Unlocking Business Opportunities: Applying for Estonian E-Residency

Oct 19, 2023 | Business, Estonia, Guide

Estonia has embraced the future by turning its very identity into data, leading to the inception of a groundbreaking initiative – E-Residency. It is not merely a concept but a testament to the nation’s unwavering commitment to redefining the boundaries of possibility. It offers a vision of a future where place and space matter less, and access to the world of business, entrepreneurship, and governance becomes a matter of a few clicks.

Estonian E-Residency has emerged as a natural progression of this digital evolution. It was officially launched in December 2014, and since then, the program has attracted thousands of individuals and businesses from around the world. It is essentially a government-issued digital identity that offers the benefits of entrepreneurship, banking, and secure document management in Estonia, irrespective of one’s physical location.

The E-Residency program beckons entrepreneurs, small business owners, and forward-thinkers to embrace the future of business management. With the rise of remote work and globalized markets, this digital identity empowers individuals and businesses to break free from the confines of physical borders and participate in the global marketplace.

Estonian E-Residency is more than just a digital ID; it is a key that unlocks a world of possibilities. Through this digital gateway, Estonia welcomes the world, offering a vision of a future where innovation knows no bounds and entrepreneurship has no geographical limits. In the pages that follow, we will explore in detail the remarkable benefits, processes, and experiences that this pioneering digital initiative, Estonian E-Residency, offers to those who dare to dream beyond borders.

How to Apply for E-Residency in Estonia?

Step 1: Preparing the Essentials

Before you begin, ensure you have the following documents and information ready:

  • A scanned copy of your valid passport or government ID.
  • A digital passport photo.
  • Your reasons for applying and a brief overview of your business plans.
  • Your resume.
  • A valid credit card for the state fee payment.

Step 2: Online Application

  1. Visit Police and Border control website to apply: https://eresident.politsei.ee.
  2. Click on “Create account” to start the application.
  3. Follow the prompts to provide your personal details and the purpose of your e-residency. You’ll be asked to upload a copy of your passport, a digital photo, and submit your resume and additional questions to provide a better understanding of you.
  4. Pay the state fee of 100-130€ using a valid credit card.
  5. Submit your application.

Step 3: Application Processing

After submitting your application, it will undergo a thorough review process. This includes a background and identity check, which can take anywhere from 8 to 30 days. During this period, Estonian officials will assess your eligibility.

Step 4: Notification

Once your application is approved, you will receive an email notification. It will include information about the nearest Estonian embassy or consulate where you can pick up your e-resident card.

Step 5: Card Pickup and Digital Identity Activation

Visit the designated Estonian embassy or consulate to collect your e-resident card. You will need to present your passport for identification.

Your e-resident card contains a microchip that will activate your digital identity. You will receive a PIN code and instructions to set it up.

Step 6: Enjoy the Benefits

With your Estonian e-residency card activated, you can access a wide range of services, including:

  • Registering and managing an Estonian company online.
  • Digitally signing documents.
  • Accessing secure and efficient e-banking services.
  • Filing taxes and managing business finances.
  • Benefiting from a supportive business environment within the EU.

Maintaining Your E-Residency

Remember to renew your e-residency card when it expires. The renewal process is typically straightforward. Continue to enjoy the benefits of this forward-thinking initiative, run your business remotely, and tap into global opportunities.

Estonian E-Residency is a transformative concept, enabling individuals from across the world to explore and harness international business opportunities with ease. By understanding and following this comprehensive guide to the application process, you can join the ranks of e-residents who have embraced this exciting digital frontier. So, don’t let geographical borders limit your entrepreneurial ambitions; let your Estonian E-Residency open the door to a world of opportunities.

At BBCTallinn, we’re here to make your journey into Estonian business as smooth as possible. Whether it’s company formation, legal guidance, or accounting services, we’ve got your back. Don’t hesitate to get in touch to learn more about our services and start your business adventure in Estonia. We’re excited to assist you every step of the way!

Other posts you might like

Navigating AML Compliance for Estonian Businesses

Navigating AML Compliance for Estonian Businesses

In the evolving landscape of global finance, the imperative for Anti-Money Laundering (AML) compliance has never been more pronounced, particularly for businesses operating within Estonia's dynamic economy. As financial crimes grow increasingly sophisticated, Estonian...

Review of Annual Report by Auditors

Review of Annual Report by Auditors

The audit of an Estonian company is a critical process that ensures the accuracy of financial statements and compliance with applicable laws and regulations. This process involves a thorough examination of financial records, operations, and statements. For businesses...

Join BBCTallinn and let’s take your business to new heights

2 + 14 =

Contact