Töötüksepanekud

Töötüksepanekud refers to the process of establishing a company or organization in Estonia. This involves a series of legal and administrative steps required to officially register a business entity. The Estonian e-Residency program has significantly streamlined this process, allowing individuals from anywhere in the world to establish and manage an Estonian company remotely.

Key steps in the töötüksepanekud typically include choosing a legal form for the business, such as a private limited company (OÜ) or a public limited company (AS). The company must then be registered in the Estonian Commercial Register. This registration requires submitting essential information about the company, its founders, management, and share capital.

For OÜs, the minimum share capital requirement is €100, although this can be paid in cash or in kind. For ASs, the minimum share capital is €25,000. Once the registration is complete, the company receives a unique business registration code.

The process also involves opening a business bank account and potentially registering for value-added tax (VAT) if the company's turnover exceeds the threshold set by Estonian law. Compliance with Estonian labor laws, tax regulations, and accounting standards is also an integral part of operating a business in Estonia following its töötüksepanekud. The availability of digital services and a transparent legal framework makes Estonia an attractive location for entrepreneurship.