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Open a company in Estonia

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How to open a company in Estonia via the Internet

If you still managed to get the e-residen status and the coveted ID card, then you will have to take a few more steps to open a company in Estonia. Today we will consider the process of opening an OÜ

  1. Come up with a name. At first glance, this task seems simple, but when choosing a name, it is necessary to take into account the following requirements: uniqueness, use of the Latin alphabet (no symbols, only letters), unlike other names already registered in Estonia. To check the similarity of the invented name with others, you can use special services.
  2. Selection of the main form of activity (EMTAK code). This is necessary in order to display the economic indicators of your company in Estonian and European statistics.
  3. Enter a special service using your existing ID card and take a few more steps: 1) enter contact information, address, phone number, indicate citizenship; 2) enter the EMTAK company code, its contact details; 3) sign an application using an ID-card; 4) pay the required amount using a bank card or arrange an installment plan.
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Who can open a company in Estonia via the Internet?

The so-called E-residents of Estonia have this opportunity. Citizens of other countries, after certain actions, can become electronic residents of the jurisdiction. As proof of this, they are given an E-resident’s digital ID-card, which can be used to open a company in Estonia via the Internet.

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