is a transnational digital identity available to anyone in the world interested in administering a location-independent business online. e-Residency enables to use secure and convenient digital services that facilitate credibility and trust online. Please be aware that e-Residency does not confer citizenship, tax residency, residence or right of entry to Estonia or to the European Union. It is not a visa or residence permit. The e-Resident digi-ID card is not a physical identification or a travel document, and does not display a photo. You’ll find laws and regulations concerning current application here: Identity Documents Act, State Fees Act. You’ll find the terms and conditions for use of certificates of personal identification documents of the Republic of Estonia here. Please be informed that the Police and Border Guard Board performs background checks on all applicants. You grant us permission to obtain an LEI code for you. It can be done remotely if you have an e-residency card or you can give us Power of Attorney for that. In Tallinn city center, Juhkentali 8, Tallinn 10132. The order confirmation will send you links, one of which is related to the sample invoice. Please click on the link, download a sample invoice and modify it according to your needs. One of the parts of the order confirmation email looks like this: It is included with your order confirmation to be automatically downloaded. Please check your email. It is included with your subscription order confirmation to be automatically downloaded. Please check your email. Not immediately. However, since this is a sample and in the Docx format, you can add your own name there. If there are some letters per year we will scan or onward them for free and charge only posting costs. We don’t wrestle with small packages, right now. When establishing a company in the Estonian Commercial Register e-environment, the address must be added by the establisher or establishers. The address will appear on the company foundation decision, the articles of association as well as on the registry card. The software ensures that only real addresses can be added. When establishing with a notary, the address of your company must be notified to the notary. Instructions on how to add an address in the business register will be automatically sent with your order confirmation. Establishing a company in the e-environment of the Estonian Commercial Business Register does not need to present address proofs. At the same time, the official may ask for proof of affiliation with the address. You can then show the document, the address proof certificate. Yes. The more expensive package will then be deducted by the cost of the previously paid package. Because we provide an address service and we have more than one customer, the address is of course not unique. It is included with your order confirmation to be automatically downloaded. Please check your email. It is included with your subscription confirmation to be automatically downloaded. Please check your email. It is included with your subscription order confirmation to be automatically downloaded. Please check your email. We will register your readiness in the Estonian Tax and Customs Board. Later on, detailed data will be added by you or by us as your accountant. No. We send an application to the Estonian Tax and Customs Board. If they don’t have any questions, the VAT number will be registered. If they have some questions they will contact you and with us if we are already your contact person. If there are some letters per year we will scan or onward them for free and charge only posting costs. We don’t wrestle with small packages, right now. Establishing a company in the e-environment of the Estonian Commercial Business Register does not need to present address proofs. At the same time, the official may ask for proof of affiliation with the address. You can then show the document, the address proof certificate. It is included with your order confirmation to be automatically downloaded. Please check your email. It is included with your subscription confirmation to be automatically downloaded. Please check your email. It is included with your subscription order confirmation to be automatically downloaded. Please check your email. If there are some letters per year we will scan or onward them for free and charge only posting costs. We don’t wrestle with small packages, right now. Establishing a company in the e-environment of the Estonian Commercial Business Register does not need to present address proofs. At the same time, the official may ask for proof of affiliation with the address. You can then show the document, the address proof certificate. Because we provide an address service and we have more than one customer, the address is of course not unique. A natural person is a resident if one of the following conditions is met: Taxation requirements also apply according to residency status. Corporate tax status is determined by where the turnover is generated, where the profits are distributed, and where the employee is resident in the country. The share capital amount can be used for business purposes, meaning that it doesn’t have to stay on your business bank account as a deposit. As soon as it is transferred to the bank account, it can be used for business expenses, paying out salaries, and so on. After the share capital has been paid in, it has to be registered in the Business Register to pay out dividends. It is also required that you declare the share capital in the Estonian Tax and Customs Board (the ETCB). This becomes useful, if at some point you want to liquidate the company and are obligated to pay income tax on the company’s profit. If the minimum share capital of 2500 € has been declared in the ETCB