Company formation
Still choosing a country and a legal form — and not keen to fly to Europe for it.
Company formation and corporate services in Estonia and the EU
Company formation, crypto and MiCA licensing, financial and gaming licences, accounting and legal support — in Estonia, Lithuania, Poland and Czechia. Eesti Firma is a licensed Estonian trust and company service provider with its office in Tallinn.
- 5,000+ companies formed
- 10+ years of practice
- 4 jurisdictions
- TCSP licence FIU000144
Where to start
Four common starting points. For a financial, fund or gaming licence, go straight to financial and gaming licences.
Crypto licences
CASP authorisation to trade, exchange or hold crypto-assets, and the question of which member state.
Accounting and reporting
Bookkeeping and reporting kept current, or a clean closure once trading has stopped.
Document services
A legal opinion, a certified register extract, or an address the register accepts.
All services at a glance
| Service | What it solves | Price from | Timeline | Jurisdiction |
|---|---|---|---|---|
| Company formation | ||||
| Company formation in Estonia | Opening an EU company without moving to Europe | €375 | 1–5 business days | Estonia |
| Company formation with e-Residency | Everything filed online and signed with your digital ID | from €375 | About 1 business day | Estonia |
| Ready-made companies in Estonia | When a deal needs a company that already exists | from €365 | 1–5 days | Estonia |
| Company formation in Lithuania | UAB or MB structures for owners who live elsewhere | from €1,000 | 1–5 days in person, 10–15 by proxy | Lithuania |
| Company formation in Europe | You have not settled on an EU country yet | On request | Set by the country chosen | EU |
| e-Commerce company in Estonia | Sellers on Amazon, Etsy or eBay entering the EU | from €550 | Up to 5 business days | Estonia |
| Crypto and MiCA licensing | ||||
| MiCA licence for a CASP | One authorisation that works across every EU member state | On request | 3–6 months | EU |
| MiCA crypto-asset white paper | Publishing a token offer EU exchanges will accept | from €3,900 | On request | EU |
| Crypto licence in Estonia | VASP registration under the FIU anti-money-laundering regime | On request | Company set-up up to 5 business days; FIU review on request | Estonia |
| Crypto licence in Lithuania | A crypto exchange or wallet business, licensed end to end | from €3,500 | 30–45 days | Lithuania |
| Crypto licence in Poland | A GIIF entry alongside 900+ registered blockchain firms | from €5,500 | Up to 1 month | Poland |
| Crypto licence in Czechia | Crypto activity with no share capital to deposit | €3,000 | 3–4 weeks | Czechia |
| Choosing an EU crypto jurisdiction | Nine EU countries regulate this; which one fits | from €3,500 | 3–4 weeks | EU |
| Financial and gaming licences | ||||
| Financial institution licence in Estonia | B2B financial services without a full banking licence | from €5,000 | About 2 months | Estonia |
| Gambling licence in Estonia | An online casino or betting platform inside the EU | On request | On request | Estonia |
| Crowdfunding licence in Estonia | Loan-based or equity fundraising under Regulation 2020/1503 | On request | About 25 days to first response | Estonia |
| Crowdfunding licence in Lithuania | The same licence, filed with the Bank of Lithuania | On request | Decision within 3 months | Lithuania |
| Small AIF in Estonia | Private capital pooled into venture, property or crypto | On request | About 2 months | Estonia |
| Small AIF in Lithuania | A fund vehicle supervised by the Bank of Lithuania | On request | On request | Lithuania |
| Accounting, reporting and dissolution | ||||
| Accounting services in Estonia | Books, VAT returns and the annual report, filed on time | from €75/month | Monthly, ongoing | Estonia |
| Accounting for crypto companies | Exchange statements and wallet data turned into auditable accounts | On request | On request | Estonia |
| Company liquidation in Estonia | A clean exit from the register, not a lapse | from €250 | 3–4 months simplified, 6–9 standard | Estonia |
| Legal support and corporate administration | ||||
| Legal services in Estonia | A lawyer in Tallinn for contracts, disputes and courts | €75/hour | On request | Estonia |
| Corporate documents for Estonian companies | Official proof of ownership, standing and authority to sign | from €50 | 1–3 working days | Estonia |
| Virtual office in Estonia | Registered address, contact person and mail in one agreement | from €400/year | Annual term | Estonia |
Figures are starting fees for our work. Estonian and Lithuanian formation packages include the notary and state registration fees; licence, fund and gaming fees exclude regulator charges and share capital.
