Setup Business in Estonia using e-Residency.?

KHR · Jul 18, 2018

Hello,

Anyone here setup his business in Estonia using e-Residency.?

Whet about your experience.? What are the benefits you think.?

I am planning to Setup Business there and get Payment Gateway but mostly I will sell products in USA.

What is your advance for me.?

Thanks

booksbaba · Jul 18, 2018

I had registered but you can check PayPal Estonia is really not that cool, other payment methods I don't know

Tomper · Jul 18, 2018

Right now its very hard to open Bank account in Estonia for e-residency

KHR · Jul 19, 2018

booksbaba said:
I had registered but you can check PayPal Estonia is really not that cool, other payment methods I don't know

Actually I am not looking for PayPal. Can you please tell me the Process and Costing for e-Residency Business Setup.?

How much Tax (%) to Pay.?

comforrts · Jul 19, 2018

Tomper said:
Right now its very hard to open Bank account in Estonia for e-residency

you try?

Sephrata · Jul 19, 2018

K.H.R said:
What are the benefits you think.?

Where are you a resident now?

There is a common misconception that this Estonian e-residency scheme allows you to run a company from wherever in the world and the residency of the company remains in Estonia.

If you're a German tax resident and you setup a business in Estonia using the e-residency scheme, then running the business from Germany means it becomes a German resident company for taxation purposes. You then have to go through all the hurdles of registering the business in Germany and the administrative nightmare that comes with this.

Tomper · Jul 19, 2018

comforrts said:
you try?

I’m Estonian. Here is lots of discussions about it on the news.

KHR · Jul 19, 2018

Sephrata said:
Where are you a resident now?

There is a common misconception that this Estonian e-residency scheme allows you to run a company from wherever in the world and the residency of the company remains in Estonia.

If you're a German tax resident and you setup a business in Estonia using the e-residency scheme, then running the business from Germany means it becomes a German resident company for taxation purposes. You then have to go through all the hurdles of registering the business in Germany and the administrative nightmare that comes with this.

I am not from UK or EU.

Sephrata · Jul 19, 2018

K.H.R said:
I am not from UK or EU.

There are few countries in the world that have no CFC rules or do not apply corporate residency rules.

comforrts · Jul 19, 2018

Tomper said:
I’m Estonian. Here is lots of discussions about it on the news.

from CIS country can make this?

Setup Business in Estonia using e-Residency.?

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