"How much does it cost to set up a company in Estonia?" is usually the first question people ask, and the honest answer has three parts: the price of the formation service, the optional extras you may need, and the costs that are not a service fee at all. This guide goes through each part, with our current prices taken directly from our price list, so you can see what you would actually pay before you order.
Before you pay for anything, the free company name check shows whether the name you want is already taken in the commercial register.
The formation package: two prices, one content
Our new company formation package forms an Estonian private limited company (OÜ); the price includes one person who is both the shareholder and the management board member. It exists in two versions. The content is the same; what differs is how the documents are signed:
- Formation in person at a notary office in Tallinn: €950. The registered address and contact person service for the first year is included. You come to Tallinn and sign the incorporation documents yourself.
- Remote formation by notarised power of attorney: €1,250. The registered address and contact person service for the first year is included. You do not travel to Estonia; the company is formed on your behalf with a notarised power of attorney.
The remote version costs more because it involves more preparation: the power of attorney has to be drafted, certified and checked before it can be used.
What the package price already covers
Both versions include the formation of the OÜ, the preparation of the incorporation documents, a registered address in Estonia for 12 months, a licensed contact person service for 12 months, legal and administrative assistance with the incorporation, and the documents in PDF. The address and the contact person matter for the cost: the company's address is entered in the commercial register, and a company whose address is abroad must designate a contact person in Estonia (Commercial Register Act § 24). With our package you do not pay for either of these separately during the first year.
A package includes exactly what is listed on the company formation page. Anything not listed there is not part of the package price.
Add-ons: pay only for what your business needs
Most companies do not need every extra. These are the add-ons that affect the total most often:
- Each additional person in the management board or among the shareholders: €300. One person is included in the package price, and a board member who is also a shareholder is counted once — two directors who each hold 50 % are two persons, not four. Each shareholder that is a company: €1,000.
- Registration as a VAT payer (VAT number): €250. The VAT number is not included in the formation package; the decision to register a company for VAT is made by the Estonian Tax and Customs Board.
- EORI number for trading with countries outside the EU: €200.
- LEI code, often required for investment and banking relationships: €350.
- Assistance opening a Revolut Business / Wise account: €350.
Apostilled English-language documents, a company seal and courier delivery are also available. The complete list, with every price, is in the formation section of our price list.
Costs that are not a service fee
Some money you spend when founding a company does not go to a service provider:
- Share capital. The share capital belongs to the company. It is not a fee. The founders agree on its amount and on how it is contributed, and we explain the current requirements by email before the documents are prepared.
- Official fees are inside the price. In person: The price includes the Estonian notary fees and state fees, a registered address in Estonia and a licensed contact person for the first 12 months. No additional fees are added. Remote: The price includes the Estonian notary fees and state fees, the sworn translation of the power of attorney in Estonia, a registered address in Estonia and a licensed contact person for the first 12 months. You pay only for signing the power of attorney in your own country (the local notary fee and the apostille). They are not added to the package price shown above.
- Your own notary abroad. If you choose the remote route and have the power of attorney certified by a notary outside Estonia, that notary's fee is set by them.
After the first year
The registered address and contact person are included for 12 months. After that they can be extended for €350 / year. An active company also has recurring costs such as accounting (from €150 / month) and the annual report (from €450). Both are "from" prices: the amount is our fee for a company with a small number of transactions. Our guide What it costs to keep an Estonian company explains these yearly costs in detail.
How to see your exact total
The order form calculates the total as you choose the package version and the add-ons. A "from" price is our fee for the standard scope and is paid when you order; work beyond that scope is done only with your written agreement. Fixed-price orders are paid by card through Revolut. The price includes one person who is both the shareholder and the management board member. A company can also be a shareholder: each shareholder that is a foreign company costs €1,000, and we ask for its details by email after the order.
If you are still deciding whether to form a new company at all, compare it with buying an existing one in Ready-made or new Estonian company.
Related pages
- Full price list — every service and add-on on one page
- New Estonian company formation — the service page
- New Estonian company formation — how the process works
- Ready-made or new Estonian company: price, VAT and timing compared
Official sources
The laws this article names, each linked to its official text, as read on 9 October 2026. For the Estonian acts we read the English translation in Riigi Teataja (opens in a new tab); the legally binding text is the Estonian one.
- Commercial Register Act (opens in a new tab) — Riigi Teataja (opens in a new tab), English translation
To see which of our services your company needs, open the Business Navigator.