beforehand, then in the case of company liquidation, 2500 € of the company’s profit will be tax-free. In Estonia, the regular corporate income tax rate on profit is 20% from the gross amount. If you receive dividends from subsidiaries or permanent establishments, then these may be tax-free in case there is a double treaty agreement signed between the countries. There is also an option to use a reduced corporate income tax rate which is 14%. When a company uses the reduced rate, then a private person has to pay 7% of the personal income tax. However, there are several rules for when the reduced tax rate can be used. The 7% that is withheld as a personal income tax, can be deducted in the personal income declaration in your home country (in a country where your personal tax residency is). For that, you need to get proof from the ETCB that the income tax has been paid in Estonia and then your taxes will be reduced in your home country. If a company distributes dividends to another company with a reduced rate, then the company only pays 14% of corporate income tax on that. But if the owner of the second company is a private person, and the second company pays out dividends to the owner, then the 7% personal income tax will be withheld from that private person. So, using the reduced tax rate is rather complicated and involves different calculations and nuances. If the reduced tax rate is used, the full structure of the dividends should be known to make better judgments. If you have filled the requirements for a reduced tax rate and want to use it, then we recommend consulting with our accountants who can explain how it will work for your company. MOSS stands for Mini One Stop Shop and is part of the VAT, but it only concerns digital goods or services. For example, services covered under the MOSS scheme include website hosting, a supply of software, access to databases, downloading apps or music, online gaming and distance teaching. When selling digital goods and services, the regular rule is that the place of turnover is where your customer is located. So normally if you sell physical goods to a certain country, then at some point you have to get a VAT number in that country. But MOSS simplifies the process for digital goods and services which means you don’t have to get a VAT number in many different countries. For example, if an Estonian company sells digital services to different private persons all over the EU, then the company’s invoices will have an Estonian VAT number, but a client’s home country VAT rate. Meaning that your company will pay all the other countries’ VAT to the Estonian tax office who will then spread the VAT itself between those countries where the customers purchased your digital goods or services. Therefore, MOSS will save you a lot of time and money in the end. MOSS scheme can be used only if the company is VAT liable. In Estonia, you have to declare MOSS in a special quarterly declaration. So, it is not part of the regular monthly VAT declaration, but additional reporting. You still have to submit monthly VAT declarations, even if most of the goods or services you sell, are covered with MOSS. It is very important that you fully understand what selling digital goods and services means when it comes to MOSS. You will have to set up a very good system to gather all the information about your clients, the countries where they’re from, and the VAT rates of the countries where your customers completed the purchases, as this will greatly help from the tax reporting point of view. As the name says, double taxation stands for paying the same taxes in different countries. Double taxation can be avoided, if the country where your company is established, and where you as a private person live, have signed a double tax treaty agreement. See the list of the countries that have double tax treaty agreements with Estonia. If the countries have not signed the treaty, then the double taxation can’t be avoided. For example, Estonia doesn’t have a double tax treaty with Russia, which means that the company may need to pay corporate income tax in Estonia as well as in Russia. In the previous section, we already mentioned that income taxes for a natural person and a company are two separate things. If a company pays out dividends, then this is taxed with the corporate income tax. However, in most of the countries, private persons have to pay personal income tax from the received dividends. This is not considered as double taxation, because these are two separate taxes. The standard rate of VAT is 20%, the reduced rate is 9% and 0% in some cases. The taxable period is one calendar month, and VAT returns must be submitted to the tax authority by the 20th day of the month following the taxable period. Usually, Tax and Customs Board will register with the VAT for those companies that engage in economic activities or prove their commencement (§ 20 (4) of the Value Added Tax Act). As a result, the registration of non-operating ready-made companies is usually not possible for the sale of companies by sellers of the companies. It is possible to buy formerly operating companies, including VAT registered companies. In this case, the registration of the company as a VAT taxpayer will be retained. Estonia has a very transparent tax system and it is easy to understand for the foreigners, because of the flat tax rates. Here are some of the main tax benefits of an Estonian company. It is very important to understand that there are different taxes for the company, and you as a private person. Therefore, you have to keep your personal and company’s money separate, as these are two independent persons: a natural person and a legal person. This also means that it is not considered as double taxation when the company distributes