Why Estonia?

The advantages of doing business in Estonia
Written by Dmitri Schmidt
Updated 1 year ago

Estonia is attractive for the following reasons for opening a company here:

  • no income tax (in Estonia there is no tax on retained earnings, i.e. if you do not take money out of the company for non-business purposes, you will not have an income tax)
  • Managing your company without coming to Estonia (with the e-resident card you can manage your company from anywhere in the world, and you can delegate your authority to an Estonian representative, for example to file tax returns for your company)
  • European jurisdiction (Estonia is a member state of the European Union and all European directives and rights apply here. European Union law takes precedence over Estonian law)
  • less bureaucracy (all communication with public authorities is possible completely electronically)
  • Simple tax system (practically a single taxation system for all legal entities)
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