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E-Residency in Estonia
Updated on Thursday 17th September 2020 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
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.
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
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.
You can contact us for more information on how to open a company in Estonia.
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