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🔐 **ESTONIA'S UBO REGISTER: WHAT CHANGED IN JULY 2026?** 🇪🇪⚠️ Since **10 July 2026**, new rules have restricted access t...
16/10/2026

🔐 **ESTONIA'S UBO REGISTER: WHAT CHANGED IN JULY 2026?** 🇪🇪

⚠️ Since **10 July 2026**, new rules have restricted access to Ultimate Beneficial Owner (UBO) information in Estonia's e-Business Register.

If you own an Estonian company or work in compliance, here's what you need to know! 👇

🔎 **1️⃣ No more unrestricted public access**

UBO information is no longer freely available to anonymous users. Access now requires a recognised legal basis.

🛡️ **2️⃣ Who can access UBO data?**

✅ Competent authorities performing official duties.
✅ Entities subject to AML obligations conducting due diligence.
✅ Individuals or organisations demonstrating a legitimate interest.

🪪 **3️⃣ Authorisation is essential**

Eligible users may need to apply for access, justify their purpose and authenticate using an accepted e-ID.

💻 **4️⃣ API access has changed**

UBO information is no longer published as open-data files. Authorised API access uses a dedicated Beneficial Owners service.

📋 **5️⃣ What should compliance teams do?**

✔️ Review UBO data access permissions.
✔️ Update KYC and AML verification procedures.
✔️ Check automated data integrations.
✔️ Ensure authorised employees have appropriate access.

🏢 **6️⃣ What about Estonian companies?**

Companies must continue maintaining accurate beneficial ownership information and updating registered details when required.

💡 **WHY DOES IT MATTER?**

These changes aim to balance corporate transparency, privacy protection and the fight against financial crime.

📩 Need help keeping your Estonian company compliant? **Company for Business** can assist with corporate administration and compliance!

📌 Save this update and share it with your compliance team!

🇪🇪 **E-RESIDENCY vs TAX RESIDENCY: 10 MYTHS EXPLAINED!** 🌍Thinking of starting an Estonian company through e-Residency? ...
13/10/2026

🇪🇪 **E-RESIDENCY vs TAX RESIDENCY: 10 MYTHS EXPLAINED!** 🌍

Thinking of starting an Estonian company through e-Residency? Don't let tax misconceptions put your business at risk! 🚀

Here are 10 common myths every international entrepreneur should know:

❌ **1. E-Residency makes me an Estonian tax resident.**
✅ FALSE! E-Residency provides digital access to Estonia's services, not personal tax residency.

❌ **2. E-Residency allows me to live in Estonia.**
✅ FALSE! It is not a visa, citizenship or residence permit.

❌ **3. My personal and company tax residency are the same.**
✅ FALSE! Your Estonian OÜ and you are separate taxpayers.

❌ **4. My Estonian company only pays taxes in Estonia.**
✅ FALSE! Foreign tax obligations may arise depending on business activities and management.

❌ **5. Managing my OÜ from abroad has no tax consequences.**
✅ FALSE! It could create a permanent establishment or dual corporate tax residency.

❌ **6. Estonia's 0% tax on retained profits means zero taxes forever.**
✅ FALSE! Corporate income tax generally applies when profits are distributed.

❌ **7. Dividends are tax-free in my home country.**
✅ FALSE! Personal dividend taxation depends on your tax residency.

❌ **8. International sales are automatically VAT-free.**
✅ FALSE! VAT obligations depend on the transaction and applicable tax rules.

❌ **9. Double taxation treaties eliminate all tax risks.**
✅ FALSE! Treaty benefits depend on eligibility and specific circumstances.

❌ **10. An inactive Estonian company has no reporting obligations.**
✅ FALSE! Annual reporting remains mandatory even without business activity.

💡 **KEY TAKEAWAY:** E-Residency simplifies entrepreneurship, but it does not eliminate international tax responsibilities.

📩 Need professional assistance with Estonian accounting and taxation? Contact **Company for Business**!

📌 Save this post and share it with another entrepreneur!

🇪🇪 What e-Residency Does and Does NOT Give YouEstonian e-Residency is one of the easiest ways for international entrepre...
09/10/2026

🇪🇪 What e-Residency Does and Does NOT Give You

Estonian e-Residency is one of the easiest ways for international entrepreneurs to access Estonia’s digital business environment.

