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E-residency of Estonia

BY Esther Rodríguez

E-residency of Estonia


What is the e-residency of Estonia?

The e-residency allows anyone to become a digital resident of Estonia. This allows you to start a company in Estonia and to carry out various procedures such as signing documents, paying taxes or managing the company remotely from your country.

It does not give access to the physical nationality (it does not give the right to stay in Estonia or the EU), nor citizenship and associated social rights. Nor is it a way to evade taxes in your country of residence.


Who can benefit from applying for the e-residence?

It can be interesting for entrepreneurs who want to set up an international company and to work remotely, especially in the technology sector.

“A very interesting option for entrepreneurs who plan to set up a start-up”

Advantages of the e-residence




How is the e-residence applied for?

To get it, you must complete a series of steps.

  • First, an online form must be completed (in English), in which your personal data is entered (a photo of your passport and both sides of your national identification card is necessary), to which a brief text is added explaining the reason of the application (motivation, contacts in Estonia, etc.). The fee for this is €120 (a VISA or MasterCard will be required).

  • After submitting this form, you must wait for the review of the application by the Estonian police (it usually takes about a month), which checks the person's background and notifies you via e-mail in case you are granted the digital residency.

  • Finally, the digital identity kit must be picked up at the location that you previously selected in the application form (for example at the Estonian embassy in Madrid).

It is valid for 5 years, and the renewal process is similar (you have to go back to the same place in person to prove your identity and pick up the new card.

In conclusion, the digital residency is an interesting option for entrepreneurs who plan to set up a start-up since, being European, it can be achieved easily and allows you to benefit from the tax policy for companies in Estonia.

Galleta

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