How to start an Estonian company

with virtual office, bank account and VAT ID


Step 1

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



Costs
(if one private person shareholder and one management board member)

Company by your order or ready made company

Registered address and virtual office services

total

850 EUR

250 EUR

1100 EUR


Assistance with opening/activating bank account (KYC)

Authorized contact person - required if non EU director(s)

350 EUR

200 EUR/year


Step 2

Send us required data and documents

 
  1. Company name (your own proposal or from our list)

  2. Company e-mail address (can be your personal)

  3. Company activity (just one is required)

  4. Your passport copy

  5. Your home address

  6. Your mail address and mobile phone#

  7. 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:

 

Step 3

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).

 

Step 4

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.

 

Step 5

Transfer of the company

 
  1. We meet in our office to clarify all remaining details
  2. 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
  3. 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.

 

Step 6

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

 

Step 7

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.

 

VAT ID registration

Setting up online accounting system

250 EUR

150 EUR


Possible later monthly and annual costs

 

Yearly costs:

  • Virtual office services 250 EUR/year
  • Annual report often 350 - 800 EUR/year

Monthly costs

  • in case your company needs monthly tax returns it is usually 100 - 200 EUR/month
  • Otherwise no monthly costs
 

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