An osaühing has share capital in euros, one or more founders and a management board — rules set by the Commercial Code and applied through the e-Business Register.
The core rules for establishing and running an Estonian private limited company.
A private limited company (osaühing, OÜ) can be established through the e-Business Register portal; the RIK guidance describes the application flow, including founders, board and beneficial owners.
Commercial Code: an OU may be founded by one or several persons, and a founder may be a natural person or a legal person.
Commercial Code: OU share capital is denominated in euros, and the minimum nominal value of a share is one cent (with larger nominal values being exact multiples of one cent).
Commercial Code: founders must pay for shares in full before the petition for registration is filed, and must open a bank account in the name of the company being founded into which monetary contributions are paid.
Commercial Code: where the contribution to the share capital exceeds EUR 50,000, the registration petition must be accompanied by a notice from a credit institution or payment institution on the payment of the share capital.
Commercial Code: the OU management board may have one member or several; a board member need not be a shareholder but must be a natural person with active legal capacity.
Commercial Code: the management board prepares the annual report under the Accounting Act and submits the approved report to the commercial register within six months after the end of the financial year.
Establishment of a private limited company — RIK (Abiinfo)
Commercial Code (Aariseadustik), English translation — Riigi Teataja
Fact sheet last reviewed 2026-09-28. Jurisdiction rules are confirmed against the sources above; a provider's own requirements differ and are confirmed by the provider.
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Commercial Code: OU share capital is denominated in euros, and the minimum nominal value of a share is one cent (with larger nominal values being exact multiples of one cent).
Commercial Code: the OU management board may have one member or several; a board member need not be a shareholder but must be a natural person with active legal capacity.
No. Latynex is not a bank, EMI or payment institution. We review your case and, where suitable, introduce it to an independent, regulated financial provider who handles the account itself.
No. No introducer can guarantee a banking or payment-account decision. The provider you are introduced to runs its own KYC/KYB review and makes the final call under its own policies.
Typically: certificate of incorporation, register of directors and shareholders, proof of UBO identity and address, a description of business activity, and evidence of source of funds. Exact requirements vary by provider.
Setup and ongoing fees vary with jurisdiction, ownership structure, business activity, expected turnover and compliance profile. The provider discloses its fees before you proceed, and any Latynex advisory fee is disclosed separately.
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