Can a Founder be a Director of an Enterprise?

Can a Founder be a Director of an Enterprise?

Are there any restrictions according to the legislation of the county?

Non-resident of Estonia can be founder and director of a company; there are no legal restrictions for that. This fact allows foreign citizens to register a business in the country and they also can be official owners of such business. Considering the fact that founder of the company will stay abroad, LumoTrust ensures selection and appointment of a qualified contact person, who will administer all the affairs in close cooperation with the owner.

Thus, a director keeps track of events occurring in the company and develops business registered in Estonia.

 Legislation