Hello everyone! Brigitta from the e-Residency team here. We are developing a new platform that will benefit e-residents in their business journey and help make e-Residency processes even easier and smoother. And we'd love to hear your feedback!

To participate, we invite e-residents or people interested in e-Residency to join a session with our usability researchers. During the (video)call, we will ask you to share your screen, click through a prototype, and share your thoughts.

If you're interested in helping us help our community, here are a few time slots on Calendly that you can book directly: Select a Date & Time - Calendly

Thank you for your help!

Hey Reddit,

Are there anticipated business expenses in Estonia when founding an OÜ (limited liability company), where I can deduct all costs before the establishment for tax purposes? Basically, can I deduct all expenses incurred before the official registration of the company?

As an example let’s say i paid 50 Euro for Logo Creation, 5000 Euro for a Developer and some other Stuff with an Invoice. Can i deduct these expenses with an Estonian OÜ (before registration)

So, I have a non-EU citizenship and a remote job/contract that pays well. I was thinking about moving to another country, probably within the EU. But strict immigration laws make me think about possible ways to overcome them. What I'm thinking of:

- Establish a company in Estonia

- Move my contract from a private entrepreneur entity in my country to that company

- Get an agreement with remote.com (or another similar service, like papaya global) about them making me wora ker visa in a country I'm interested in

- Pay a minimal wage needed to keep the visa through remote.com to me as an employee

- Keep the rest of the money in Estonia

I'm yet to calculate how much I'm going to spend on this scheme, but looks it doable overall.

Maybe, somebody tried to implement something like this or maybe can evaluate how realistic this is. Also, I want to understand tax implications in this situation.

Hi there,

Myself and my business partner and I are shortly setting up in Estonia due to the access to the EU market, favourable corporation tax rules and lack of Capital gains. Are there any UK nationals on here who can advise on how this income is treated when coming into the UK?

My understanding is that you pay 25% corporate tax in Estonia, but is this taxed again in the UK? I have read that there is a double tax treaty between the two countries, but I'm unsure of what this means for tax on income.

Perhaps someone with experience in the above can share their experience?

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Hello, I have a e-residency and a llc, could anyone tell me some banks crypto friendly? I don’t live in Estonia,but I'm in europe

Citadele bank, wise,paysera refuse me

Revolut i have personal account and I don't want do a disaster😅

Some advice?

Hello everyone! I intend to apply for an e-residency in Estonia and they sent me an email for deficiencies. The application process requires a lot of specific information about local contacts and institutional collaborations.

Is it compulsory to have a local contact or representative in Estonia to set up an online business? Do I have to collaborate officially with Estonian organizations or institutions? If so, what are the implications of these requirements?

I would really appreciate any views or advice on how to navigate these requirements. Thanks in advance!

I'm encountering some issues with registering my company in Estonia using my e-residency card as an Iranian citizen. All the service providers are stating that they don't work with Iranian citizens due to FATF-related concerns. Can anyone here assist me with this matter?

EU citizen residing in a non-EU country.

I've met three banks in Tallin in the past few days.

• LHV : no information in the branch. Just gave me a document that is exactly the same as what is written on their website and refused to give any additional details.
• SEB : requires strong connections to Estonia. Aka (big) contracts with Estonian customers or partners. Real estate might help a bit my case but not enough for that. Relocating won't help either as it is not enough. Allowed to apply anyway (with a 750 application fee) but almost no chance to get accepted according to the lady I met at the bank.
• Swedbank : requires more than half my turnover to be made in Estonia (aka from Estonia customers). Real estate won't help unless it generates more than half the turnover of the company (together with Estonia based customers). Relocating would, but they want one full year of residency before they consider you as a resident and accept you.
• coopbank: didn't try since they clearly state they don't accept non-EU residents.

Wise: not accepting Estonian companies at the moment. Revolut : not accepting companies with non-EU resident shareholders. N26: no business accounts for companies (only for freelancers).

Paysera: I tried to open a personal account with them to try their service. Passport was not enough and they started requiring some additional documents from me that make no sense (aka a work visa in my home country, despite me stating I'm a citizen of said country and a resident of another country).

update: PAYSERA eventually approved my personal account. haven't tried it yet but it seems to work so I'm more confident it will work for a company as well.

Payoneer : a good option for some activities, but you can't pay the share capital with them. Can work in addition to another bank.

Wamo: didn't try. Seems to be my last option left. Anybody has experience with them?

I don't mind paying a monthly fee for my bank account if it fits my needs. Let's say up to about 30 euros is fine (less is better, and can go a bit more for the right bank). I'd prefer to avoid paying the 'application fee' especially when it comes with a high chance of refusal (but OK to pay some onboarding fee to the bank that will accept me if necessary). Any suggestion?

I am looking for a formation agent to set up a limited partnership. That should involve:

• providing a draft template for the partnership agreement
• reviewing the final version of it
• submitting the registration of the UÜ to the company registry.
• providing a registered address in Estonia, including mail forwarding, etc.

All partners will be non-residents.

