Making shareholder changes in your Estonian company is easy!

Many of you will hopefully come to a place where you need to sell your shares or add new shareholders. There are many ways to approach this depending on your specific circumstances and we can help you find the best and most cost-effective option forward for you.

1. Increase your share capital.

Adding a shareholder by increasing share capital can be done with the decision of the current shareholder (signed digitally). For example if you have a share with a nominal value of 1 euro and you want to give someone 50% - you can increase the capital to 2 euros thus giving both a share with the nominal value of 1 euro. If the other person is to be added to the management board as well then they would need e-residency (or a residency card).

2. Sell (or split and sell) your share

The option for this to be done online is by increasing capital to 10 k and abolishing the notarial share sale requirement. Can be done digitally by shareholder decision. Then afterwards the sale itself can also be done online.

3. Sale at a notary

Share sale can also be done physically at the notary or if all parties have e-residency (or residency) also digitally via video conference with the notary.

4. Sale with a POA

Lastly, share sale can also be done by sending someone notarized and apostilled powers of attorney and then they can go to the notary to complete the transaction.