Navigating the World of Sole Entrepreneurship in Estonia: A Guide for E-Residents
A Füüsilisest Isikust Ettevõtja, or sole proprietor, is an individual who offers goods or services for compensation in their own name, with the sale of goods or services being a permanent activity.
Embarking on a solo entrepreneurial journey as a sole proprietor, also known as a Füüsilisest Isikust Ettevõtja (FIE) in Estonia, can be an exciting yet challenging endeavor. In this blog post, we’ll explore the key aspects of establishing yourself as a sole entrepreneur in Estonia, shedding light on the nuances, benefits, and considerations for e-residents.
Understanding Füüsilisest Isikust Ettevõtja (FIE)
A Füüsilisest Isikust Ettevõtja, or sole proprietor, is an individual who offers goods or services for compensation in their own name, with the sale of goods or services being a permanent activity. The activities of a sole proprietor are regulated by the Business Code.
Getting Started
Before diving into entrepreneurial activities, a FIE must submit an application for registration in the commercial register. There are two methods for registering as a FIE: submitting a digitally signed application through the entrepreneur portal or presenting a notarially certified application to the court registry department.