4 ms·
A digital solution to Brexit
- kazinator 10y agoDigital identities for online businesses aren't a solution for immigration barriers, though. This won't "help you do business in the EU while living in the UK" if your undesirable self hasn't been let into the UK.
- TheOtherHobbes 10y ago"E-Residency does not confer any citizenship, domicile or right of entry to Estonia or to the European Union. E-Residency does not automatically establish tax residency. To learn about taxation and to avoid double taxation please consult a tax professional.... E-Residency does not confer automatic market access to the European Union. Additional approvals, contract modifications and corporate re-organisation may be required. Independent professional advice is recommended." So what's the advantage?
- kaspa130 10y agoweb site states the advantages - incl continuity of operations – stabizes situation; passporting fintech services – not to worry about regulation changes; receiving funds, payments in euros – managing currency fluctations; digital single EU market – digital signing reduces admin costs; etc
- SeanDav 10y agoIn the small print: > "E-Residency does not confer automatic market access to the European Union." Kind of defeats the purpose of using the system I would think.