dividends and pays corporate income tax, and when a private person receives dividends and pays personal income tax on that. We will discuss how double taxation works in the following section. Applicants must have access to “Submit a VAT registration application”. In order to grant access, the authorized person must enter the e-MTA as a representative and select “Settings”> “Access Rights”> “Representative Access Rights”. On the Access Rights Administration page, you must enter the user ID of the user to be authorized and select “Access to VAT registration” under the “Individual rights” section. Log in: https://maasikas.emta.ee/v1/login?authst=eitUBZa5iT If the e-channels do not work, but you need to quickly file tax returns with the Estonian Tax and customs board, you can also do so physically. The sample: In general, there are two options to pay a fee from a company in Estonia: a regular salary and a board member’s fee. A regular salary is paid for active work that is done in the company to bring value. A board member’s fee is paid for administrative tasks that are done to manage the company. If you are the only owner and an employee of your company, then you can decide which fee you pay for yourself. You can pay yourself a regular salary, a board member’s fee, or a combination of both. A company has to pay out salary taxes on a regular salary only if the employee actually works in Estonia. If the employee is not an Estonian tax resident and doesn’t work in Estonia, but the company still pays them a salary, then the salary taxes should be paid in another country where the person is a tax resident and works in reality. The regular tax rates for Estonian tax residents in Estonia are 20% for personal income tax, 33% for social tax, 1,6% for unemployment tax, 0,8% for employer’s unemployment tax and 2% for pension. In Estonia, employees can also get a maximum of 500 € income-tax-free, but the amount decreases depending on the size of the salary. If you work in Estonia and are tax resident here, then you also have to pay social tax in Estonia, which means that you can receive health insurance only in Estonia. Keep in mind that you can only get social benefits from one country. Therefore, the personal income tax can be paid in many different countries, but the social tax should be paid in a country where you live and where you need to get the social benefits. The taxation of a board member’s fee is a bit different than that of a regular salary. If a board member is an Estonian tax resident, then all the taxes will be paid in Estonia. But if the board member is a foreigner and doesn’t work or live in Estonia, then the 20% income tax still has to be paid in Estonia. Social tax can be paid in Estonia or in another country where the board member wants to receive the social benefits. In case you are a digital nomad and travel in different countries while working, then the salary taxation might become quite complex. If you are a tax resident in one country, then everything is simple, and you will pay taxes in that country. If, however, you don’t have a tax residency and receive a salary, then you still have to pay taxes somewhere. Otherwise, at some point, some government can claim that you need to pay taxes in their country. So, if you are staying in a certain country and doing work, then this is the country where you should pay the taxes. Residents pay tax on their worldwide income. Taxable income includes, in particular, income from employment (salaries, wages, bonuses and other remuneration); business income; interest, royalties, rental income; capital gains; pensions and scholarships (except scholarships financed from the state budget or paid on the basis of law). Taxable income does not include dividends paid by Estonian or foreign companies when the underlying profits have already been taxed. The personal income tax is withheld from the employees’ gross salary every month and paid by the employer. Non-residents pay personal income tax only on their income received from Estonian sources. Taxable income in Estonia includes: Permanent establishment is something that people are usually not aware of, but it is important to consider as it can determine where you have to pay the taxes. Permanent establishment occurs in a different country than where your company is registered, and in a location where the business management and selling goods or services happens. So, if you permanently manage your business from another country, then you have the risk of having a permanent establishment there. For example, if you have an Estonian company, but manage your business in Finland, then this might result in a permanent establishment in Finland and means that taxation will be according to the Finnish tax rules. Besides management location and permanently selling in some country, a permanent establishment might occur if you sign agreements with the clients and negotiate about the prices in some other country than where your company is established. Other aspects can also create a permanent establishment for your company in a foreign country. As taxes are case sensitive, then a tax advisor has to evaluate and analyse the nature of your company’s business and see whether there is a risk for a permanent establishment occurring somewhere else. So, if the permanent establishment happens, then your tax residency might change, and you have to start paying taxes in that foreign country. In that case, you will be notified about the tax obligations by this country’s government. For example, the Finnish tax office might see that you’re conducting your business in Finland and therefore lets you know that, as you have a permanent establishment in Finland, you have to pay the taxes in Finland and according to their rules. All the above