But it is often misunderstood. So what does e-Residency actually give you? 👇

✅ e-Residency DOES give you:

🔹 A secure Estonian digital identity
🔹 Access to many Estonian e-services
🔹 The ability to digitally sign documents
🔹 Access to the Estonian Business Register
🔹 The possibility to establish and manage an Estonian OÜ remotely
🔹 Access to online tax and company administration services
🔹 A convenient way to manage an EU-based business from abroad

Your digital ID can make running an Estonian company significantly easier - wherever you live. 🌍

❌ e-Residency does NOT give you:

🚫 Estonian citizenship
🚫 A residence permit
🚫 A visa
🚫 The automatic right to live or work in Estonia or elsewhere in the EU
🚫 Estonian personal tax residency
🚫 A guaranteed business bank account
🚫 Exemption from taxes in your country of residence

📌 What about taxes?

Becoming an e-resident does not automatically change where you personally pay taxes.

And although an Estonian OÜ is generally an Estonian tax resident company, managing or operating it from another country may create foreign tax, permanent establishment or reporting obligations.

📌 What about banking?

E-Residency can help you manage your company digitally, but it does not guarantee approval for Wise, Revolut or any bank account. Financial institutions apply their own KYC and AML requirements.

💡 The key takeaway:

e-Residency = digital access to Estonia.
e-Residency ≠ physical or tax residency.

It is a powerful tool for international entrepreneurs - but it does not replace immigration, banking or tax rules.

Need help with your Estonian OÜ, accounting, tax compliance, legal address or contact person services? Our team can help.

🇪🇪 **Dormant Estonian Company? You Still Have Compliance Obligations**Not trading right now? That does **not** mean your...
06/10/2026

🇪🇪 **Dormant Estonian Company? You Still Have Compliance Obligations**

Not trading right now? That does **not** mean your Estonian OÜ can simply be ignored.

A dormant company is still a registered legal entity and may continue to have **accounting, reporting and corporate obligations**.

📌 **1. Annual report**

An Estonian OÜ must generally submit an **annual report every financial year**, even if there was little or no activity.

The deadline is usually **6 months after the end of the financial year** - for a calendar-year company, normally 30 June.

📌 **2. Accounting records**

No sales does not always mean no accounting.

Bank fees, service-provider invoices, share capital, loans or other movements still need to be recorded and supported by proper documentation.

📌 **3. VAT returns**

If the company remains **VAT-registered**, VAT returns must still be filed for each tax period - **even when there was no supply or input VAT**.

📌 **4. Tax declarations**

Other declarations may still be required depending on whether the company made taxable payments, has employees or holds specific tax registrations.

📌 **5. Legal address & contact person**

Your company must remain reachable by Estonian authorities.

Keep its registered details up to date and maintain a licensed contact person where required.

⚠️ A dormant company is **not the same as a closed company**.

If you no longer plan to use the OÜ, formal liquidation may be more appropriate than leaving it inactive indefinitely.

💡 **No activity ≠ no compliance.**

Need help with a dormant Estonian company? We can assist with **accounting, annual reports, VAT compliance, contact person services and liquidation**.

🇪🇪 7 Mistakes Foreign Founders Make with Estonian CompaniesEstonia makes it easy to establish and manage an OÜ remotely,...
02/10/2026

🇪🇪 7 Mistakes Foreign Founders Make with Estonian Companies

Estonia makes it easy to establish and manage an OÜ remotely, but simple incorporation does not mean zero compliance.

Here are 7 common mistakes foreign founders should avoid:

❌ 1. Confusing e-Residency with tax residency
Estonian e-Residency is a digital identity. It does not provide residence rights or automatically make you tax resident in Estonia.

❌ 2. Assuming the company is taxable only in Estonia
An Estonian OÜ may also create tax obligations abroad if it is managed, staffed or conducts significant business in another country.

❌ 3. Ignoring accounting until the annual report
Every OÜ must maintain proper accounting records. Annual reports are generally due within 6 months after the financial year ends.

❌ 4. Mixing personal and company finances
An OÜ is a separate legal entity. Personal and business transactions should be clearly separated and properly documented.

❌ 5. Paying yourself incorrectly
Salary, board remuneration, dividends and expense reimbursements have different legal and tax treatment.

❌ 6. Misunderstanding VAT rules
The general Estonian VAT registration threshold is €40,000, but cross-border services, EU transactions and e-commerce may trigger VAT obligations earlier.

❌ 7. Forgetting the legal address or contact person
Your company must remain reachable by Estonian authorities. In some cases, a licensed contact person in Estonia may be required.

💡 Key takeaway:

Registering an Estonian OÜ is straightforward. Running it correctly requires ongoing accounting, tax and corporate compliance, especially when the founder operates internationally.

Need help with accounting, VAT, annual reports, legal address, contact person or tax compliance?

