{"id":86,"date":"2020-10-25T20:18:14","date_gmt":"2020-10-25T20:18:14","guid":{"rendered":"https:\/\/globalspark.net\/erjourney\/?p=86"},"modified":"2020-11-01T13:08:29","modified_gmt":"2020-11-01T13:08:29","slug":"establishing-a-company","status":"publish","type":"post","link":"https:\/\/glops.ee\/wps\/erjourney\/?p=86","title":{"rendered":"Establishing a company"},"content":{"rendered":"\n

I had my e-Resident kit, I tested it and it worked fine. So I could establish my company. But before of that I had to select a service provider, a company that help me and also a virtual office, because it is mandatory to have a virtual office (legal address & contact person) located in Estonia.<\/p>\n\n\n\n

When I need a new service, a new partner, … I visit the Estonian Marketplace:<\/p>\n\n\n\n

https:\/\/marketplace.e-resident.gov.ee\/<\/a><\/p>\n\n\n\n

There I filter the service that I need, then I compare prices, services and restrictions.<\/p>\n\n\n\n

There were a lot of companies that could help me, but I couldn’t afford the monthly fee (about 60\u20ac). Finally I found a company with affordable fees Nordic Consult: <\/p>\n\n\n\n

\"\"
https:\/\/nordicconsult.ee\/en\/<\/a><\/figcaption><\/figure>\n\n\n\n
  • Company formation (including state fee) \u2014 240 EUR<\/strong><\/li>
  • Legal address & contact person \u2014 125 EUR\/Year<\/strong><\/li><\/ul>\n\n\n\n

    Then I visited their web, it is not an impressive website, but be careful with impressive websites, sometimes that is the best of the company and the services aren’t so best.<\/p>\n\n\n\n

    I sent them an e-mail and they tell me that I didn’t need monthly accounting because I didn’t pay monthly salaries and issued a few number of invoices.<\/p>\n\n\n\n

    They are very clear about the services they offer. For example they won’t help you to open a bank account, that is a task that must do on your own.<\/p>\n\n\n\n

    I wanted to wait until the next year to establish the company, because it was on December. But I didn’t know that if you create a company from July to December you don’t have to submit the annual report the next year. So I established my company before the end of the year. The process was very simple and fast.<\/p>\n\n\n\n

    I am happy with their services. Next December I will renew the Legal address & contact person service.<\/p>\n\n\n\n