On January 15, 2018, amendments to the Commercial Code came into force regarding legal entities whose management is located outside Estonia. From now on, companies managed from abroad, even from another EU country, will be required to appoint a contact person from among local residents. Moreover, if previously any resident of Estonia (legal or private person) could be such a contact person, now the law clearly establishes that only lawyers, notaries, auditors, tax representatives of non-residents, as well as persons providing partnership services can be contact persons.
The contact person does not have any rights or obligations in the company, he does not have the right to make decisions or sign documents related to the company’s activities, the only function of this person is to receive letters and notifications from Estonian state authorities, mainly from the Commercial Register. The closest analogue is the secretary in offshore jurisdictions.
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