How does the management structure differ between a private limited company (OÜ) and a public limited company (AS) in Estonia?
In a private limited company (OÜ), the obligatory management body is the management board, and a supervisory board is mandatory only if specified in the articles of association. In a public limited company (AS), the supreme management body is the general meeting of shareholders, and the company must have both a management board and a supervisory board.