Estonia jurisdiction

Estonian companies are required to register for VAT once their annual turnover reaches EUR 40,000. Until a company obtains a VAT number or hires employees, the only mandatory filing obligation is the submission of the annual report. However, this does not exempt the company from maintaining accurate accounting records in Estonia. Once the company registers for VAT or employs staff, it is required to submit reports to the Estonian Tax and Customs Board twice a month.

Obtaining a gambling licence in Estonia opens doors to the European market with clear advantages, such as low taxes and easy access to innovative digital solutions. Estonia offers a streamlined licensing process that includes an activity licence and an operational permit, making it an attractive destination for online gambling operators. With a 6% of GGR tax rate for online gambling operators and access to EU markets, Estonia presents a profitable opportunity for expanding your gambling operations.

Estonia is a popular business hub with a tax on distributed profits only. The common OÜ (LLC) structure limits shareholder liability to their investment, ideal for SMEs. Registration via power of attorney means no travel needed. A 2,500 EUR minimum share capital is required, payable within 10 years or before the first dividends. Estonia also provides a tech-savvy workforce and access to the EU market, making it an ideal hub for scaling businesses globally.