OÜ vs MTÜ

OÜ vs MTÜ: A Comparison of Benefits, Requirements, and Limitations

Estonia, Starting business, Sweden, Finland, Legal

When deciding between an OÜ and an MTÜ, understanding their differences is important. Both have unique legal structures, benefits, and obligations that can significantly impact how your organisation operates. An OÜ is ideal for profit-driven ventures, offering flexibility and limited liability, while an MTÜ is designed for non-profit activities, requiring at least two founders. In this article, we’ll explore the key pros and cons of each to help you choose the right structure for your goals.

Holding Company in the UK

Understanding Holding Companies in the UK: Benefits and Registration Process

Starting business, Running business, Business environment, UK, Company, NewsLeave a comment

A holding company, also known as a parent company, is primarily established to own shares in other companies. Unlike traditional operating companies, holding companies usually do not produce goods or services themselves. Instead, their primary function is to control or manage other businesses’ assets and operations.

Customer Success Story: E-commerce Insights from 1Office Customer

Amazon, E-commerce, Estonia, Starting business, Running business, Business environment, Company, NewsLeave a comment

E-commerce has revolutionised the way businesses operate, offering unparalleled access to global markets. Estonia, with its advanced digital infrastructure and business-friendly environment, is an ideal location for setting up and running an e-commerce enterprise. Known for its innovative e-government initiatives and widespread internet connectivity, Estonia provides a robust platform for online businesses to thrive. The country’s streamlined processes for company registration and efficient digital services make it easier for entrepreneurs to establish and manage their e-commerce ventures. In this dynamic landscape, Estonia stands out as a hub for digital commerce, offering numerous opportunities for growth and success. We met with Mr Zhu Tiezhong, an entrepreneur actively involved in e-commerce, to discuss his activities and future plans.

Business Register

Understanding the role of the Estonian business register

Estonia, Starting business, Laws, Running business, Company, LegalLeave a comment

The Estonian Business Register serves as the official repository for all legal entities registered within Estonia. It acts as a central database, providing comprehensive information about businesses, including their structure, ownership, and key details required for legal compliance. This vital resource plays a pivotal role in facilitating business operations, ensuring transparency, and promoting trust within the Estonian business ecosystem. From startups to established enterprises, the Estonian Business Register serves as a cornerstone for business activities, offering a reliable platform for accessing essential information and maintaining regulatory compliance.

OÜ vs MTÜ

Boost Your Business: Year-End Company Health Check Guide

Ireland, Estonia, Starting business, Sweden, Running business, Finland, UK, Latvia, Lithuania, Company, NewsLeave a comment

Starting a business is an exciting endeavour, but before you can officially launch, you’ll need to set up a business bank account. This crucial step not only keeps your personal and business finances separate but also lays the foundation for financial stability and growth. In this guide, we’ll walk you through the process of successfully applying for a business bank account.

Starting a company in Estonia

The Guide to Successfully Applying for a Business Bank Account

Estonia, Starting business, Running business, Banking, Company, NewsLeave a comment

Starting a business is an exciting endeavour, but before you can officially launch, you’ll need to set up a business bank account. This crucial step not only keeps your personal and business finances separate but also lays the foundation for financial stability and growth. In this guide, we’ll walk you through the process of successfully applying for a business bank account.