Quality accounting. Fast company formation.
Physical workspaces in Tallinn.

Your business in Estonia

choose incorporation plan choose accounting plan

Choose a plan to incorporate Estonian company

Include VAT (24%)	Innovative € 499 remotely for e-residents	Classic € 699 remotely via notary for single shareholder	Classic+ € 899 remotely via notary for two founders	Corporate € 1899 remotely via notary for corporate shareholder	Welcome! € 4099 for EU citizen with relocation to Estonia
e-Residency assistance
State fee for company formation
Remote company formation (petition to Business Register)
Contribution to share capital (assistance)
Appointing a board member
Mandatory contact person service
Power of attorney and board member consent (drafting and translation from English)
Compliance fee (corporate structure)
Estonian national ID code
Estonian resident ID card
Rent of apartment in Estonia for 1 year
Mail management
Account with an Estonian bank (assistance)
Account with payment service provider (assistance)
Website (basic)
Estonian SIM card (assistance)
Assigned personal client manager
Personal Tax residency in Estonia
	Fill our short Know-Your-Client form and confirm your identity online You need to have: a valid passport or national ID card valid Estonian e-Residency or ID card card reader pin codes computer with installed software (link) and stable internet connection	Fill our short Know-Your-Client form and confirm your identity online You need to have: a valid passport or national ID card You need to visit a notary where you live to notarize and cetrify with apostille: a Power of Attorney (we will provide you with a draft) Board Member consent (we will provide you with a draft) once ready, original documents need to be sent to us by courier or mail	Fill our short Know-Your-Client form and confirm your identity online (for each participant) Each participant needs to have: a valid passport or national ID card You need to visit a notary where you live to notarize and cetrify with apostille (for each participant): a Power of Attorney (we will provide you with a draft) Board Member consent (we will provide you with a draft) once ready, original documents need to be sent to us by courier or mail	Fill our short Know-Your-Client forms and confirm directors and beneficial owners identity online Each person needs to have: a valid passport or national ID card We will need certified package of corporate documents not older than 3 months. The director needs to visit a notary in the country where the company is registered to notarize and cetrify with apostille): a Power of Attorney (we will provide you with a draft) Board Member consent (we will provide you with a draft) once ready, original documents need to be sent to us by courier or mail	Fill our short Know-Your-Client form and confirm your identity online You need to have: a valid passport or national ID card You need to visit Estonia to register your residency and apply for/pick up your ID card and activate bank account (1 visit for 2 weeks or 2 visits for 2 days).
	If you have all mentioned above: An application for company registration can be filled out within 30-60 min during an online meeting with our specialist. Company will be registered within 24 hours from the submission of the application to the e-Business Register. If you do not have Estonian e-Residency we can help you obtain it. The process will take 3-8 weeks.	When you complete KYC and verification process we will provide you with drafts of documents within 3 working days. The company will be registered on average within 10 working days after we receive the original documents from you.	When each participant completes KYC and verification process we will provide drafts of documents within 3 working days. The company will be registered on average within 10 working days after we receive the original documents from you.	When each participant completes KYC and verification process we will provide drafts of documents within 3 working days. The company will be registered on average within 10 working days after we receive the original documents from you.	The process will take 2-3 weeks. You need to visit Estonia to register your residency and apply for/pick up your ID card and activate bank account (1 visit for 2 weeks or 2 visits for 2 days).

Choose your accounting plan to ensure compliance

Include VAT (24%)	Lite € 100 /month € 1080 /year € 100 € 90 /month newly formed and dormant enterprises	Lite+ € 180 /month € 1944 /year € 180 € 162 /month companies making first steps in business	Most popular Basic € 300 /month € 3240 /year € 300 € 270 /month small and medium-sized enterprises	Standard € 600 /month € 6480 /year € 600 € 540 /month established sophisticated businesses, including the crypto industry	Pro Starting from € 900 /month € 9720 /year € 900 € 810 /month global business groups
Invoicing solution
Mandatory contact person service
Preparation and filing of annual report in Estonian
English version of annual Report
Management Activity report (assistance)
Shareholder resolution to approve annual report
Assigned Manager
Assigned Accountant
Initial accounting setup
Internal accounting rules
VAT / IOSS / OSS / EORI application and support
Tax returns (monthly filing)
Monthly processing of primary accounting documents		up to 10 transactions
Payroll		up to 3 employees	up to 10 employees	over 10 employees	over 10 employees
Statistical reports
Preparation of quarterly financial statements
E-commerce transactions handling
Cryptocurrency transactions handling
Basic legal services
Monthly meeting
Reporting according to IFRS
Consolidated reporting
Preparation of audit file for auditor
International accounting and tax consultation
Approximate time spent per year (hours)	up to 15	15-30	30-50	50-100	over 100
Senior staff involvement	10%	15%	20%	30%	40%
	We expect to receive all bank statements, invoices, and other primary documents from you within the first month following the year-end.	We require all bank statements, invoices, and other primary documents to be submitted by the 5th day of the month following the reporting period.	By the 5th of the month following the reporting month, we expect to receive all bank statements, invoices, and other primary documents from you.	By the 5th of the month following the reporting month, we expect to receive all bank statements, screenshots of cryptocurrency wallet balances, invoices, and other primary documents from you.	By the 5th of the month following the reporting month, we expect to receive all bank statements, invoices, and other primary documents from you. If an audit is required, the terms of the audit will be agreed upon before the end of the financial year. We tailor the principles of interaction individually for each Pro package client.
	Feedback to your requests will be provided no later than the next business day after receipt of the request. The annual report will be submitted within six months of the fiscal year’s end.	Feedback to your requests will be provided no later than the next business day after receipt of the request. Monthly tax returns must be submitted by the 10th and 20th of the month following the reporting month. The annual report will be submitted within six months of the fiscal year’s end.	Feedback to your requests will be provided no later than the next business day after receipt of the request. Monthly tax returns must be submitted by the 10th and 20th of the month following the reporting month. The annual report will be submitted within six months of the fiscal year’s end.	Feedback to your requests will be provided no later than the next business day after receipt of the request. Monthly tax returns must be submitted by the 10th and 20th of the month following the reporting month. The annual report will be submitted within six months of the fiscal year’s end.	Feedback to your requests will be provided no later than the next business day after receipt of the request. Monthly tax returns must be submitted by the 10th and 20th of the month following the reporting month. The annual report will be submitted within six months of the fiscal year’s end.

