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What form of entity is an OÜ (private limited company)?

Last updated: April 16, 2024

In Estonia there are two options for a limited liability company:

  • "AS" (in Estonian "aktsiaselts", can be treated as a public limited company)

  • "OÜ" (in Estonian "osaühing" or private limited company).

For a small company, it is recommended to use an "OÜ" for simplicity. Currently, there’s no special format for a single owner company. There are plans to introduce a new format for this purpose (called SUP) in the EU including Estonia, but it won’t happen within the next 1-2 years.

"FIE" is a sole proprietorship (full individual responsibility) which Xolo does not recommend nor support.

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