Est.
Estonian OÜs (LLCs)
e-Residency marketplace rating
An offer too good
to scroll past
Launch your Estonian OÜ with e-Residency’s most popular service provider and save €652! We’ll pay your company registration fee (€265 value) and give you 3 months of our most popular plan, Leap Pro, for FREE (€378 value)
By participating in this promotion, you are agreeing to use Xolo Leap for a minimum of 6 months. Should you decide to terminate the partnership early, you will be charged for the original €265 company registration fee.
Get it all done from your all-in-one dashboard
Transform your admin to-dos into dones in just 10 minutes a day. Press play to see it in action!
€129/month
Solos are saying…
Everything you need & nothing you don't
All the essential features and services modern solopreneurs need to run a borderless business
Incorporation & Reporting
Incorporation
Incorporating a new company can be stressful and time-consuming, especially when you're doing it in a foreign country. Not when you have Xolo on your side! In just a few clicks, your new OÜ will be registered through the Estonian government's API. Our team will take it from here on all things incorporation admin, including applying for and registering your VAT code. Since it's a legal requirement for every Estonian business to have a local address and contact, we'll interface with local agencies as your point of contact and forward all your mail to you. And as an added bonus, you'll be able to claim the European tech capital of Tallinn as your business' official address!
Taxes & Reporting
We know that staying on the sunny side of compliance laws is one of the most stressful aspects of running a business. We’re proud to employ some of the best accounting and compliance experts in Estonia to ensure your company is running by the book. Here are the compliance and reporting activities we’ll take off your hands:
We’ll also keep you updated on any relevant tax laws changes and advise you accordingly.
One last thing: Our team will periodically reach out to ask for specific company information. By responding in a timely manner, we will be able to submit your company’s reports by the deadline so you can avoid further financial penalties.
Banking & Integrations
You have a few options when it comes to integrated business banking with your new OU:
The Fast & Easy Way
If you’re in a hurry and don’t want to overcomplicate things, you can’t do better than opening a Wise multi-currency account. You can open an account 100% online and verification is typically completed within a few days, so you can start invoicing (and getting paid) that much faster!
The More is Better Way
If you choose to bank through our local banking partner LHV, you’ll need to make a quick trip to Estonia to open your account. But all that extra travel can be worth it, as LHV guarantees all deposits up to €100 000. Certain businesses (YouTubers, for example) will require your business location and IBAN to have a matching location, which is another reason to consider LHV. Banking with LHV can also come with opportunities to re-invest your company's profits (see the Investment tab below).
Pro tip: If you decide to spring for the Pro or Growth tiers of Leap, you’ll have the option to integrate any bank account (traditional or neobank) that’s in the name of your Estonian OÜ.
Integrations
*Access to gateways varies based on location. Learn more about banking options here
Payroll
Pay yourself a salary
Because if you can't pay yourself for all your hard work, what's the point? You can choose how much and how often you pay yourself a salary, and we'll keep it compliant on the bookkeeping and reporting side. You can also pay yourself dividends (but not until you've paid the required €2500 share capital to the Estonian Tax Authority).
Add some helping hands
With your new OÜ, you'll have the option to add employees to your payroll — but only if they're Estonian residents. You can also hire subcontractors from pretty much anywhere.*
*As long as they’re not residing in a sanctioned country, you’re good to go.
Incorporation & Reporting
Incorporation
Incorporating a new company can be stressful and time-consuming, especially when you're doing it in a foreign country. Not when you have Xolo on your side! In just a few clicks, your new OÜ will be registered through the Estonian government's API. Our team will take it from here on all things incorporation admin, including applying for and registering your VAT code. Since it's a legal requirement for every Estonian business to have a local address and contact, we'll interface with local agencies as your point of contact and forward all your mail to you. And as an added bonus, you'll be able to claim the European tech capital of Tallinn as your business' official address!
Taxes & Reporting
We know that staying on the sunny side of compliance laws is one of the most stressful aspects of running a business. We’re proud to employ some of the best accounting and compliance experts in Estonia to ensure your company is running by the book. Here are the compliance and reporting activities we’ll take off your hands:
We’ll also keep you updated on any relevant tax laws changes and advise you accordingly.
One last thing: Our team will periodically reach out to ask for specific company information. By responding in a timely manner, we will be able to submit your company’s reports by the deadline so you can avoid further financial penalties.
Banking & Integrations
You have a few options when it comes to integrated business banking with your new OU:
The Fast & Easy Way
If you’re in a hurry and don’t want to overcomplicate things, you can’t do better than opening a Wise multi-currency account. You can open an account 100% online and verification is typically completed within a few days, so you can start invoicing (and getting paid) that much faster!
The More is Better Way
If you choose to bank through our local banking partner LHV, you’ll need to make a quick trip to Estonia to open your account. But all that extra travel can be worth it, as LHV guarantees all deposits up to €100 000. Certain businesses (YouTubers, for example) will require your business location and IBAN to have a matching location, which is another reason to consider LHV. Banking with LHV can also come with opportunities to re-invest your company's profits (see the Investment tab below).
Pro tip: If you decide to spring for the Pro or Growth tiers of Leap, you’ll have the option to integrate any bank account (traditional or neobank) that’s in the name of your Estonian OÜ.
Integrations
*Access to gateways varies based on location. Learn more about banking options here
Payroll
Pay yourself a salary
Because if you can't pay yourself for all your hard work, what's the point? You can choose how much and how often you pay yourself a salary, and we'll keep it compliant on the bookkeeping and reporting side. You can also pay yourself dividends (but not until you've paid the required €2500 share capital to the Estonian Tax Authority).
Add some helping hands
With your new OÜ, you'll have the option to add employees to your payroll — but only if they're Estonian residents. You can also hire subcontractors from pretty much anywhere.*
*As long as they’re not residing in a sanctioned country, you’re good to go.
Shareholders & Investments
Add multiple shareholders
For subscribers to our Pro and Growth plans, you'll have the option to add multiple shareholders to your Estonian company. Please note that all board members must also be active e-residents!
Build wealth
One of the perks of having a company in Estonia is you don't have to pay taxes on profit that you choose to re-invest. If you open an account with our banking partner LHV you can re-invest your profits and defer tax payments until you withdraw your financial gains as a salary.
All about e-Residency
Everything you need to know about the surprisingly simple process of registering and running a fully remote company with Estonian e-Residency
Still got questions?
If you’re looking for less flashy marketing language, more straight answers, then head to our expansive FAQ library to transform all your ?s into !s