Shareholder

A person or company that owns equity in another company — units in an OÜ or shares in an AS.

A shareholder is a person (natural or legal) holding part of a company's share capital. In an OÜ (private limited) those are "units" (osad); in an AS (public limited) they are shares (aktsiad). Most Estonian companies are OÜs.

A shareholder does not manage the company directly — that's the management board's job. The shareholder's main rights are a slice of the profit (dividends), voting at the shareholders' meeting, and the right to sell their stake.

The shareholder list is public. Difference from a beneficial owner: when the shareholder is itself a legal entity, the list does not reveal the underlying natural person — you find that in the beneficial-owner register.

On firmaotsing.ee, each company's active shareholders are shown with their ownership percentage and start date. For deep chains you can drill into the full ownership tree.