Estonia Public Limited Company
Estonia Public Limited Company – Aktsiaselts (AS)
Estonia’s economy has boomed in recent years as it has pursued a liberal business agenda in preparation for EU membership, which was finally achieved in 2004. Foreign investment has flooded into this small Baltic state enabling it to create a relatively relaxed environment for the international business community. However, Estonia is still developing and investors considering establishing a company in the country should tread carefully. It is particularly important here to seek professional advice on all legal, financial and tax matters. We have a network of carefully-selected local advisers, so please contact us for assistance regarding company registration in Estonia.
Key Features
Advantages
Estonia Public Limited Company |
Corporate Details |
General |
|
|
PLC |
|
Yes |
|
Yes |
|
1-2 Days |
|
24% |
|
Yes |
Share capital or equivalent |
|
|
Euro |
|
Any |
|
€2,550 |
|
€25,500 |
|
Yes |
|
Yes |
Directors |
|
|
One |
|
No |
|
No |
|
Anywhere |
|
Yes |
Shareholders |
|
|
One |
|
No |
|
Yes |
|
Anywhere |
Company Secretary |
|
|
No |
|
Not required |
Accounts |
|
|
Yes |
|
Yes share capital exceeds EEK 400,000 (€25,500) |
|
No |
|
No |
Other |
|
|
No |
|
Yes |
- Political stability:Estonia is a democratic and peaceful state, and the country’s stability and international credibility are further underpinned by its membership of the EU, the WTO and NATO.
- Economic stability:Although economic growth has slowed of late, the Estonian Government welcomes foreign investment with open arms, a policy reflected in the country’s favorable flat tax system. Sound macroeconomic management has led to a strong banking system, and while the euro has brought costs, such as labor costs, more into line with the rest of the EU, they remain broadly lower than in Western Europe.
- Location:Estonia is situated at the crossroads of Eastern Europe, Russia and Scandinavia and is well connected to these territories by sea, road and air.
- Tax:Corporate and personal income taxes are comparatively low and simple thanks to the introduction of a flat tax, while corporations pay no tax on undistributed and reinvested profits. Withholding taxes are also favorable, and Estonia has a large network of double tax avoidance treaties. Estonia is therefore an ideal hub for export, trading and holding company activities.
- Technology:Estonia has invested fairly heavily in telecommunications infrastructure.
- Speedy, Efficient and consistent Services.
- Relentless effort to obtain bank accounts.
- Expert advice on structuring options.
- Dedicated ongoing compliance support.