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Can I open an account for my Estonian company in a foreign bank?

The Commercial Code of Estonia does not require the company to open a payment account in an Estonian bank. 

The new amendment that came into force at beginning of 2018 enables the companies to pay in the share capital to a payment account in a credit institution licensed in the EEA member state, removing mayor hurdle in establishing a fully functional company in Estonia.

We have several partners who are willing to open an account to our clients and we would be glad to offer the service for you