Cryptocurrency and currency exchange licenses

Registration costs

Financial Intelligence Unit (FIU) license registrations we assist

  • providers of a service of exchanging a virtual currency against a fiat currency
  • providers of a virtual currency wallet service
  • foreign exchange

Registration of one license

  • includes state fee 345 EUR
  • includes rules of procedure required by AML

3700 EUR

Registration of additional license jointly

2 licenses jointly cost is 4200 EUR
3 licenses jointly cost is 4700 EUR

500 EUR

Preliminary legal opinion

Might be good option if you are not sure either these licenses cover your planned activities

FIU issued license on paper (eng, apostilled)

2 licenses (eng, apostilled) 500 EUR
3 licenses (eng, apostilled) 750 EUR

250 EUR

Handling and courier delivery of license on paper (in Europe)

100 EUR

Handling and courier delivery of license on paper (outside Europe)

150 EUR

You can order delivery together with corporate documents - no need for 2 courier deliveries.

Estonian company registration costs

Company registration and transfer

Company by order or ready made company

Or see prices on the list of ready made companies

850 EUR

Above price includes all reasonable registration and notary fees with one owner and management board member - no hidden costs. As a rule you need some services mentioned below, at least Domiciliation services which are mandatory


Domiciliation and office services

Both of these services are usually mandatory

Unique registration address and virtual office services

250 EUR/year

Authorized contact person - required in case of non-Estonian director(s)

250 EUR/year


Opening corporate account

Opening bank account is not mandatory. Estonian company is allowed to have account in foreign country. We can help you to evaluate which option(s) is realistic for you company. You can decide to open several accounts or to open your account later or not open it at all.

In case you have no direct connection to Estonia (clients or vendors, or employees) it is not very probable that local banks open bank account for your company. We suggest to choose either PSP or bank outside of Estonia.

1. Assistance with opening IBAN account with PSP

Excellent solution for SEPA payments. Remote opening possible, takes 1-3 days.

300 EUR

2. Assistance with opening bank account in Estonia

At least one face to face meeting required. Takes 2-4 weeks. Result depends on activities. Currently no USD payment possibilities. Additional fee 50 EUR for PIN calculator might apply.

350 EUR

3. Account opening in Latvian Bank

Assistance with preparing initial paperwork for account opening preliminary evaluation

700 EUR

Bank handling fee

65 EUR

Assistance with account opening formalities

300 EUR

At least one face to face meeting required. Takes 2-4 weeks. Currently no USD and GBP payment possibilities.

4. Assistance with opening bank account outside of EU

Full remote opening. Takes ca 1 month. Most currencies (incl EUR, USD and GBP) available. Accepts also cryptocurrency clients. Banking fees higher but still bearable for many.

1000 EUR


VAT related services

Please skip this section if you do not need VAT ID or accounting system at the beginning

VAT ID registration

250 EUR

Setting up online accounting system

150 EUR

Dormant company (with VAT ID) 3 monthly tax returns (3x60)

180 EUR


Remote services
(transfer company without visiting Estonia)

Please skip this section if you visit Estonia to start/take over the company

Transfer of the company share remotely (per person)

200 EUR

Transfer of the company management board member (per person)

250 EUR

Remote services fee is additional to regular fees, which applies when person visits Estonia



Additional shareholders or board members

Please skip this section if you start your company alone and there is no foreign corporate shareholder

Additional shareholder (per person)

50 EUR

Additional board member (per person)

50 EUR

Foreign corporate shareholder (per company)

200 EUR


Official corporate documents and delivery

Please skip this section if you do not need certified physical documents of your company.

Company registry card with or without shareholders names (eng, apostilled)

130 EUR

Articles of association (statutes) (eng, apostilled)

250 EUR

Documents by ordinary mail

Documents by courier/handling  (Europe)

Documents by courier/handling  (outside Europe)


100 EUR

150 EUR

For everyday business just digital (PDF) documents are sufficient. In case required - choose physical documents from above.