Cryptocurrency and currency exchange licenses
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
Registration of additional license jointly
2 licenses jointly cost is 4200 EUR
3 licenses jointly cost is 4700 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
Handling and courier delivery of license on paper (in Europe)
Handling and courier delivery of license on paper (outside Europe)
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
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
Authorized contact person - required in case of non-Estonian director(s)
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.
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.
3. Account opening in Latvian Bank
Assistance with preparing initial paperwork for account opening preliminary evaluation
Bank handling fee
Assistance with account opening formalities
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.
VAT related services
Please skip this section if you do not need VAT ID or accounting system at the beginning
VAT ID registration
Setting up online accounting system
Dormant company (with VAT ID) 3 monthly tax returns (3x60)
(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)
Transfer of the company management board member (per person)
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)
Additional board member (per person)
Foreign corporate shareholder (per company)
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)
Articles of association (statutes) (eng, apostilled)
Documents by ordinary mail
Documents by courier/handling (Europe)
Documents by courier/handling (outside Europe)
For everyday business just digital (PDF) documents are sufficient. In case required - choose physical documents from above.