set up a ltd in estonia
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SET UP A LTD IN ESTONIA
A presentation brought to youby LawyersEstonia.com
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LTD in Estonia -Context
• The most popular form of company preferred by foreign investors is the limited liability company.
• The Estonian statistics show that over 130,000 private limited liability companies were registered last year.
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Registering a LTD in Estonia >>
• The first step in order to register a limited liability company in Estonia consists in choosing the name for the business.
• The name must be in the Estonian language or Latin and can not contain characters that are not in the Estonian alphabet.
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>> Registering a LTD in Estonia
• The shareholders must then register the office and the business address of the company in order to receive the mail business.
• The headquarter of an Estonian LTD can be registered in many buildings, among which even a multi-apartment house, in the context of quiet activity which does not disturb the neighbors.
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Registration with the Estonian Commercial Register >>
• An important phase in order to register a limited liability company in Estonia consists in the registration with the Estonian Commercial Register.
• The registration with the Estonian Commercial Register can be completed online and certain fees must be paid in advance.
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>> Registration with the Estonian Commercial Register
• There are certain documents which must be enclosed when registering a limited liability company in Estonia: the Memorandum of Association; the Articles of Association; the certificate issued by the bank for the
deposit of the share capital; personal identification data for the
shareholders; a notarized expression of each member of
the board; information about the main activity of the
company.
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The Minimum Share Capital of a LTD in Estonia
• In order to register a limited liability company in Estonia, the investors must also deposit the minimum share capital, in amount of EUR 7,500.
• The share capital may be in cash or real estate, movable assets, property rights and other goods in the limit provided by the law.
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Shareholders of a LTD in Estonia
• The shareholders of a limited liability company in Estonia must also draw up the Articles of Association and the Memorandum of Association.
• These documents contain the company’s objective, domain of activity, the shares owned by each shareholder and other important information related to the company’s activity.
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VAT Payment of a LTD in Estonia
• Another aspect of the registration of a limited liability company in Estonia is the compliance for VAT payment.
• Thus, any company with an annual turnover exceeding EUR 16,000, excluding import of goods, must register for VAT purpose.
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Company Formation in Estonia
• Opening Estonian companies is a complex matter that usually requires the advice of a company formation specialist.
• Please contact our company formation specialists in Estonia for more information about the Estonian limited liability companies.
Thank you for your attention!
Please contact us for more information at:
(+44)203-287 0408
[email protected] http://www.companyincorporationestonia.com/
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