I applied for e-residency, does it really worth?

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Mohamed.Omar1 Active member

Member since 12 October 2016

Mohamed.Omar1Active member14 October 2016 13:08:49

Hello All,

Do you have any information or experience about the e-residency?

dotbloup Member

Member since 09 June 2016

dotbloupMember11 January 2017 04:53:29

@Mohamed,

It is only useful for creating a company in Estonia.

1. Which means 25% of tax when you distribute the profits to yourself
2. Being forced to travel to Estonia to open a bank account with risk of being rejected

I have chatted with a man from Australia who applied for E-residency, then he created his company online. Then he flew to Tallinn to open a bank account all the way from Australia.
Then, I think the bank was called SEB and they refused to open a bank account for him saying he didn't have an economic link with Estonia.

arblake Member

Member since 17 January 2017

arblakeMember17 January 2017 16:56:25

Oh yes it is. Easy to do business, banking, property, loyalty cards .....

best thing ever

Adrian

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