What are the opening hours?

Monday 08:00 - 18:00 Tuesday 08:00 - 18:00 Wednesday 08:00 - 18:00 Thursday 08:00 - 18:00 Friday 08:00 - 18:00

Company for Business OÜ, Tartu mnt 83, Tallinn (2026)

28/08/2026

🇪🇪 *Board Member Responsibilities in Estonia: What Foreign Directors Should Know*

Managing an *Estonian company from abroad* is simple — but being a foreign director does not reduce your responsibilities as a management board member.

The management board represents and manages an *Estonian OÜ, and every board member must perform their duties with due diligence. Failure to do so can, in certain circumstances, result in **personal liability for damage caused to the company*.

So, what should foreign directors keep under control?

✅ *Accounting & Annual Reports*
The management board must ensure that the company’s financial reporting is properly organised. The approved annual report must generally be submitted to the Estonian Commercial Register within *6 months after the end of the financial year*.

✅ *Taxes & Declarations*
VAT, payroll taxes and other applicable tax obligations must be monitored and reported correctly and on time.

✅ *Commercial Register Data*
Board member details, company information, addresses and other registered data must remain accurate and up to date.

✅ *Contact Person in Estonia*
If the company’s registered address is outside Estonia, a qualified *contact person in Estonia* must be appointed.

✅ *Company’s Financial Health*
Board members must monitor solvency. If insolvency becomes permanent, the management board must act promptly; in relevant cases, a bankruptcy petition must be filed no later than *20 days after insolvency becomes evident*.

⚠️ *e-Residency does not mean “no responsibility.”*
You can manage your Estonian business remotely, but the legal duties of a management board member remain.

At *Company for Business OÜ*, we help foreign founders and directors stay compliant with Estonian requirements through accounting, tax reporting, annual reports and corporate support — fully remotely.

📩 Need help managing your *Estonian OÜ* correctly?
Visit *companyforbusiness.ee*

25/08/2026

🚨 Was your Estonian company deleted from the Commercial Register? In many cases, restoration is still possible.

If an Estonian OÜ was deleted because an annual report was not submitted or a required contact person was missing, the company may be reinstated to the Estonian Commercial Register for continuation of business.

Under the Estonian Commercial Register Act, the restoration application can generally be submitted within 3 years from the date of deletion.
How does company restoration in Estonia work?

1️⃣ Check why the company was deleted.
Restoration for continued activity is available when deletion was based on failure to submit an annual report or failure to appoint a required contact person.
2️⃣ Fix the missing compliance issue.
This may mean filing overdue annual reports, updating company data or appointing a contact person.
3️⃣ Adopt the required corporate resolution.
For an OÜ, shareholders must approve continuation of the company’s activities.
4️⃣ Submit the reinstatement application to the Commercial Register with the required documents.
⚠️ If the company was deleted on another basis, the procedure may be different. In some cases, reinstatement is possible only for supplementary liquidation rather than continuation of business.
At Company for Business OÜ, we help Estonian companies and e-residents review overdue accounting, prepare annual reports, restore compliance and handle Business Register filings remotely.

📩 Need help restoring a deleted Estonian company? Contact us at companyforbusiness.ee.

17/07/2026

How to Increase or Reduce Share Capital in Estonia 🇪🇪📊

Many owners believe that changing the share capital of an Estonian OÜ is simply an accounting formality.

In reality, it can affect ownership, voting rights, creditor protection and taxation.

Since 1 February 2023, the former mandatory minimum share capital of €2,500 no longer applies. An OÜ may have share capital starting from €0.01 per shareholder.

A company may increase its share capital to:
✅ Admit a new investor.
✅ Finance business growth.
✅ Strengthen its balance sheet.
✅ Change ownership percentages.
✅ Convert a shareholder loan into equity.

A capital increase may be made through a monetary contribution, a non-monetary contribution or a bonus issue from existing equity.

One common mistake is transferring money without a valid shareholders’ resolution. A bank transfer alone does not increase share capital. The change becomes effective only after registration in the Estonian Commercial Register.

A company may reduce its share capital to:
✅ Return contributed capital.
✅ Cover accumulated losses.
✅ Restructure ownership.
✅ Adjust excessive registered capital.

However, a standard reduction requires creditor protection. Known creditors must be notified within 15 days, a notice must be published in Ametlikud Teadaanded, and creditors have two months to submit claims.

