Magrat
International founders who want a personal, accountant-led service with company formation, accounting, tax and legal support from one established Estonian provider.
About Magrat
Magrat is an established Estonian corporate-services provider offering company formation, accounting, tax, legal and related business support to international founders.
Its approach is more accountant- and adviser-led than self-service. Company formation is priced as a one-off service, while active monthly accounting starts from around €180 per month + VAT and broader services are priced according to the company’s needs.
Magrat is a stronger fit for founders who value personal support and access to several professional services from one provider. Very small businesses primarily seeking the lowest-cost automated setup may find simpler subscription platforms more economical.
Key strengths
- Personal accountant-led service rather than a self-service-only platform
- Company formation supports up to two shareholders and two board members at the standard price
- Accounting plans available for businesses ranging from small companies to complex groups
- Supports e-commerce and crypto businesses
- Advanced tax, legal, audit-preparation and consolidation support available
- Broad support for more complex international business structures
- ERK Recognised Accounting Firm
Key limitations
- €499 formation is considerably more expensive than state-fee-only formation services
- Accounting starts from €100/month + VAT
- VAT, employees, e-commerce and other complexity may require a substantially more expensive accounting plan
- Legal address pricing is not clearly presented as a single annual package
- Standalone annual report pricing is not clearly published
- Additional shareholders or board members beyond the included limit cost extra
- Certified translations and non-standard work cost extra
Price-sensitive microbusinesses looking for low-cost automated accounting or a simple all-in-one subscription.
No commercial relationship currently recorded. Provider information is based on publicly available pricing and service information.
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