In Estonia, there is an open registry where your name, surname, and personal identification code (or date of birth if the identification code is not available) are published.
It is not possible to change the activity code of the company after incorporation. The changes are only made during the annual report submission, reflecting the company's actual activity at that time.
Please be advised that the use of nominee services in Estonia is not permitted. However, if you require local representation, you can consider hiring a local part-time director.
It is mandatory to contribute to the share capital at the time of incorporation.
You can decrease share capital through either a simplified or standard procedure, but an economic justification is required. Simplified reduction is typically allowed only to cover losses when a private limited company lacks sufficient profit and reserve capital and has no other reserves. Section 460¹ of the Commercial Code also permits this during a merger when reducing the share capital of the merging private limited company is necessary. However, in simplified reduction, payouts or dividends to shareholders are prohibited for the financial year in which the reduction decision was made and the following two financial years. Please do not hesitate to to reach our legal experts to find out more information about it via info@legixlaw.eu
During remote incorporation, the standard articles offered by the commercial register do not provide for non-monetary contributions. In order to allow non-monetary contributions, the first step will be to amend the articles. Once the register approves the amended articles, we can proceed with the payment of cryptocurrency as a non-monetary contribution. Our team will cover the drafting of new articles allowing non-monetary contributions, the resolution for capital payment, and the necessary documents for the transfer and valuation of the cryptocurrency.
It depends on your company’s activity. You can find more information here or turn for a expert legal opinion to info@legixlaw.eu
You might need to apply for a cryptocurrency license in Estonia if you intend to:
  • Operate a cryptocurrency exchange.
  • Provide cryptocurrency wallet services.
  • Conduct an Initial Coin Offering (ICO) or token sale.
  • Offer cryptocurrency payment processing services.
  • Manage investment funds involving cryptocurrencies.
However, cryptocurrency regulations can change and each case shall be investigated separately, kindly do not hesitate to consult with legal experts for the latest requirements specific to your business via info@legixlaw.eu
In most cases, you can consider applying for a D-visa if you hold a position as a board member in an Estonian company. For comprehensive details and personalized guidance, please feel free to contact our team of migration experts at info@legixlaw.eu. We offer migration consulting services at a cost of 150 EUR, excluding VAT. We're here to provide you with the support and information you need for your immigration needs.
Yes, we can assist you with the process. Onboarding a new shareholder through a share capital increase involves issuing new shares to the new shareholder, thereby increasing the company's authorized share capital. This process allows the new shareholder to become a part-owner of the company.
There are various options for dissolving a company. Take our quiz to discover which method best suits your needs. Feel free to proceed and find the most suitable approach for you.
In case your company has been deleted from the registry, you have a chance to reinstate it within three years from the deletion. Our team is here to assist you every step of the way and ensure a smooth reinstatement process.