After you have registered a private limited company in Estonia the shareholder(s) should deposit the minimum share capital of €2500 or any other amount chosen when registering a limited company (osaühing or OÜ). Share capital needs to be paid up before distributing any dividends from profits.

€2500 is the minimum required amount and all the companies registered via Unicount have this amount of share capital unless your have increased it during the registration or later by issuing new shares for example.

Your company share capital can be used for business operations but you cannot reduce it below €2500 by making payments back to your account.

All the companies registered via Unicount by default are postponing the payment of share capital according to standard articles Unicount uses. You as a founder can pay for your share later, but always from your own personal account not from company funds.

Until you have paid the share capital you have the liability to the company for the obligations of the company in the same amount as the unpaid capital and you cannot distribute any dividends.

Here is a step-by-step guide for registering your share capital in the Estonian Business Register.

  1. Log in to Business Register

  2. Find the company to access

  3. Start the petition

  4. Remove the share capital condition

  5. Upload your financial institution document

  6. Check the details of the entry petition

  7. Sign the petition digitally

  8. Pay the state fee

  9. Submit your petition

Step 1

Log in to the Estonian Business Register using your e-resident digital ID card. Smart-ID does not work there.

Step 2

Find the company you would like to access and click on the company name.

Step 3

Click "Start the petition for an entry regarding alteration".

Step 4

Remove the tick "Established without making contribution" and click save the changes.

Step 5

If you have an electronically signed deposit certificate from your business banking service provider go to the section "Additional documents to be submitted with the entry petition" and click "Add a document".

Upload your financial institution share capital payment document by selecting "Bank notice" from the drop-down menu and adding the file from your computer.

NB! Always upload digitally signed .asice or .bdoc file container that includes financial institution's digital signature. PDF files and all other formats will end up being rejected by court.

If you have only paper document with business banking service provider handwritten signature and seal please go to "Additional documents submitted" on paper section and click "add paper document".

Now choose the type of document "Bank notice" and click Add a document. This documents now needs to be sent to Tartu County Registration Department per mail. The address of the department is Pikk 32, 44307 Rakvere, Estonia. After this you can proceed to step 6.

Step 6

Click "Check the details of the entry petition".

Step 7

Sign the petition digitally with your e-resident card and confirm signatures. Please note that you need to have unlimited board member rights if you sign alone.

Step 8

Pay the state fee of 18 euros to one of the IBAN accounts shown. You are not required to present the payment document but the court will check the payment status before they process your petition.

Step 9

Be sure to submit your petition by clicking "Send the petition for proceeding".

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