About Estonia

Introduction to Estonia

Estonia

At BBCTallinn, we help entrepreneurs from around the world take advantage of Estonia’s business-friendly environment, advanced digital infrastructure and supportive start-up ecosystem. Whether you are launching a new venture or expanding internationally, Estonia offers a smart, efficient and innovative place to do business. Discover why Estonia is one of Europe’s top destinations for entrepreneurs and how BBCTallinn can guide you every step of the way.

Why Estonia

At BBCTallinn, we believe Estonia is one of the most attractive countries in Europe for starting and growing a business. We are dedicated to helping international entrepreneurs understand the unique advantages Estonia offers as a place to register a company and build long-term success.

Estonia’s digital first approach, skilled workforce and supportive business environment create ideal conditions for entrepreneurs. The country’s highly efficient e governance system allows for quick and fully online company registration, often completed in under a day. The low corporate tax rate of 20 percent, combined with a reinvested profit tax exemption, helps businesses retain more of their earnings. Strategically located between Europe and Asia, Estonia provides easy access to both regional and global markets.

Estonia is also known for its strong focus on innovation and technology. Government backed initiatives like the e Residency programme make it possible for foreign founders to manage Estonian companies remotely. These digital advancements have supported the rise of global success stories including Skype, Wise and Bolt.

With its progressive policies, robust infrastructure and digital mindset, Estonia continues to attract entrepreneurs from around the world. If you are planning to start a business in Estonia, BBCTallinn is here to guide you with expert advice and reliable local support.

Economic situation

  • Steady and sustainable GDP growth
  • Member of the European Union and the World Trade Organization
  • Euro as the official currency, supporting seamless European transactions
  • Ranked 16th globally in the Index of Economic Freedom
  • Equal treatment for local and foreign investments
  • Transparent and straightforward taxation system
  • No tax on retained or undistributed profits
  • Fifty nine active double taxation treaties to prevent income being taxed twice

Favourable business environment…

  • Strategic location with easy access to Scandinavia, Central Europe and CIS countries
  • Very low levels of corruption and administrative bureaucracy
  • Fast and simple company formation — companies can be registered online in under 30 minutes
  • Highly educated and skilled local workforce
  • Multilingual population — most people speak English or Russian as a second language
  • Strong digital infrastructure — most government services and business processes are accessible online

About

Estonia’s e Residency Programme

Estonia is internationally recognised for its innovative digital government services, and one of its most impactful initiatives is the e Residency programme. Launched in 2014, e Residency allows entrepreneurs from around the world to start and manage a business in Estonia entirely online, without the need to live or even visit the country.

By becoming an e Resident of Estonia, you gain access to a secure digital identity issued by the Estonian government. This digital ID enables you to register a company, sign documents electronically, access banking and payment services, and handle tax reporting remotely. It is a smart solution for freelancers, remote teams and business owners looking to operate within the European Union without the complexities of relocation.

One of the main advantages of e Residency is the ability to manage an EU-based company with minimal bureaucracy and lower administrative costs. Estonia’s advanced digital infrastructure supports a wide range of online business tools, making day-to-day operations simple and efficient. Entrepreneurs also benefit from access to a trusted legal and financial ecosystem, including service providers who specialise in working with international founders.

Today, over 100,000 people from more than 170 countries have joined the e Residency programme, building businesses across sectors such as IT, consulting, marketing and e commerce. Whether you are just starting out or looking to expand into European markets, e Residency offers a flexible, cost-effective and future-focused way to grow your business.

To explore the official programme and apply online, visit the Estonian e Residency website. If you would like personalised support or have questions about getting started, feel free to contact BBCTallinn. We are here to help you every step of the way.

Frequently Asked Questions

Can I open a business in Estonia if I don’t live there?

Yes, you can. There are two main ways to open a company in Estonia if you are not a resident. The most popular option is through the e Residency programme, which allows you to establish and manage a digital company entirely online. Alternatively, you can register a company in person by visiting Estonia or remotely by using a notarised power of attorney.

How long does company registration take?

Registering a company in Estonia is fast and straightforward. If you are using the e Residency digital ID, the process is fully online and usually completed within one working day. If you choose to register the company via a notary in Estonia, it typically takes up to five business days. For remote incorporation using a notarised power of attorney, additional time is required to prepare, translate and send original documents. BBCTallinn can assist with each method and ensure everything is handled correctly and efficiently.

Do I need a local address or contact person?

Yes, Estonian law requires every company to have a local legal address and a contact person if the board is located outside of Estonia. BBCTallinn offers these services as part of our business support packages, so you can meet the requirements without additional hassle.

Do I need to hire employees in Estonia?

No, you are not required to hire employees locally unless your business model demands it. Many digital entrepreneurs operate Estonian companies with remote teams or as solo founders. However, Estonia does have a highly educated workforce if you choose to expand locally.

Is it difficult to manage accounting and reporting from abroad?

Not at all. Estonia has a fully digital infrastructure, and there are many local service providers that offer cloud-based accounting and tax reporting. BBCTallinn also provides accounting packages tailored for international clients.

Can I open a bank account for my Estonian company?

Yes, although it depends on your business structure and the bank’s internal policies. Local banks require in-person visits and connection to the country. There are also fintech alternatives like Wise, PaySera and Revolut that are commonly used by e Residents.