Estonia free zones

Estonia currently counts with 3 operational free zones i) Paldiski Free Trade Zone ii) Muuga Free Trade Zone and iii) Sillamae Free Trade Zone. Healy Consultants will assist our Clients to prepare a quality application to be submitted to the free zone authorities.

Advantages

  1. Companies registered within the zone can benefit from the following tax benefits:
    • Exemption from custom duties;
    • VAT exemption for goods in transit or stored in the free zone;
    • Exemption from exercise duties;
  2. There are no restrictions on the type of enterprise that can be setup in a free zone;
  3. The three free zones are in Estonia’s ports, facilitating the transit of goods to other countries;
  4. Paldiski Free Trade Zone i) is in the Norther Port of Paldiski, ii) covers an area of 16 ha, and iii) is the closest port in Estonia to Europe;
  5. Muuga Free Trade Zone i) is located in the Muuga Harbor, the largest and deepest cargo port in Estonia, ii) covers an area of 75 ha and iii) is it the closest Free Zone to the capital;
  6. Sillamae Free Trade Zone i) covers an area of 750 ha, the biggest Free Zone in Estonia and ii) is the closest EU port to Russia, optimal for Clients wishing to expand into the region.

Comparison table between Estonia free zones

Estonia Free Trade ZonesPaldiski Free Industrial ZoneMuuga Free ZoneSillamae Free Trade Zone
FTZ used mostly by which industry?Manufacturing and WarehousingManufacturing and WarehousingManufacturing and Warehousing
Corporate tax standard rate20%20%20%
How long to set up the company?5 weeks5 weeks5 weeks
How long to open the bank account?4 weeks4 weeks4 weeks
Quality of utilitiesGoodGoodGood
Allowed to sign sales contracts with Estonian clients?YesYesYes
Allowed to invoice Estonian Clients?YesYesYes
Corporate bank accountDanske BankNordea BankSwedbank
Physical office space required?YesYesYes
Allowed to import raw materials?YesYesYes
Allowed to export goods?YesYesYes
Can be wholly foreign owned?YesYesYes
Can the entity hire expatriate staff?YesYesYes
Min number of directors111
Minimum number of shareholders111
Tax registration certificate requiredYesYesYes
Individual shareholders allowedYesYesYes
Corporate shareholders allowedYesYesYes
LLC company allowed?YesYesYes

Contact us

For additional information on our company registration services in Estonia, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Mr. Seth Ochieng, directly:
client relationship officer - Seth
estonia-travel estonia-tax estonia-government estonia ministry of economic affairs and communications estonia chamber of commerce estonia-bank estonia-tourism