One of the greatest things about company incorporation in Estonia is that you can become an e-resident who is able to establish and manage a paperless EU based company. You can work 100% online, from anywhere in the world, with minimized costs, fewer papers, and a hassle-free administration.
The process of starting your company in Estonia consists of:
1. Becoming an e-resident:
To become an e-resident, you will need to get a digital ID. You start by applying online, you pay a state fee, and then you choose a pickup location.
2. Choosing a service provider:
You will need to obtain an Estonian contact person as well as a legal address from the following Marketplace.
3. Company Registration:
You can register your company structure online at e-Business Registry, after paying the state fee for company registration.
4. Applying for business banking:
You can easily find a fintech partner through the Marketplace, and that will help you cover the banking needs of your established company.
5. Participating in the community:
You can finally enjoy the benefits of being an active member of the e-Residency community and gain global and international networks to grow your business.
In order to incorporate your company in Estonia you will need to pay:
- A state fee of €100-120
- €30-150 monthly average for the service provider (may include bookkeeping and other features)
- A state company registration fee of €190
|1.Rupblic of Estonia E-residency, accessed November 2020, https://e-resident.gov.ee/|