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Did you/people internal to your company set that up or did you use some agency that specialises in incorporating businesses in Estonia?
by austhrow743 7y ago
Did you/people internal to your company set that up or did you use some agency that specialises in incorporating businesses in Estonia?
- Avamander 7y agoI'd say Estonia is one of the few places such companies are not required for setting up, having an accountant to consult before and after is sensible however.
- atlasunshrugged 7y agoHighly recommend speaking with an accountant. E-Residency has some service providers they vetted here https://e-resident.gov.ee/marketplace/service-providers/ https://e-resident.gov.ee/marketplace/service-providers/
- krn 7y agoXolo Leap[1], formerly LeapIn, is probably the most popular way of starting a company in Estonia as a foreigner. As an EU citizen, I see Estonian e-residency oriented more towards the people who are from outside the EU and want to establish their presence in the EU market. For instance, it's one of the easiest ways to get access to Stripe for people from Russia, Ukraine, Belarus, Serbia, Israel, Turkey, and many countries from other continents. But it's not such a good option if you operate from other EU country, such as Germany, because your Estonian company will likely be taxed as a local company there. In any case, I would personally choose Ireland over Estonia because of the absence of language barrier and almost 40% lower corporate tax, or even the UK, where incorporation is not that much harder or more expensive than in Estonia[2], but regulations are much clearer and laws are much more stable. [1] https://www.xolo.io/leap https://www.xolo.io/leap [2] https://www.crunch.co.uk https://www.crunch.co.uk