companio.co Reviews 37

TrustScore 3 out of 5

2.9

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2.9

Average

TrustScore 3 out of 5

37 reviews

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1-star

Hasn’t replied to negative reviews

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Rated 1 out of 5 stars

Raising prices without notification

They raise their prices without properly sending email notifications to you so that you could have the chance to cancel before paying the higher price.

Additionally, their customer support tries to make you jump through useless and completely unrelated AI answers at first.

22 May 2026
Unprompted review
Rated 2 out of 5 stars

Companio is getting worse.

Companio is getting worse.

I've been a customer for 5 years+. They keep increasing prices and adding fees for services that were previously included in the main subscriptions.

They use AI to reject perfectly fine documents and then it takes several email to get a human to correct their AI mistakes.

But worse is that last dashboard upgrade is a mess. You can't even see what transactions you matched in previous months. I'll probably leave companio soon if they don't at least improve the new dashboard.

It's a shame as it was perfectly fine before. They could have simply raised subscription price, kept everything included, and kept the previous dashboard version.

P.S. I am aware there is a link "Switch to previous version" in the dashboard, but as many other things in the new dashboard, even this link is broken.

6 March 2026
Unprompted review
Rated 1 out of 5 stars

Expensive and poor service

Expensive for poor service received.
They charged me for one year of service, only to inform me that they do not support my kind of business (electronic goods sold in the US).
That information was provided to them on day one when I signed up, and several times after that, and they just missed it.
Furthermore, their customer service is a mix of AI-bot and human support. That is not bad in itself, except that the information does not flow between bots and humans, and even humans to other humans.
Once they decided to drop my company, they did not even help me liquidate or clean up their mess. Not recommended.

26 June 2025
Unprompted review
Rated 5 out of 5 stars

They do a fantastic job and now that…

They do a fantastic job and now that they have introduced automations on their workflow everything goes smoothly without the need to constantly contact them.

Best customer attention is the one that is not needed because everything flows.

I have been a client for more than a year and a happy customer.

28 November 2024
Unprompted review
companio.co logo

Reply from companio.co

Thank you for sharing such wonderful feedback about our service evolution! We're really glad to hear that you feel this way about the latest changes!

Thanks again for being part of our journey and for helping us validate that automation done right means more efficiency for our customers!

Rated 5 out of 5 stars

They are great at explaining or…

They are great at explaining or following up on all the different questions I throw at them... Very friendly support! The Product could be a little better designed, but that is a minor detail/feedback.

8 November 2024
Unprompted review
companio.co logo

Reply from companio.co

What a fantastic review - thank you! We take pride in our service, and it's rewarding to know that it showed in your experience. We value your support and hope to serve you again soon.

Rated 5 out of 5 stars

Quick an efficient response

Immediate or very quick response to doubts and questions. Always helping with finding solutions

25 October 2024
Unprompted review
companio.co logo

Reply from companio.co

We're truly grateful for your positive review! It's wonderful to hear that our service met your expectations. Thank you for choosing us and for recommending our business to others.

Rated 5 out of 5 stars

thank you for kindly help

thank you for kindly help
you are amazing

7 November 2024
Unprompted review
companio.co logo

Reply from companio.co

Thank you for taking the time to share your experience with us! We're delighted that you enjoyed our service and appreciate your kind words. Your feedback helps us continue delivering great experiences to all our customers.

Rated 5 out of 5 stars

So far, so good.

I've been a client of Companio for around 4 months now and I am impressed with their professionalism and knowledge.

I've had some pretty awful experiences with accountants in the past so working with Companio is a breath of fresh air.

Their customer support is fast and reliable. When I ask a question, I get an answer in minutes.

The platform is easy to use and most of the hard work is done by them so my monthly workload is light.

I'd recommend Companio to anyone looking to start a business in Estonia under the e-Residency program.

1 November 2024
Unprompted review
companio.co logo

Reply from companio.co

We really appreciate you leaving this wonderful review! It's feedback like yours that motivates our team to keep delivering exceptional service. Thank you for taking the time to share your experience with others.

Rated 1 out of 5 stars

WARNING: AVOID THIS DISGRACEFUL COMPANY AT ALL COSTS!

I am utterly appalled by the abhorrent treatment I received from this company. After applying for their services, I was hit with €39 in foreign exchange fees because of their incompetence, and when I sought compensation, they had the nerve to refuse. They take zero responsibility for their mistakes and act like they’re above accountability.

But the most outrageous part? My application was rejected simply because I’m Egyptian! This reason was never disclosed in their policies, and it doesn’t appear anywhere on their website. This isn’t just a bad business practice; it’s outright discrimination! There’s no legitimate reason for this hidden condition, and it goes against everything that should define a reputable company.

Their lack of transparency is unacceptable, and it reeks of dishonesty. If I had known they operate with such disgraceful criteria, I would never have wasted my time or money. They clearly have no respect for international customers and are hiding behind vague policies to justify their prejudiced actions.

I will be taking this further by filing formal complaints with every relevant authority, and I will ensure that everyone hears about their deceptive and unethical practices. Do not trust them! They are a scam waiting to happen, and they don’t deserve a single cent of your hard-earned money.

2 October 2024
Unprompted review
companio.co logo

Reply from companio.co

Dear Moustafa,

Thank you for taking the time to express your concerns.

We sincerely apologize for any confusion or distress caused by this situation and would like to clarify a few points to ensure there is no misunderstanding.

