Formation de Sociétés en Estonie

Company structure in Estonia

Legal basis  - Civil law (German / Roman)

Legal framework  - Bulgarian Commercial Code

Company form  - Limited liability company (Druzhestvo s ogranichena otgovornost, OOD)

Responsibility  - The shareholders' liability for the company is limited to the amount of their contributed capital.

Capital - The share capital of companies in ulgaria consists of capital contributions which must be at least BGN 2. Capital contributions must be fully paid.

Members - A Bulgarian company can be formed by one or more natural or legal persons, residents or non-residents. Membership details are made public.

Manager - A company must have at least one manager, who must be an individual, resident or non-resident.

Secretary  - Bulgarian companies can appoint a secretary, but this is not compulsory.

Registered address  - A company must have a registered office in Bulgaria.

General assembly  - Single-member SARLs are not required to hold a general meeting. Companies with 2 or more members are required to call an annual general meeting.

Electronic signature  - authorized.

Re-domiciliation  - Incoming / outgoing redomiciliation is not authorized.

Conformity  - Bulgarian companies must file annual financial statements and an annual report with the commercial register. However, SMEs can file simpler financial statements.

SMEs are not required to appoint an auditor and file audited accounts.

All Bulgarian companies are required to file an annual income tax return and pay their corporate taxes until June 30.


Key figures of companies in Estonia

Official nameRepublic of Estonia
Proper nounEesti Vabariik (and)
SubcontinentEuropean Union
Population1,319,133 inhabitants (2018)
Population growth0.27 % / year
Area45,336 km²
Density29.10 inhabitants / km²
GDP30.285 billion $USD (2018)
GDP / capita22,928 $USD (2018)
GDP growth3.90 % / year (2018)
Life expectancy78.60 years (2018)
Birth-rate10.47 ‰ (2017)
Fertility rate1.60 children / woman (2016)
Mortality rate‰ 11.80 (2017)
Child mortality rate2.30 ‰ (2017)
Literacy rate100,00 % (2018)
Official languagesEstonian
ChangeEuro (€ EUR)
HDI0,882 / 1 (2018)
IPE64,31 (2018)
Nature of Stateparliamentary republic
Head of statePresident Kersti Kaljulaid
National HolidayFebruary 24 (independence of 1918)
NiceEstonian, Estonian
Tourists3,245,000 people (2017)

Formation de Sociétés en Estonie

TheEstonia is a country in northern Europe and a member state of the European Union, located on the eastern shore of the Baltic Sea and southern shore of the Gulf of Finland. The country is bordered to the north by the Gulf of Finland, to the west by Sweden, to the south by Latvia and to the east by Russia. This country is generally grouped together with Latvia and Lithuania in a geopolitical group called the Baltic States.


Formation de Sociétés en Estonie


After a decade of strong economic growth at the beginning of the century, which had enabled Estonia to quickly catch up with the standard of living of the European Union, the global crisis has slowed down the country's development and unemployment has risen sharply. In recent years, the economy has stagnated or has grown in a much more measured way and unemployment has fallen to around 7 % (2e quarter 2017).
The entry of Estonia into the Euro, the European currency, in January 2011, led the government to pursue an austerity policy, which resulted in even more precariousness and poverty among the most vulnerable populations. more fragile. VAT, an unequal tax in essence, was for example increased from 18 to 20 % in 2009, allowances were lowered, and various taxes increased.


Formation de Sociétés en Estonie


However, the country is not lacking in assets. New technologies are very present in the everyday life of Estonians. The country aims to offer complete wifi coverage, for example. Some companies have created world famous software here, like Kazaa, Skype. The opening of the country has also allowed tourism to develop very strongly.
In another register, Estonia is covered to 50 % of forests, thus supporting an efficient wood industry. It also does a lot of trade with its neighbors, in particular Sweden and Finland.
The fact remains that the small size of its population, 1.3 million inhabitants, up very slightly (+0.27 % in 2017 after a decrease of -0.02 % in 2016) does not allow it to count on a substantial domestic consumer market. Many young people move to the rest of the European Union in order to find work and a better life, accentuating the phenomenon of population aging and the fall in the birth rate.


Corporate Taxation in Estonia

Corporate tax rate (IS)

Global CIT rate (%)20 (retained earnings are tax exempt)

Corporate tax (IS) due dates

CIT return deadlineOn the tenth day of the month following a taxable distribution or payment.
CIT final payment due dateOn the tenth day of the month following a taxable distribution or payment.
Estimated due dates for CIT paymentsN / A

Personal income tax rate (PPI)

Global PIT rate (%)20

Personal income tax (PIT) due dates

PIT return due dateApril 30
PIT final payment due dateOctober 1
Estimated PIT Payment Due DatesNP

Value added tax (VAT) rate

Standard VAT rate (%)20

Withholding tax rate (WHT)

WHT rate (%) (Div / Int / Roy)Resident company: 0/0/0;

Individual resident: 0 or 7/20/20;

Non-resident company: 0/0/10;

Non-resident individual 0 or 7/0/10

Capital gains tax rate (CGT)

Corporate capital gains tax rate (%)N / A
Tax rate for individual capital gains (%)Capital gains are subject to the standard IRPP rate.

Wealth / Equity Tax Rate

Global wealth / equity tax rate (%)N / A

Rate of inheritance and gift tax

Rate of inheritance tax (%)N / A
Gift tax rate (%)N / A
NA means Not Applicable (that is, the territory does not have the stated tax or requirement)

NP stands for Not Provided (i.e. information is not currently provided in this chart)