Company formation
The decision is three-way: which country, which registration route, and whether you need a new company at all. Estonia suits founders who reinvest — 0% corporate income tax on retained profit, 22% only on distribution, share capital from €0.01 per shareholder. Lithuania requires €1,000 of capital and taxes profit at 17%, with 0% for the first two years for qualifying new small companies. If you hold an e-Residency card, the fully online route is fastest and cheapest; if you do not, a notary visit, a notarised power of attorney or a ready-made company reaches the same entity without one.
Company formation in Estonia
The Estonian OÜ is the default vehicle for non-resident founders: 100% foreign ownership, no residency requirement for board members, share capital from €0.01 per shareholder. The fee covers notary and state charges, including the €265 state registration fee.
Price
€375 with e-Residency, €550 at the notary
Timeline
1–5 business days
Company formation with e-Residency
If you already hold a valid e-Residency card or Estonian digital ID, the entire filing is digital: sign with PIN-2, submit through the e-Business Register, and the company is usually approved within one business day. No notary, no travel.
Price
from €375, €265 state registration fee included
Timeline
usually 1 business day
Ready-made companies in Estonia
Buying a shelf company skips incorporation. Each entity is clean — share capital already registered, no prior business activity — and the name can be changed; the transfer runs through a Tallinn notary, by proxy, or online if you hold e-Residency.
Price
from €365 with e-Residency, from €550 at the notary
Timeline
1–5 days to re-register
Company formation in Lithuania
Lithuania is the alternative when the project needs a Lithuanian regulator or the country's EMI ecosystem. A UAB takes €1,000 of share capital with 25% paid before filing, and formation is notarial — during your visit or under a notarised power of attorney.
Price
from €1,000 in person, from €1,300 by power of attorney
Timeline
1–5 business days in person, 10–15 days by proxy
Company formation in Europe
A comparison, not a product. Estonia, Lithuania and Poland set side by side on corporate tax, share capital, VAT threshold and registration route — plus the question that comes first: new company, subsidiary or branch.
Price
On request
Timeline
set by the country you choose
e-Commerce company in Estonia
For sellers on Amazon, Etsy or eBay and for own-platform stores: an Estonian OÜ plus the operational layer around it — marketplace and payment accounts, a WooCommerce, Shopify or BigCommerce build, and accounting geared to e-commerce.
Price
from €550
Timeline
up to 5 business days
Crypto and MiCA licensing
MiCA — Regulation (EU) 2023/1114 — took effect for crypto-asset service providers on 30 December 2024. The rulebook is now the same in every member state, and a CASP authorisation granted by one national regulator opens the whole EU market. The question is no longer whose rules you prefer, but whose regulator you file with and what the entity underneath costs. Capital follows the service class: €50,000 for advisory and intermediation, €125,000 for custody and exchange, €150,000 for a trading platform. Budget three to six months for a CASP application.
MiCA licence for a CASP
The complete authorisation file for exchanges, custodians, wallet providers and brokers: governance, AML/CFT and risk policies, IT resilience and cybersecurity documentation, proof of capital, and the correspondence with the national regulator through to approval.
Price
On request
Timeline
3–6 months
MiCA crypto-asset white paper
Title II covers everything that is not a stablecoin — utility tokens, coins, NFTs issued in series. A compliant white paper is what lets you market the token in the EU and list it on regulated exchanges without restrictive labels.
Price
from €3,900 for entity set-up and filing, €15,000 if we draft the paper from scratch
Timeline
On request
Crypto licence in Estonia
Estonia's regime sits with the Financial Intelligence Unit under RahaPTS and covers exchange, wallet and transfer services. Capital is the real constraint here — €100,000 or €250,000 by service scope, actually deposited into the company's account.
Price
On request
Timeline
company set-up up to 5 business days, then FIU review
Crypto licence in Lithuania
Supervised by the Financial Crime Investigation Service. The practical draw is that the whole stack is available as one package — company, licence, an outsourced AML officer and MLRO from €1,000 a month, and an EMI or PSP account from €1,000.
