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 a startup and looking for a partner

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!