The state fee for starting a company and making any amendments to company details in the Estonian Business Register is going to rise from 1 January 2022, based on the new State Fees Act passed by the Estonian Parliament on 22 November 2021. This is contrary to our own recommendations to instead reduce the state fees for e-services, including the online formation of an Estonian limited company. The fees do remain relatively low by international standards but we just want to give a quick overview of the changes.Read more
Starting from 1 July 2021, cross-border e-commerce and services to consumers will be taxed in a new way in the European Union. In this article, we examine what the new regime will bring to Estonian companies working with Amazon FBA and independent e-shops selling to consumers in multiple EU countries.
Starting an Estonian company online has never been easier. At Unicount, we’ve reduced it to a simple three minute task. While working with Estonian company founders over the past two years, we’ve noticed the same questions come up a lot immediately after their Estonian company is registered.
So we put together this list of ten of the most useful things to know.
Last year, the Ministry of the interior, the Police and Border Guard Board and BLS International Services Limited signed an agreement to increase the accessibility of the e-Residency programme in different parts of the world. As of today, digital e-Residency IDs will also be issued in Johannesburg, Singapore, São Paulo and Bangkok. In addition to issue points operated by BLS, e-residency digitaal ID cards are also issued at Estonian foreign missions. Digital IDs can currently be picked up at 50 issue points across the world and future plans include expansion to another fifteen destinations.Read more
You can start a company in Estonia within minutes, but when does it make sense to register a business and how to make all the right steps? Adam Rang, the Communications Director at Unicount, a top company formation agent in Estonia, shares recommendations on this topic.
Our friends at Nomad Gate have written an article that will give you a brief overview of the history of Estonian banking, as well as a list of recommended banks and fintech you for your Estonian company and what it takes to open accounts with them. It is a must read before registering a company in Estonia through e-Residency. Read more
The amendments to the Estonian Commercial Code that entered into force on the 1st of August 2020 simplified the attraction of investments and granting of share options, which makes Estonia more attractive to foreign investors and solves several problems that arose in practice.
Every Estonian company has to submit an annual report to the Estonian Business Register. This document is an overview of your company’s finances and activities in its previous financial year. All citizens, residents, and e-residents of Estonia that own companies are subject to the same rules, although the reports are simplified for micro and small enterprises.Read more
You can register Estonian company with Unicount in five minutes. Once you receive your company registration notification, here are the first steps you’ll probably want to take with your new company.
First of all download your registration certificate and shareholders data in English. These documents are often useful, especially when applying for banking, payment providers, or other services. Downloading them is free and takes just a minute or two.
For the registration certificate, go to the Estonian Business Register here, search for your company then select “Registry card”. This takes you to the registry card view where you can download machine translated English version as a PDF.