Want to establish business in EU? Don’t know how to go ahead? You are at right place. Now you can establish an Estonian company overnight from any corner of world.
Setting up a business in EU is going to be easy for entrepreneurs around the world! Not trusting? But it’s true! The Republic of Estonia has come up with an E-Residency programme to help all those entrepreneurs who want to establish business in EU. This programme will give a transnational digital identity to anyone in the world who wants administering a location independent business online. The main aim of this program is to make Estonia a preferred choice for startups, freelancers, entrepreneurs and small businesses.
The Program Launched For Indian Entrepreneurs
The AntiAlias, a digital marketing agency has been launched the Republic of Estonia’s e-residency program in India. Through this program any Indian can establish an Estonian company online just in a single day and afterward can administer it remotely. This program will make easy for Indian entrepreneurs to reach the European market easily with local authority approval. The Estonian Government’s press statement mentions, “In India, it has been proved time and again that, good ideas spread the fastest by word of mouth. Eresidency would be especially beneficial for companies which already have a base in Europe, but could save them time and money thanks to Estonia’s business friendly bureaucracy and tax environment,” the Estonia Government said in a statement. On the other hand, Shivam Sood, Co Founder, The Antialias agency added, “I think this is a great opportunity for all entrepreneurs and companies of all sizes to have a global presence for their business. The opportunity to start a business in the EU has immense benefits for anyone with a global mindset.”
Any Indian business or freelancer can visit or resister here for more information.
Understanding e-Residency Program Better
The Republic of Estonia becomes the world’s first country to provide a digital identity or e-Residency to every individual or business of the world by issuing a digital identity. This program is started to enable secure and convenient digital services to run a trusted and credible business online.
What e- Residents Get?
- E-Residents will get digitally signed documents & contracts
- Administer can run the company from anywhere in the world
- Make remote money transfer possible
- Provide secure encrypt and transmit documents
- Issue verified and authenticates signed documents
- Connect with online payment service providers
- Issue digital identification
- Can Manage accounting records online
- Declaration of Estonian taxes online
Indian businesses or freelancers will get the access to all of these things to enjoy benefits in the form of fast growth.
Estonia is providing the perfect environment for budding businesses to flourish fast. According to the statement of Estonia’s Government, in Estonia, growth is incentivized with 0% corporate tax and low startup and maintenance costs which help to attract investment. A company established in Estonia can maximize the benefits of the EU Single Market’s harmonized rules.
In addition, Estonia is one among the countries in terms of digitization and penetration of its e-government strategies in the society and it will definitely benefit business across the world.