For clients from abroad
Set up an Estonian company from Finland
We form a new Estonian private limited company (OÜ) for you. No residence and no e-residency needed: the formation is signed at a notary — in person in Tallinn or by power of attorney from your own country; the remote formation costs €1,250. The registered address and contact person service for the first year is included.
In short
We form a new Estonian private limited company (OÜ) for you. No residence and no e-residency needed: the formation is signed at a notary — in person in Tallinn or by power of attorney from your own country; the remote formation costs €1,250 . The registered address and contact person service for the first year is included.
Who the formation of an Estonian company is for
This page is for business owners in Finland who want to form a new Estonian private limited company (OÜ), and for accountants and advisers who handle the formation for a client.
No e-residency and no residence in Estonia is needed. The online company formation for e-residents is signed digitally with the card, without a notary.
What it costs to set up a company in Estonia
There are two fixed-price packages: formation in person at a notary office in Tallinn €950, remote formation by notarised power of attorney €1,250. The registered address and contact person service for the first year is included.
The price includes the Estonian notary fees and state fees, a registered address in Estonia and a licensed contact person for the first 12 months; in the remote package also the sworn translation of the power of attorney in Estonia. In a remote formation you pay only for signing the power of attorney in your own country (the local notary fee and the apostille). A VAT number is not included in either package; VAT registration is available as an add-on (€250). Express (signing at a notary office in Tallinn within 1–3 days) costs €500. No VAT is added.
Packages and prices
| Package | Price | Order |
|---|---|---|
| Formation in person at a notary office in Tallinn | €950. The registered address and contact person service for the first year is included. | Order |
| Remote formation by notarised power of attorney | €1,250. The registered address and contact person service for the first year is included. | Order |
How to form an Estonian OÜ from Finland
- You place the order and pay by card; after the order you send us by email the management board members, the shareholders and three options for the business name.
- After the order you send by email the passport or ID card and proof of residential address of every founder and board member.
- We prepare the memorandum of association, the articles and the application to the commercial register. You review the draft articles of association and tell us if anything about the company should change.
- You sign at a notary in Tallinn, or sign a notarised power of attorney in your own country for a remote formation. We arrange the notary appointment — in Tallinn usually within 6–10 days of the order and payment, within 1–3 days with Express — and in a remote formation act for you under the power of attorney.
- You wait for the entry, which the commercial register makes on its own schedule; a remote formation adds the time for the power of attorney. We cannot promise a registration date.
- We send you the registry code, the registry extract and the incorporation documents in PDF.
- We set up the registered address and contact person for the first 12 months and handle the add-ons you ordered.
What details and documents are needed
- The management board members, the shareholders and three options for the business name.
- The passport or ID card and proof of residential address of every founder and board member.
- In a remote formation, a notarised power of attorney signed in your own country.
What to know about tax in Finland
Is my Estonian company taxed in Finland if I run it from Finland? It can be. Since 2021 a company registered abroad whose place of effective management is in Finland is generally liable to tax in Finland (Finnish Income Tax Act 9 §); that is where the board makes its most important day-to-day management decisions. In Estonia the company stays resident because it was established under Estonian law (Income Tax Act § 6). When both countries count it as resident, the Finland–Estonia tax treaty decides. Ask a Finnish tax adviser before you buy or form the company; we handle the Estonian side, not Finnish taxes.
This is general information, not tax advice for your case.
More in the guide: Estonian company run from Finland: where it is taxed
Why form the company with LexorCorp Global
- Two fixed-price packages with the Estonian notary fee, the state fee, the registered address and the contact person for the first 12 months included.
- No residence and no e-residency needed: in person in Tallinn or by power of attorney from your own country.
- In the remote package the price also includes the sworn translation of the power of attorney in Estonia.
- We start as soon as the order is paid and keep you informed by email.
Frequently asked questions
Do I need e-residency to set up a company in Estonia?
No residence and no e-residency needed. The formation is signed at a notary — in person in Tallinn or by power of attorney from your own country.
What does it cost to set up a company in Estonia?
Formation in person at a notary office in Tallinn costs €950 and remote formation by notarised power of attorney €1,250. The price includes the Estonian notary fees and state fees, a registered address in Estonia and a licensed contact person for the first 12 months.
How much share capital does an Estonian OÜ need?
The founders decide the amount of the share capital; the smallest possible share is one cent. The share capital is not a fee: it is the company's own money and stays with the company.
How long does it take to set up a company in Estonia?
Signing in person at a notary office in Tallinn is usually within 6–10 days of the order and payment (within 1–3 days with Express); remote formation adds the time to sign and courier the power of attorney; the Commercial Register then makes its entry on its own schedule. This is what it usually takes, not a promised date.
This is general information, not legal or tax advice. The Commercial Register decides on the entry, the notary certifies the transfer and the tax authority decides on taxation.