Basics
How Long Does It Take To Set Up My Business?
The time it takes to establish a company with Companio varies depending on whether you are already an e-resident or not. If You Are Already an e-resident The process can be as short as a couple of days, including setting up a corporate bank account. Especially efficient if you choose one of the solutions we collaborate with. If You Are NOT an e-resident The process can take between 3 and 6 weeks. The e-Residency application process itself can take between 3 to 5 weeks. The prFew readersI’m Not an e-resident, Can I Start the Set Up?
Sure, that's not a problem. You can start the set up process even if not all company members are e-residents. However, you can activate your company once you've digitally signed using your e-resident card. In other words, you can only invoice your clients or open a bank account once you have your e-resident card and complete the activation process. You can proceed with the Estonian company registration process later when all company members become e-residents (https://help.companio.co/Few readers
Set Up Process
3-Step Business Registration With Companio, See How!
You have to follow these three steps: Choose the name of your company. Make sure it is not already taken. Add the company’s information. Describe the activity of the company, add its official email, phone number, and the share capital (https://help.companio.co/en/article/what-is-the-share-capital-of-a-company-16l0en/Some readersStep 1 in the Company Setup Process: Company Name
Before deciding on your company name, make sure that it is not already registered and that there is no European or Estonian trademark with a similar name. Choose something unique and distinctive. You can write it on Companio's platform once you have selected one. We will also check if that name is available. There are 3 possible scenarios: ⛔ A red message appears saying that the name is not available. This means that there is a company or brand with the same or a similar name. You mostFew readersStep 2 in the Company Setup Process: Company Information & Members
Add company information You will have to add the following information: ✅ The activity of your company. Your company can do different activities, but you have to specify the main one. ✅ The means of communication (for example, email, telephone). This information will be published in the e-Business ReFew readers
Activation
How Do I Sign My Company Registration Application?
First of all, if you haven’t installed the card reader software and activated the plugins of your browser you have to do it to sign the application. We explain how to do it in this tutorial. If you have configured your card reader already, these are the steps you must take to sign the registration of your company in Estonia: Access the Estonian e-Business Register and log in with youSome readersHow Do I Sign the Contract of Services?
It is mandatory that all partners sign the monthly accounting service contract and the AML (Anti-Money Laundering) document to proceed with the next step in activating your company. This serves two purposes: To ensure that all partners are e-residents and verify their identities. To ensure that you understand and accept the contract for the provision of monthly accounting services. To proceed with this signature, you will need to do the following: Insert the e-resident card into the readFew readersHow to Grant Companio a Power (PoA) of Attorney to Do My Accounting?
Make sure to check out this tutorial if you haven't installed the software for using your e-residency card yet. It's essential! Once you've completed that, you can authorize us with a power of attorney for your accountingPopularSpecial Characters in Names on E-Business Registry
In cases where your name contains special characters, you may encounter a warning during the signing process on the e-Business Registry. However, please note that you can proceed with the signature despite this warning. It's a common occurrence.Few readers