Description

The Estonian private limited company (OÜ, Osaühing) can be owned by one or more shareholders and it is required to have a director. The minimum amount to start a private limited company is 2,550 euros and the minimum nominal value of a share must be 1 euro. The Estonian private limited company must have a management board formed by Estonian residents, although management board members do not need to be shareholders and it is also required to have a registered office in Estonia.