means that once a permanent establishment occurs, then Estonian regular taxation rules do not apply to your company anymore. So, at the end of the year, you have to pay taxes according to the laws of the country where you have the permanent establishment. It is important to evaluate all the risks that you have regarding the permanent establishment when starting a business. As mentioned earlier, permanent establishment mainly takes place if you manage the business or sell goods or services permanently in a different country from where your company is established, but there are also many other aspects to consider. So, it is recommended to get a tax consultation before starting a company in Estonia, just to save you money and nerves in the future and avoid arguments with tax offices about where you are obligated to pay the taxes. As a non-resident, you can sign in to the Estonian Tax and Customs Board’s self-service environment and use the e-services if you have: If you are unable to use the above-mentioned authentication methods, we recommend you apply for Estonia’s e-Residency. E-Residency offers foreigners secure access to Estonia’s e-services. Holders of the e-resident’s Digi-ID card can digitally sign documents and use the Digi-ID to sign in to all portals and information systems that recognize the Estonian ID-card. You can apply for an Estonian e-resident’s Digi-ID electronically at https://e-resident.gov.ee/. Consult the same web page for additional information on e-Residency and instructions on how to submit an application. Liability is a type of liability arising from a tax relationship that extends to a third party’s legal representative, chief executive officer or asset manager (the addressee of the liability decision) to pay the company’s tax debt. It is an obligation on the part of the corporation, ie the said one presupposes the validity of the tax debt of the company (Supreme Administrative Court decision no. 3-3-1-75-09). Liability proceedings are a sub-category of debt recovery and are not tax assessments. The liability procedure involves an analysis of the circumstances underlying the third party’s liability, which may result in the issuance of a liability decision to the obligated new subject or the termination of the liability procedure due to lack of grounds. It is clear from §§ 96 (1), 40 (1) and 8 (1) of the Taxation Act that the liability of a member of the management board in the recovery of his tax debt is as follows: The rate of social tax is 33% (20% for social security and 13% for health insurance). Besides the social tax, unemployment insurance tax at a rate of 0.8% must be paid on the gross salary (an additional 1.6% is withheld from the employees’ salary). Employers registered in Estonia (including the permanent establishments of foreign entities) must pay social tax on all payments made to employees, except on those specifically exempted by law. E-residency in Estonia does not automatically mean tax residence. It only provides the opportunity to use the e-services that the Estonian state offers. Among them is the establishment of the company. If your turnover is less than EUR 40,000 per the calendar year, you don’t need to add VAT to your invoices. If the turnover is generated outside Estonia, you do not have to add VAT to your invoices if you exceed this amount. If the employees do not work in Estonia, the labour tax according to Estonian law does not have to be taken into account. On 1 July 2009, the Economic Operators Registration and Identification System (EORI) was introduced in all EU Member States for identification of economic operators as regards their customs related activities. Economic operators engaged in foreign trade who register themselves in the EORI system are given unique identification numbers (EORI numbers), which will be forwarded to the EORI central database. The use of an EORI number enabling to identify economic operators within the entire EU customs territory became mandatory for all economic operators engaged in import or export of goods, transit transportations or when performing other customs related activities. An e-resident is a non-resident according to Estonian tax legislation. Only income derived in Estonia is taxed in Estonia. If there is no activity or income derived from Estonia, taxes should be paid in the country where the service is provided or activity is done or income is derived from, the pure e-residency alone does not influence the foreign or Estonian taxation. An Estonian company established by an e-resident is an Estonian tax resident. The Estonian e-residency does not automatically exempt from taxation elsewhere. Tax residency is the place where you actually have to pay the taxes. For example, if you are an Estonian citizen, but have lived more than 183 days per year in Finland, then you become a tax resident in Finland and have to pay the taxes there. In general, a company’s tax residency is in the country where the company is established. So, if the company is established in Estonia, then by law the tax residency is in Estonia. There are exceptions to this rule that will change the tax residency of your company, which we will discuss later in this article. When talking about tax residency or even e-Residency, it is important to emphasize that neither is an actual residency. So, if you receive your e-Residency card, then this doesn’t make you a resident nor a tax resident of Estonia – it is a common false perception. E-Residency is not related to visa or a resident permit and doesn’t enable you to travel to Estonia. E-Residency card is a digital identity that allows you to run a business in Estonia from the distance and fully online. To explain tax residency and citizenship, we first need to consider that there are two