Company · Government

Has anyone had any experience with setting up a company in Estonia?

Hazique Memon Cofounder at Swiss Escape

April 17th, 2018

In the last year or so, I see a lot of growth in the e-Residency in Estonia. You could technically open a company from the comfort of your home. Fairly ok tax rates and it is all paperless.

However, I haven't met anyone who has been running a company there for at least a year, to get a good look on the feasibility of starting one there.

Max Darski Contact me if you want to build startup around cars and automotive

Last updated on May 19th, 2018

Hi Hazique! I am originally from Estonia and was owning a small company in the past there. If you have any questions feel free to contact me.

Karl Kalamagi

May 23rd, 2018

Hello Hazigue,

I am local busines owner-you can also write to me.

But yes- the bigest problem is bank account.

Best regards,


Vladimir Solovev Cofounder & CEO

May 20th, 2018

You will have problems opening a bank account. :) Banks in Estonia do not open an account for e-residents.

And it's easy to open a company. :)

Company in Esonia - fake!