What does it cost to set up a company?

Last updated: March 28, 2018

When you’re starting your company, you'll incur the following costs:

  • State fee for e-Residency: €100, plus travel costs to collect your e-resident ID-card at the location you select

  • State fee for company registration in Estonia: €190 (paid via LeapIN)

  • State service fee for company online registration in Estonian Business Registry: €25 + VAT(paid via LeapIN)

  • LeapIN first monthly fee: €49 + VAT

And there are other optional costs you might incur:

  • Opening an LHV business bank account: €100 for LeapIN customers, as well as travel costs involved to have a compulsory face-to-face meeting in Estonia (applicable from the 1st of November 2018)

  • Opening a TransferWise business account: Free of charge

  • Issuing and delivering your bank debit card: Free of charge

  • Monthly fee for your LHV business debit card: €2

  • Monthly fee for your LHV account: €10 for LeapIN customers (applicable from the 1st of November 2018)

The fees mentioned above are subject to change in future. Check out our sign up pages to see a detailed monthly breakdown of the costs related to setting up and running a company.

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