When you’re starting your company, you'll incur the following costs:
State fee for e-Residency: €120, plus travel costs to collect your e-resident ID-card at the location you select
State fee for company registration in Estonia: €265 (paid via Xolo Leap)
State service fee for company online registration in Estonian Business Registry: €25 + VAT (paid via Xolo Leap)
Xolo Leap first monthly fee, depending on a plan:
Basic: €89 + VAT
Pro: €129 + VAT (free for the first 3 months)
Growth: €199 + VAT
And these are costs related to banking:
Opening an LHV business bank account: €300 (for non-residents of Estonia), as well as travel costs involved to have a compulsory face-to-face meeting in Estonia
Opening a Wise business account: €50
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: €30
The fees mentioned above are subject to change in future. Check out our pricing page to see a detailed monthly breakdown of the costs related to setting up and running a company.