Most formation agents on the e-residency hub only specialize in the formation of OÜs, and I have a hard time finding those that would support an UÜ. I randomly reached out to 5 formation agents and on the e-residency marketplace, but either received no answer or a negative answer.

If anyone knows about an agent that works with UÜs, please let me know. Thanks!

hey folks. does anyone have any experience in crypto investing (part of profits, not main source of income) but specifically not through an exchange?

I own an OU for 7 years now and use Xolo as my accounting provider. They only accept crypto investments through a business account on an exchange or bank (e.g. I currently use Bitstamp, previously I used LHV).

However, I'm now at a point where I would like to move this crypto off the exchange and into a wallet I can control (and take ownership of those keys).

I'm seriously considering moving away from Xolo if they can't facilitate that. Has anyone worked out a way to do this?

And does it grant you citizenship and can you live there

Is there anyone in this chat that is day trading manually or algorithimically through an LLC via the E-Residency?

As said, I don’t want to avoid taxes in Germany, where I live or anywhere else at all. The goal is to manufacture a small-ish number of mid-complex electronic devices that would normally be manufactured in Shenzhen in the EU. I already need to do a lot of regulatory stuff. I really just want to avoid some of the expensive bureaucracy in germany and even think about doing the manufacturing in estonia. Is E-Residency a good choice for me?

I have a friend of mine who is a German national with Estonian e-residency, but is living the digital nomad lifestyle. He recently told me that he doesn't need to pay any taxes anywhere as long as he doesn't stay 180 days in any country. I told him this sounded like tax fraud - but tbh this e-residency thing is new to me and I have no idea how it works.

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Can anyone shed some light on this "trick"?

Greetings everyone,

I am presently situated in Italy, functioning as a freelance developer with a diversified, global client base. In spite of dearly cherishing the advantages of my taxing scheme, I am currently exploring alternatives due to an impending project clash in the next two years.

My intention is not to permanently reside in Italy for the upcoming years. Given my flexible professional framework, I am motivated to travel extensively, be it fuelled by passion or work-related needs. Additionally, the Italian market doesn’t quite cater to the needs of certain project ideas I strive to undertake.

Upon conducting brief web-based research, I stumbled upon the concept of eResidency which seemingly aligns with my needs. However, I am particularly unclear on the taxation aspect. While the idea of paying less tax is appealing, I don’t intend to engage in dicey escapades that could potentially endanger my financial stability.

Additionally, I am considering migration to countries like Holland or even Tenerife islands as alternatives. This brings me to the question - is eResidency a feasible method for taxation migration or merely a productive managerial tool? If the latter carries more weight, relocating to Estonia wouldn’t pose an organizational obstacle.

Moreover, I’m still outlining how travel dynamics come into play, and accounting for the fact that my initial team will function in a fully remote or ‘online’ context. For any potential physical expansions, I am unbothered by the geographical location.

Your insights and guidance will be highly appreciated!

Hey,
I'm thinking to set up a company in Estonia with the e-res scheme.
I'm a freelancer in an EU country, and the purpose of this company would be to park the excess money I get from my freelance activity and invest it. The goal is to withdraw as dividends whenever I actually need this money.
Has anyone tried to do this, or is currently doing something similar?

Does someone can get “certificate of residence and tax liability” online? I am having some trouble to creating the certificate via online portal.

I’m looking for a legit way to continue trading futures on crypto exchanges as a resident of a country where trading with leverage is being restricted.

Would getting an Estonian eResidency and starting a business there, be a way to legally resume trading?

Has anyone tried this?

Do exchanges accept Estonian eResidency as valid KYC for example?

Hey guys, I am planning to establish a company in Estonia. I am currently living in Germany and the process LLC are quite complex and costly. Currently I have no plans to move out from Germany so I will stay a resident. The business purpose is to import goods from China to Germany and to sell it on Amazon (FBA) through an Estonian company. In order to avoid the taxes in Germany, the „CEO“ needs to be in Estonia.

Does anyone have experience on how to get a CEO who is permanently based in Estonia?

I got an email about 2 weeks ago, informing me about the arrival of my e-residency card.

I emailed back to embassy.tokyo@mfa.ee inquiring about the appointment to pick-up my card process on Feb 21, 2024.

I haven't heard back yet, so what should I do next?

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Hey,
I am looking for fellow Estonian e-Residents based in Portugal (tax resident in Portugal). Last week I have received my e-Residency card ready to open my business in Estonia, however I still have some (mostly tax related) questions about the process. Anyone in the same situation willing to share thoughts?

Thanks!

hello i wanted to know if it would be legal for me to open a company in estonia since i have the e residency ? i dont care about paying taxes since i know i have to pay them when i get myself a salary as an employee but i want to know if that will cause me in troubles please

Hello! I'm a US citizen with a French residency permit. What would be the benefit of starting an Estonian company? Maybe just the ease of paperwork (French admin in a nightmare)? Anyone know the tax treaties/implications? It's also unclear if I can start one since I'm not on an autoentrepeneur visa and carte de sejour is still tied to my employer. Thanks for any info.