To understand the procedure for a firm to be set up by a non-resident in Estonia, you should study:
· the legislative framework;
· the tax code;
· the list of government institutions involved into the process.
In general, the authorities do not distinguish between the foreign and local applicant, except for the following tow aspects:
1. A citizen of the Russian Federation or any other country can set up a firm in Estonia only through concluding a contract with a contact person (it can be a person with Estonian type passport and a company);
2. Documents can be submitted to the commercial register only through a notary.
The procedure itself can be carried out in the standard and electronic mode. The second option is much more expensive and is available only for those businessmen who have obtained e-Residency.
To set up a firm in Estonia, an applicant shall do the following:
· to prepare a package of articles of incorporation;
· to select the type of the legal entity;
· to think of variants of names;
· to develop a charter;
· to rent a legal address;
· to register documents in the commercial register and so on.
It is difficult to go through all the steps independently that is why it is recommended to entrust registration of a firm.