First, we want to clarify that we have never, and will never, discriminate against any of our clients based on their country of origin, nationality, or background. Our company prides itself on providing equal treatment to all our clients, regardless of where they are from.

Unfortunately, Egypt is currently part of a list of unsupported countries for our services due to specific compliance regulations. Our decision was not based on your nationality, but rather on these regulatory constraints.

We completely understand how frustrating it can be when these criteria are not clear enough upfront, and we are actively working to make this information more transparent on our website.

That said, there is an option that might allow you to proceed with registration if your company includes a co-founder or a member who holds a passport from a supported country.

In such cases, the company can be registered under the supported member’s country, allowing you to move forward with your business plans.

Regarding the foreign exchange fees, we sincerely apologize for any inconvenience caused. We have refunded the full amount we received on our end, which was €390, and the €39 charge you mentioned was applied by the payment provider, which unfortunately falls outside of our control.

While this is not the outcome you had hoped for, please know that we are constantly looking for ways to improve and will take your feedback into account.

We would appreciate the opportunity to continue this conversation and explore any solutions that might better address your needs. Please feel free to reach out to us directly at cs-department@companio.email.

Thank you again for bringing this matter to our attention.

Rated 1 out of 5 stars

Companio's management is terrible

Companio's management is terrible. They are not allowing me to close my annual report due to their lack of professionalism. You cannot contact the advisors, and they don't care about your annual report. The platform loses the content you upload, and they lie about the documentation. To top it off, they only attend to you if you pay €200, and then they disappear, leaving you with the chat again.

17 June 2024
Unprompted review
companio.co logo

Reply from companio.co

We apologize that your experience wasn't up to par, and we acknowledge our delayed response. If you'd like to discuss this further, our support team is available to assist you and find a solution. Simply visit our website and use our chat feature to connect with our team.

Rated 1 out of 5 stars

Very bad company...

Very bad company.... They don't care at all about your company, they take many days to respond.

17 February 2024
Unprompted review
companio.co logo

Reply from companio.co

We apologize for the experience you've had and for our delayed response. While this doesn't reflect our usual standards, we'd like to make things right. Please visit our website and click the chat icon in the bottom right corner to connect with our customer support team - they're ready to help address your concerns directly.

Rated 5 out of 5 stars

Companio.co was the first 3 months for…

Companio.co was the first 3 months for free. That gave me the time to switch completely and understand their accountancy program. They answered all my questions in 24 hours. If you own a webshop I really recommend Companio!

27 March 2023
Unprompted review
companio.co logo

Reply from companio.co

Thank you for this wonderful review! We're particularly glad to hear that the free trial period helped you transition smoothly and get familiar with our accounting system.

Your feedback about our response times and recommendation for e-commerce businesses is greatly appreciated.

It's reviews like yours that help other entrepreneurs make informed decisions. Thank you for choosing us as your business partner!

Rated 5 out of 5 stars

Ccompany is technologically so advanced

The company is so technologically advanced. I talk to them only by mail, and they are a very quick responsive team. Also, the convenience of having a company registered in Estonia makes me so happy to manage my digital business. I appreciate their work, and I recommend you consider working with Companio if you are interested in opening a new business. So fresh!

24 November 2022
Unprompted review
companio.co logo

Reply from companio.co

Thank you for this fantastic review! We're thrilled to hear that you're enjoying our technology-driven approach and quick response times.

Since your review, we've actually made even more improvements to our communication system, now offering instant chat support alongside email. It's especially rewarding to hear that we've helped make managing your digital business in Estonia more convenient - that's exactly what we aim for!

Your kind words and recommendation mean a lot to us, and we're grateful to have you as a client. Thank you for being part of our journey to make business management more efficient and fresh!

Rated 1 out of 5 stars

DO YOUR RESEARCH BEFORE HIRING THEM!

Okay, so to start, they have very slow and low quality customer service, they seem to be hiring a lot of freelancers due to their volume of customers and there are competitors much better than this if you have an eResidency, find them in the "e-Residency Marketplace" you can find on Google's 1st result.

I own an ecommerce business and they want to charge me 300€ for having 300 sales in December in my ecommerce store, this month in January I had +1500 sales so they would charge me 700€. This is crazy to live in 2022 and having to stress about this with all the automation software that exists. Compared to other great services like Enty.io or Erhub.ee, I would rate companio 0/10 if Trustpilot would let me.

If you own an ecom business make sure to do your research before choosing and accounting company.

You hire accountants to save your time worrying about the accounting in your business so you're able to invest the maximum time possible to scale your business to the next level, not the contrary.

I hope this is useful to anyone reading this.

Happy scaling fellow ecom store owners. 🤝

25 January 2022
Unprompted review
companio.co logo

Reply from companio.co

Thank you for taking the time to share such a detailed review about your e-commerce experience with us. You raise important points about pricing structure for high-volume e-commerce businesses and the impact on scaling operations.

Your concerns about response times and service quality are valid, especially for businesses handling large numbers of transactions.

Since your review, we've made significant changes to our customer service system, moving away from freelancers to a dedicated in-house team with direct chat support.

However, we understand that these improvements came too late for your business needs.

Your insights about the specific challenges faced by e-commerce businesses have been particularly valuable, and we appreciate you taking the time to provide such detailed feedback for other entrepreneurs to consider. We wish you continued success with your e-commerce venture!

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