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How much is it to set up a company?

Last updated: April 09, 2025

When you’re starting your company, you'll incur the following costs:

  • State fee for e-Residency: €150, 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:
    Starter: €59 + VAT
    Standard: €89 + VAT
    Pro: €129 + VAT
    Premium: from €259 + VAT
  • E-commerce support monthly fee: €59 + 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. The monthly fee for the LHV business debit card is €2, and the monthly fee for the LHV account is €30
  • Opening a Wise business account: €50
  • Opening a Revolut business account: Starting from €10
  • Issuing and delivering your bank debit card: €19 + VAT

The fees mentioned above are subject to change in the future. Check out our pricing page for a detailed monthly breakdown of the costs related to setting up and running a company.

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