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To non-residents: When opening a bank account be ready to provide your tax ID (for residents of Latvia, Lithuania and Finland the tax ID nr will be your personal ID)

Buy an Estonian Company without visiting Estonia

We always suggest at least once visit Wasp Project to better understand the advantages and challenges of an Estonian company. However if this is not possible then we can arrange everything without your coming to Estonia (share transfer, change of board membership, arranging internetbanking access for the new board members, other changes related to the transfer of the company).

We prepare all paperwork and instruct you which documents need to be certified by a notary and apostilled.

Estonian limited company in brief

1. Minimal capital of 2500€

2. Transfer of ownership in 1 day

3. The member of board doesn't have to be a resident of EU

4. Company can be owned by non resident or a foreign legal person

5. Bank account and internet banking can be set up immediately

6. 0% Corporate Income Tax - 21% must be paid when profit is distributed

Why company in Estonia

1. 0% applicable corporate income tax rate (since 01.01.2000 all undistributed profit of your Estonian company is tax exempt, corporate income tax 21% must be paid when profit is distributed)

2. Easy to setup, change and wind up (you can get an already registered company for 420 € in a couple of hours, VAT registered companies are also available, you can get internet bank access the same day)

3. Low costs and easy to maintain (address service 300€/year, accounting services from 30€/month)