Estonia company registration process, what to pay attention to when registering an Estonia company

Advantages of doing business in Estonia:

Flexible tax system.

Retained earnings are taxed at 0%. Companies in Estonia can acquire vehicle and real estate ownership tax-free. There is no progressive tax in the tax system, and the tax rate does not increase as the taxable base increases.

In addition, Estonia has international agreements for the avoidance of double taxation with 59 countries.

Low maintenance.

Once you have started a company in Estonia, the annual cash outlay required for subsequent maintenance of your company is minimal, as is the maintenance of your corporate bank account, and you can easily open an account in any European payment system.

At the same time, there is no value-added tax (VAT) when dealing with European partners.

Ease of doing business.

Estonia ranks third in Europe in terms of start-up countries and is also among the easiest countries in Europe to do business. Foreign nationals can create an electronic residency or become a company founder and board member.

The cost of company registration is low.

The cost of setting up a company in Estonia is low, with a registered share capital as low as €0. At the same time, the standard share capital is €2,500 and can be deferred. You don't need to make a capital contribution to start a company, and you can pay the 2,500 euros when you have the funds.

Eligibility for a residence permit for non-local residents.

The board members of a company doing business in Estonia have the right to apply for an Estonian residence permit for up to five years if they are foreign citizens.

Documents required for Estonia company registration.

1.Company name: The company name must be written in the Latin alphabet, try not to use special characters and symbols, and it is best to provide 3 alternative names.

2.ID cards, passports, address certificates of directors and shareholders, and if the domestic parent company is the controlling shareholder, the parent company registration documents need to be submitted.

3.The company's email address (which can be personal).

4.Activities and purposes of the company.

5.Notarization of name, address, email address, and passport copies of shareholders and directors.

6.Drafting of articles of association.

8.Delegate authorization signature.

9.Opening a bank account in Estonia is mandatory, and the account is used first for the deposit of share capital and secondly for financial operations after the completion of the company's registration.

To establish a company, it is necessary to apply to the company registration authority for establishment registration in accordance with the law, and the company shall engrave a seal with its business license, open a bank account, and apply for tax registration. At present, China's company registration authority is the administrative organ for industry and commerce. From 1 March 2014, the threshold for incorporation will be lowered.

On December 28, 2013, the sixth meeting of the Standing Committee of the Twelfth National People's Congress decided to amend the Company Law of the People's Republic of China, change the paid-in registration system of the company's registered capital to the subscription registration system, and cancel the minimum amount of registered capital.

The following information is required:

1. The name of the Estonian company, the name of the Estonian company is the same as that of the Chinese company, and it can only be used after passing the name verification;

2. The detailed business scope of the Estonian company;

3. Certified copies of passports of shareholders and directors;

4. Certified proof of address of shareholders and directors (utility bills, bank statements);

5. Shareholders and directors before registering a company need to sign statutory documents, which can be prepared by Dennet, and statutory documents must be written in Estonian and notarized.

and obtain a cryptocurrency license.

Approximate cost process.

Step 1: Company registration.

Contact and legal address services for one year.

State obligations. Shareholders Translation of the power of attorney and application of the members of the management committee.

Step 2: Submit the application to the FIU.

The company's management committee must be located in Estonia and the company must have a local (Estonian) anti-money laundering** to be able to represent the company in the Financial Intelligence Unit. The individual member of the board of directors and AML** must be the same person, and the shareholder may act as the company's prosecutor or have the power to appoint a prosecutor (a person who has the authority to represent the company).

The actual local office, you can also pay directly to the landlord.

The authorized capital is 12,000 euros and assists in the registration of share capital.

The company must have a corporate account in the EEA and the cost of assisting with an EMI account opening (excluding bank charges and a set of documents for the company).

Step 3: Obtain a cryptocurrency license.

Application. Carry out the entire process of obtaining a cryptocurrency license.

Anti-money laundering procedures, anti-money laundering policies, and other documents.

After we receive all the necessary documents from you, the general total time to register a company + obtain a license: 60-90 days.

Estonia's investment environment and advantages.

1. The political situation in Estonia is generally stable, the legal system is relatively sound, and the investment environment is good;

2. There is no foreign exchange control, no restriction on international payment, and any currency can be freely convertible, remitted and remitted;

3. Pay attention to attracting foreign investment, implement national treatment for foreign investment, and implement zero tariff and free policy;

4. No income tax is charged on the part of enterprise profits used for reinvestment, which is conducive to enhancing product competitiveness.

5. Estonia's geographical location is very advantageous, and our culture blends the cultures of Northern and Eastern Europe, coupled with fast investment procedures and good infrastructure construction, which make Estonia one of the leading countries in the world to attract investment.

6. How to choose an investment advantage industry in Estonia? The Estonian Enterprise Agency promotes three major sectors to Chinese investors: industry, agriculture and tourism.

Types of company registration in Estonia:

1. Representative office: the foreign parent company or its authorization submits the required documents on behalf of the Estonian Commercial Register to apply for the registration of a representative office. The documents should include the parent company's qualification certificate, power of attorney of representatives, articles of association, financial reports, etc.

