1. Are the ready-made companies sold by KRM Advisor clean and empty?

All ready-made companies are specially established for selling them to the clients who want to do business using an Estonian company.

These companies are in good standing and have not commenced any business activities in the past (except payment of 2500 EUR share capital and usually taking it out to cash position). We also confirm  the absence of off-balance sheet liabilities in the notarized share sales contract.


Balance sheet (€)

For ready-made and tailor made companies


Assets

cash, bank
assets in all

2500
2500

Liabilities

share capital
equity capital in all
liabilities in all

2500
2500
2500


Account entries before the balance


 

1.

2.

3.

4.

AMOUNT

2500

2500

2500

2500

DEBET

clearing with shareholders

bank

credit recipient

cash on hand, (bank)

CREDIT

share capital

clearing with shareholders

bank

credit recipient