Traditional company formation in Estonia for clients without e-Residency. Includes notarial setup, remote support, and account opening assistance.

Description
The Classic Package is tailored for founders who want to establish an Estonian company without using an e-Residency card. This method involves using a notarized Power of Attorney or requeres your personal visit to Tallinn (for 1-2 days) and offers a reliable, remote setup process with our full legal and administrative support.
This package is ideal for international entrepreneurs who prefer a traditional, document-based approach or who are not yet ready to apply for e-Residency.
Included in the package:
- e-Residency assistance (optional, if you decide to apply later)
- State fee for company formation
- Remote company registration via notary — available for one shareholder who is a natural person
- Drafting and translation of:
- Power of Attorney (PoA)
- Board Member Consent
- Share capital contribution assistance (monetary) — guidance on timing and requirements
- Appointing a board member — support for including one person
- Mandatory contact person service — fulfills the legal requirement for companies managed from abroad
- Introduction to partner payment service providers for business account setup
- Assigned personal client manager — to guide you through each step
- Notary fee — included in the package price provided the share capital does not exceed €10,000
Timing
- KYC completion and identity verification: Once done, document drafts are prepared within 3 business days
- Company registration: Typically within 10 business days after we receive the original notarized and apostilled documents by courier or mail. In case of your personal visit to Tallinn - up to 5 business days.
- Total timeline depends on how quickly you complete notarial steps in your country of residence
To complete this process, you will need:
- A valid passport or national ID (for EU residents)
- Access to a local notary in your country to notarize and apostille:
- A Power of Attorney (we provide the draft)
- A Board Member Consent (we provide the draft)
- Courier or postal delivery of originals to our office in Estonia
or
- A valid passport or national ID (for EU residents)
- Personal visit to Tallinn
Please note: this package includes assistance for one natural shareholder and one board member only.
Additional shareholders and board members
- Each additional individual (physical person) — €200 + 24% VAT
Additional compliance fees
Additional compliance fees may apply in the following cases:
- If the company’s business activities fall under regulated, licensed, or high-risk sectors requiring enhanced due diligence, an additional compliance fee of €500 + 24% VAT may apply.
- If any shareholder, director, or ultimate beneficial owner is resident in, incorporated in, or otherwise connected to a high-risk or sanctioned jurisdiction, enhanced compliance measures may apply and an additional compliance fee of €500 + 24% VAT may be charged.
Payment and refund policy
Please note: we commence any work only after full payment of the selected service package.
In the event that the company formation cannot be completed due to objective circumstances beyond our reasonable control, including but not limited to negative compliance or KYC outcomes, notarial refusal, regulatory restrictions, or failure of third parties, a refund will be issued minus a non-refundable fee of €300.
Notary fee and share capital
The notary's fee is calculated on the basis of the transaction value, i.e. the size of the share capital. Our package price includes the notary fee only where the share capital is up to €10,000. If you decide to register the company with a higher share capital, the notary's fee above that threshold is invoiced additionally, at the notary's statutory tariff and without any mark-up on our side. We will always confirm the exact amount with you before the notarial appointment.
Share capital and share structure
By default the company is formed with one share, the nominal value of which equals the entire share capital (e.g. share capital of €2,500 = one share of €2,500). This is the standard structure for a single shareholder and keeps the foundation documents and the notarial procedure as simple as possible.
If you need the share capital divided into several shares — for example for several shareholders, a planned share transfer, or a future entry of a new partner — please inform us before the documents are drafted, so that it can be reflected in the Articles of Association and in the notarial deed. Dividing a share after incorporation requires a separate notarial act and is charged separately.
Other costs
Certified translation costs (if required) are not included unless explicitly stated otherwise.
Questions?