Question 1

Is this actually legal for someone in my country?

Accepted Answer

Yes, in nearly every case. Owning a foreign company is legal under EU law and most national laws — what matters is reporting it correctly at home. We help you understand what you need to disclose in your country.

Question 2

Walk me through exactly what you do and what I do.

Accepted Answer

You handle: choose a company name, sign the formation documents digitally, open a business bank account, and send us your invoices and expenses once a month. We handle: prepare all formation paperwork, submit the application to the Estonian Business Register, provide your registered legal address and licensed contact person (both legally required), and run all accounting, bookkeeping, tax filings, VAT reporting, and annual report submissions. After onboarding, the ongoing admin is almost entirely on our side.

Question 3

How long does the whole thing take?

Accepted Answer

Company formation typically takes 1–3 business days: we prepare the paperwork, you sign digitally, and the Estonian Business Register processes it quickly. Banking setup takes another 1–2 weeks depending on the provider. You'll be fully operational within 2–3 weeks of starting.

Question 4

Do I ever have to visit Estonia in person?

Accepted Answer

Possibly once, for banking. Company formation and all ongoing compliance are 100% digital. For banking: Wise Business and Revolut Business can both be opened fully online. LHV (Estonia's main business bank) typically requires one in-person visit to a branch in Tallinn. If you can work with Wise or Revolut, the entire process is remote. If you need LHV, we coordinate the appointment and make sure you don't waste the trip.

Question 5

What's the real total cost, not just the headline?

Accepted Answer

€500 setup + €99/month, which includes registry, legal address, contact person, bank-account opening support, and accounting. There are no upsells. If your turnover crosses VAT thresholds or you need extra filings, we tell you the exact additional cost up front.

Question 6

What legal address does my company get?

Accepted Answer

Every Estonian OÜ must by law have a registered address in Estonia and a licensed contact person. We provide both. Your registered address receives official government and court mail; we scan and forward anything relevant to you digitally. The contact person is a licensed professional authorised to accept legal notices on your company's behalf. Both are included in your monthly fee — there's no separate charge.

Question 7

How does business banking actually work?

Accepted Answer

No formation provider — us or anyone else — can open a bank account on your behalf. You open it yourself as the company director. The practical options: Wise Business (fully online, accepted almost everywhere, good for multi-currency), Revolut Business (online, fast setup), or LHV (traditional Estonian bank, requires one in-person Tallinn visit, needed if you want a local IBAN for Estonian payroll or certain EU contracts). We guide you through the application and help you choose the right option based on your use case. The eligibility quiz flags any likely blockers before you commit.

Question 8

Will I really save tax, or is the 0% headline a trick?

Accepted Answer

Estonia taxes distributed profits, not retained ones. If you reinvest, retain, or compound earnings inside the OÜ, you defer corporate tax. When you pay yourself, you pay tax at the appropriate rate (yours or Estonia's, depending on your residency). The honest framing: it's a powerful deferral, not free money.

Question 9

What does the accounting service actually cover?

Accepted Answer

Everything statutory: monthly bookkeeping, bank reconciliation, payroll and salary tax reporting if you pay yourself a salary, VAT filing if you're VAT-registered (required once your EU revenue exceeds €40,000/year), and the annual report to the Business Register. You get a dashboard showing your OÜ's retained earnings, outstanding tax position, and net cash. If a tax authority inquiry or new filing requirement comes up, we handle it. The monthly fee doesn't change unless your business grows significantly in complexity.

Question 10

What do I actually have to do month to month?

Accepted Answer

Very little. Your job is to send us your invoices (what you billed) and expenses (what you paid) — most clients do this in under 30 minutes a month via a shared folder or our dashboard. We handle everything else: reconciling the books, filing taxes, and keeping the company in good standing. If you want to pay yourself, you tell us the amount and we prepare the distribution paperwork. That's it.

Question 11

What if I want to close it later?

Accepted Answer

Closing an OÜ is straightforward. We handle the dissolution paperwork. There are no lock-ins, no exit fees, and your accounting handover documents are yours.

What people quietly worry about