How to start an Estonian company
with virtual office, bank account and VAT ID
Choose between 2 options
Buy a ready-made company (see list)
choose from the list of ready-made companies and start immediately
Company by order (tailor made)
in 1-2 days we create a company with the name you want
(if one private person shareholder and one management board member)
Company by your order or ready made company
Registered address and virtual office services
Opening corporate bank account
Assistance with opening/activating bank account (KYC)
Bank related direct costs (bank handling fee or similar)
As a rule - each company we start has account which is able to receive payments immediately.
To be able to send payments out - KYC must be done and quite often operating bank account will be opened and activated in another bank.
Opening company and bank account remotely - additional fees
Transfer company shares remotely
Transfer company board membership remotely
Procuraholder's fee (required to represent company)
Authorized contact person - required if non EU director(s)
VAT ID registration
Send us required data and documents
Company name (your own proposal or from our list)
Company e-mail address (can be your personal)
Company activity (just one is required)
Your passport copy
Your home address
Your mail address and mobile phone#
Info about additional services you need
When we have this information we can prepare everything so that you can take over the company and we can assist you with bank account opening/activating.
You can send these data by ordinary e-mail or fill in and submit following ordering form:
Decide about the payment
Wire transfer against invoice
Paypal or card payment
Cash payment before transaction
Please note that before the company transfer to you our fee must be fully paid (received by us).
Decide about the date you will visit Estonia
To make sure everything rolls smoothly we need to fix appointments with notary office and bank. It is important for us to know at least 1 - 2 days in advance when you come.
Transfer of the company
- We meet in our office to clarify all remaining details
- By the notary office (located in the same building with us) we sign the company share transfer agreement and petition to change board members of the company. Takes usually less than 30 minutes
- We meet the bank to identify you and take care of KYC (Know Your Client) process to open or activate bank account.
It is enough to visit Estonia for 1 day to get everything done.
Filing changes in commercial register.
New shareholder and board member's names appear on company registry card in 1 - 7 days.
See samples of Estonian company registry documents
VAT ID registration and starting of accounting
In case you need, we can take care of VAT ID registration on behalf of your company and establish rights for accountant to take care of tax returns.
Tax returns must be submitted once per month, if VAT ID registered.
Many of our clients found useful to issue their invoices from online accounting system, which we can help to set up.
Possible later monthly and annual costs
- Virtual office services 250 EUR/year
- Annual report often 350 - 800 EUR/year
- in case your company needs monthly tax returns it is usually 100 - 200 EUR/month
- Otherwise no monthly costs