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Date: Sunday, November 08, 2009
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Description: Dear Reader
We are now offering Indian nationals for a chance to live in Europe and offer residency in Estonia member of the european union and in the shengen area.
Simple steps is to register a company with us and apply for your residency in Estonia
what ever your business we can help
feel free to contact us with any questions
Estonian company formation and sale
Only in Estonia companies Corporate Income tax 0%
ESTONIAN LTD COMPANIES
The price of a limited liability company includes:
- an off-the-shelf LTD, with a holding of 40 000 EEK
- an open bank account, at the sales moment there is 0 EEK at the account
- state duty for the change of management, address and at option also for the name change
- part of the notarial fee for the deed of purchase and for the statement application
- at option a notarial authorisation, enabling to launch immediate business activity after the execution of the purchase-sales transaction at the notary (sign contracts, open/change/terminate/handle a bank account etc.)
- compilation of all the required documents and submitting them to the Commercial Registry.
According to the valid commercial code the limited liability company has a shared holding. The shareholder is not individually responsible for the liabilities of the LTD the LTD is responsible with all of its assets for meeting its liabilities.
The minimum size of holding is 40 000 EEK. The advance payment of the holding can be whether monetary or nonmonetary. The nonmonetary advance payment is evaluated by the management. If the nonmonetary advance payment is bigger than 40 000 EEK or a half from the holding, the auditor inspects the evaluation.
The shareholders pronounce their decisions at the general meeting of the shareholders. A regular general meeting is held at the latest in 6 months from the end of the economic year.
The daily activity of the company is arranged by the management board. The management board has one (manager) or several members. The residence of at least half of the board members should be whether in Estonia or in the European Economic Area. If the management board has over two members, they will choose from their midst a board chairman who will arrange the activities of the board.
LTD must also have an auditor, if the LTD holding is more than 400 000 EEK or it is determined by the statutes. The economic year account must be audited, if minimum two of the following three indicators have been met by the balance day – sales revenue 10 million EEK, balance sheet total 5 million EEK and the number of employees 10.
Company registration and sale of ready-made companies in Estonia.
Office, telephone, email, WWW and fax service.
Acquirement of the Tax Resident Certificate.
Document’s legalization.
Company registration fee - 700 EURO
Foundation capital for Private Limited Company company (can be used after registration) - 2600 EURO
Estonian citizen patricipating in the board fee (requaired - 50% board members must be Estonian residents) - 3500 EURO per year
General Power of Atterny - 200 EURO
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