E-Residency Program in Estonia

Jun 27, 2020 | Business, Estonia

Estonia is a first country that offers a transnational digital identity to foreigners.  This is a simple way of having an access to Estonia’s governmental services without any need to visit Estonia.

E-Residence is neither an identification card or citizenship, nor a visa. It allows you to be virtually identified in Internet not only when logging into your bank account, but also to sign documents or use governmental tools for your company. This is a mighty implement that allows you to speed up the process for your company and the best thing is that you do not need to be in the office to use it. You can do it on a go or anywhere in the world needing not more than an internet access.

This tool allows entrepreneurs to open a company in Estonia with the benefits of European Union legal framework as well as to have an access to governmental implements, like company formation and tax declaration.

Benefits of having e-Residence in Estonia:

  • Company administration from anywhere in the world
  • Submitting Estonian tax declarations online
  • Signing up and verifying documents with e-residence card
  • Encrypting and submitting documents securely
  • Low administrative burden
  • Establishing Estonian company online
  • Bank services can be managed remotely

All of E-Residents of Estonia receive an ID-card that allows:

  • Digital signature for documents
  • Encrypt documents
  • Digitally verification of documents’ authenticity
  • Authentication to secure services
  • Digital identification

Estonia is one of the most digitised countries in the world. Almost all governmental services are available through the Internet starting with bank account opening application and ending up with social offices. All of them allow you managing your company on the go and save time from waiting in line to get document and speed up process of running your business. Furthermore, Estonia is a part of the European Union and Schengen zone.

Opening a company does not take more than five days and requires only several stages that BBCTallinn OÜ can assist you with. In case you have any questions or enquiries, our specialist will be happy to give you a free preliminary consulting.

Become e-resident in Estonia

Other posts you might like

Accounting for E-Commerce Businesses

Accounting for E-Commerce Businesses

In today's digital age, e-commerce has revolutionised the way businesses operate. It offers immense opportunities for growth and expansion, but it also presents unique challenges for accountants. In this blog post, we address these challenges and offer practical...

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