Estonia
If your current or future business is related to the European market, suppliers from EU countries, then we recommend that you open a company in Estonia. Most importantly, Estonia is a member of the EU and at the same time offers good conditions for foreign investors, i.e. For you.
When considering the Estonian jurisdiction as a territory for opening and operating a company, you will deal with an attractive tax system, ease of company registration and lack of bureaucracy, liberal bank rates, convenient location, no language barrier, as well as the ability to manage a company from a distance and favorable conditions to enter the EU market.
The advantage of taxation is that there is no corporate income tax (corporate tax). The tax base is quite reasonable and flexible. Income tax in Estonia is equal to the rate of 0%, provided that the company does not operate in the territory of Estonia itself, i.e. does not sell goods or provide services to companies and persons liable to tax in Estonia. The value added tax (VAT) rate in Estonia is 20%. VAT report in Estonia is submitted monthly.
An Estonian company has the right to operate throughout Europe. There are no restrictions or additional requirements for this. If an international transaction is carried out for a company, then the company in Estonia fulfills its obligations strictly in accordance with the Estonian business law. The cooperation contract is concluded in two languages and complies with the legislation of the two countries. Accounting for a company in Estonia is submitted in the country and is conducted in Estonian.
Advantages:
-The owner and director of the company can be non-residents of Estonia and the EU.
-You are eligible for a business visa.
-The right to buy real estate for the company without additional taxes.
-Opportunity not to pay VAT while working with European partners (if you have a VAT number).