, and of in the Republic of Estonia is d by the . Commercial Code is a code of Estonian and which was ed on 15 February 1995 and has been ed several times since then.
An is a who in his or her own name where or is his or her , or a .
in Estonia may be carried out by organized as or by .
According to the Commercial Code there are five forms of , which are created into the : , , , , or . The of a company shall as of its entry in the commercial register and shall as of its from the commercial register.
All commercial companies are . However, of are not d as legal persons; their foreign their .
A commercial entity may in any area of activity in which is not .
If a company is a or of another company and owns a therein, the company shall be called the , and the company in which it participates shall be called a . A company in which another subsidiary or subsidiaries, with or without the parent undertaking, have a majority voting interest is also a subsidiary of the parent undertaking.
A subsidiary is also a company in which another company (parent undertaking) has control as a partner or shareholder, or without an agreement. A parent undertaking together with its subsidiaries .