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A company in Estonia is the first step on the way to internationalization. Establishing and registering a company in Estonia and buying a ready-made company in Estonia is very simple and fast these days, especially if you have e-citizenship or an Estonian ID card. For others, starting a new company is a little more laborious, and that is why law and consulting offices have been born in Estonia, which help the Estonian company to succeed with ease.
We want to stand out from other companies in the field by offering the most comprehensive and personal services and consulting possible to those planning to start a business in Estonia. An example of this is the Basic ready-made companies produced by Ryynänen Consulting OÜ, which allows you to start your business today and give a professional image of your company. We also succeed in setting up a holding company in Estonia.
See here for a list of ready-made companies that are immediately available. The company in Estonia succeeds easily through us - either by coming on site or from your home sofa!
Establishing a new company is nowadays the easiest and fastest way to get the comapy to Estonia. If there will be many shareholders in the company or it is known that the shares of the company will be sold in the future, we recommend to mark the share capital as €10,000. Then in the future there is no need to sell company shares through a notary. The €10,000 in question does not actually have to be paid to the company - it is enough for the confirmation that the company has the amount in question. The articles of association must also state that the company waives notary confirmation when selling the company.
On the other hand, our ready-to-operate ready-made companies have been established for the purpose of sale, and have not been engaged in any previous business, unless otherwise stated. The ready-made company is already registered in the Estonian Trade Register and operations can be started immediately.
All the finished companies we offer are limited liability companies in the form of which the required share capital of € 2,500 has already been paid, which has naturally been taken out of the company before being sold to a new owner.
You need an Estonian e-citizenship card or an Estonian identity card, card PIN codes and a reading device here. You must also install the ID card reading program and its extension on your computer. Both programs can be found at www.id.ee.
Whole process takes about 3-4 hours. Note: the company's share capital is marked as paid.
For extra charge:
This package is suitable if you do not have an Estonian e-card and do not want a ready-made company.
Whole process takes about 3 hours. Note: this package requires a visit to Tallinn once or a power of attorney for us. The power of attorney must be confirmed by the magistrate and must be with the apostle. We are preparing a proxy base. The company is established without paying the share capital. The share capital must be paid, for example, only when dividends are raised from the company.
For extra charge:
This is suitable when you are in a hurry to set up a company and you need a y-ID to use immediately. Share capital of €2,500 has also been paid to the company in terms of accounting.
Whole process takes about 4 hours. Note: this package requires a visit to Tallinn once or a power of attorney for us. The power of attorney must be confirmed by the magistrate and must be with the apostle. The share capital of 2500 € is paid.
For extra charge:
The deeds are signed and certified at a notary's office in Tallinn. The notary translates the trade books into English. The notary is available to us every weekday of the week, so the trading session can be held at best within 24 hours of your order. After the trading session, we can open an account on a fast schedule. The company will be opened in Estonia and the bank account will be opened within a maximum of 5 days and your business can start immediately after that. The debit card will arrive in the mail within 5 working days of opening the account.
You can also buy an Estonian company “remotely” without having to come to visit Tallinn. There are two options for this:
1. We sign the deed of sale electronically. This requires that you have a valid Estonian e-citizenship card or Estonian identity card and associated PIN codes. You can also open a bank account remotely here.
2. You send us a power of attorney, which is confirmed by the local register office. Based on the power of attorney, we do business for you. You can also open a bank account remotely.
Buying a ready-made company in Estonia is considerably safer than, for example, in Finland, because in Estonia a public notary always confirms that the company has not carried out any previous business activities before the change of ownership.
We speed up our customers' process by constantly registering new companies, which are usually ready for a new entrepreneur to use without a name change. A ready-made company is suitable when you are in a hurry to start a company and you need a y-ID to use immediately. Share capital of €2,500 has also been paid to the company in terms of accounting
The most common form of company in Estonia among small and medium-sized enterprises is OÜ. For larger companies, we also offer the establishment service of the Estonian limited company AS.
A ready-made company is the easiest and fastest way to set up a company in Estonia. Our ready-to-operate companies have been established for sale and have no previous business operations.
They are pre-registered in the Estonian Trade Register and the company's new owners can start operations on a fast schedule.
All the companies we offer are limited liability companies, to which the required share capital of € 2,500 has already been paid, which has naturally been taken out of the company before it is sold to a new owner.
Over the years, Estonian banks have steadily tightened their account opening policies in line with EU and US anti-terrorism and anti-money laundering laws. Banks use the Know your customer (KYC) process, which allows the bank to decide whether or not to open an account. It is often advisable to seek a preliminary ruling from a bank regarding the opening of an account. When you provide the bank with sufficient and convincing starting information (business plan, CV / LinkedIn, Estonian partners, a letter of recommendation from your home bank), account opening is usually successful. Banks require that the company has a business in Estonia or that the business owner resides in Estonia.
The bank will also charge € 200 for opening an account if the customer does not have an Estonian ID card. When you provide the bank with sufficient and convincing initial information, opening an account is usually successful without any problems.
As traditional banks have tightened their policies, the so-called corporate account providers have grown in popularity because it is easier for them to open a bank account. It is not a bank, but a payment institution licensed by the Financial Supervisory Authority. However, the company receives a bank account and a debit card, as in a traditional bank, but the payment institution does not grant a loan.
Here are answers to some frequently asked questions. Please contact us for more information.
Yes. The tax law may say the following: A company operating abroad is considered to have a fixed establishment abroad.. Whenever the company's management and administration are carriedabroad from a fixed establishment.
If you want to avoid paying taxes abroad for a permanent establishment, 51% of the company's ownership should be outside outside of your home country.
An Estonian company may operate abroad, but in certain cases the company may have a permanent establishment there. In that case, the taxation and fees of the permanent establishment will go according to that country law.
The branch may be successfully established. The following documents are required:
The name of the company will be “Your company name Eesti Filiaal”.
Companies are following:
Yes, you can. One of our most important businesses is the sale of turnkey companies, and we have been doing this for a long time. If we didn’t sell completely clean businesses, our reputation would have gone and we would certainly have already had to close our doors. You can check the background of the companies for sale in the Trade Register at www.rik.ee. The company's notarized contract of sale also states that the company has not carried on any previous business. But if this does not convince you, we will be happy to help you set up a completely new company in Estonia. Ask more!
Ryynänen Consulting OÜ
Tornimäe 5, 10145 Tallinn ESTONIA
info@ryynanenconsulting.com
Reg. nr: 11984755
VAT: EE101607836
CEO: Ville Ryynänen
Phone: EST +372 56 46 44 58
Phone: Fin +358 40 1890 710
ville@ryynanenconsulting.com
Skype: viller155
