Fees and timelines


Greenland LLC setup costs in Year 1 will amount to US$6,500 and annual company costs in Year 2 and thereafter will amount to US$3,500. The average fee per engagement amounts to US$14,000 including i) Greenland company incorporation, ii) corporate bank account setup, iii) legal registered office and iv) all government registration fees.

   LLCPLCBranchRep office
1.Average engagement costsUS$14,000US$16,000US$15,000US$12,400
2.Draft InvoiceGreenland LLC setup costGreenland PLC setup costGreenland branch company setup costGreenland representative office setup cost


The average Greenland company registration period is 10 weeks as outlined below:

 ServiceLLCPLCBranchRep Office
1Engagement planning1 weeks2 weeks2 weeks1 week
2Company incorporation period2 weeks4 weeks4 weeks2 weeks
3Bank account approval3 weeks3 weeks4 weeks4 weeks
4Internet banking approval1 week1 week1 week1 week
5Engagement completion1 week1 week1 week1 week
Total engagement period8 weeks11 weeks12 weeks9 weeks

greenland business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Greenland, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Grace Odhiambo, directly:
client relationship officer - Grace
bank of greenland bureau of minerals and petroleum DCCA GER Government of Greenland