how to run a company 100% online as a digital nomad?

E-⁠Residency enables digital nomads and other location-independent entrepreneurs to manage EU-based companies 100% online.

That includes managing your company affairs, finances, staff and HR, marketing, sales, bank account, and even your tax returns online. 

That way you get to keep travelling and working as a digital nomad, while effectively and efficiently managing and growing a thriving business. 

If you’ve registered a company, you’ll want to make sure that you can manage it remotely.

Whatever your corporate commitments, it’s important to find ways to manage your company remotely. 

2. Manage your finances remotely

Another critical aspect of running any business involves keeping tight control of finances (incomes and expenses) and reconciling these regularly. 

Consider also whether you need software that tracks inventories, generates invoices or tracks procurements - depending on the nature of your business. 

3. Manage your staff remotely

There’s been a sharp rise in the number of people working remotely since the start of the 2020 global pandemic. 

As a digital nomad, you’ll need to find ways to hire, onboard, and manage your remote staff. 

There are a range of tools you can use to recruit, hire and manage remote staff around the world such as UpWork, Fiverr, or TopTal.

4. Manage your marketing and sales remotely

There are many digital marketing and online sales tools and apps for digital nomads to run their businesses remotely from anywhere. 

5. Manage your business bank account online

6. Submit online tax returns

7. Grow your business through networking

If you want to grow your business, you may want to partner with other people or organisations and networking can help facilitate these partnerships. 

Networking can also help spark new ideas and innovations, and can help connect you with possible leads and customers. 

Running a company 100% online as a digital nomad requires careful planning and consideration, as not all countries offer digital services to enable this. 

Finding the right solution for your needs may take a bit of research, and will depend on your exact requirements, budget and circumstances.