The Estonian e-Residency program offers unique opportunities for international business and non-residents who wish to manage a company from anywhere in the world. Opening an Estonian company as an e-resident is the first and most crucial step towards legalizing and scaling your project in Europe. However, registration is only the beginning. For e-residents, it is critical to set up accounting immediately in accordance with Estonian legal requirements.

Fedelta Accounting offers comprehensive support at all stages: from initial company registration to bookkeeping and filing annual reports. Our experts have years of experience working with e-residents, guaranteeing the legality, transparency, and timeliness of all financial operations. We will help you understand the specifics of the Estonian tax system, including VAT and the 0% corporate income tax on reinvested profits. Choose us as your reliable financial partner so you can focus on growing your business instead of bureaucratic hurdles. Find out how to get financing and choose the optimal service plan for your needs.

Step 1: Obtaining an E-Resident Card
Before you can register a company, you must obtain e-resident status. This is a digital identity that grants you the right to sign documents in Estonia remotely. Once the card is received, you can proceed to online registration.

Step 2: Registering an E-Resident Company
The registration process for an OÜ (private limited company) takes place entirely within the e-Business Register.

• Company Name: Check the uniqueness of your chosen name.
• Share Capital: The minimum share capital is €0.01, which must be officially paid in.
• Address and Contact Person: An e-resident is legally required to have a virtual office address and a contact person in Estonia. Fedelta Accounting provides these services as part of our comprehensive support package.

🔗 We can handle the registration process for you. Read more about our company registration assistance:
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Step 3: Setting Up Accounting
For an e-resident, accounting must be maintained in Estonia, even if you have no local employees. This is a key factor in ensuring compliance and avoiding penalties.
Important Aspects:

• Primary Documents: Collection and classification of all invoices and receipts.
• Settlements with Non-Residents: Accounting for currency operations and payments through international systems (Wise, Revolut).
• VAT (Value Added Tax): The obligation to register for VAT arises when your annual turnover reaches €40,000.

🔗 Find out which accounting service plan fits your new company: 🔎 LEARN MORE

Step 4: Understanding the Tax System
The main advantage of Estonia is the 0% tax on undistributed profits. This means you only pay tax when you distribute dividends.

• Distributed Profit: Taxed at a rate of 22/78 (approximately 28% of the net amount).
• Annual Report: Submitting an annual report is mandatory every year, even if the company had no business activity. Submission deadlines are strictly monitored.

🔗 Don't risk fines! Trust the preparation of your annual report to Fedelta experts: 🔎 LEARN MORE

Step 5: Choosing a Financial Partner
Partnering with Fedelta Accounting guarantees you financial peace of mind. We don't just keep the books; we act as a strategic partner helping you grow and, if necessary, secure financing.

Contact us today to start your business in Estonia the right way!