Company Formation in Estonia: An Operational OÜ, Ready for Business

A ready-made Estonian OÜ transferred to you with the essentials in place: a registered address in Tallinn, help choosing a bank or EU fintech account and preparing the application, and accounting set up with our partner accountants. You can start working in Estonia without waiting for a new registration.

A ready-made OÜ is already entered in the e-Business Register, so there is no wait for a new registration in Estonia. If you need a specific name, the company can be renamed after the transfer through a registry amendment.

A ready-made company that is already registered for VAT in Estonia. Its VAT number is valid across the EU, so you can invoice EU business clients from day one without waiting for a VAT registration. Availability is limited, so please ask us for the current options.

The operational company package starts from €2,500 and a VAT-active company from €4,500. A new registration on its own starts from €1,480, with the setup services added separately. Running costs: mail handling and forwarding on request, accounting and tax reporting on request and business consultation with a lawyer €280 per hour. We provide a detailed quote for your project.

Yes. Estonian law sets no nationality or residency requirement for shareholders or board members. Opening a bank account depends on each bank’s own onboarding rules.

You sign the power of attorney before a notary public in your country. For use in Estonia it usually also needs an apostille if your country has joined the Hague Apostille Convention, or consular legalisation if it has not.

No apostille is needed for documents from Latvia, Lithuania, Poland and Ukraine (legal assistance treaties with Estonia) or from Belgium, Denmark, France, Ireland and Italy (1987 Brussels Convention). See the Chamber of Notaries; we confirm what applies to your country.

Yes, for a new registration, subject to availability: check it in the e-Business Register name search, and we confirm it before filing. A ready-made company can be renamed after the transfer.

Yes. Annual reports are filed with the e-Business Register online and tax returns through the Tax and Customs Board’s e-services, so the company can be run from anywhere. Board members can sign digitally with an e-Residency card or Estonian ID.

No. You can sign through a power of attorney or a notary. e-Residency is useful later, because it lets you sign documents and manage the company online; see our e‑Residency guide.

The company’s seat must be in Estonia and its address is shown in the register, where official letters are sent. A foreign address is only possible with an Estonian contact person. Our packages include a registered address in Tallinn.

Estonian banks require a board member to meet them in person; an account cannot be opened by proxy. For a quick start, most of our clients open an account online with EU providers such as Revolut, Wise or Paysera, and add a local bank later. We support you through both, but the bank makes the final decision.

Every OÜ files an annual report once a year, whatever its size; small companies need no auditor. VAT returns are monthly, as are payroll returns when you have employees. Our accounting partners can handle all of it.

Yes. Our partner accountants handle bookkeeping, VAT and payroll returns and the annual report, with a fee that follows your volume, so your company stays compliant after formation.

Usually 1 to 2 weeks from the point we have received all required documents, including the signed power of attorney. That covers preparing and translating the documents, filing, and processing by the e-Business Register (up to 5 working days).