The storehouse of knowledge
Whether you’re a startup, freelancer, or business owner, our FAQ section is designed to provide clarity and help you make informed decisions.
Here, you can:
- Explore Various Topics: Browse a wide range of frequently asked questions on topics including setup, benefits, costs, and legal considerations for virtual offices.
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Power of attorney (PoA) authorises us to act on your behalf for the transactions you specify. To be valid in Estonia and recognised abroad, it must meet three basic requirements: Step-by-step process Country-specific nuances Most jurisdictions follow the Hague Apostille rules, but some (e.g., Canada, UAE) still require full consular legalisation. With a properly notarised and authenticated PoA in place, we can conduct the authorised transactions smoothly and in full compliance with international and Estonian law. An authorisation is a defined set of rights that determines the scope within which a representative may legally act on behalf of the principal. It outlines what actions the representative is permitted to take and under what conditions, ensuring legal clarity and accountability for both parties. It is essential for the Estonian Tax and Customs Board that the content of authorization would be understandable and the person granting the authorization and the authorized person would be identifiable. The main and also the most convenient and practical way to transfer the right of representation is to do it through a suitable digital identification channel. These are Mobile ID, Estonian ID, e-resident ID, and Smart ID. European Union country ID cards are also suitable. It is important to have the right to log in to the systems of the Estonian state. If necessary, other less convenient and more expensive methods can also be used: power of attorney, lawyer’s client agreement, etc. Additional info: According to ยง 9 of Estoniaโs Money Laundering and Terrorist Financing Prevention Act, a beneficial owner (UBO) is the natural person who ultimately owns or controls a legal entityโeither directly or indirectly. It is also possible for a company not to have a reportable beneficial owner. For instance, in a private limited company where four shareholders each hold exactly 25%, none of them meets the threshold for control, and under Estonian law, no UBO is declared. Lead-in: The purchase and sale of cryptocurrencies may be subject to anti-money laundering regulations. Therefore, attention must be paid to ยง 70 (1) 4) and (5) and ยง 71 of the Money Laundering and Terrorist Financing Prevention Act (RahaPTS), according to which the corresponding activity license must be applied for from the FIU. An application for an activity license can be submitted to the register of economic activities, which can be accessed either through the www.eesti.ee portal or from the MTR website https://mtr.mkm.ee. The state fee for applying for an activity license is 3,300 euros. Pursuant to ยง 71 of the Money Laundering Act, the FIU shall resolve an application for an activity license within 60 days as of the date of submission of the application. Upon the decision of the Financial Intelligence Unit, the term for granting an activity license may be extended up to 120 days. Services may not be provided before permission has been obtained. A person who holds an activity license of the Financial Supervision Authority does not have an obligation under another law to apply for an activity license of the Financial Supervision Authority, an activity license of a financial supervision authority of a Contracting State of the European Economic Area. The services specified in subsection 70 (1) within the group. There is no tax ID in Estonia.ย Estonia does not issue a separate Tax Identification Number (TIN). Instead: These identifiers are sufficient for all official, tax-related, and administrative purposes within Estonia. Power of attorney (PoA) authorises us to act on your behalf for the transactions you specify. To be valid in Estonia and recognised abroad, it must meet three basic requirements: Step-by-step process Country-specific nuances Most jurisdictions follow the Hague Apostille rules, but some (e.g., Canada, UAE) still require full consular legalisation. With a properly notarised and authenticated PoA in place, we can conduct the authorised transactions smoothly and in full compliance with international and Estonian law. If you plan to live and work in Estonia, you must register your local address in the Estonian Population Register. Without it, you wonโt be eligible for public healthcare, social support, or many other government services. A residence notice (elukoha teade) โ filled out in Estonian (see translated example if needed) Your ID or a copy (if applying by post) Proof of residence โ e.g. a tenancy agreement or ownership document If the property has multiple owners, consent is required from all If you have an Estonian ID card, you can complete the process online via the eesti.ee portal. Lead-in: If you are an alien living in Estonia the options are: Additional data: https://www.id.ee/en/article/smart-id All offered payment gateway extensions can be used to process manual renewal payments. Customers can choose a different payment method for each renewal payment. It’s better to set up automatic payments. If there is a problem with logging in to the customer area, let us know and the payment link will be sent. After we receive the payment we will manually extend your subscription. An authorisation is a defined set of rights that determines the scope within which a representative may legally act on behalf of the principal. It outlines what actions the representative is permitted to take and under what conditions, ensuring legal clarity and accountability for both parties. It is essential for the Estonian Tax and Customs Board that the content of authorization would be understandable and the person granting the authorization and the authorized person would be identifiable. The main and also the most convenient and practical way to transfer the right of representation is to do it through a suitable digital identification channel. These are Mobile ID, Estonian ID, e-resident ID, and Smart ID. European Union country ID cards are also suitable. It is important to have the right to log in to the systems of the Estonian state. If necessary, other less convenient and more expensive methods can also be used: power of attorney, lawyer’s client agreement, etc. Additional info: Keeping your residence information up to date in the Population Register is a legal obligation. To register your residence in Estonia, you must submit a notice of residence to the city or rural municipality government of your place of residence. This ensures that your address is correctly recorded in the Estonian Population Register, as required by law. You can submit your notice of residence in the following ways: The notice of residence form (printable and digital versions) is available on the Ministry of the Interiorโs website. If you have multiple permanent addresses, one must be designated as your main residenceโthe address with legal effect in the register. Other addresses may be submitted as additional residences, but the main one must always be accurate and up to date. Whenever you move within Estonia, relocate abroad, or return from abroad, you are legally obligated to update your residence address in the Population Register. Yes. You can easily upgrade or switch between Package ONE, TWO, and