2. The branch shall be registered and established by the foreign parent company or its delegate to the Estonian Commercial Registry;

3. Limited liability company: A limited liability company can be established by one or more people, and the shareholder can transfer the shares to other shareholders, and the other shareholders have a limited right to purchase when the shares are transferred to a third party. Since 2011, it has been stipulated that the registered capital of such enterprises shall not be less than 2,500 euros, and the capital account must be opened in a designated bank.

4. Shares: Shares can be established by one or more natural or legal persons who need to subscribe for shares. Since 2011, it has been stipulated that the registered shares**** shall not be less than 25,000 euros in share capital;

Documents required for company registration in Estonia:

1. Company name, provide 1-3 names, need to check the name first;

2. Detailed business scope;

3. ID card, passport and address certificate of shareholders and directors;

4. Sign the statutory documents, which need to be written in Estonian and notarized;

5. Estonian company registration cycle: about 15 working days;

1. Estonian trademark registration can be handled directly through the Estonian Patent Office;

2. As a member of the European Union, the Estonian trademark registration can also be handled by registering the EU trademark;

3. Estonia, which joined the Madrid Protocol on November 18, 1998 and became a member of the Madrid System, can also register its trademark by way of Madrid international trademark registration.

Estonia is a Madrid member state and it is advisable to file an application for the registration of a Madrid trademark. Of course, the premise is that the applicant needs to have submitted an application for trademark registration in China, and the trademark has obtained a notice of acceptance or a trademark registration certificate, before the trademark can be used as the "basic mark" to submit an international trademark registration application that is completely consistent with the "basic mark" to WIPO through the Trademark Office.

Process: Submission of the application – issuance of the international registration certificate by WIPO – substantive examination by the trademark office of the designated country – Examination completed within 12 months for members of the Agreement and 18 months for members of the Protocol.

1. Verify the name. Prepare the ID cards and company names of the legal person and shareholders. Bring the ID cards of the legal person and shareholders to the Industrial and Commercial Bureau for name verification, and take the company name to the window of the Industrial and Commercial Bureau for name verification; After the initial verification is passed, wait for the notice of name verification;

2. Apply for a business license.

After the name verification notice is issued, you need to fill in the basic information form for applying for a business license, and then draft the resolution of the shareholders' meeting for the establishment of the company and let the shareholders sign and press their fingerprints.

3. Engraving seals. After the issuance of the industrial and commercial business license, prepare the original legal person ID card and submit it to the industrial and commercial department and the public security department for filing and engraving (including: official seal, financial seal, and legal person seal); The cost of engraving is unified, but according to the different materials, the better the material, the higher the relative will be, this depends on the personal situation and hobbies, there is no hard and fast rule.

4. Bank account opening.

After the business license and engraving are done, you need to bring it to the bank to apply for opening a corporate account (any bank, but the fees and processing time of each bank are different, subject to the bank's regulations), which can be compared and selected by yourself. The four major banks (industry and commerce, agriculture, construction, and China) generally charge 1,000 to 1,500 yuan per year (for reference only).

5. Tax registration.

When going through the bank account opening process, while waiting for the account opening permit, you can first bring the original copy of the license and the official seal and other materials to the relevant tax bureau to do national and local tax reporting, tax identification, and sign the network deduction agreement. The national tax report is relatively simple, you only need to provide the basic information of the company, and then the local tax report may pay a certain amount of real estate tax.

Information required for company registration:

1. The name of the company (Shenzhen + trade size + industry + ****).

2. Company address (the address needs to provide accurate street and road).

3. ID card information of legal persons, supervisors and shareholders.

4. Investment ratio (more than two shareholders provide accurate proportions).

5. Registered capital (subscription system is implemented).

6. Personal U shield of legal persons, supervisors, and shareholders (to be handled by the four major banks in Shenzhen or Ping An Bank; If you are not in Shenzhen, you can apply for a Shenzhen CA digital certificate).

7. The company's business scope.

1. Verify the name. Go to the industrial and commercial bureau to get an "application form for pre-approval of enterprise (trade name) name".

2. Renting a house. Go to a special office building to rent an office, if you have your own factory or office, you can also do it, some places are not allowed to work in residential buildings.

3. Prepare the "Articles of Association".

4. Engrave private seals.

Go to the place where the seal is carved on the street and carve a private seal.

5. Registered company:

Go to the industrial and commercial bureau to obtain all kinds of company establishment registration, including the application form for establishment registration, the list of shareholders (promoters), the supervision of directors and managers, the registration form of legal representatives, and the registration form of designated representatives or entrusted persons.

6. Go to the engraved seal company designated by the Public Security Bureau with the business license to engrave the official seal and financial seal.

7. Apply for the first certificate of enterprise organization.

With the business license, go to the Technical Supervision Bureau to apply for the organization ** certificate.

8. Go to the bank to open a basic business license, organization certificate, go to the bank to open a basic account to open a basic account need to fill in a lot of forms, you had better bring all the things you can bring, or you have to run many times, including the original business license, ID card, organization certificate, public financial seal, legal person seal.

9. Handle tax registration.

After receiving the license, apply for a tax registration certificate at the local tax bureau within 30 days. Generally, companies need to apply for two types of tax registration certificates.

10. Apply for purchase invoices.

If your company sells goods, you should go to the national tax to apply for an invoice, and if it is a service company, you should apply for an invoice from the local tax.