Estonia LP

A limited partnership is a company in which two or more persons operating under a common business name, and at least one of the persons (general partner) is liable for the obligations of the limited partnership with all of the general partner’s assets. At least one of the persons ( the limited partner) is liable for the obligations of the limited partnership to the extent of the limited partner’s contribution.

A limited partner does not have the right to manage or represent the limited partnership unless the partnership agreement prescribes otherwise. A limited partner who has paid a contribution in full is not liable for the obligations of the limited partnership and he or she is entitled to the corresponding part of its profits.

Estonia Limited Partnership Company Key Features

  1. At least one of the persons (general partner) is liable for the obligations of the limited partnership with all of the general partner’s assets.
  2. At least one of the persons ( the limited partner) is liable for the obligations of the limited partnership to the extent of the limited partner’s contribution.
  3. A limited partner does not have the right to manage or represent the limited partnership.
  4. A limited partner who has paid a contribution in full is not liable for the obligations of the limited partnership and he or she is entitled to the corresponding part of its profits.

Estonia Limited Partnership Company Legal Requirements

Estonia LP

Corporate Details

General

  • Type of Entity

Limited Partnership (LP)

  • Registered Office in Estonia

Yes

Share capital or equivalent

  • Standard currency

USD

  • Permitted currencies

Any

  • Minimum paid-up

No minimum

  • Usual authorized

USD $50,000

Directors | Officers | Partners

  • Minimum number

2

  • Local required

Yes (1 general partner/director)

  • Publicly accessible records

Yes (although limited partner details are confidential)

  • Location of meetings

No

  • Corporate directorship allowed

Yes

Company Secretary

  • Required

No

  • Local or qualified

N/A

Accounts

  • Requirements to prepare

Yes

  • Audit requirements

No

  • Requirements to file accounts

Yes

  • Publicly accessible accounts

Yes

Estonia Limited Partnership Tax Treatment

An Estonian LP Shall not be subject to any income tax, withholding tax, or other taxes based upon or measured by assets or income originating outside of Estonia or in connection with other activities outside of Estonia

Estonia Limited Partnership Duration of Set up

Around 2 Weeks

Estonia Limited Partnership Distinctive Benefits

  • Friendly regulatory environment as Estonia is a politically stable country
  • Estonian LP Shall not be subject to any income tax, withholding tax, or other taxes based upon or measured by assets or income originating outside of Estonia
  • Ease and speed of establishment in Estonia
  • Flexible structuring of the entity in Estonia
  • Favorable compliance restrictions in Estonia

The Valsen Advantage

  1. End to end comprehensive service
  2. Speedy and efficient service
  3. Expert advice on structuring options
  4. Dedicated ongoing compliance support
  5. Extensive network pool of service providers