Best EU country: 12 reasons to do business in Estonia

Do you want to conduct business in Europe on the most favorable terms?

We will be happy to help you choose the country of registration of the company.
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Now many businessmen are planning to develop their business in new markets. The European Union is particularly promising today, as it has created the most favorable conditions for business. The list of reasons that make business in Europe so popular among entrepreneurs includes: a favorable investment background, favorable credit conditions, broad state support, liberal legislation, and many others.

These circumstances are considered inherent features of literally every member state of the European Union, but still the legislation of each country contains its own distinctive features. Because of this, any entrepreneur who wants to start a business in Europe has the opportunity to choose favorable circumstances for starting their own business. Estonia is considered one of the countries with the most suitable conditions for starting a business

Why is Estonia the best country in Europe for registering and doing business?

1. Estonia has international agreements on the avoidance of double taxation with 59 countries;
2. Since December 2014, Estonia has become the first country in the world to grant e-citizenship to foreigners;
3. if you have e-resident cards, you can manage the company remotely;
4. Limited number of business areas that require licensing;
5. this country has an absolutely clear and transparent tax system and there are no progressive taxes;
6. a clear advantage is zero tax on the company’s unallocated profits;
7. there is no requirement for founders or board members to be only residents, so there is no need for a local director;
8. when establishing a company, there is no requirement to contribute the authorized capital immediately. And if the profit is not distributed in the form of dividends, you can not pay it.;
9. In the selected country, there are no restrictions on withdrawals from the account and on the size of transactions;
10. there are no salary requirements and a mandatory condition to pay a director’s salary;
11. in the ownership of an Estonian company, you can purchase both real estate and transport without taxes;
12. In the case of doing business in Estonia, a member of the management board has the right to apply for a residence permit for up to 5 years, which is a very valuable additional bonus for many.

Estonian legislation does not provide for any special restrictions on foreigners doing business in the country. On the contrary, foreign entrepreneurs have equal rights with local citizens.