Choose your legal address

If you have an office in Estonia to manage your company from, you are allowed to indicate the address of your office as your company legal address.

Include VAT (24%)	Legal address abroad € 0	Hot desk € 199 /month € 2149 /year € 199 € 180 /month
Service package includes	According to Estonian Law, you can provide your address in a foreign country and indicate this address in register as legal address of your company or Magrat can provide a workspace in Tallinn.	Utilities 49 EUR per month fully equipped workplace (desk, chair, small drawer cabinet) within a contemporary office space in Tallinn city center reception with an office manager, available to receive physical mail throughout the business hours Internet (Wi-Fi) air conditioning drinking water use of a shared kitchen use of 2 meeting rooms for 4 people use of a meeting room for 10 people -with a preliminary booking cleaning services 3 times per week lease agreement and utility bills (required by banks as proof of address) the right to register legal address in Estonia outdoor bicycle parking

Prices do not include VAT Prices include VAT

Service: Description: Details: Price:

Clients

Reviews clients Magrat

Yurii Tromsa

Reviewed on 8 of Jul 2024

High-quality service, quick response to requests, highly qualified staff.

Richard James Keyte

Reviewed on 2 of Jul 2024

Excellent service, kept me up to date and fully informed at all times. The support when setting up the company was excellent and the team are very knowledgeable. I would highly recommend to anyone wishing to use their services.

Manal Ouchrif

Reviewed on 29 of Jun 2024

Serious company, with fast and professional customer service.

Lars Rensing

Reviewed on 21 of Jun 2024

Very detailed process and communications. Always fast to respond to questions with detailed answers and clear instructions.

Kevin Morys

Reviewed on 20 of Jun 2024

The whole team is super-available and super-responsive. All communications go very smoothly via whats app and videoconference for online recordings. I speak very little English and yet I have absolutely no difficulty thanks to this team and in particular Aneta who did a great job assisting me in French with setting up my business.

Richard Ewan Fell

Reviewed on 20 of Jun 2024

very helpful and patient with setting up the new company

Alvaro Vives Cuesta

Reviewed on 11 of Jun 2024

Very good service. Team members answer fast, are knowledgeable and super polite! I recommend Magrat 100%!

Adrian Leslie Kaehler

Reviewed on 12 of Mar 2024

How could I survive without the amazing and wonderful help I get from Magrat!

Mark Andrew Zurevinski

Reviewed on 8 of Mar 2024

They are a top shelf provider of service. Highly recommended.

Neel Bharat Kulshreshtha

Reviewed on 1 of Mar 2024

After Brexit, we needed to establish our presence in EU to have a smooth selling experience and also to have expedite delivery to our customers. Once we found out about eResidency, we began work to apply and open a company in Estonia. Next step was to find a good, dependable and transparent partner and accounting firm that can help us navigate through quite a bit paper work. We are very glad that we found that in Magrat. Now, we are using them for over six month and they are friendly and competent to get any job done in EU. We highly recommend them.

Carlo Pietro Alessandro F Revelli

Reviewed on 26 of Feb 2024

Viktor was extremely helpful in preparing my annual report. He worked with me tirelessly over a period of six months to gather all the documents and review them. I will continue to use Magrat for my accounting needs.

Gia Tarieladze

Reviewed on 19 of Feb 2024

Excellent work, stuff is very professional and helpful.

