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Did you understand that Estonia has one of the lowest corporate income tax rates in the European Union? That's right, companies registered in Estonia pay only 0% on their profits. If you're buying good place to determine your organization, Estonia is certainly worth considering. In this blog post, we'll have a closer consider the great things about company formation in Estonia.
Features of establishing a business in Estonia:
-Estonia has a great business environment - transparent and simple regulation, low corruption, developed infrastructure and an educated workforce.
-The legal system is based on common law principles.
-The company formation process is straightforward and could be completed online in as low as 15 minutes.
-There are no minimum share capital requirements for private or public companies.
-There are no residency requirements for shareholders, directors or officers of Estonian companies.
-Shareholders, directors and officers could be individuals or corporate entities from any jurisdiction.
-Estonian companies might have one shareholder and one director who may also be exactly the same person.
If you should be thinking about starting a small business in Europe, consider establishing your company in Estonia – it supplies a favorable business environment, a straightforward company formation process, and no residency requirement for shareholders, directors, or officers of Estonian companies!
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