Common mistakes include:
❌ Ignoring pre-emptive rights.
❌ Miscalculating ownership dilution.
❌ Missing the six-month filing deadline.
❌ Paying shareholders before registration.
❌ Failing to notify creditors.
❌ Treating capital reduction as a tax-free alternative to dividends.

📌 Documented capital may be returned within the available contribution balance. Any excess may be taxed as profit distribution.

At Company for Business OÜ, we assist with:
✔ Capital increases and reductions.
✔ Shareholders’ resolutions.
✔ Articles of association.
✔ Investor entry and dilution calculations.
✔ Commercial Register filings.
✔ Creditor notifications.
✔ Accounting and tax analysis.

📩 Contact our team if you plan to change the share capital of your Estonian company.

14/07/2026

Business Travel Expenses in Estonia: Are You Applying the 2026 Tax Rules Correctly? ✈️🇪🇪

Many Estonian company owners assume that paying for flights, hotels, or other travel costs from the company account automatically makes them tax-free.

Unfortunately, this is not always the case.

A trip must have a genuine business purpose, be properly documented, and meet the legal definition of a business trip. Otherwise, the Estonian Tax and Customs Board may reclassify the payments as salary or a taxable fringe benefit.

For foreign business trips, an Estonian company may pay a tax-free daily allowance of:

✅ Up to **€75 per day** for the first 15 foreign travel days in a calendar month.
✅ Up to **€40 per day** from the 16th day onwards.

The statutory minimum daily allowance is €40. These limits have applied since 1 January 2025 and remain valid in 2026.

Important: tax-free daily allowances are not available for domestic trips within Estonia. The company may reimburse documented transport, accommodation, parking, and other necessary business expenses, but a fixed daily payment for domestic travel is generally taxable as salary.

Before paying travel compensation, the company should confirm that:

✅ The trip takes place outside the agreed workplace.
✅ There is a clear business purpose.
✅ A written travel order has been issued.
✅ The applicable 50-kilometre rule is met.
✅ Flights, hotels, taxis, and other costs are supported by receipts or invoices.
✅ Personal holiday expenses are separated from business costs.

Board members may also receive tax-free travel compensation when the trip relates to their management duties. However, being a shareholder alone does not create this entitlement.

Common mistakes include using outdated rates, paying allowances without a travel order, paying €75 for more than 15 days, reimbursing personal expenses, and treating remote work abroad as a business trip.

**Company for Business OÜ** assists Estonian companies and e-residents with travel orders, daily allowance calculations, accounting treatment, and travel expense compliance.

10/07/2026

Business Expenses in Estonia: Are You Using Every Tax Benefit Correctly? 💼🇪🇪

Many foreign business owners believe that every expense paid from their company's bank account automatically qualifies as a business expense.

Unfortunately, that's not how Estonia's tax system works.

For an Estonian OÜ, the key question is not **how much you spend**, but **whether the expense has a genuine business purpose**.

Business expenses may include:

✅ Accounting and legal services.
✅ Marketing, SEO and advertising.
✅ Software, AI tools and business subscriptions.
✅ Office and coworking costs.
✅ Business travel.
✅ Freelancers and subcontractors.

However, some expenses can easily create unexpected tax liabilities.

The most common mistakes include:

❌ Paying personal expenses with the company bank card.
❌ Buying equipment mainly for private use.
❌ Claiming private travel as business travel.
❌ Missing invoices or proof of payment.
❌ Assuming every company invoice is automatically tax compliant.
❌ Ignoring fringe benefit tax rules.

📌 In Estonia, expenses without a clear business purpose may be treated as **fringe benefits** or **non-business expenses**, creating additional corporate income tax and other tax obligations.

The best protection during an EMTA tax audit is proper documentation. Every expense should be supported by invoices, payment records and a clear explanation of its business purpose.

At **Company for Business OÜ**, we help entrepreneurs with:

✔ Bookkeeping and accounting.
✔ Business expense reviews.
✔ VAT compliance.
✔ TSD declarations.
✔ Fringe benefit taxation.
✔ Tax-efficient accounting for Estonian OÜs.

📩 Contact our team if you want to ensure your company's expenses are recorded correctly and your business remains fully compliant with Estonian tax rules.

07/07/2026

Permanent Establishment in Estonia: Could Your Foreign Business Already Be Taxable? 🇪🇪

Many foreign entrepreneurs believe that registering an Estonian OÜ or obtaining e-Residency automatically means their business is taxed only in Estonia.

