Do I need to travel to set up a company?

Last updated: March 28, 2018

You can complete the entire company setup process online using your digital ID (e-Residency) and our website.

However, you do need to travel to Estonia in order to set up a standard business bank account (with LHV) for your company.

So far, our customers have seemed to prefer to set up a company immediately, and plan a trip to Estonia for the banking procedures in some weeks or months time when a suitable time slot appears in their calendar. To make sure your trip is worth the trouble, LeapIN organizes a preliminary decision with the bank, thanks to our close cooperation.

Payment service provider accounts such as Transferwise Borderless can be set up remotely online, without the need to visit Estonia.

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