📩 Contact Company for Business.

🇪🇪 Can an Estonian Company Use Wise, Revolut or a Foreign Bank Account?Does an Estonian OÜ need an Estonian IBAN? Genera...
29/09/2026

🇪🇪 Can an Estonian Company Use Wise, Revolut or a Foreign Bank Account?

Does an Estonian OÜ need an Estonian IBAN? Generally, no. It can use a suitable business account with a foreign bank or payment provider, including Wise Business or Revolut Business, if the provider accepts the company.

💳 Wise and Revolut

These services may offer EUR and other currency balances, international payments and business cards. Available features and account details vary. Approval depends on the provider’s eligibility checks, KYC and AML procedures; opening an OÜ does not guarantee an account.

🌍 Foreign bank accounts

An OÜ may also use a business account in another EU/EEA country. This can be useful for founders who manage their company from abroad. Choose a provider that supports your transactions and supplies records your accountant can use.

📑 Keep company finances separate

Business payments should normally go through an account in the company’s name. Give your accountant complete statements, invoices, receipts and records of fees and currency conversions. Using a foreign provider does not change the OÜ’s Estonian accounting and reporting duties.

💶 Share capital

An Estonian account is not necessarily required to pay share capital. A qualifying company account with an EEA credit or payment institution may be used, but check the contribution and proof requirements for your situation. :chatgpt-content-reference{index="0"}

The practical rule: choose an account that meets your business needs and compliance requirements, then keep a clear record of every transaction.

At Company for Business OÜ, we assist international founders with Estonian accounting, VAT, annual reports and ongoing corporate support.

📩 Need help setting up your OÜ’s accounting processes? Contact our team.

🇪🇪 I Live Abroad and Own an Estonian Company: Where Do I Pay Tax?Owning an Estonian OÜ while living abroad does not mean...
25/09/2026

🇪🇪 I Live Abroad and Own an Estonian Company: Where Do I Pay Tax?

Owning an Estonian OÜ while living abroad does not mean that all taxes are paid only in Estonia.

💼 Your company and you are separate taxpayers.

An Estonian company is generally tax resident in Estonia because it is incorporated there. Estonia applies corporate income tax mainly when profits are distributed.

However, if you live and manage the company from another country, that country may also have taxing rights.

🌍 Key factors include:

• Your personal tax residency
• Where you physically work
• Where the company is effectively managed
• Whether a Permanent Establishment (PE) arises abroad
• Salary or management board remuneration
• Dividend taxation in your country of residence
• Social security obligations
• Applicable double taxation treaties

⚠️ E-Residency is not tax residency.

Estonian e-Residency does not automatically make you an Estonian tax resident and does not remove tax obligations in the country where you actually live and work.

If you operate your Estonian company permanently from another country, local rules may create a taxable presence there. In some cases, both countries may have taxing rights, while a double taxation treaty determines how double taxation is avoided.

✅ Estonian company ≠ taxes only in Estonia

Cross-border taxation depends on your residence, business activities, management structure and the countries involved.

📩 Professional tax advice can help determine where company profits, salary, management fees and dividends should be reported and taxed.

🇪🇪 How to Start an Estonian OÜ as a ForeignerWant to start a company in Estonia without living there? 🌍 Estonia allows f...
23/09/2026

🇪🇪 How to Start an Estonian OÜ as a Foreigner

Want to start a company in Estonia without living there? 🌍 Estonia allows foreign entrepreneurs to establish and manage an OÜ remotely through its digital business environment.

Here are the key steps 👇

1️⃣ Apply for e-Residency 🪪
For many foreign founders, e-Residency is the easiest way to register and manage an OÜ online.

✅ Sign documents digitally
✅ Access the Business Register
✅ Register a company online
✅ Manage corporate matters remotely

⚠️ e-Residency is not a visa, residence permit or tax residency.

2️⃣ Choose Your Company Name & Activity 🏢
Select a distinguishable company name and principal activity under the Estonian EMTAK classification. Regulated activities may require additional licences.

3️⃣ Arrange an Address & Contact Person 📍
Depending on where the management board is located and the company structure, an Estonian address and/or licensed contact person may be required.

4️⃣ Register Your OÜ 💻
With an eligible Estonian digital ID, registration can normally be completed online through the e-Business Register.

You will provide details about shareholders, board members, share capital, address and business activity.

💶 Share capital can start from €0.01 per shareholder.

5️⃣ Set Up Business Banking 💳
Your OÜ needs an appropriate business bank or payment account. Estonian banks and suitable EEA payment providers may be used, subject to onboarding requirements.

