How to Grant Access to Services for Your Accountant in Estonia

How to Grant Access to Services for Your Accountant in Estonia: A Step-by-Step Guide

Estonia, Starting business, Laws, Running business, Business environment, Company, Virtual office, Legal, NewsLeave a comment

Starting your own business is an exciting and rewarding journey. Whether you’re launching a small venture or aiming for bigger goals, getting the basics right is crucial. In this guide, we’ll explore some key steps and requirements for new UK entrepreneurs, including how to choose a business name, whether you need to register for VAT, understanding confirmation statements, and the responsibilities of a company director.

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.

contracts for starting businesses

TOP 5 contracts for starting businesses

Estonia, Laws, Running business, Company, Legal, NewsLeave a comment

Congratulations on completing your company setup! Setting up your company in Estonia is an exciting milestone, but it’s just the beginning. As you prepare to open bank accounts, hire staff, and finalise deals with suppliers and clients, ensuring your contracts for starting business are well-prepared and legally sound is crucial. In this article, we provide essential tips and legal insights to help you navigate the contract preparation process successfully, minimise risks, and establish strong business relationships.

how to finance your company

My company is closed by the government. What next?

Laws, Estonia, Running business, Company, Legal, NewsLeave a comment

In 2023 Estonian government introduced legislation that gave the business register the authority to delete companies in case their owners fail to comply with the legislation. Business register monitors if directors of the company fulfill their legal obligations and if they fail to do so, register may delete the company. Deleting takes place on two occasions:

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.