JusTrust OÜ: Global Estonia’s licensed company, five years with one employee
JusTrust OÜ (registry code 16093920) is an Estonian company founded on 9 Nov 2020 with € 2,500 in capital; Aşkın Yıldız is its 100 % shareholder and board member. Its activity code in the register is 70201 (management consulting); address Viru väljak 2, Tallinn. The Global Estonia brand’s “licensed provider” pitch rests solely on this company’s anti-money-laundering authorisation (FIU000395).
Role in the Global Estonia network
In the reported cases the invoice for the contact-person and legal-address service came from JusTrust OÜ in some periods; in other periods the same service was invoiced by Companify OÜ. In the nine-company network the licence sits only in this company; accounting and other services are invoiced by other legal entities. (Opinion: a licence in one company and invoices from others means the “licensed provider” pitch does not tell the customer which company they are actually dealing with.)
Notable in the register: 1 employee every year from 2021 to 2025; revenue € 58,212 (2023) → € 21,748 (2025), a 63 % drop; operating profit near zero (between −€ 1,213 and € 4,118); the 2021 and 2022 reports were filed only on 24 Jan 2024 and the 2024 report on 19 Sep 2025 (deadline 30 June of the following year). The company’s website says 200+ companies formed. (Opinion: a company that says it has formed over two hundred companies, run with one employee and with falling revenue, shows that the presented capacity and the register do not match.)
Financial statements (register)
| Year | Revenue | Operating profit | Labour costs | Employees | Equity | Margin |
|---|---|---|---|---|---|---|
| 2025 | 21 748 € | 2 442 € | 10 660 € | 1 | 9 722 € | 11 % |
| 2024 | 37 495 € | −1 213 € | 22 460 € | 1 | 7 280 € | −3 % |
| 2023 | 58 212 € | −997 € | 35 542 € | 1 | 8 493 € | −2 % |
| 2022 | 43 820 € | 4 118 € | 24 611 € | 1 | 6 940 € | 9 % |
| 2021 | 46 466 € | 2 826 € | 12 435 € | 1 | 2 822 € | 6 % |
Source: e-Business Register; comparison of all companies: financial statements
Reported complaint types involving this company
Type cards on the home page; each may rest on several reports.
- JusTrust, Companify, Sazara, Quintum OÜ: a different account every year
- Counter-claims instead of an explanation: licence reminders and talk of reporting
- Sanction talk towards anyone who objects: pressure through dependence
- The renewal calendar sits with the customer, not the company: rushed as the deadline nears
- Unclear scope: work assumed to be included is charged separately later
Verify it yourself
- Register entry: ariregister.rik.ee/eng/company/16093920 (address, board, EMTAK, annual reports)
- Financial comparison: Äripäev Radar and the financial statements on this site
- Licence: Rahapesu Andmebüroo list of authorisations
- The whole network: company network · manager: Aşkın Yıldız
This page puts public registry data next to reported complaint types; comments are marked as opinion. The company’s reply is published unedited on the right of reply page.
Frequently asked questions
Does JusTrust OÜ have a licence?
Yes. JusTrust OÜ holds company service licence FIU000395, registered in the MTR (since 3 March 2021, open-ended). Companify OÜ, which also issues contact-person invoices in the same network, has no licence entry. Check the current status yourself in the MTR and on ariregister.
Is JusTrust OÜ the same company as “JusTrust Panel and Paint”?
The JusTrust OÜ described on this site is the company registered in the Estonian Business Register under code 16093920, with its address in Tallinn (founded 9 November 2020). Similarly named businesses that appear in search engines, such as “JusTrust Panel and Paint”, are not the subject of this site; when reading reviews, check the company’s country and registry code.