Saturday, April 27, 2024

Estonia’s e-Residency is a major hit with startup entrepreneurs

Estonia is the first country to offer e-Residency, a government-issued digital ID, available to anyone in the world.  Estonia ranks 1st for tax competitiveness and 12th for ease of doing business.

E-Residency is a government-issued digital identity that gives you the freedom to run a global, EU-company online from anywhere in the world.

  • Start an Estonian company 100% online from anywhere in the world
  • Start and manage EU company 100% online. Be the full owner of your company. No local director needed
  • Access EU Single Market and legal framework
  • Work from anywhere and manage remotely
  • Minimize startup costs
  • Digitally Sign, authenticate, encrypt documents online
  • Pay taxes online

The E-Residency card issued from Estonia is not a visa or residence permit and does not give you rights to live, work or visit Estonia. It’s just a digital card for doing business online.

Here are the statistics of the popularity of the e-Residency programme in Estonia

  • 27,068 Applications
  • 143 Countries
  • 4272 Companies registered by e-Residents

E-Residency empowers you with all of the tools you need to establish and manage a location-independent business from anywhere in the world.

Estonia e-Residency Card

E-Residency offers an open and transparent EU business environment for global entrepreneurs. All e-residents receive background checks from the Estonian Police and Border Guard Board before they are handed their secure government-issued digital identity. Key data about their companies established in Estonia is then publically available in official records, such as taxation and the identity of owners.

e-Residency Fees

  • € 100 e-Residency fee processing the application
  • € 200 state fee for company registration and management.
  • € 200 bank account opening fee

Read more: https://e-resident.gov.ee

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment Journal. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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