appreciate minimum bureaucracy.
Everything goes quick and fully digital in Estonia – from the founding act to regular tax declarations and annual reports.
smallest country in the world by land mass. But still more startups per capita than any other country in Europe and no. 3 in the world. Big names like Wise, Skype, Pipedrive and Bolt are among them.
in the World Bank’s Global Ease of doing Business ranking. Estonias stable democracy being a member of EU, NATO, WTO, OECD and Digital5 secures a safe and reliable business environment.
from all over the world run about 6,000 companies as of today. Most of them do this because of the hassle-free digital management, the access to the European single market and the competitive taxation.
Estonia has opened the access to its public services and legal system to everybody – even outside Estonia. This idea of “government as a service” let’s you open and run a company based in Estonia from wherever in the universe you are.
You just need to apply for e-Residency at e-resident.gov.ee and undergo some background checks. For a state fee of 100 Euro and in average eight weeks later you can pick up your five years valid e-Residency card at an Estonian embassy near you.
Silva Hunt as your company service provider on the ground cares for your accounting, access to local authorities and assistance for all your management and business development needs.
general tax rate: Personal income tax, VAT & corporate income tax on distributed dividends.
Tax advantages are not the biggest reason for running a business through Estonia. But it’s still quite a good one!
The tax system is as easy as it can be: One general tax rate which basically applies for everything with very rare exemptions: 20 percent on income, dividends and as value added tax (VAT). The attractive part: Companies’ profits are only subject to taxation when they are being distributed as dividends. Before that they remain untaxed inside the company.
For entrepreneurs with a long-term perspective this different paradigm makes a massive difference: When you’re growing wealth inside your company for your later retirement the capital gains stay untouched. The effect on the interest on interest rises year by year.
Compared to annually taxed companies like German GmbHs on a period of 30 years you might end up with the double amount. We’re happy to discuss our in-depth comparison spreadsheets with you!
OECD tax competitiveness
Partnering with our team of experienced local business people your start into your new location independent venture in the Estonia will be quick and hassle-free. Especially if you have advanced demands related to your business.
That’s what you’ve been looking for all these years? We will provide you perfect access to it!