Eesti Firma

Company formation in Estonia, in person or online

Eesti Firma helps founders, trading businesses and holding structures set up and keep companies in Estonia and across the wider European Union. Its core service is company registration. A company can be set up face to face, or from abroad through a power of attorney or an Estonian e-Residency card, and most private limited companies in Estonia are entered in the Business Register within one to five working days, the firm says.

The firm also prepares, notarises, translates, apostilles and legalises the corporate documents of Estonian companies, such as the registry card, the register extract, the memorandum and articles of association and certificates of good standing or incumbency. These documents are often needed for banks and for cross-border deals, which is where the firm's document work is aimed.

Ready-made Estonian companies

The firm prepares and sells established Estonian companies to local and foreign entrepreneurs. Each shelf company is formed for resale: it has a fully paid share capital and has never carried on business before it passes to a new owner. The firm says buyers can change the company's name after purchase and can pay by cash or by bank transfer.

Virtual office, legal address and contact person

For companies that do not need physical premises, the firm offers a virtual office in Tallinn, with a legal address and a contact person. Its argument is that renting a virtual office is more economical than leasing a real office, while still meeting the statutory requirements for setting up and maintaining a company.

Accounting, tax and corporate upkeep

The firm's accountants serve businesses operating in Estonia under local financial and tax rules. The services include bookkeeping, the preparation of annual reports, tax advice and the routine changes a company needs over its life, such as altering the shareholder or board lists, amending its articles or changing its share capital. The firm says it uses modern accounting software and digital reporting. It also offers accounting and tax consulting for cryptocurrency companies and for private investors in crypto assets, covering the full accounting picture and annual tax calculations.

Crypto and financial licensing across Europe

The firm's licensing work has grown from fintech and cryptocurrency clients, a focus the firm says it has held since 2017. It supports applications for crypto-asset licences under the EU's MiCA framework and helps crypto-asset service providers with anti-money laundering and counter-terrorist financing policies, internal controls and ongoing compliance. The firm also describes work in Lithuania and the Czech Republic, where it says licences can be obtained in a few weeks, and it presents Estonia as a jurisdiction that has regulated crypto exchange and wallet services since 2017.

Beyond crypto, the firm gives regulatory guidance on financial licences in areas such as lending, crowdfunding, investment funds and gambling activities, covering the application and the reporting that follows it. The firm also describes a small alternative investment fund structure that can be used to pool investments.

A team of lawyers and accountants

Its clients are mostly founders from outside the EU, trading businesses and holding groups that want a foothold in Estonia or the wider EU. Its team includes lawyers, compliance specialists and accountants, and the firm says it has helped more than 300 clients with crypto licences and the start of their activities.

Eesti Firma is a business services firm that supports founders, trading businesses and holding structures in setting up and keeping companies in Estonia and wider Europe. It also helps with licensing for crypto and other financial activities.

What Eesti Firma offers

• Company formation: registering an Estonian company in person, or remotely by power of attorney or with an e-Residency card.
• Ready-made companies: established Estonian companies prepared for resale, with paid-up share capital and no earlier trading.
• Virtual office: virtual office, legal address and contact person services in Tallinn.
• Accounting: accounting, tax and financial advisory for businesses operating in Estonia.
• Crypto licensing: support for crypto-asset licences under the EU MiCA framework, including AML and CFT policies.
• Financial licensing: regulatory guidance on financial licences beyond the crypto sector.

Customers and markets

Non-EU founders, trading companies and holding structures that want a presence in Estonia or the EU.

Key facts

• Based in: Estonia
• Setup time: an OÜ is usually entered in the Business Register within 1 to 5 business days