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Estonia Corporate Tax 2026: 0% on Retained Profits, 22% CIT & VAT Guide

How does corporate tax work in Estonia in 2026? 0% on retained profits, 22% CIT on distributed dividends, 24% VAT, e-Residency OÜ setup, employer social tax, and filing rules for businesses.

0% Retained Profits22% Dividend TaxVAT 24%OÜ Companye-Residency
Updated: February 28, 2026
Estonia taxes corporate profits only when they are distributed. Retained and reinvested earnings stay at 0%. When a company pays dividends, it owes 22% corporate income tax (CIT), calculated as 22/78 of the net dividend. The standard VAT rate is 24% since July 2025. Employers pay 33% social tax plus 0.8% unemployment insurance on top of gross wages. The most popular business form is the OÜ (private limited company), which you can register fully online through the e-Residency program with no minimum share capital requirement. The planned increase to 24% income tax was cancelled in December 2025 — the rate stays at 22% for 2026. Below is the full breakdown of rates, deductions, withholding taxes, and compliance rules for doing business in Estonia.
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Corporate Tax Rates by Business Structure

Tax System and Rates

Estonia uses a unique deferred taxation model. Companies pay no CIT on retained profits — tax applies only when profits leave the company as dividends or other distributions. Resident companies are taxed on worldwide distributed profits. Non-resident companies with a permanent establishment (PE) in Estonia pay tax only on profits distributed from Estonian sources. The CIT rate is 22% of gross distribution (22/78 of net payout). The reduced rate of 14% for regular dividend distributions was abolished from January 2025.

Retained profits: 0% corporate tax

Distributed profits (dividends): 22% CIT (22/78 of net)

Residents: taxed on worldwide distributed income

Non-residents with PE: taxed on Estonian-source distributions

No reduced 14% rate from 2025 — single 22/78 rate applies

OÜ (Private Limited Company)

Tax on Retained Profits

0%

No tax until distribution

Tax on Dividends

22%

22/78 of net dividend

Minimum Capital

€0.01

No practical minimum since 2023

Most popular form for startups and SMEs

Limited liability for shareholders

Register 100% online via e-Residency

One shareholder and one director allowed

State fee €265 for online registration

AS (Public Limited Company)

Tax on Retained Profits

0%

Same deferred model

Tax on Dividends

22%

22/78 of net dividend

Minimum Capital

€25,000

Required upfront

For larger businesses or public offerings

Required for stock exchange listing

Supervisory board mandatory

More complex governance structure

Director cannot be a shareholder

Branch (Filiaal)

Tax on Estonian Profits

22%

On distributed profits from PE

Liability

Parent Company

Full parent responsibility

Capital Required

None

No separate capital

Extension of foreign company in Estonia

Taxed as permanent establishment

Parent company fully liable

Must register in Commercial Register

Subject to Estonian tax compliance

FIE (Sole Proprietor)

Income Tax

22%

Flat personal income tax

Social Tax

33%

On business income

Liability

Unlimited

Personal assets at risk

Taxed as personal income (no CIT deferral)

No separate legal entity

Unlimited personal liability

Simple registration

Suitable for freelancers with low turnover

Corporate Tax Rate Overview 2026

Business TypeTax RateKey Features
OÜ (Private Limited)0% retained / 22% distributedLimited liability, €0.01 min capital, online setup
AS (Public Limited)0% retained / 22% distributed€25,000 min capital, supervisory board, for large companies
Branch (Filiaal)22% on PE distributionsNo separate entity, parent liable, registered in Estonia
FIE (Sole Proprietor)22% personal income taxUnlimited liability, 33% social tax, no CIT deferral
Entrepreneurship Account20% flat rateFor micro-entrepreneurs, up to €40,000/year turnover

The planned increase to 24% CIT was cancelled in December 2025. The rate stays at 22% (22/78) for 2026. Defense tax was also abolished.