THREE at any time to meet your business needs. This can be done directly in our Customer Area (self-service portal), without extra paperwork. Upgrading is a convenient way to add services as your company growsโfor example, moving from a registered address-only (Package ONE) to a full compliance bundle that includes an authorised contact person (Package TWO) or additional business support services (Package THREE). Please let us know via email at least 7 days before the subscription extension date, and include an unpaid invoice. You can also log in to ourย Customer Area and cancelย your subscription yourself. Note that the waiver does not have a retroactive effect; i.e., the period for which it has already been paid remains valid until the end of that period. Also, it is important to note that the order ends permanently when the address and/or contact person are deleted from the Estonian Business Registry. Without it, the standing order is not completed. Yes. You can easily upgrade or switch between Package ONE, TWO, and THREE at any time to meet your business needs. This can be done directly in our Customer Area (self-service portal), without extra paperwork. Upgrading is a convenient way to add services as your company growsโfor example, moving from a registered address-only (Package ONE) to a full compliance bundle that includes an authorised contact person (Package TWO) or additional business support services (Package THREE). Yes. You can easily upgrade or switch between Package ONE, TWO, and THREE at any time to meet your business needs. This can be done directly in our Customer Area (self-service portal), without extra paperwork. Upgrading is a convenient way to add services as your company growsโfor example, moving from a registered address-only (Package ONE) to a full compliance bundle that includes an authorised contact person (Package TWO) or additional business support services (Package THREE). Yes. You can easily upgrade or switch between Package ONE, TWO, and THREE at any time to meet your business needs. This can be done directly in our Customer Area (self-service portal), without extra paperwork. Upgrading is a convenient way to add services as your company growsโfor example, moving from a registered address-only (Package ONE) to a full compliance bundle that includes an authorised contact person (Package TWO) or additional business support services (Package THREE). Power of attorney (PoA) authorises us to act on your behalf for the transactions you specify. To be valid in Estonia and recognised abroad, it must meet three basic requirements: Step-by-step process Country-specific nuances Most jurisdictions follow the Hague Apostille rules, but some (e.g., Canada, UAE) still require full consular legalisation. With a properly notarised and authenticated PoA in place, we can conduct the authorised transactions smoothly and in full compliance with international and Estonian law. There is no tax ID in Estonia.ย Estonia does not issue a separate Tax Identification Number (TIN). Instead: These identifiers are sufficient for all official, tax-related, and administrative purposes within Estonia. Keeping your residence information up to date in the Population Register is a legal obligation. To register your residence in Estonia, you must submit a notice of residence to the city or rural municipality government of your place of residence. This ensures that your address is correctly recorded in the Estonian Population Register, as required by law. You can submit your notice of residence in the following ways: The notice of residence form (printable and digital versions) is available on the Ministry of the Interiorโs website. If you have multiple permanent addresses, one must be designated as your main residenceโthe address with legal effect in the register. Other addresses may be submitted as additional residences, but the main one must always be accurate and up to date. Whenever you move within Estonia, relocate abroad, or return from abroad, you are legally obligated to update your residence address in the Population Register. An authorisation is a defined set of rights that determines the scope within which a representative may legally act on behalf of the principal. It outlines what actions the representative is permitted to take and under what conditions, ensuring legal clarity and accountability for both parties. It is essential for the Estonian Tax and Customs Board that the content of authorization would be understandable and the person granting the authorization and the authorized person would be identifiable. The main and also the most convenient and practical way to transfer the right of representation is to do it through a suitable digital identification channel. These are Mobile ID, Estonian ID, e-resident ID, and Smart ID. European Union country ID cards are also suitable. It is important to have the right to log in to the systems of the Estonian state. If necessary, other less convenient and more expensive methods can also be used: power of attorney, lawyer’s client agreement, etc. Additional info:
Accounting (1)
An authorisation sets the limits for a representativeโs actions.
An authorisation is a defined set of rights that determines the scope within which a representative may legally act on behalf of the principal. It outlines what actions the representative is permitted to take and under what conditions, ensuring legal clarity and accountability for both parties.
It is essential for the Estonian Tax and Customs Board that the content of authorization would be understandable and the person granting the authorization and the authorized person would be identifiable.
The main and also the most convenient and practical way to transfer the right of representation is to do it through a suitable digital identification channel. These are Mobile ID, Estonian ID, e-resident ID, and Smart ID. European Union country ID cards are also suitable. It is important to have the right to log in to the systems of the Estonian state.
If necessary, other less convenient and more expensive methods can also be used: power of attorney, lawyer’s client agreement, etc.
Additional info:
Apostilled Documents (1)
Company liquitation (1)
Digital notarial services in Estonia and selected embassies.
EORI number (1)
An authorisation sets the limits for a representativeโs actions.
General (16)
Estonia is NO. 1 most entrepreneurial country in Europe (World Economic Forum) with the world’s most digitally advanced society
Understanding control under Estoniaโs AML Act.
Estonian law defines a beneficial owner as the real person who ultimately controls a companyโusually through shareholding of more than 25%, either directly or indirectly.Digital notarial services in Estonia and selected embassies.
Required for access to public services.
What you need to register:
Registering your address is a legal requirement and essential for accessing public services in Estonia.Smart-ID personal identification can be used today in Estonia, Latvia, and Lithuania. Anno 2023.
Customers can log into the client area and pay to renew their subscriptions.
An authorisation sets the limits for a representativeโs actions.
Multiple residences
Clarifying taxation rules for e-residents and Estonian companies.
Of course.
Package ONE (1)
Package THREE (1)
Package TWO (1)
Power of Attorney (1)
Taxis in Estonia (3)
Multiple residences
Clarifying taxation rules for e-residents and Estonian companies.
VAT number (1)
An authorisation sets the limits for a representativeโs actions.
