Estonia is a developed country with an advanced, high-income economy that has been among the fastest-growing in the EU, with highest number of Start-ups and Unicorn companies in the country per capita. Estonia was the first state to provide e-residency, which enables digital entrepreneurs to start and manage an EU-based company completely online.

Main advantages:

• Recognized as the best tax code in the OECD for 8 years - excellent tax planning opportunities as retained earnings can be lent out, and invested in real estate, precious metals, foreign exchange, stock market, investment funds, and virtual currencies. Effective tax can be minimized to 0%-5%.
• Low Costs & Low bureaucracy, startup-friendly regulations.
• Ability to form and manage the company completely online.
• Register a business for as little as 15 EUR.
• Possible to raise funds from your customers (equity offering) without the need for a license.
• No special reporting requirements & annual audits are required only under certain conditions. No need to submit annual reports under certain conditions.
• Virtual notary available – ability to buy real estate online.
• The sale of shares is allowed without visiting a notary under certain conditions. Shelf companies are available and widely used.
• High-quality online banking services. Possible to set up a company with banking remotely.
• High-skilled labour.