You need an ID card to do most things without going there or using snail mail. You can go there and get either a temporary residence card, or get an e-residence

You need an ID card to do most things without going there or using snail mail. You can go there and get either a temporary residence card, or get an e-residence card online, which costs around a 100€ and takes about a month to get. You can pick it up at an embassy. Company registration is done through a web app where you just select from drop downs or choose numbers, like how many shares are needed for certain votes etc. I think it was around 250€ and was approved in a day or two. A forwarding address for the company is about a 100€. You have to visit the bank to open local accounts. You can get an account with a EU-wide challenger bank if you don't want to go there just for this. No real benefit to having a local account unless you want financing for local projects or something along those lines. The banks charge you more or won't open accounts if you are a foreigner or e-resident. Taxes and reports can be done online. If the company is dormant or doesn't make a profit it's very simple. Otherwise you can get an accountant. No idea about employees and payroll but unless you want to employ locals it's not very interesting.