0:06
estonia is recognized as one of the most
0:08
advanced digital economies globally the
0:10
advanced digital infrastructure makes
0:12
Estonia an attractive destination for
0:14
entrepreneurs opening a company remotely
0:16
from anywhere in the world is a key
0:18
advantage for international businesses
0:20
this ease of access simplifies
0:22
establishing a presence in Europe
0:23
estonian company types include LLC fast
0:27
setup LLC Freezone LLC public limited
0:30
company LLP representative office and
0:34
branch office each Estonian company type
0:36
has a corresponding Estonian name
0:38
different Estonian company types are
0:40
best suited for specific business use
0:42
cases a regular LLC Osawhing is suitable
0:46
for all product and service businesses a
0:48
freezone LLC Babatsuni FMA is optimal
0:52
for manufacturing and export activities
0:54
this comparison table helps viewers
0:56
quickly understand which entity aligns
0:58
with their business model animated
1:00
timelines compare the operational
1:01
readiness of different entity types key
1:04
operational tasks include invoicing
1:06
clients hiring staff leasing office
1:09
space opening a corporate bank account
1:12
and registration and tax number
1:13
acquisition timelines display the
1:15
estimated time required for each task
1:18
facilitating comparisons between
1:19
entities entrepreneurs can assess the
1:22
speed and efficiency of each entity in
1:24
launching business operations
1:36
corporate tax rates for Estonian
1:38
business entities including LLC's free
1:41
zones PLC's LLPs representative offices
1:46
and branches are compared corporate tax
1:49
applied to distributed profits ranges
1:51
from 0% to 20% depending on the entity
1:54
and its structure vat implications on
1:56
local sales are generally 20% across
1:59
entity types annual returns and audits
2:01
are required for all entity types
2:03
estonian company types have specific
2:05
structural and regulatory requirements
2:08
the minimum number of shareholders or
2:10
partners varies depending on the type of
2:11
entity certain Estonian company
2:13
structures require a resident director
2:16
some Estonian company types allow for
2:18
the issuance of preference shares
2:20
estonian companies can own intellectual
2:22
property and trademarks estonian
2:24
companies are permitted to engage in
2:25
export and import activities estonian
2:28
entities excluding representative
2:30
offices permit cienporient foreign
2:33
ownership estonian entities offer
2:35
multicurrency bank accounts facilitating
2:38
international transactions most Estonian
2:40
entities do not require a physical
2:42
presence enabling remote business
2:44
operations estonian entities can access
2:47
EU VAT and trade benefits enhancing
2:50
market competitiveness under certain
2:52
conditions Estonian entities can
2:54
participate in EU government contracts
2:56
representative offices are limited to R
2:59
D and market research and cannot
