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.

contracts for starting businesses

TOP 5 contracts for starting businesses

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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?

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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

Laws, Estonia, Starting business, 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.

share capital requirements

Understanding Changes to the Estonian Commercial Code Regarding Share Capital Requirements

E-commerce, Estonia, Laws, Running business, Banking, Company, Legal, NewsLeave a comment

Starting from February 1st, 2023, there are some important changes to the Commercial Code. Instead of previous minimum share capital requirement 2500EUR, now there is no minimum capital requirement. As the smallest nominal value of a share is one euro cent, the share capital must be at least one cent from February onwards.