Our Services
Services
- TOP 7 tips for starting a business!->
- Creating and selling ready-made companies->
- Establishing a limited liability company->
- Establishing a non-profit organization or foundation->
- Purchase and brokerage of previously established and/or operating companies->
- Changing business register data->
- Merger and division of companies->
- Accounting services->
- Consultations and corporate services->
- Contact person services->
TOP 7 tips for starting a business!
- Calculating your business idea and business model thoroughly is essential. An Excel spreadsheet can definitely be helpful here 🙂
- If starting the business activity is urgent and all parties involved have the capability for digital signing, then the best solution is OÜ establising-> or ready-made company->. This way, you can become the owner of the company within 1 day!
- If you wish to acquire a company that has been registered previously, but where the absence of debts or other issues is guaranteed, then the best option is provided by us ready made companies for sale->. In this case, acquiring the company typically takes 3-5 days.
- If you wish to acquire a company with a prior history, previous business activities, turnover and profit, usually with an open bank account, then the best option is companies with history ->. These companies have been thoroughly checked by us based on public registers to ensure they are free of requirements and obligations and have proper accounting. The transaction is notarized (at a notary office or remotely) and acquiring the company usually takes 5-10 days in this case.
- Shareholders and ownership. Deciding whether to start a company alone or involve partners is a crucial decision. The recommendation is to avoid equal ownership (50/50) or, alternatively, to draft a shareholders’ agreement right from the start.
- Certainly, it’s wise to find a competent accountant or accounting service provider right at the beginning of establishing or acquiring a company. This ensures that things are done correctly from the start. Retroactive adjustments and revisions usually prove to be more costly. We offer you a modern paperless and digital accounting service. accounting service->.
- There is no longer a requirement for a minimum share capital. Therefore, the share capital can be as low as 0.01€. However, it’s important to remember that the size of the share capital indicates to business partners and lenders (including banks and leasing companies) the level of commitment and risk undertaken by the company’s shareholders.
Establishment and sale of ready-made companies
Quality business law services for starting your business. We create or sell you a company that matches your business plan, industry, and preferences. In addition, we offer modern and paperless accounting services. Can anything be better?
- Creation of ready-made companies according to the client’s specifications.
- Sale of ready-made companies established specifically for sale by us.
- Sale of previously operating companies and/or VAT-registered companies.
- We also offer accounting services for all the companies we have for sale upon request!
For more detailed information on the sale of ready-made companies, click the button.
Establishment of a limited liability company
A private limited company (OÜ) is the most common form of business entity in Estonia. There are two options for establishing an OÜ: the regular procedure with a notarized founding agreement or the expedited procedure through the E-business registry->.
In the case of the regular procedure, the entire establishment process is conducted through a notary. The business register will register the company within 5 working days. This is the only way to establish an OÜ if the founders and/or board members do not have the capability to provide a digital signature.
For expedited procedure, the establishment is done through the e-business register. The founders and board members must be able to provide a digital signature using an ID card, Mobile-ID, or Smart-ID. The company will be registered within 1 working day. As of february 1, 2023, share capital contributions no longer need to be made to the company’s bank account, and the size of the share capital is decided by the founders. The minimum capital requirement of 2500€ has been abolished as of february 1, 2023.
Purchase and brokerage of established and/or operating companies
If you have an inactive or previously operating LLC (OÜ) or non-profit organization (MTÜ) that you no longer use or need, our business law services offer the best solution.
We purchase your unused LLC (OÜ) or non-profit organization (MTÜ) or offer to broker its sale because the liquidation process for an OÜ or MTÜ can be quite lengthy and incur costs. Selling, on the other hand, can bring you profit or relieve you from future expenses.
On the other hand, there are situations where a company with a prior history is needed for business activities, implementing a project, or applying for funding.
In such cases, we can assist sellers in finding a buyer for their company and help buyers acquire a company that meets their specific needs.
Our company can purchase your firm if the OÜ or MTÜ offered for sale meets the following conditions:
- The financial situation is clear.
- Accounting is in order and reports/declarations have been submitted.
- There are no claims, debts, or other liabilities.
- The reputation of the company, its owners, and board members is, in our opinion, good.
- The price is acceptable.
Brokerage sale in this context means that we will list the details of your OÜ or MTÜ on our website, communicate with potential buyers, manage all sales-related processes, and handle all sale-related documentation. In this case, we do not purchase the OÜ or MTÜ from you directly, but instead, we find buyers for you and the transaction occurs directly with the buyer. Choose our business law services!
Changes to business register data, business law services
We assist with making all changes to data registered in the business register or the register of non-profit associations and foundations, including:
- Changing the business name
- Changing the address and location
- Reducing or increasing share capital
- Amending the articles of association
- Changing the members of the management board or supervisory board
- Updating contact details and other information
- Liquidating business and non-profit organizations
We assist in drafting internal documents for business and non-profit organizations, including minutes of shareholders’, members’, and board meetings and other internal rules.
Merging of companies, division of companies
The common forms of company restructuring are mergers and divisions of companies.
Generally, a merger leads to cost savings, increased operational efficiency and market share growth.
A division usually results in companies that focus on their specific field of activity or target market, as well as independent economic units suitable for sale.
Accounting services
Our accounting service includes managing the entire accounting process of a company, from processing initial documents to preparing the balance sheet, income statement and annual report, along with submitting tax returns and statistical reports. The service is typically provided digitally and paperlessly, using modern IT solutions such as e-invoices, Merit Aktiva cloud service, CostPocket mobile app, bank Gateway applications and more. Utilizing our accounting service allows your company to focus on its core activities.
We continuously provide accounting services to an average of up to 50 clients, including business entities (OÜ), non-profit organizations (MTÜ), apartment associations and sole proprietors.
The cost of the service mainly depends on the number of initial documents and the resulting number of accounting entries. For more detailed information, click the button.
Consultations and corporate services
We advise clients on resolving issues related to business, corporate law, accounting and taxation.
In business, there are various situations where it is wise to involve specialists in corporate law, such as mergers, divisions or transformations of companies, managing relationships between shareholders, bringing new investors into the company, or other business transactions. We are happy to assist you with these matters.
Additionally, we help draft various contracts and other documents (rental and lease agreements, free use agreements, service contracts, internal accounting regulations, internal work rules, applications and more).
Contact person services
Companies whose management board is not located in Estonia must appoint a person who can receive procedural documents and declarations of intent addressed to the company in Estonia. The contact person can be a notary, a notary’s office, a lawyer, a law firm, a auditor, an audit firm, a non-resident tax representative within the meaning of the Taxation Act, or a service provider for trusts and company service providers specified in § 8 of the Money Laundering and Terrorist Financing Prevention Act.
Tallinna Äriõigusbüroo OÜ and its subsidiary Ärinõustaja OÜ hold the service provider license number FIU000022 for trusts and company service providers
Service Includes:
- A postal address in Tallinn, Katusepapi 4/1 or Põltsamaa municipality, Põltsamaa city, Silla 2.
- Scanning and forwarding of incoming mail to the email address of the company’s board member.