Mary Braun

Reviewed on 9 of Feb 2024

quick, professional and satisfying

Anastasiia Bida

Reviewed on 11 of Jan 2024

Service provider providing excellent services; all specialist worked in company are high qualified and do all best for all requests.

Mirjam Irene Maas

Reviewed on 28 of Nov 2023

They are very helpful, guiding you every step on the way of opening an business as an e-resident in Estonia. I know how to do my own business, to get clients etcetera. I don’t know about all the little details of opening a business nor the legal matters around this. They do. And they help you. The offer a great service and support.

Jaikumar Ojha

Reviewed on 22 of Nov 2023

Great experience

Tatiana Zorian

Reviewed on 13 of Nov 2023

A lot of thanks for extraordinary expertise and always attentive attidude.

Mikhail Zarubin

Reviewed on 13 of Nov 2023

Thanks to Magrat, guys are absolutely brilliant, knowledgeable and reliable! Always helpful and on time!

Blog

young specialist sitting her workplace filling form vsia

Jul 16 / 2025

How to Notarize Documents for Incorporation of an Estonian Company

To incorporate a company in Estonia with the help of Magrat, certain documents must be properly notarized and, in...

May 13 / 2025

No Substance, No VAT: What Every Estonian
e-Resident Needs to Know

Estonia’s e-Residency program has quickly become a top choice for entrepreneurs worldwide, thanks to its streamlined digital processes and...

Mar 13 / 2025

Beat Trump’s Tariffs: Why American Entrepreneurs Are Rushing to Estonia!

Discover how setting up a simple EU business can save your company thousands in tariffs and taxes. A Growing...

Jan 13 / 2025

Understanding Permanent Establishment (PE): Key Insights for Spanish Entrepreneurs

For Spanish entrepreneurs considering e-Residency to launch their businesses in Estonia, understanding the concept of permanent establishment (PE) is...

charming caucasian businesswoman striped shirt working with laptop papers light apartment

Dec 2 / 2024

Outsourcing of accounting services: why it is better than hiring a full-time accountant in Estonia

To successfully run a business in Estonia, it is important not only to carefully manage your accounting, but also...

Mar 14 / 2024

Understanding ERK Recognition: Boosting Estonian Accounting Firms

In the busy world of financial services, being trustworthy and competent is very important. The Association of Estonian Accountants...

Jan 23 / 2024

Audit: Problems and Solutions

Key Points: Audit Requirement: In Estonia, companies must undergo audits if they meet certain size criteria (based on revenue,...

What happens if Net Assets fall below the minimal net assets limit

Jan 9 / 2024

Negative equity and how to deal with it

What are share capital and equity? According to current Estonian legislation, every private limited company is required to have...

Nov 28 / 2023

Changes in VAT Law in Estonia

Effective January 1, 2024, Estonia is set to implement significant changes to its VAT law. The most significant change...

Oct 2 / 2023

E-identity

E-Identity plays a vital role in modernizing and streamlining processes in sectors such as e-commerce, e-governance, financial services, and...

Jul 20 / 2023

E-residency in Estonia

Start, run and grow an EU company easily and securely with your e-residency Digital ID. Information provided with the...

signing approval record documents stamp confirmati 2023 05 18 23 15 31 utc min

Jun 21 / 2023

Closing down a company is easier with the recent changes to the legislation

Of course when one opens a company, it is done with the goal to create a long lasting successful...

May 29 / 2023

The Benefits of Outsourcing Payroll in Estonia

Hiring internationally is a growing trend and organizations from all over the world might need to hire remote workers...

Virtual office is no longer legal in Estonia

Feb 3 / 2023

Guidelines for indicating the legal address of a company in view of the new edition of the Estonian Commercial Code

Company address notion in the new edition of the Estonian Commercial Code On February 1, 2023, the new edition...

Jan 25 / 2023

Important changes in Estonian Commercial Code 2023

On the 1st of February 2023 a new version of the Estonian Commercial code shall come into force. The...

Jan 23 / 2023

5 main steps for compiling internal accounting rules for Estonian company

Compiling accounting rules is an important part of maintaining a company’s financial records and ensuring that they are accurate...

Dec 13 / 2022

Minimum share capital requirement is reduced to 1 euro cent

On the 1st of February 2023 a new version of the Estonian Commercial code and the new Business Registry...

Jul 28 / 2022

VAT in Estonia and European Union

«Value-added tax in the European Union — it is very confusing!» These are the major concerns that prevent...

May 25 / 2022

Tech investors can’t get enough of Europe’s fizzing startup scene

The idea of a Europe hostile to entrepreneurs would once have seemed laughable. At its 17th-century peak the Dutch East...

aerial view of tallinn city 2021 10 26 03 53 00 utc min

May 25 / 2022

2021 saw as many new e-Residents as births in Estonia

The number of e-residents of Estonia rose by more than 12,000 in 2021, a figure comparable to the number...

Apr 25 / 2022

The world is entering a new era of big government

Keep your eye on one thing and one thing only: how much government is spending,” Milton Friedman once said. Today...