Fees and timelines in 2022
Fees
Incorporation 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 |