osaühingudel

Osaühingud, often translated as private limited companies or limited liability companies, are a common form of business organization in Estonia and other European countries. They represent a legal entity distinct from its owners, offering limited liability to its shareholders. This means that the personal assets of the shareholders are generally protected from the debts and obligations of the company.

To establish an osaühing, a minimum share capital is usually required, though the exact amount can vary. The ownership is divided into shares, and shareholders are entitled to a portion of the company's profits and have voting rights based on their shareholding. Management of the company is typically entrusted to a management board, whose members are responsible for the day-to-day operations and strategic decisions.

Osaühingud are subject to various legal and tax regulations, including requirements for bookkeeping, annual reporting, and corporate income tax. Their legal framework provides a structure for business operations, investment, and growth, making them a popular choice for both small and medium-sized enterprises as well as larger commercial ventures. The flexibility in management and the protection of personal assets are key advantages of this business structure.