Estonia is globally recognised as one of the most tech-savy countries. The government and the citizens are keen on supporting administration procedures that are faster and cheaper. Thus to no suprise Estonia was one of the first countries to offer a type of digital citizenship for commercial purposes in 2014. Here is a quick summary about e-Residency in Estonia, including procedures and the necessary documents.
What is e-residency and who can benefit from it?
It is a document that allows you to register your commercial activity in Estonia ( and that way also in European Union). It is a purely digital procedure that enables to enjoy many commercial activities as if you were an Estonian citizen, which includes also doing payments with an EU bank.
As you can image, this type of service is highly beneficial to those who work remotely online, are living outside the EU and want to either improve or expand their business, simultaneously making it more accessible. For example :
- business owners,
- entrepreneurs,
- freelancers,
- consultants,
- digital nomads.
It is also important to note that any individual around the world can apply. However, that does not guarantee that you the e-residency will be granted. Consequently, it is wise to sign up for a free introductory webinar before starting the application process.
What are the advantages of e-Residency?
E-residency of Estonia allows you to register your company digitally online in Estonia, sign and exchange securely documents and benefit from an EU bank. If your application is accepted, you are given a digital ID smart card by the Estonian Police and Border Guard Board. You can use it for online commerce activities. Thus, this is not a replacement for residency permit in Estonia, but it rather allows to participate in Estonian and European market.
How to apply for the E-Residency of Estonia?
Before starting online application procedure, prepare the following documents :
The interview takes place in Talinn or at an Estonian Embassy. The efficiency and rapidity is the base of this service, allowing anyone a faire chance to participate in EU market.
For more information, please consult the official website : https://learn.e-resident.gov.ee/hc/en-us/sections/360000171978-General-Questions
Digital public services are the future for any administration, allowing to save costs and effort for both parties. And rightfully so did Estonia jump to this opportunity right from the start.
