Share capital contribution at incorporation of an Estonian company

200 € item

Goals

Our service allows you to make a minimum share capital contribution of 2,500 euros during company incorporation according to the Estonian law. Should you require a non-monetary contribution exceeding this amount, we will prepare a personalised offer for you. 

Facts about share capital:

  • the minimum share capital of a limited liability company is 2,500 euros
  • the owners are personally responsible for the share capital contribution 
  • dividends cannot be paid until the capital is registered
  • the owner transfers the sum to the company account in the EU bank or payment system, in the case of a monetary contribution 
  • the owner transfers material assets to the company’s balance sheet, in the case of a non-monetary contribution 
  • the contribution of the share capital is mandatory if there are legal persons among the founders

Price

The cost of support during the process of the minimum share capital registration is 200 euros. The price does not include VAT, which can be applied.

Why choose Magrat?

  • Magrat is a licenced trust and company service provider (licence №FIU000154) with the right to act as a Contact Person for non-residents of Estonia  
  • Magrat is an authorised participant of the e-Residency programme registered as a business service provider in the e-Residency Marketplace 
  • our team comprises successful and experienced lawyers who have been specialising in the incorporation and support of Estonian companies since 2009
  • we provide an individual approach to each client
  • we take into account all nuances of corporate law in Estonia
  • we offer comprehensive company support including contact person service, postal address or physical office renting, bookkeeping, bank account opening assistance

What does the price include?

In the case of a non-monetary contribution of the share capital, which does not exceed 2,500 euros 

  • preparation of the founders’ decision on the share capital contribution  
  • preparation of non-standard Articles of Association to make a non-monetary contribution 
  • preparation of the Contribution Agreement confirming that the contribution has been transferred to the company account and its value is equal to the value of the share 
  • representation of the Client before a notary 

In the case of a monetary contribution 

  • support during communication with a bank or payment system for obtaining a share capital contribution certificate
  • representation of the Client before a notary for submission of the documents proving the monetary share capital contribution

Our price does not include

In the case of a non-monetary contribution

  • sending the original documents by post if required 
  • preparing the documents for non-monetary contribution represented by real estate, car or other property subject to registration 

In the case of a monetary contribution 

  • opening an account for a natural person (200 euros) and a company (600 euros) in a payment system

What is required from the Client?

In the case of a non-monetary contribution

  • details of the property to be contributed as the share capital  

In the case of a monetary contribution 

  • transfer of the share capital amount from the personal bank account to the company’s bank account 
  • sending of the payment orders to a bank or payment system according to Magrat’s instructions

Result

The registration of the company in the Commercial Registry as the one with the contributed share capital, which is confirmed by the extract from the Registry.

Timing

In the case of a non-monetary contribution

Preparation of the necessary package of documents takes 1–2 business days upon receipt of the required information from the Client.

In the case of a monetary contribution

The time for issuing a share capital contribution certificate depends on the financial institutions and rarely exceeds 2 weeks. However, the procedure may take longer if a bank requests additional information from the Client.

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