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Do I also need to have a personal bank account in Estonia?

Last updated: May 05, 2022

No, you're not required to have a personal bank account with any of our partner banks. You can make the share capital payment from, and pay dividends to, your personal bank account in another bank/country.

If you wish, you can apply for a personal bank account in Estonia. In some cases, your personal bank account will be activated after some time, to make sure that your business in Estonia is operating as promised by you. You can activate a personal account with LHV remotely once you've had the initial face-to-face in Estonia.

In the case of applying for and using a personal bank account, the relevant requirements, terms and conditions and price list are likely to be different. Especially for residents from outside of the European Union.

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