VAT (Käibemaks) Rates and Rules

Standard and Reduced VAT Rates 2026

24%standard VAT rate (since July 2025, permanent)
13%accommodation and hotel services
9%books, medicines, press publications
0%exports, intra-EU supplies

Estonia raised the standard VAT from 22% to 24% on July 1, 2025 — this increase is now permanent. Accommodation services moved from 9% to 13% in January 2025. Press publications moved from 5% to 9%. VAT registration is mandatory when taxable turnover exceeds €40,000 per year. The EU-wide SME Scheme (for turnover up to €100,000 across all EU countries) continues in 2026. VAT returns must be filed monthly by the 20th of the following month through the e-MTA portal.

VAT Rate Structure 2026

RateApplies To
24% (standard)Most goods and services, electronics, professional services, alcohol
13% (reduced)Accommodation services, hotel services with breakfast
9% (reduced)Books, newspapers, magazines, medicines, medical devices
0% (zero)Exports outside EU, intra-EU supplies to VAT-registered businesses, international transport
ExemptFinancial services, insurance, healthcare, education, postal services

Standard rate increased from 22% to 24% on July 1, 2025 and is now permanent. Press publications rate increased from 5% to 9% from January 2025.

Estonia's Unique 0% Tax on Reinvested Profits

Estonia's core advantage stays intact in 2026. Companies pay zero tax on profits they keep in the business — whether for operations, equipment, hiring, or growth. Tax kicks in only when profits leave the company as dividends, share buybacks, or capital reductions. This model benefits startups, tech companies, and any business that reinvests heavily. Estonia has topped the Tax Foundation's International Tax Competitiveness Index for 12 years running.

Corporate Tax Deductions and Incentives

Withholding Tax and Dividends

Dividend and Withholding Tax Rates

Estonia's CIT on dividends is paid at the company level — not withheld from shareholders. No separate withholding tax applies to dividend payments to non-residents (corporate or individual) under domestic law. From 2025, the reduced 14/86 rate and the 7% individual withholding on regular dividends were abolished. Royalties paid to non-residents carry a 10% WHT under domestic law (reducible by treaties). Interest paid to non-residents is not subject to WHT. Service fees to non-resident companies: 22% WHT (exemptions possible under double tax treaties). Estonia has tax treaties with 63+ countries.

Dividends: 22% CIT at company level, no WHT on payments to shareholders

Interest to non-residents: 0% WHT

Royalties to non-residents: 10% WHT (treaty reductions available)

Service fees to non-resident companies in Estonia: 22% WHT (treaty exemptions apply)

EU Parent-Subsidiary Directive: 0% on qualifying distributions to EU parent companies

EU Interest & Royalties Directive: 0% on arm's-length payments to associated EU/Swiss companies

Deemed Profit Distributions

Taxable Events Beyond Dividends

Estonia taxes not only formal dividends but also 'deemed distributions.' These include fringe benefits to employees and directors, gifts and donations, entertainment expenses above limits, payments without a business purpose, and transfer pricing adjustments. For fringe benefits, the employer pays both 22% income tax and 33% social tax on the taxable value. Donations to specific Ukraine-support organizations are tax-exempt until end of 2027.

Fringe benefits: 22% income tax + 33% social tax paid by employer

Gifts and donations: taxed as deemed distribution unless to qualifying recipients

Entertainment: €50/month + 2% of payroll fund tax-free, excess taxed

Transfer pricing adjustments: treated as hidden distributions

Non-business expenses: taxed at company level when identified

Pillar Two Global Minimum Tax

15% Global Minimum Tax (EU Directive)

Estonia implemented the EU Minimum Tax Directive for multinational groups with consolidated revenue of €750 million or more. If the effective tax rate in Estonia falls below 15%, other jurisdictions may tax the shortfall. The abolition of the 14% reduced CIT rate in 2025 helps Estonian companies achieve the 15% minimum threshold. Companies distributing at least enough to reach a 15% effective rate avoid top-up taxation abroad. Safe harbor provisions and transitional rules are in effect.

