Estonian Company: Access EU Markets
An Estonian company provides reliable and easy access to EU markets.
Benefit from Estonia’s unique business environment and tax system which optimises time and money for growth.
The number of businesses, startups, digital nomads and investors who incorporate an Estonia company grows rapidly, with 25% foreigners.
Here are 5 ways you can benefit from an Estonian company:
1. Access EU Markets
An Estonian company can trade freely within the European Union, a single market of 450 million consumers and EUR 18 trillion annual output.
Estonian laws and procedures are closely aligned with EU countries – in some cases interoperable – reducing friction when you access EU markets.
Estonia has double taxation treaties with EU countries to simplify tax management.
2. Access the Eurozone
Estonia has been a member of the Eurozone since 01.01.2011.
The Euro is the official currency of 21 EU member states, making it easier and cheaper to trade across borders.
An Estonian company is not obliged to trade in Euros, but as one of the world’s largest currencies, it reduces the costs and volatility associated with weaker currencies.
3. Advanced Digital Infrastructure
Advanced digital infrastructure, including the ability to form an Estonian company remotely using eResidency.
State, commercial and financial services are digital-first and available in multiple languages, making it easy to incorporate in Estonia.
Electronic identity and digital contracts are standard, allowing you to reduce paperwork and manage your Estonian company securely.
4. Attractive Tax System
Estonia is one of the most competitive tax systems globally.
Corporate income tax is payable only when profits are distributed and 0% at all other times. An Estonian company is incentivised to re-invest and determines when its tax arises based on realised profits, not pre-payment based on estimates.
Corporate income tax is calculated on a 22/78 basis, about 28% effective, which is competitive by European standards.
Estonia’s tax system has a flat structure, which simplifies administration.
5. Affordable Company Management
You can form an Estonian company (Osaühing (OÜ)) with a minimum share capital of just €0.01 per shareholder.
Start-up costs to incorporate in Estonia are low, approximately EUR 415 in state fees for eResidency and company formation.
Operating costs are also low, from EUR 1,000 for accountancy and representation. Additional taxation and annual reporting may apply.
Incorporate in Estonia: TrustBooks Services
TrustBooks provides accountancy, taxation and consulting services. Our professional staff have extensive experience to help you incorporate in Estonia and access EU markets, arrange a free consultation.
