The table below presents the most popular legal entity types across Estonia, Latvia, and Lithuania.
| Country | Legal Entity Type | Minimum Share Capital | State Fee | Estimated Registration |
|---|---|---|---|---|
Estonia |
Private Limited Company (OÜ) | 0.01 € | 265 € | 15 minutes |
Estonia |
Public Limited Company (AS) | 25 000 € | 200 € | 5-7 calendar days |
Latvia |
Limited Liability Company (SIA) | 2 800 € | 75 € | 15 minutes |
Latvia |
Joint Stock Company (AS) | 35 000 € | — | 5-7 calendar days |
Lithuania |
Private Limited Company (UAB) | 1 000 € | 32 € | 1-3 calendar days |
Lithuania |
Public Limited Company (AB) | 40 000 € | 32 € | 5-7 calendar days |
Why Register a Company in the Baltics
30 years of leadership in digitalisation and e‑administration
The Baltic states are global pioneers in digital public services, offering seamless online company formation, secure digital identity systems, and efficient state platforms.
Predictable and transparent regulatory environment
Clear rules, stable legislation, and straightforward compliance requirements make Estonia, Latvia, and Lithuania attractive for founders, investors, and remote‑first businesses.
Fast registration and low administrative costs
Most entities can be established within days, with minimal bureaucracy and competitive state fees compared to Western Europe.
Fully paperless company management
From signing documents to filing reports, nearly all corporate processes can be completed online, enabling efficient remote operations.
Full members of the Eurozone
All three Baltic states use the euro, ensuring currency stability, seamless cross‑border payments, and easier financial planning for international businesses.

Estonia
Latvia
Lithuania