Virtual companies are created in secondary schools with vocational training. They can be realized as a part of scheme or as additional classes. They are created so that students can use in a practical way their theoretical knowledge gained during economic classes.

Students group together to form a company, they look for an idea and complete all the necessary documents that are needed to set up a company, they make offers, they run accountancy, sell and buy goods. Virtual company does not use real cash flow, and that is what differs virtual companies from the real ones.