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E-Residency in Estonia
Updated on Tuesday 23rd February 2021 Rate this article
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The E-residency program is a convenient manner of acquiring residency and performing all of the business-related activities. It is addressed to foreign investors in Estonia and it is the first of its type. Company registration in Estonia is a straightforward process, simplified by the existence of the e-residency programme.
The advantages of becoming an e-resident in Estonia in 2021
Estonia is proposing a unique concept to all foreign investors and location-independent business owners: its e-residency programme offers the advantages of becoming an Estonian resident and maintaining the convenience of not having to be present in the country for corporate management purposes.
In 2021, E-residents in Estonia can operate their Estonian company even if they are not present in the country and they do not need to deal with company relocation issues. Moreover, there is no need for the company to have a local director, full foreign company ownership is permitted.
E-residents can:
- open a company in Estonia regardless of where they are in the world;
- access online banking and online payment options, according to their preferences;
- sign contracts, authenticate documents regardless of the location in which they are at the time;
- conveniently manage the tax requirements for their company in Estonia.
Investors who do want to set up their business in the country can request the special virtual office services provided by our company registration agents in Estonia. We can provide the package that offers office space and local secretary services.
E-resident application and company registration in Estonia in 2021
The e-residency application is performed online and involves a few steps. The applicant must submit a number of documents, fill in and submit the online secure form and wait for his application to be processed. If the application is approved, the entrepreneur receives a digital ID card.
The documents needed for applying for e-residency in Estonia are the following:
- ID copy;
- passport photo;
- motivation statement;
- valid credit card (card exceptions apply).
The digital ID card runs with a special software that allows its user to perform the needed activities.
One of our Estonian company formation experts can give you more details about investing in the country, the available types of companies and the opportunities for foreign investors.
Why apply for Estonian e-residency in 2021?
At the level of 2021, Estonia has one of the most advanaced immigration procedures in the world which refers to e-residency. Apart from being able to obtain an electronic residence permit remotely, there are several other actions that can be completed.
Those who plan to apply for Estonian e-residence in 2021 will also be able to start and manage their own businesses remotely, which is one of the greatest advantages of this type of visa.
If you are looking for a change in 2021, Estonian e-residency can be the simplest, yet most important step you can take.
You can contact us for more information on how to open a company in Estonia.
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