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It takes time, I think from initial application to having the company set up, it was about 2 months. One month waiting for authorization, another month for the
by comstock 9y ago
It takes time, I think from initial application to having the company set up, it was about 2 months. One month waiting for authorization, another month for the card to arrive.
Setting up the company is then easy. To set up a full bank account you need to go to Estonia. You can setup a transferwise account which gives you a banking facility however.
There are other countries where you can setup companies quicker, or with better tax implications. But I don’t think there’s a good option in the EU.
If I were you, I’d get the e-residency card now and have it available if you want to quickly start a company later.