Price
from €3,500, or from €15,000 for a ready-made Lithuanian company that already holds the licence
Timeline
30–45 days
Crypto licence in Poland
Poland adopted its crypto rules on 1 November 2021, and more than 900 blockchain companies have since registered with GIIF. The regulator's review of a filed application runs to 14 days, and ready-made Polish companies with an existing authorisation are available.
Price
from €5,500
Timeline
up to 1 month end to end, of which 14 days is regulator review
Crypto licence in Czechia
Czechia routes the activity through the Trade Licensing Register, with the Financial Analytical Office supervising AML. There is no share capital requirement for a Czech crypto company, and the entire procedure can be completed remotely.
Price
€3,000
Timeline
3–4 weeks
Choosing an EU crypto jurisdiction
Start here if the country is still open. We map your expected business flows against the regimes actually implemented across the EU — Bulgaria, Germany, Ireland, Lithuania, Poland, Portugal, Slovakia, Czechia and Estonia — and recommend one, with the reasoning written down.
Price
from €3,500 for the corporate solution
Timeline
3–4 weeks to set up
Financial and gaming licences
These authorisations come from financial and gaming supervisors, not from the crypto regimes above: in Estonia the Financial Supervisory Authority and the Financial Intelligence Unit, and for funds in Lithuania the Bank of Lithuania. What they demand is different too — share capital fixed by statute, a governance and AML file the regulator reviews, and decision periods counted in months rather than weeks. Crowdfunding and fund management appear twice, once under Estonian supervision and once under Lithuanian, so the choice there is which regulator you would rather answer to.
Financial institution licence in Estonia
An FIU authorisation for B2B financial services that fall outside the Financial Supervisory Authority's licensing regimes. The route for a fintech serving business clients rather than consumers, without applying for a banking licence.
Price
from €5,000, plus a €3,300 state fee paid to the government
Timeline
about 2 months
Gambling licence in Estonia
Covers online casino, sports betting, lottery and games-of-skill operations run from an Estonian company. Share capital is set by law and depends on the activity: €1,000,000 for games of chance and lotteries, €130,000 for betting, €25,000 for games of skill — paid into the company, not to us.
Price
On request
Timeline
On request
Crowdfunding licence in Estonia
Authorises an Estonian company to operate a loan-based or equity crowdfunding platform under Regulation (EU) 2020/1503, with the transparency and investor-protection duties that regulation imposes.
Price
On request
Timeline
about 25 days to the regulator's first response
Crowdfunding licence in Lithuania
The same Regulation (EU) 2020/1503 framework, filed with the Bank of Lithuania. Both licences passport across the EU; Lithuania is the faster of the two on paper, and the choice usually follows where your platform's operations already sit.
Price
On request
Timeline
completeness checked in 25 working days, decision within 3 months
Small AIF in Estonia
Registered with the Financial Supervisory Authority under the Investment Funds Act and structured as a limited partnership fund. The manager sets the investment policy: venture capital, private equity, real estate, cryptocurrencies and tokens.
Price
On request
Timeline
about 2 months
Small AIF in Lithuania
Established under the Law on Collective Investment Undertakings, aligned with AIFMD 2011/61/EU. Unlike the Estonian limited partnership fund, this vehicle sits with the Bank of Lithuania — the route when the fund's investors or assets are already Lithuanian.
Price
On request
Timeline
On request
Accounting, reporting and dissolution
Registration is the short part. From the day it exists, an Estonian OÜ files declarations, reports annually and keeps records that hold up to the Tax and Customs Board — whether or not it trades. This group covers that standing obligation, the specialist case of crypto-asset bookkeeping, and the procedure for closing a company cleanly once it has served its purpose.
Accounting services in Estonia
A single agreement covers bookkeeping, payroll, VAT returns and the annual report, with documents exchanged and signed online. It suits an OÜ managed from abroad — including a dormant one, which still owes the register a report every year.
Price
from €75/month without a VAT number, from €150/month with one; annual report from €150
Timeline
ongoing — VAT returns by the 20th of the following month, annual report within six months of the financial year-end
Accounting for crypto companies
Exchange statements, wallet histories, commissions, spreads and realised transaction rates, turned into accounts that survive an audit. Built for exchanges, funds, token projects and platforms that must keep client assets separate from their own — and for private investors reporting gains on virtual assets.