Applies to groups with €750M+ consolidated revenue

Estonia's 22% distributed rate exceeds the 15% floor

Retained profits (0% tax) may trigger top-up tax in parent jurisdiction

GloBE Information Returns required from qualifying groups

Safe harbor rules reduce compliance for low-risk entities

Employer Social Contributions

Payroll-Related Employer Obligations

Employers in Estonia pay 33% social tax (covers pension and health insurance) plus 0.8% unemployment insurance on gross wages. Total employer burden is 33.8% on top of gross salary. Employees contribute 1.6% unemployment insurance and optionally 2%, 4%, or 6% to the second pension pillar. The minimum social tax base for 2026 is €886 per month, meaning employers must pay at least €292.38 in social tax monthly per employee regardless of actual salary. From April 2026, the minimum wage rises to €946 per month.

Employer social tax: 33% (pension 20% + health insurance 13%)

Employer unemployment insurance: 0.8%

Total employer cost on top of salary: 33.8%

Employee unemployment insurance: 1.6% withheld from gross

Employee pension (II pillar): 2%, 4%, or 6% voluntary

Minimum social tax base 2026: €886/month (min tax €292.38)

Minimum wage: €886/month (until March 2026), €946/month from April 2026

Corporate Tax Filing and Compliance

Returns, Reports, and Payment Procedures

Estonia's tax system is fully digital. Companies file monthly tax returns (form TSD) by the 10th of the following month through the e-MTA portal. The TSD covers income tax, social tax, and unemployment insurance on salaries and distributions. VAT-registered companies file monthly VAT returns by the 20th. The annual report must be submitted to the e-Business Register within 6 months of the financial year end (typically by June 30). Taxation is cash-based — the rate that applies depends on the payment date, not when income was earned.

Monthly TSD returns: due by 10th of following month

Monthly VAT returns: due by 20th of following month

Annual report: within 6 months after financial year end

Cash-based taxation: rate applies based on payment date

All filing done digitally through e-MTA portal

Audit required only for larger companies (>€5M revenue, >€2.5M assets, or >50 employees)

Company Formation and Registration

Setting Up a Business in Estonia

The OÜ (private limited company) is the most common choice for local and foreign entrepreneurs. Since February 2023, no practical minimum share capital is required — you can start with €0.01. The e-Residency digital ID lets non-residents register and manage a company entirely online. Registration takes about 1 business day after submission. You need a legal address and contact person in Estonia if no board member is an Estonian or EU resident. State fee for online registration is €265.

OÜ: €0.01 minimum share capital (no practical minimum since 2023)

AS: €25,000 minimum share capital

Online registration via e-Business Register: ~1 business day

State fee: €265 for OÜ registration

e-Residency application: €100-120

Legal address + contact person required for non-EU board members

No residency requirements for shareholders

VAT registration required above €40,000 turnover

2026 Key Changes and Updates

Income Tax Rate Stays at 22%

The Riigikogu (Parliament) adopted amendments in December 2025 cancelling the planned increase to 24%. Both corporate and personal income tax rates remain at 22% for 2026. The entrepreneurship account rate also stays at 20%.

Defense Tax Abolished

The temporary 2% defense tax on corporate profits, originally planned for 2026-2028, was abolished by Parliament in June 2025. There is no separate corporate profit tax in Estonia in 2026.

Tax Hump Abolished — Flat €8,400 Basic Exemption

From 2026, the income-dependent basic exemption ('tax hump') is replaced by a uniform €700/month (€8,400/year) tax-free allowance for all taxpayers. The amount no longer decreases as income rises. For retirees: €776/month (€9,312/year).

VAT Rate Permanent at 24%

The standard VAT rate of 24% (from July 2025) is now confirmed as permanent. Originally planned as temporary until 2028, the government made it a long-term measure. Accommodation services remain at 13%, press at 9%.

