Did you know that Estonia has one of the lowest corporate income tax rates in the European Union? That’s right, companies registered in Estonia pay only 0% on their profits. If you’re looking for a good place to establish your business, open company in Estonia Estonia is definitely worth considering. In this blog post, we’ll take a closer look at the benefits of company formation in Estonia.
Advantages of establishing a company in Estonia:
-Estonia has a favorable business environment – transparent and simple regulation, low corruption, developed infrastructure and an educated workforce.
-The legal system is based on common law principles.
-The company formation process is straightforward and can be completed online in as little as 15 minutes.
-There are no minimum share capital requirements for private or public companies.
-There are no residency requirements for shareholders, directors or officers of Estonian companies.
-Shareholders, directors and officers can be individuals or corporate entities from any jurisdiction.
-Estonian companies can have one shareholder and one director who can also be the same person.
If you are thinking about starting a business in Europe, consider establishing your company in Estonia – it offers a favorable business environment, a straightforward company formation process, and no residency requirement for shareholders, directors, or officers of Estonian companies!