Price
On request
Timeline
On request
Company liquidation in Estonia
Two routes out. A dormant OÜ that never commenced activities can be deleted on petition; a company with assets, creditors or trading history goes through full liquidation under the Commercial Code — resolution, public notice, creditor period, final accounts, tax clearance. Both can be run from abroad.
Price
from €250 simplified, from €500 standard with an e-Residency card or Estonian digi-ID; €550 and €800 respectively by proxy
Timeline
3–4 months simplified, 6–9 months standard
Legal support and corporate administration
An Estonian company must stay reachable, documented and properly represented whether or not anyone from the board is in the country. These three services cover that administrative layer: a registered presence in Tallinn, certified documents that satisfy foreign banks and counterparties, and lawyers on call when a contract, claim or dispute needs one.
Legal services in Estonia
Our lawyers advise and represent clients in contract and debt matters, labour, family, inheritance and immigration law. Typical work is document and contract review, written legal opinions, drafting agreements and claims, and representation in pre-trial negotiations and in court.
Price
€75 per hour for a consultation, in person, by phone or online; other matters on request
Timeline
On request
Corporate documents for Estonian companies
Ordered when someone outside Estonia has to be convinced the company is real: a bank opening an account, a payment provider onboarding you, a tender checking who may sign. We obtain the document from the register or the Tax Board, translate it into English, and apostille it when the receiving country requires one.
Price
from €50 per document, apostille from €50; excludes VAT, English translation included
Timeline
1–3 working days to prepare, plus apostille and courier lead time
Virtual office in Estonia
Estonian law requires every company to keep an address in the register, and a board sitting entirely abroad must also name a contact person. This service supplies both, plus post that is received, scanned and forwarded — the minimum a remotely run OÜ needs to stay compliant between filings.
Price
from €400 per year for the full package; the registered address or the contact person alone from €250 per year
Timeline
annual term, incoming mail stored up to six months
How we work
Every service on this page runs through the same five stages. Only the clock changes: days for a company formation, months for a licence. Scoping and structuring happen in the days before the clock below starts.
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1
Enquiry and scoping
You tell us what the business does, who owns it and where it will operate. We come back with the route we recommend, the price, and the list of documents we need from you.
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2
Structure and jurisdiction
Legal form and country are chosen against the activity, not by default — an Estonian OÜ, a Lithuanian UAB or MB, or a licensed entity in Estonia, Lithuania, Poland or Czechia. For regulated work this decision sets everything that follows, so nothing is drafted until it is settled.
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3
Documents prepared
Founding documents are drafted to the standard the receiving registry applies. A licence file also carries AML procedures, risk disclosure and IT and security policies. Pace here depends largely on you: how fast signed, notarised and, where the case requires it, apostilled papers come back.
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4
Filed with the registry or regulator
A formation goes to the Estonian e-Business Register, or in Lithuania through a notary to Registrų centras. A licence application goes to the national financial regulator of the chosen member state, which evaluates it and verifies compliance before granting approval.
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5
Ongoing support
Registration starts a calendar rather than closing one. We keep the company filing on time and stay on the file when the structure, the owners or the licence changes.
Why Eesti Firma?
Licensed, and supervised for it
Eesti Firma OÜ holds trust and company service provider licence FIU000144, issued by the Estonian Financial Intelligence Unit. The licence is on a public register, so you can verify the provider before you sign anything — the same check your bank or payment provider will run on your company later.
A member of the Estonian Chamber of Commerce and Industry
Membership of the ECCI is granted on the chamber's own assessment of a company's standing, and it is checkable independently of anything published on this site.
Four jurisdictions we actually file in
Estonia, Lithuania, Poland and Czechia, plus EU-wide advice on where a regulated business should sit. Crypto and MiCA work covers all four; company formation runs through Estonia and Lithuania; accounting, liquidation and corporate administration are Estonian. We do not list a jurisdiction we cannot file in.
Built for founders who never visit Tallinn
Over ten years of practice, with clients in more than 90 countries. Companies are formed, licensed and closed remotely: with an e-Residency card, an Estonian digi-ID, or a notarised power of attorney if you hold neither. Since 2017 we have taken more than 300 clients through crypto licensing in the EU.
Working languages
This site, its service pages and all correspondence run in English, Russian and Estonian. Translation of corporate documents into English is included in the document price; other languages are quoted separately.