6️⃣ Arrange Accounting 📊
Every Estonian OÜ must keep proper accounting records and generally submit an annual report.

You may also need to consider:

🔹 VAT
🔹 Payroll taxes
🔹 Cross-border VAT
🔹 Corporate income tax
🔹 Tax obligations abroad

⚠️ Registering an OÜ in Estonia does not automatically mean all taxes are payable only in Estonia. Your residence and where the company is actually managed may affect taxation.

🤝 Need help? We assist with company formation, legal address, contact person services, accounting, tax compliance and ongoing corporate support.

🇪🇪 E-Residency vs Tax Residency: The Difference Every Founder Should UnderstandOne of the most common misconceptions abo...
18/09/2026

🇪🇪 E-Residency vs Tax Residency: The Difference Every Founder Should Understand

One of the most common misconceptions about Estonia’s e-Residency programme is that becoming an e-resident also makes you an Estonian tax resident.

It does not. ⚠️

📌 What is e-Residency?

E-Residency is a government-issued digital identity that gives foreign entrepreneurs access to Estonia’s digital business environment.

It can allow you to:

✅ Establish an Estonian OÜ online
✅ Sign documents digitally
✅ Access the Business Register
✅ Manage many company matters remotely

But e-Residency is not:

❌ A residence permit
❌ Citizenship or a visa
❌ The right to live in Estonia or the EU
❌ Personal tax residency in Estonia

📌 What is tax residency?

Tax residency determines where an individual may be required to pay tax on worldwide income, subject to domestic law and applicable tax treaties.

In Estonia, an individual may generally be considered tax resident if their place of residence is in Estonia or they stay there for at least 183 days during 12 consecutive months.

An e-Residency card alone does not change your personal tax residency.

📌 What about your Estonian OÜ?

You and your company are separate taxpayers.

An Estonian OÜ is generally tax resident in Estonia. However, operating it from another country may also create tax obligations there.

Depending on the circumstances, this may include:

⚠️ Permanent establishment
⚠️ Corporate tax
⚠️ Payroll
⚠️ VAT
⚠️ Dual-residency issues

📌 Example

If you live in Spain and manage your Estonian OÜ from Spain, you may remain personally tax resident in Spain, and Spanish tax rules may also become relevant to the company.

💡 Key takeaway:

E-Residency = digital access to Estonia.
Tax residency = where you or your company may be liable for tax.

Before operating an Estonian company internationally, consider both Estonian rules and the tax rules of the country where you actually live and manage the business.

🇪🇪 **Is Estonia’s Corporate Tax Really 0%?**You may have heard that Estonia has a **0% corporate income tax**. That is p...
15/09/2026

🇪🇪 **Is Estonia’s Corporate Tax Really 0%?**

You may have heard that Estonia has a **0% corporate income tax**. That is partly true.

Estonian companies generally do **not pay corporate income tax when profits are earned and retained in the company**. Taxation is usually postponed until profits are distributed.

📌 **0% tax on retained profits**

If your Estonian OÜ earns a profit and keeps it in the company, corporate income tax is generally not payable at that stage.

Retained profits can be used to:
✅ Grow the business
✅ Buy equipment or other business assets
✅ Invest in marketing and development
✅ Build reserves
✅ Finance future activities

📌 **What happens when dividends are paid?**

When profits are distributed to shareholders, corporate income tax generally becomes payable.

In **2026**, Estonia applies corporate income tax at **22/78 of the net amount distributed**, corresponding to a 22% tax rate on the gross distributed profit.

So, Estonia does not have a universal 0% corporate tax rate.

💡 **0% on retained and reinvested profits**
💡 **Tax generally arises when profits are distributed**

📌 **Dividends are not the only taxable payments**

Corporate income tax may also apply to certain:
• Non-business expenses
• Fringe benefits
• Gifts and donations
• Entertainment expenses
• Other taxable distributions

Salary and board member remuneration are subject to separate payroll and employment tax rules.

🌍 **What if the shareholder lives abroad?**

Foreign owners should also consider taxation in their country of residence. Dividends from an Estonian OÜ may create personal tax obligations abroad.

The place where the company is actually managed can also affect its international tax position.

For entrepreneurs who reinvest profits, Estonia’s system can provide a significant cash-flow advantage.

👉 **0% while profits remain in the company**
👉 **Tax applies when taxable profits are distributed**

Need help with **Estonian company taxation, dividends or accounting?** Contact us.

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Tartu Mnt 83
Tallinn
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