For businessmen, who want to operate in the European Union and succeed because of a very advantageous taxation system, we offer a possibility to establish a company in Estonia. It is very simple to open a company in Estonia. A company can start working very soon after its incorporation. The formation of an Estonian company is very advantageous, especially for establishing commercial relationships with Finland and with such countries as Ukraine or Belarus. It is especially necessary to mark the taxation system, which does not require any investments from shareholders and has now become equal to 0%. The decision to abolish the taxation of companies in Estonia was recently accepted by the Estonian government with an aim to improve the economic situation in the country. Estonia has recently joined the European Union, and has become a country with a stable economic growth and constantly decreasing index of inflation. The most of the companies in Estonia are OU, that means limited liability company. It is a very advantageous legal form for practically any type of business. The minimum regulation capital is 40000 EEK (about €2670). It is very simple to establish an OU (limited liability company). It is necessary to have a juridical address of the company in Estonia, choose a director and a shareholder of the company. The director must be a physical person, not necessarily a resident of Estonia, but a resident of the European Union. It is also possible that the members of the board are non-residents, provided that 50% of the members are residents of the EU. The shareholder can be a physical or a juridical person, also a non-resident of Estonia. Usually, a company can start to operate within a few days time.