running a business in record-breaking estonia
Estonia has been setting records in the digital age since 2004. Back then, Estonia was the first country to allow online voting in elections. On 13th June 2022 e-resident Dominik broke a speed record for company incorporation.
Becoming an e-resident also allows you to set-up a business remotely and you can do it fast. A new record was set on Monday at London Tech Week by an Austrian entrepreneur, who set up his company in 15 mins 33 seconds on Estonia’s e-residency platform.
Setting up shop in the EU - only takes 15 minutes
'Thanks to Estonia, expanding a business to the EU online is quicker, safer and easier than ever before, proving that when it comes to business resilience, nothing beats digital infrastructure' Ambassador of Estonia to the UK Viljar Lubi on the e-Residency programme in The Times
Estonia’s tax system most competitive in the world
For the eighth year in a row, Estonia is first in International Tax Competitiveness. Estonia’s top score is driven by a 20% percent tax rate on corporate income that is only applied to distributed profits and also by a property tax that only applies to the value of land, rather than to the value of real property or capital.
Meet fearless e-resident Dominik Panosch
Dominik Panosch is an Estonian e-resident & Austrian entrepreneur who set up his new Estonian business in 15 minutes and 33 seconds at London Tech Week 2022.
“The EU is the world’s largest single market and offers countless opportunities for business. Thanks to e-Residency, it's easier and safer than ever before to start an EU company and access these opportunities. In an uncertain world, e-Residency is a no-brainer for entrepreneurs like me.”
e-Residency in numbers
90,000
e-Residents from 170+ countries all around the world
20,000
e-Resident companies operating in diverse sectors
no. 1
In international tax competitiveness, where 99% of state services are online
Watch how easy it is to register a company in Estonia
Grow your business remotely from anywhere in the world
1
Become an e-resident
Apply online, pay state fee, and choose a pickup location for your digital ID. State fee: €100-120.
Apply here2
Choose service provider
Obtain an Estonian contact person and legal address from our Marketplace. Cost: €30-150 monthly average (some include bookkeeping and other features)
Marketplace members3
Register company in Estonia
Register company structure online at e-Business Registry. Pay state fee for company registration. State fee: €265.
e-Business Registry