Startup Estonia and Estonian Private Equity and Venture Capital Association (EstVCA) promote industry-standard legal documents in Estonia so startups and investors can focus on company and deal-specific matters. These documents are made freely available in the hope that they will help to educate the Estonian start-up community, speed up the foundation, team-building and early stage investment process, and lower the legal costs.
These documents should be seen as a starting point only and should be tailored to meet specific circumstances because no two companies or investments are the same.
These versions of the documents were published in June 2023. Previous versions were published in August 2020.
The documents have been drafted by Estonian law firms Ellex Raidla, Cobalt, Eversheds Sutherland, Hedman Law Firm, TGS Baltic, Sorainen, and Triniti with support from law firms Njord and Fort Legal.
General comments and questions on the documents may be sent to Antti Perli who led the working group preparing the documents.
Neither Startup Estonia, EstVCA nor any law firm or attorney participating in the preparation of these documents takes any responsibility for the content of the documents or the consequences of using them and none of the documents should be construed as legal advice for any particular facts or circumstances.