separate parties involved: a private and a legal person. This means that your company is a legal person, and you alone are the private person. Citizenship only applies to a private person and is determined by your passport. The tax residency on the other hand is not the same as citizenship and is determined by tax laws. The tax residency status can be in the same country as your citizenship, but it also might be different or change in time. An e-resident is a non-resident according to Estonian tax legislation. Only income derived in Estonia is taxed in Estonia. If there is no activity or income derived from Estonia, taxes should be paid in the country where the service is provided or activity is done or income is derived from, the pure e-residency alone does not influence the foreign or Estonian taxation. The Estonian e-residency does not automatically exempt from taxation elsewhere. An Estonian company established by an e-resident is an Estonian tax resident. 0% There is no corporate income tax on retained and reinvested profits. Tax on distributed profits is 14-20%. Distributed profits include: Dividends paid to non-residents are no longer subject to withholding tax, irrespective of participation in the share capital of the distributing Estonian company. However, various withholding taxes may still apply to other payments to non-residents if they do not have a permanent establishment in Estonia or unless the tax treaties otherwise provide. As the tax period for corporate entities is a month, income tax must be returned and paid monthly by the 10th day of the following month. It is possible to run your company without any corporate income taxation at all. Protected brand name for copies and imitations, distinguished business from others, prevention for third parties using your trademark without your consent and if they do so, the possibility to take legal actions against it. Allowed are: For this, you have to give us the right of representation in the Estonian Tax and Customs Board. That is, either by authorizing us directly with the ID card through the Estonian Tax and Customs Board e-environment or give us the Power of Attorney. Take a look tutorial video: https://www.youtube.com/watch?v=uKJ3zgS5oTc .. and don’t forget to subscribe to our channel. The VAT registration obligation in Estonia arises from the moment when the company’s sales turnover exceeds 40 000 EUR per the calendar year. At the same time, the company may apply for VAT status before it reaches this amount. The VAT number registration can be initiated after you’ve registered your company. Allowed are: For this, you have to give us the right of representation in the Estonian Tax and Customs Board. That is, either by authorizing us directly with the ID card through the Estonian Tax and Customs Board e-environment or give us the Power of Attorney. Take a look tutorial video: https://www.youtube.com/watch?v=uKJ3zgS5oTc .. and don’t forget to subscribe to our channel. In order to be registered as a VAT payer, the person must prove to the Tax and Customs Board that he or she is engaged in business in Estonia or is about to commence business in Estonia. ‘Engaged in business’ means actual economic activity commenced, but also a business plan worked out and making investments for the commencement of business. The Tax and Customs Board shall have the right to request that the person submit additional proof or collect such proof on its own initiative. The proof is any information confirming that the applicant has either commenced business at the place of business stated in the application or has planned to start a business. Such proof can be, for example, preliminary contracts, (commercial lease, procurement, delivery, employment, etc.) contracts, sites for work to be performed, etc. No. Depend on Tax official. It will be evaluated case by case. In practice, if you do not have an account with an Estonian bank, you will not receive a VAT number.Accounting (13)
, etc.
Address service (8)
Annual report (8)
Apostille (7)
Background check (2)
The state fee for the e-Resident’s digital ID card is 100 euros. Depending on the chosen pick-up location, additional fees apply:
Company formation (27)
A) An annual report must be submitted
B) The company’s business name, registry code and location
C) Activities
D) Changing registry data (company address, management board members, etc.)
E) A person’s address
F) The list of shareholders
G) Equity capital level
H) The Tax and Customs Board
Must come by yourself or someone whos is authorized by you.Company liquitation (9)
Contact person (6)
Document Samples (4)
EORI number (5)
Estonian SIM card (6)
Formation of a nonprofit association (7)
General (29)
Estonia is NO. 1 most entrepreneurial country in Europe (World Economic Forum) with the world’s most digitally advanced society
You need the following to use the ID-card and Digi-ID electronic services:
Using your digital ID card
E-services commonly used by e-residents
State Portal
Log in to see and manage your personal information
Service Providers
Some service providers have integrated e-Residency digital ID log in on their websites
Company Registration Portal
Register your company online
e-Business Register
Manage your business information
e-Financials
Web-based public accounting software
e-Tax/e-Customs
Submit relevant documentation to the Estonian Tax and Customs Board
e-apostille
Use e-apostille when you need your company formation documents apostilled
NB!
The state fee for the e-Resident’s digital ID card is 100 euros. Depending on the chosen pick-up location, additional fees apply:
LEI code (2)
Package ONE (14)
Package THREE (9)
Package TWO (8)
Taxis in Estonia (20)
Applying for Estonia’s e-Residency
NB!
Trademark registration (3)
VAT number (5)
Load More
and 
