Why Annual Report in Estonia Are Essential for Businesses What Makes Annual Reports Vital in Estonia? If you’re running a company in Estonia, there’s one document that holds a special place in the business landscape—the annual report. Annual report in Estonia are much more than administrative formalities—they are essential for legal compliance and building…
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.
After Brexit, it has become even more popular to set up a company in Ireland, especially for UK residents. In this article we will look in more detail at why you should start a business in Ireland as a UK resident, what are the differences between a UK and an Irish company and how to start a company in Ireland.
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.
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.
Selling shares in Estonia requires careful navigation of legal procedures to ensure a smooth and compliant transaction. E-residents can handle share transfers remotely via the e-Notary system, while non-residents may need to participate in person or through a power of attorney. In this article, we’ll explore the key requirements, associated costs, and steps for updating the Business Register after a share sale.
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.
Hiring employees for your Estonian company can be straightforward, involving just the signing of a contract and registration with the tax office. However, if you seek talent from outside the EU, the process might require additional steps.
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.
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.