Fees and timelines in 2022

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

Click here to create your own Estonia invoice

Timelines

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

Service LLC PLC Branch Rep Office
Engagement planning 1 week 1 week 1 week 1 week
Company incorporation period 3 weeks 6 weeks 6 weeks 6 weeks
Bank account approval 4 weeks 4 weeks 4 weeks 4 weeks
Internet banking approval 1 week 1 week 1 week 1 week
Incorporation completion 1 week 1 week 1 week 1 week
Total engagement period 10 weeks 13 weeks 13 weeks 13 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