Business Information
- Legal name
- Eesti Firma OÜ
- Registration code
- 14164797
- Licence number
- FIU000144
- VAT
- EE102081480
Office
- Address
- Vesivärava 50-301, 10152 Tallinn, Estonia
- Hours
-
Mon-Fri: 9:00 — 18:00
Sat-Sun: Closed
Our Team
Albert Strikov
Co-founder and CEO
Ilja Nikiforov
Co-founder and Chief Legal Officer
Dmitry Malyshev
Lawyer & Partnerships Lead
Anastassia Rumjantseva
Lawyer
Patrik Asevičius
Lawyer & Regulatory Advisor
Ljubov Medjankina
Compliance Specialist
Yulia Borteichuk
Corporate Client Manager
Olga Romanova
Accountant & Tax Specialist
Lawyers and accountants in the same office
Licensing, corporate documents and monthly bookkeeping are handled by one in-house team under one agreement, not passed to a subcontracted accountant after the company is registered. Our accountants have over five years of practice in cryptocurrency and blockchain bookkeeping specifically, which is why a licensed CASP and its books can stay with the same people.
Pricing and what is included
Every price on this page is a starting fee. Five rules sit behind those numbers, and they hold across every engagement.
- A quoted formation fee is the whole fee. Estonian formation packages already carry the notary and state charges — the €265 state registration fee among them — plus one hour of legal or accounting advice; the advanced packages add a legal address and contact person for the first year. Lithuanian packages bundle the same items where the offer says so.
- Share capital is not a fee. It is a deposit into your own company and it stays there. An Estonian OÜ can start from €0.01 per shareholder; a Lithuanian UAB needs €1,000, of which at least €250 must be paid in before filing.
- Regulator charges are paid to the state on top. An Estonian financial institution licence carries a mandatory €3,300 state fee alongside a service fee that starts at €5,000. If you still need e-Residency, that application costs €150 to the Estonian state and sits outside any package.
- Licence projects are quoted per project, after an assessment. We look at the business model, the ownership and management structure and the scope of work before naming a figure — the amount tracks complexity, not a price list. Recurring accounting is quoted the same way, on document volume, VAT status and payroll.
- VAT may apply to the prices shown. Full commercial terms are in our pricing policy.
Describe the structure you need and we will put the full scope and price in writing — book a free consultation.
FAQ about Eesti Firma
Market access is not the variable — a MiCA licence works across every member state. Cost, timeline and capital are. Czechia is quoted at €3,000 and 3–4 weeks, Lithuania from €3,500 and 30–45 days, Poland from €5,500 and roughly a month. Start with choosing an EU crypto jurisdiction, which sets out the countries with a working route.
The company comes first — a regulator authorises a legal entity, not a plan. Structure it for the licence from the start: share capital, board and AML roles follow the class you apply for, and MiCA capital ranges from €50,000 to €150,000. In Lithuania, formation and the crypto licence application run as one engagement from €3,500.
No. Registration with an e-Residency card is fully online and the registry usually approves the company within one business day; founders without e-Residency can incorporate by notarised power of attorney. A virtual office in Estonia then supplies the registered address and contact person from €400 per year, so no premises are needed.
Yes. Non-residents are the core of the practice, with clients in more than 90 countries. An Estonian OÜ allows 100% foreign ownership and a board member needs no Estonian residency. A board based entirely abroad usually needs a local contact person, included in the virtual office package alongside the registered address.
An Estonian OÜ is usually registered in 1–5 business days, or about one day on the e-Residency route. A crypto authorisation adds 3–4 weeks in Czechia or 30–45 days in Lithuania. A MiCA licence for a CASP takes three to six months; an Estonian financial institution licence is reviewed in roughly two months.
Three routes: a subsidiary, a branch of the existing entity, or a new incorporation. The choice turns on where profit is taxed, what substance the business needs and who signs contracts. We fix the legal model before any filing — see company formation in Europe, or start with a structural review from our legal team in Tallinn.
Every OÜ files an annual report through the e-Business Register within six months of its financial year-end — dormant companies included. VAT registration is generally required once taxable supply passes €40,000 in a calendar year, and KMD returns then fall due monthly. Accounting in Estonia runs from €75 a month without a VAT number, €150 with one.