üksikettevõtluse

Üksikettevõtlus, often abbreviated as FIE (Fie in English), is a legal form of business in Estonia for a sole proprietor. It allows an individual to operate a business independently, bearing full personal responsibility for all its debts and obligations. The entrepreneur is a natural person who has registered their economic activity and is responsible for managing the business and its finances. This business form is characterized by its simplicity in establishment and administration, making it an attractive option for small-scale entrepreneurs and freelancers.

The key feature of üksikettevõtlus is the unlimited liability of the sole proprietor. This means that the individual's personal assets can be used to cover any business debts. There is no legal distinction between the business and the owner. Registration of an üksikettevõtja is done through the Estonian Business Register. The owner is responsible for paying income tax on their business profits and for contributing to social security and health insurance. While offering flexibility and direct control, the unlimited liability is a significant factor to consider when choosing this form of business. It is often compared to sole proprietorships in other countries.