Working anytime, anywhere #5: Estonia E-Residency

in #travel8 years ago

Estonia E-Residency

If you are constantly travelling like myself and work as a digital normad (meaning you don't stay long enough in one country to be considered a resident) you want to have everything done digitally. Estonia is a small country but has the most automated company incorporation etc. in the world. 

Estonia Information Center

History of Skype

ID CARD 

Information Material

Become an Estonia E-Resident

Anybody can become an Estonia E-Resident. You will receive an E-resident Card and you are than able to open a company within minutes or open a Bank Account. To get verified you have to either go to a consulate of Estonia somewhere in the world) or travel to Estonia to get your fingerprints scanned. Once that's done you can do everything online. The Estonian Government has automated everything. Incorporate your company, get your bank account online and link your bank account to an online accounting software. Anything you spend with your company bank account will be automatically send to your book keeping and than you can online file your tax. I was quite impressed when I visited Estonia a while ago, it is really interesting that they even offer API to Government services. 

Did you know about the E-residency ???

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I didn't know any of that, really interesting.

best thing. they dont have taxes. only if you take out a profit out of the company you have to pay 20% on that

thank you!

thank you. it was a while ago. I am already far faraway ;)

yep. you could get a eresidency there too ;)

That would be really cool :D

Good to know in case I ever need to go on the run!

haha ;) hope that does not happen

Me too. But its nice to have an ace up your sleeve!

It is really interesting news

I already knew for a long time that Estonia is advanced in the development of IT technologies, you can even vote on the Internet!

yes . as a e-resident you can almost everything do online. its really great

I heard about this e-Resident thing couple of years ago and one more time recently last month at a talk on blockchain. Quite amaze with the progress of the country in terms in usage of technology.

I`m from Estonia! Eesti ruulib sajaga! :)

Good for you. I use to have a colleague in Singapore who is from Estonia.

yes there was a conference about blockchain 14days ago. they are all blockchain . the first blockchain bank will be from estonia too

Sehr interessant :-) Muss ich mal weiter verfolgen ;-)

wenn du eine eu firma brauchst ist estland perfekt. ist wie ein gmbh. hast nur 100euro kosten im monat. (alles incl. bueroadresse , buchhaltung und steuererklaerung und konto)
keine komische ug ettc.

the cost of a gmbh is why i never did more business here in germany. it's sad that the government thinks it's a good idea to put roadblocks in the way of people who want to start companies.

true . in germany they will make it almost impossible to run a company . the taxes are insane and everything is over regulated. same goes for banks. that's the reason i believe in crypto , blockchain and crypto currencies will set our world free again

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