It doesn't.

One of the most important international tax concepts is the Permanent Establishment (PE). If your business creates a sufficient economic presence in Estonia, part of its profits may become taxable here—even if your company is registered abroad.

A Permanent Establishment may arise if your business:
✅ Has employees working regularly in Estonia.
✅ Operates from an office or fixed place of business.
✅ Uses equipment or infrastructure located in Estonia.
✅ Has a representative negotiating or signing contracts in Estonia.
✅ Carries out core business activities from Estonia.

📌 At the same time, simply having an Estonian company or an e-Residency card does not automatically create Estonian tax residency or eliminate tax obligations in another country.

Many international businesses make costly mistakes by:
❌ Assuming e-Residency solves international tax issues.
❌ Ignoring where management decisions are actually made.
❌ Using an Estonian company only for invoicing.
❌ Failing to assess permanent establishment risks.
❌ Overlooking applicable double tax treaties.

If a Permanent Establishment exists, your business may need to:
• Register with the Estonian tax authorities.
• Maintain separate accounting.
• File tax declarations.
• Submit annual reporting.
• Pay tax on profits attributable to Estonian activities.

For companies operating across multiple countries, proper tax structuring is essential. Reviewing your business model before expanding into Estonia is usually far less expensive than resolving tax assessments, penalties, or double taxation later.

Company for Business helps foreign entrepreneurs assess Permanent Establishment risks, analyse double tax treaties, organise accounting, and ensure full compliance with Estonian tax rules.

03/07/2026

OÜ vs FIE in Estonia: Which Business Structure Is Right for You in 2026? 🇪🇪

Many entrepreneurs believe a FIE (sole proprietor) is always cheaper, while others assume an OÜ (private limited company) is always the most tax-efficient option.

📌 In reality, the best choice depends on how your business operates.

Before registering your business, ask yourself:

✅ Will you withdraw all profits for personal use, or reinvest part of them?
✅ Do you need liability protection?
✅ Will you hire employees or attract investors?
✅ Do you expect your business to grow?

Here's a quick comparison:

FIE
✔ Simpler administration.
✔ Lower accounting costs.
✔ Business income belongs directly to the owner.
❌ Unlimited personal liability.
❌ Social tax is generally payable on business income.
❌ Less suitable for growing businesses.

OÜ
✔ Limited liability.
✔ Separate legal entity.
✔ Profits can remain in the company until distributed.
✔ Better for international clients, partners and investors.
❌ More accounting and reporting obligations.
❌ Company funds cannot be used as personal money.

One of the biggest misconceptions is that an OÜ allows owners to withdraw money tax-free.

🚫 It doesn't.

Money can only be taken from the company on a legal basis, such as:
• salary;
• management board remuneration;
• dividends;
• reimbursement of documented business expenses.

Choosing the wrong structure can lead to unnecessary taxes, higher administrative costs or even personal liability.

Every business is different. The right decision should be based on your expected turnover, expenses, future plans and tax position—not on general assumptions.

At Company for Business OÜ, we help entrepreneurs choose the most suitable business structure, register Estonian companies, provide accounting services and ensure full tax compliance.

📩 Contact our team for professional advice before starting your business in Estonia.

02/07/2026

Share Capital in Estonia: Does It Still Matter in 2026?

Many entrepreneurs believe that since an Estonian OÜ can now be registered with just **€0.01** of share capital, the amount no longer matters.

📌 Legally, that's true. Commercially, it often isn't.

Since the 2023 reform, the previous €2,500 minimum has been abolished, making it easier to start a business. However, choosing the minimum share capital is not always the best decision.

Before deciding how much share capital your company should have, consider:

✅ Will you hire employees?
✅ Will you purchase inventory?
✅ Will you need bank financing?
✅ Are you planning to attract investors?
✅ Does your business require licences or regulatory approvals?

A company with €0.01 share capital is perfectly legal, but it may appear undercapitalised to banks, investors and business partners.

⚠️ Another common misconception is that share capital must remain untouched in the company's bank account.

It doesn't.

Once the company is registered, the funds belong to the company and may be used for legitimate business expenses such as rent, software, marketing, accounting, salaries or equipment.

However, shareholders **cannot simply transfer the money back to themselves** without a valid legal basis. Doing so may be treated as an unlawful distribution with potential tax consequences.

There is also an important rule many founders overlook.

