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The current requirement for e-residents to have an Estonian postal address is quite a speedbump for what they're trying to accomplish. The article mentions seve

The current requirement for e-residents to have an Estonian postal address is quite a speedbump for what they're trying to accomplish. The article mentions several companies filling in the gap by offering virtual addresses. Does anyone have any suggestions on a good Estonian company that provides this service?

edko 10y ago
Yes. I use LeapIn. Take into account that an address alone is not enough. If you operate, you will also need accounting/tax-filing services. LeapIn provides all of that in a very professional way, and with reasonable prices.
- zutnop 10y ago
  Thank you edko for good words! We're happy to help you :)
  - zura 10y ago
    Is it possible to create a merchant account on Google Play store through your service + Estonia e-residency? (from the unsupported country).
    - zutnop 10y ago
      Yes. More info for app developers here: https://www.leapin.eu/plan/appdeveloper https://www.leapin.eu/plan/appdeveloper
      - zura 10y ago
        Interesting, but "pay after your sales exceed $100/month" or something similar or percent based payment would be even more interesting.
  - neodypsis 10y ago
    Does Braintree allows e-Resident companies to accept payments?
    - zutnop 10y ago
      Yes.
ghock 10y ago
While the postal address is annoying, I think (currently) having to go there to open a bank account is a bigger deal, since it will be hard to open one anywhere else. Even if you can get a bank account, many payment providers want you to have your business, bank account and residency in the same country (something e-residency won't do). So while I think the are moving in the right direction, it's still reminds me of government startup programs disconnected from reality. My suggestions would be that they, other than sorting out banking/payment processing: a) Allow companies to register as LLC or Limited, for increased customer confidence. b) Give foreigners a income tax holiday, so they can become resident without worrying about paying taxes on worldwide income. c) Generally make it easier to go there. Last time I tried to figure out how much it would cost to go there for a month and work I couldn't really find any (at least cheap, upfront) prices for serviced apartments and coworking spaces. They need to do more "outreach" (tourist board for entrepreneurs please) than just "look how good we are".
- zutnop 10y ago
  In short: 1) law change for allowing bank account opening without physically coming to Estonia is in the government and should be in force by Autumn 2) our customers are successfully using different payment providers 3) LLC is the "de facto" incorporation type for our customers 4) Becoming an e-resident won't make you an Estonian tax resident, so you don't have to worry about your worldwide income. But when you start an Estonian company then the company finances/taxes have to be done by Estonian laws/rules. 5) Going to Estonia is like going to other European countries. You need transportation and a place to stay and you get them via normal means online :). Visa requirements depend on your real residency. Being an e-resident doesn't change this. For more info: http://www.visitestonia.com/en/ http://www.visitestonia.com/en/ 6) For physical coworking space, just google "coworking tallinn" or something similar. Should be plenty of spaces available. If you wan't to see the other end of Estonia, then "coworking tartu" :). Erko, from LeapIN Our take on e-Residency: https://www.leapin.eu/articles/e-residency https://www.leapin.eu/articles/e-residency
  - ghock 10y ago
    1) Yes, still have to see what the results are in terms of KYC etc. though. 3) What I mean is that they should allow companies to identify themselves as a LLC/Limited instead of a OÜ so your customers see "Webshop LLC" instead of "Webshop OÜ". While it might not be feasible to enact in Estonia, some jurisdictions do this. 5/6) It's not that I can't go to Estonia, it's that I won't because it's not very high up on my list. If it was cheap, easy and/or I had some special reason (like a conference, which there also are plenty of) that might move it higher, but I'm not going to go out of my way just to find out when there are plenty of other places on that list. Might sound harsh, but that is how it is.
Tomte 10y ago
There is no requirement for e-residents to have an Estonian address. Quite a few tourists who have only been in the country for two weeks (me included) have an e-Residency card. Maybe you mean a requirement for incorporation or something?

edko 10y ago

Yes. I use LeapIn. Take into account that an address alone is not enough. If you operate, you will also need accounting/tax-filing services. LeapIn provides all of that in a very professional way, and with reasonable prices.

zutnop 10y ago
Thank you edko for good words! We're happy to help you :)
- zura 10y ago
  Is it possible to create a merchant account on Google Play store through your service + Estonia e-residency? (from the unsupported country).
  - zutnop 10y ago
    Yes. More info for app developers here: https://www.leapin.eu/plan/appdeveloper https://www.leapin.eu/plan/appdeveloper
    - zura 10y ago
      Interesting, but "pay after your sales exceed $100/month" or something similar or percent based payment would be even more interesting.
- neodypsis 10y ago
  Does Braintree allows e-Resident companies to accept payments?
  - zutnop 10y ago
    Yes.

ghock 10y ago

While the postal address is annoying, I think (currently) having to go there to open a bank account is a bigger deal, since it will be hard to open one anywhere else. Even if you can get a bank account, many payment providers want you to have your business, bank account and residency in the same country (something e-residency won't do). So while I think the are moving in the right direction, it's still reminds me of government startup programs disconnected from reality. My suggestions would be that they, other than sorting out banking/payment processing: a) Allow companies to register as LLC or Limited, for increased customer confidence. b) Give foreigners a income tax holiday, so they can become resident without worrying about paying taxes on worldwide income. c) Generally make it easier to go there. Last time I tried to figure out how much it would cost to go there for a month and work I couldn't really find any (at least cheap, upfront) prices for serviced apartments and coworking spaces. They need to do more "outreach" (tourist board for entrepreneurs please) than just "look how good we are".

zutnop 10y ago
In short: 1) law change for allowing bank account opening without physically coming to Estonia is in the government and should be in force by Autumn 2) our customers are successfully using different payment providers 3) LLC is the "de facto" incorporation type for our customers 4) Becoming an e-resident won't make you an Estonian tax resident, so you don't have to worry about your worldwide income. But when you start an Estonian company then the company finances/taxes have to be done by Estonian laws/rules. 5) Going to Estonia is like going to other European countries. You need transportation and a place to stay and you get them via normal means online :). Visa requirements depend on your real residency. Being an e-resident doesn't change this. For more info: http://www.visitestonia.com/en/ http://www.visitestonia.com/en/ 6) For physical coworking space, just google "coworking tallinn" or something similar. Should be plenty of spaces available. If you wan't to see the other end of Estonia, then "coworking tartu" :). Erko, from LeapIN Our take on e-Residency: https://www.leapin.eu/articles/e-residency https://www.leapin.eu/articles/e-residency
- ghock 10y ago
  1) Yes, still have to see what the results are in terms of KYC etc. though. 3) What I mean is that they should allow companies to identify themselves as a LLC/Limited instead of a OÜ so your customers see "Webshop LLC" instead of "Webshop OÜ". While it might not be feasible to enact in Estonia, some jurisdictions do this. 5/6) It's not that I can't go to Estonia, it's that I won't because it's not very high up on my list. If it was cheap, easy and/or I had some special reason (like a conference, which there also are plenty of) that might move it higher, but I'm not going to go out of my way just to find out when there are plenty of other places on that list. Might sound harsh, but that is how it is.

Tomte 10y ago

There is no requirement for e-residents to have an Estonian address. Quite a few tourists who have only been in the country for two weeks (me included) have an e-Residency card. Maybe you mean a requirement for incorporation or something?