Fees and timelines in 2023

Fees

pay engagement cost by instalmentIncorporation costs in Year 1 amount to €3,250 and annual company costs in Year 2 and thereafter amount to €1,700. The average total fee per Estonia engagement amounts to €10,900, which includes company incorporation and opening a local corporate bank account and all government fees. Refer to draft invoice embedded here.

Different Estonia entity typesCostDraft invoice
Tax resident LLC€10,400View invoice PDF
PLC€10,500View invoice PDF
Branch of a foreign company€10,500View invoice PDF
Representative office€10,500View invoice PDF
LLP€9,350View invoice PDF
Free zone company€14,000View invoice PDF
Bitcoin LLC€13,150View invoice PDF
LLC Annual renewal€5,900View invoice PDF

Click here to create your own Estonia invoice

Timelines

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

ServiceLLCPLCBranchRep Office
Engagement planning1 week1 week1 week1 week
Company incorporation period3 weeks6 weeks6 weeks6 weeks
Bank account approval4 weeks4 weeks4 weeks4 weeks
Internet banking approval1 week1 week1 week1 week
Incorporation completion1 week1 week1 week1 week
Total engagement period10 weeks13 weeks13 weeks13 weeks

estonia 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 Estonia, please contact our in-house country expert, Mr. Seth Ochieng, directly:
Director of Client Engagements - Seth
  • Mr. Seth Ochieng
  • Director of Client Engagements
  • Contact me!
estonia-tax estonia-government estonia ministry of economic affairs and communications estonia chamber of commerce estonia-bank