Question 1

With a nonprofit association can be conducted a business activity?

Accepted Answer

Yes, if it’s related to the purpose of a nonprofit association.

Question 2

Whether the founders can be a legal entity or a natural person?

Accepted Answer

Both.

Question 3

What ID cards can be used for establishment?

Accepted Answer

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).

Question 4

What are other possibilities for NPA formation?

Accepted Answer

Registration through a notary or with a power of attorney comes at different prices.

Nonprofit association formation via Public Notary – 190 EUR
Nonprofit association formation by a Power of Attorney – 390 EUR

Question 5

Is there any share capital requirement?

Accepted Answer

No.

Question 6

Is the number of establishers regulated?

Accepted Answer

Yes. There must be two founders for a non-profit organization.

Question 7

In what form are the documents of incorporation handed over?

Accepted Answer

If an association is established in the e-environment of the Estonian Business Register, no documents will be received on paper immediately. Each founder can download and print copies of the commercial register free of charge.

If there is a need to use these papers abroad, they must be legalized through the apostille. In Estonia, all organizations check the data through the e-environment in the commercial register.

Question 8

But the establishment of a foundation?

Accepted Answer

The foundation cannot be established electronically on the Estonian Business Registry.

Establishing papers must be verified with Public Notary or we must have Power of Attorney.

Virtual Office FAQ

Formation of a nonprofit association (8)