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With eresidency you can file the monthly vat reports in estonia online which basically means you don’t need to pay vat in eu after getting this residency. Vat i

With eresidency you can file the monthly vat reports in estonia online which basically means you don’t need to pay vat in eu after getting this residency. Vat is over 20% in most countries. I.e once you are eresident gas in gas station and electricity are 20% cheaper. For example you can export software development services to a USA customer which is vat free. That’s how you get money into your company account. Then you can spend that money on gas Or hotels.

luckylion 4y ago
> I.e once you are eresident gas in gas station and electricity are 20% cheaper. This isn't different from just being in the country you're in, companies usually don't pay vat on resources they use. And it only applies if you're using your car for business purposes only, otherwise it's 20% cheaper because you're committing tax fraud.