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DIGITAL EU ENTRY in Estonia Company Formation Consulting
Form an Estonian OÜ entirely online with e-Residency. ŞirketOn coordinates the end-to-end process via partner local advisors.
The company formation process in Estonia
Estonia is the world’s first digital republic. With the e-Residency program you can initiate OÜ (Osaühing — LLC) formation entirely online, without ever visiting Estonia. ŞirketOn coordinates this via our partner local advisors with everything signed digitally.
Who can incorporate in Estonia?
Anyone whose e-Residency application is approved can form an OÜ. The process is quite simple for Turkish nationals. Note: owning an OÜ does not grant Estonian residency.
Advantages of incorporating in Estonia
100% digital process, 0% retained earnings tax, digital EU market access, and a transparent legal framework.
0% on Retained Earnings
Pay no tax until you distribute profit; 20% only on distribution.
100% Digital
Everything online: formation, filing, banking, contract signing.
EU Market
Estonia is an EU member; full intra-EU trade benefits apply.
Fast Setup
With e-Residency, your company is live in 5-7 days.
Low Operating Cost
€200-500 annual maintenance — among the most affordable EU jurisdictions.
What company types can you form in Estonia?
| Company Type | Min. Capital | Liability | Best For | Key Feature |
|---|---|---|---|---|
| OÜ (Osaühing) | €2,500* | Limited to share | General founders | Most common, flexible |
| AS (Aktsiaselts) | €25,000 | Limited to share | Large-scale firms | Share transfers, IPO-ready |
| FIE | None | Unlimited | Solo freelancer | Single person, no liability shield |
| MTÜ (Non-Profit) | None | Limited | Non-profit orgs | Social-impact projects |
Documents required for formation
How the process works in Estonia
Apply for e-Residency; the card is delivered to the Estonian consulate in Turkey within 4-8 weeks.
With your digital ID, register the company on the e-Business Register portal. Our partner local advisor drafts the articles of association, which are signed digitally.
The company is registered and assigned a tax number. Set up online banking via Wise, Payoneer, or similar.
e-Residency card delivery 4-8 weeks. OÜ formation 1-2 business days after that. Bank account 3-7 days.
Cost of forming an Estonian company
Total: e-Residency fee €100-120, formation and registry €190-265, annual digital address €100-300. Annual maintenance €500-1,000. ŞirketOn package covers consulting + process coordination.
Begin your Estonian company formation with ŞirketOn
e-Residency, OÜ formation, tax registration, and digital accounting — all in one package.
Get startedAbout forming a company in Estonia
What is e-Residency?
A digital identity program from the Estonian government. e-Residents can form, run, and digitally sign for Estonian companies without being physically present.
Does it grant residency or citizenship?
No. e-Residency is purely a digital identity — no visa, citizenship, or residency rights.
How is income taxed in Estonia?
Estonia has 0% tax on retained earnings. You pay 20% only when distributing profit. As a Turkey resident, watch your income side carefully.
Can I open an Estonian bank account?
Estonian banks offer limited access. Usually Wise Business, Payoneer, or Revolut Business are recommended.
Does ŞirketOn file the official applications?
No. e-Residency, trade-registry, and tax filings are handled by our partner local advisors. ŞirketOn provides process coordination and digital tracking.
Do I owe Turkish VAT?
If you sell in Estonia, you owe local VAT. Your Turkey residency may also trigger income tax there.