📌 If an OÜ with share capital below **€2,500** becomes bankrupt and cannot even cover the costs of bankruptcy proceedings, shareholders may be required to contribute the difference up to €2,500.

Choosing the minimum share capital may reduce the cost of starting a company, but it should never replace proper financial planning.

📩 **Company for Business OÜ** helps entrepreneurs choose the right capital structure, prepare shareholder documentation, increase or reduce share capital, structure shareholder loans, and ensure full compliance with Estonian corporate and tax regulations.

30/06/2026

VAT Mistakes in Estonia: Errors That Can Cost Your Business Thousands

Many entrepreneurs believe VAT compliance simply means charging the correct VAT rate and filing the monthly KMD return.

📌 In reality, most VAT mistakes happen long before the declaration is submitted.

Incorrect VAT treatment can lead to additional taxes, interest, penalties, and even a tax audit.

Some of the most common mistakes include:

❌ Registering for VAT after exceeding the €40,000 threshold.
❌ Applying 0% VAT to every foreign customer without checking the applicable rules.
❌ Failing to verify EU VAT numbers through VIES.
❌ Ignoring reverse charge obligations for services purchased from foreign suppliers.
❌ Claiming input VAT on private or unsupported expenses.
❌ Using the wrong VAT rate or reporting VAT in the wrong period.
❌ Forgetting to submit KMD INF or VD reports when required.

Many business owners also assume that accounting software automatically applies the correct VAT treatment.

It doesn't.

Software can calculate VAT, but it cannot determine:
✔ where the place of supply is;
✔ whether the transaction is B2B or B2C;
✔ whether reverse charge applies;
✔ whether OSS registration is required;
✔ whether input VAT may legally be deducted.

These decisions require knowledge of Estonian and EU VAT legislation.

Before issuing an invoice, ask yourself:

✅ What exactly am I selling?
✅ Where is the place of supply?
✅ Who is my customer for VAT purposes?
✅ Do I have the documents supporting the chosen VAT treatment?

Getting these four questions right is the foundation of VAT compliance.

📩 Company for Business OÜ helps Estonian companies with VAT registration, KMD reporting, OSS, reverse charge, VAT reviews, correction of historical VAT errors, and communication with the Estonian Tax and Customs Board.

Professional advice before a transaction is usually far less expensive than correcting VAT mistakes afterwards.

29/06/2026

Company Loans to Shareholders in Estonia: A Common Tax Mistake

Many owners of Estonian OÜs believe they can transfer money from the company account to their personal account by simply calling it a **shareholder loan**.

📌 In reality, this is one of the most common tax and compliance mistakes.

The Estonian Tax and Customs Board looks at the **actual substance** of the transaction—not just the wording in the agreement.

A shareholder loan may create serious risks if:

❌ there is no realistic intention to repay
❌ the loan has no repayment schedule
❌ the interest is missing or below market level
❌ the money is used for personal expenses
❌ repayments never take place
❌ the loan is repeatedly extended

If the tax authority concludes that the loan is actually a hidden profit distribution, the company may face:

⚠ corporate income tax
⚠ interest on unpaid taxes
⚠ additional tax liabilities
⚠ management board liability
⚠ compliance issues during audits

Many business owners also overlook that related-party loans may require **INF 14 reporting** and must comply with Estonia's transfer pricing rules.

Before transferring company funds to a shareholder, it is important to check:

✅ whether the loan is legally permitted
✅ whether market-based terms are applied
✅ whether the borrower can realistically repay the loan
✅ whether all reporting obligations are fulfilled

A properly documented transaction is not only about signing an agreement—it must also comply with Estonian corporate and tax legislation.

At **Company for Business OÜ**, we help business owners with:

✔ reviewing shareholder loan arrangements
✔ preparing compliant documentation
✔ transfer pricing analysis
✔ INF 14 reporting
✔ accounting and tax compliance
✔ communication with the Estonian Tax and Customs Board

📩 Contact our team before transferring company funds to shareholders and avoid unnecessary tax risks.

Company for Business OÜ

28/08/2026

25/08/2026

17/07/2026

14/07/2026

10/07/2026

07/07/2026

03/07/2026

02/07/2026

30/06/2026

29/06/2026

Address

Opening Hours

Telephone

Website

Alerts

Shortcuts

Share

Listing takedown request

Monday	08:00 - 18:00
Tuesday	08:00 - 18:00
Wednesday	08:00 - 18:00
Thursday	08:00 - 18:00
Friday	08:00 - 18:00