Virtual Office FAQ
Not all countries are countries where a certified or authenticated power of attorney is considered equivalent to an Estonian notary’s power of attorney, so it is not enough to approve the documents by apostille. It is necessary to either produce a power of attorney in another country or go to court (§ 57 (2) of the Certification Act). If the bank does not accept to open your account, you will receive a 50% refund if you have ordered help for opening a bank account in Estonia. What to keep in mind is that Estonian banks do not open an account without meeting you. However, for example, you can open an account (LHV Bank) remotely if you already have an account in that bank. Alternative solutions are Transferwise, Monese, Revolut and so on. It depends on the package selected. There is a legal address for a company or private person. But also contact person service, document samples, help with establishing a company in Estonia, companies from self, bookkeeping services etc. For details, see the specific service.
Estonia is NO. 1 most entrepreneurial country in Europe (World Economic Forum) with the world’s most digitally advanced society
Alternative solutions are Transferwise, Monese, Revolut and so on.