Do I need to visit Estonia to open the company?
No. With e-Residency, every step from signing founding documents to filing the annual report can be done online. The only in-person step is collecting the ID card, which you can do at an Estonian embassy in your country.
Do I need a local director or an Estonian shareholder?
No. Both the owners and the director can be non-residents. You do need a licensed contact person if the company’s legal address is outside Estonia; this service is included in our Start, Business and Pro packages.
How much share capital do I have to put in?
The legal minimum is one euro cent per shareholder. While capital stays below €2,500, shareholders can be personally liable for the difference if the company fails, so many founders contribute more.
Is profit charged if I leave it in the company?
No. Retained and reinvested earnings are exempt from the corporate levy. It is due only on distributions, such as dividends, share buy-backs or expenses with no business purpose.
When must the company enrol for turnover levy?
Once sales exceed €40,000 in a calendar year. Many B2B companies enrol voluntarily earlier so they can reclaim input levy and look more established to EU clients.
Can the company work with clients in the US, Scandinavia or Australia?
Yes. An Estonian company can invoice clients anywhere. Hiring employees in another country may create obligations there, so we review that before your first hire.
Does e-Residency make me a resident of Estonia?
No. It’s a digital identity, not citizenship or a residence permit, and it doesn’t move your personal fiscal residence. Where the company is actually managed can matter too. We’ll help you plan for that.