osaühinguna

Osaühinguna is the Estonian term for a private limited company. It is a legal entity that is separate from its owners, meaning the company's debts and obligations are not the personal responsibility of its shareholders. This structure is one of the most common forms of business organization in Estonia.

The formation of an osaühinguna requires at least one founder, who can be an individual or another legal entity. There is a minimum share capital requirement, which must be paid in by the shareholders. The ownership of the company is divided into shares, and the liability of the shareholders is limited to the amount of their investment.

The management of an osaühinguna is typically overseen by a management board, which is responsible for the day-to-day operations and strategic decisions. Shareholders also have rights, usually exercised through a general meeting, where they can vote on important matters concerning the company.

Osaühinguna are subject to Estonian company law and tax regulations. They are required to maintain accounting records and file annual financial reports. This legal form offers a balance of flexibility and liability protection, making it a popular choice for a wide range of businesses in Estonia, from small startups to larger enterprises. The term is also sometimes translated as "private limited company" or "limited liability company" in English contexts.