Minimum Social Tax Base Raised to €886

The monthly minimum social tax base increased to €886 in 2026 (from €820 in 2025). Minimum social tax obligation: €292.38/month per employee. From April 2026, minimum wage rises to €946/month.

Unemployment Insurance System Restructured

From January 2026, the previous two-benefit system (unemployment allowance + insurance benefit) merged into a unified unemployment insurance system. Sickness benefits capped at €126.87 per day.

Frequently Asked Questions

What is the corporate tax rate in Estonia for 2026?

Estonia does not tax retained profits — the rate is 0% on earnings kept in the company. When profits are distributed as dividends, the company pays 22% CIT (calculated as 22/78 of the net distribution). The planned increase to 24% was cancelled in December 2025. The reduced 14% rate for regular distributions was abolished from January 2025.

How does Estonia's corporate tax system work?

Estonia uses a deferred taxation model. Companies pay no tax on profits while they stay in the business. CIT of 22% applies only when profits are distributed as dividends, share buybacks, capital reductions, or deemed distributions (fringe benefits, non-business expenses, transfer pricing adjustments). This encourages reinvestment and helps startups preserve cash flow.

What is the difference between OÜ and FIE taxation in Estonia?

OÜ (private limited company) benefits from 0% tax on retained profits and 22% CIT only on distributions. FIE (sole proprietor) pays 22% personal income tax plus 33% social tax on all business income as it is earned — no deferral. OÜ has limited liability; FIE has unlimited personal liability. OÜ is preferred for most businesses due to tax deferral and liability protection.

What are the VAT rates in Estonia for 2026?

Standard VAT rate: 24% (increased from 22% on July 1, 2025, now permanent). Reduced rates: 13% (accommodation, hotels) and 9% (books, press, medicines, medical devices). Zero rate: exports, intra-EU supplies. Registration required when annual turnover exceeds €40,000.

How much does it cost to register a company in Estonia?

State fee for OÜ online registration: €265. Minimum share capital: €0.01 (no practical minimum since 2023). e-Residency card: €100-120. Legal address service: ~€200/year. Contact person service: ~€200/year. Accounting services: from €19/month. Most founders budget €500-1,000 total for setup.

Can I open a company in Estonia without living there?

Yes. The e-Residency program lets you register and manage an Estonian OÜ 100% online from anywhere in the world. You get a digital ID for signing documents and accessing government portals. You must appoint a contact person in Estonia if no board member is an EU resident. e-Residency does not grant tax residency or the right to live in Estonia.

How are dividends taxed in Estonia?

At the company level: 22% CIT on distributions (22/78 of the net dividend paid out). No separate withholding tax on dividends to shareholders. The shareholder receives dividends tax-free in Estonia — personal income tax does not apply to already-taxed dividends. Your home country may tax the dividend income depending on the applicable tax treaty.

What employer taxes apply in Estonia?

Employer pays 33% social tax (pension + health insurance) and 0.8% unemployment insurance on gross wages. Total employer cost: 33.8% on top of salary. Employee contributes 1.6% unemployment and optionally 2-6% to pension II pillar. Minimum social tax base: €886/month (minimum €292.38 in social tax regardless of salary).

When is the tax return due in Estonia?

Monthly TSD return (income tax, social tax): due by the 10th of the following month. Monthly VAT return: due by the 20th. Annual report to e-Business Register: within 6 months of financial year end (June 30 for calendar year companies). All filing is digital through the e-MTA portal.

Is Estonia good for startups and tech companies?

Yes. The 0% tax on retained profits means startups can reinvest all earnings without tax liability. Online company registration, digital signing, and e-Residency reduce overhead. EU market access, 63+ tax treaties, and a simple flat-rate system make Estonia one of Europe's most startup-friendly jurisdictions. Estonia has been #1 on the Tax Competitiveness Index for 12 consecutive years.

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