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How Long Does It Take to Register a Company in Estonia? A Comprehensive Guide

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Table of Contents

1. Introduction: The Estonian Business Landscape
2. The Company Registration Process in Estonia
3. Timeline for Company Registration
4. Factors Affecting Registration Time
5. The Role of E-Residency in Company Registration
6. Estonia vs. Other EU Countries: Registration Time Comparison
7. Tips to Expedite Your Company Registration
8. Common Challenges and How to Overcome Them
9. Future Trends in Estonian Company Registration
10. Conclusion: Navigating Estonian Business Registration
11. FAQs

1. Introduction: The Estonian Business Landscape

Imagine you’re standing at the threshold of a digital frontier, where the traditional barriers of business establishment crumble away, replaced by streamlined processes and innovative solutions. Welcome to Estonia, the Baltic tiger that has reinvented itself as a digital society and a haven for entrepreneurs worldwide.

Estonia’s journey from a post-Soviet state to a digital pioneer is nothing short of remarkable. In 1991, when Estonia regained its independence, less than half the population had a telephone line. Fast forward to today, and the country boasts one of the world’s most advanced digital infrastructures, with 99% of public services available online.

But what does this mean for you, the aspiring entrepreneur? It translates to a business environment where bureaucracy is minimized, and efficiency is maximized. The question on many lips is: “How long does it take to register a company in Estonia?” The short answer might surprise you – it can be as quick as a few hours. But as with any significant business decision, the devil is in the details.

In this comprehensive guide, we’ll navigate the intricacies of Estonian company registration, exploring not just the timeline but the entire ecosystem that makes Estonia a unique proposition for businesses. From the groundbreaking e-Residency program to the nuances of different company structures, we’ll equip you with the knowledge to make informed decisions and set realistic expectations.

So, whether you’re a tech startup looking to leverage Estonia’s digital infrastructure, a digital nomad seeking a European business base, or an established company exploring new horizons, buckle up. We’re about to embark on a journey through the efficient, yet sometimes complex, world of Estonian company registration.

2. The Company Registration Process in Estonia

To truly understand the timeline for registering a company in Estonia, it’s crucial to first grasp the process itself. Estonia’s registration system is a testament to the country’s commitment to digital efficiency, but it still involves several key steps.

Step 1: Choose Your Company Type

Before diving into registration, you need to decide on the type of company you want to establish. The most common types in Estonia are:

– Private Limited Company (OÜ – Osaühing)
– Public Limited Company (AS – Aktsiaselts)
– Self-employed Person (FIE – Füüsilisest isikust ettevõtja)

Each has its own advantages and requirements. For instance, an OÜ requires a minimum share capital of €2,500, while an AS requires €25,000. Your choice will impact not only the registration process but also your future business operations.

Step 2: Name Reservation

Once you’ve chosen your company type, you’ll need to reserve a unique name for your business. This can be done through the e-Business Register, where you can check name availability and reserve it for up to three months.

Step 3: Prepare the Documents

The next step involves preparing the necessary documentation. This typically includes:

– Articles of Association
– Information about the board members
– Information about shareholders
– Confirmation of the legal address in Estonia

Step 4: Submit the Application

With all documents prepared, you can submit your application through the e-Business Register. This is where Estonia’s digital infrastructure truly shines – the entire process can be completed online, without the need for physical paperwork.

Step 5: Pay the State Fee

A state fee is required for company registration. As of 2023, this fee is €145 for expedited processing (1 business day) or €190 for same-day processing.

Step 6: Registration Confirmation

Once your application is approved, you’ll receive confirmation of your company’s registration, including your company’s registration code.

While these steps might seem straightforward, each can vary in complexity depending on your specific situation. For instance, non-EU citizens might need to take additional steps, such as obtaining e-Residency or appointing a local contact person.

3. Timeline for Company Registration

Now, let’s address the burning question: How long does this process actually take?

The Standard Timeline

In an ideal scenario, with all documents prepared correctly and no complications, a company can be registered in Estonia in as little as 3-5 business days. This includes:

– Name reservation: 1 day
– Document preparation: 1-2 days
– Application processing: 1-2 days

However, it’s important to note that this is the best-case scenario. In reality, the timeline can vary significantly based on various factors.

Expedited Registration

For those in a hurry, Estonia offers expedited registration options:

– 1 business day processing for a fee of €145
– Same-day processing for a fee of €190

These options can dramatically reduce the waiting time, allowing you to start your business operations sooner.

The Reality Check

While the official processing times are impressively quick, the total time from deciding to register a company to actually having it operational can be longer. Here’s a more realistic timeline:

1. Research and decision-making: 1-2 weeks
2. Obtaining e-Residency (if required): 2-4 weeks
3. Document preparation and consultation: 1-2 weeks
4. Official registration process: 3-5 business days
5. Post-registration setup (bank account, etc.): 1-3 weeks

In total, you might be looking at a timeline of 1-3 months from initial idea to fully operational business. This timeline allows for a more thorough approach, ensuring that all aspects of your business setup are carefully considered.

4. Factors Affecting Registration Time

Several factors can influence how long it takes to register your company in Estonia. Understanding these can help you plan more effectively and avoid potential delays.

Nationality and Residency Status

Your nationality plays a significant role in the registration process:

– EU citizens: Generally face fewer hurdles and can complete the process more quickly.
– Non-EU citizens: May need to obtain e-Residency first, which can add 2-4 weeks to the process.

Complexity of Company Structure

The more complex your company structure, the longer the registration process might take. For instance:

– A simple OÜ with a single shareholder might be registered quickly.
– An AS with multiple shareholders and a complex board structure could take longer due to additional documentation requirements.

Completeness and Accuracy of Documents

Errors or omissions in your application can lead to delays. Common issues include:

– Incorrect information in the Articles of Association
– Missing details about shareholders or board members
– Inadequate proof of address

Ensuring all documents are complete and accurate from the start can significantly speed up the process.

Regulatory Compliance

Some business activities require additional licenses or permits, which can extend the timeline. For example:

– Financial services companies may need approval from the Estonian Financial Supervision Authority.
– Companies in the food industry might require additional health and safety certifications.

Peak Registration Periods

Like any system, the Estonian business registry can experience busier periods. Typically, there might be slight delays at the beginning and end of the fiscal year as more companies rush to register.

5. The Role of E-Residency in Company Registration

Estonia’s e-Residency program has revolutionized the way non-EU citizens can engage with the Estonian business environment. But how does it impact the company registration timeline?

What is E-Residency?

E-Residency is a digital identity issued by the Estonian government that allows non-Estonians to access a range of digital services, including business registration. It’s important to note that e-Residency is not physical residency or citizenship.

The E-Residency Application Process

1. Online application: 30-60 minutes
2. Background check: 2-4 weeks
3. Card production: 2-3 weeks
4. Card pickup: Varies based on location

While obtaining e-Residency adds time to the overall process, it significantly simplifies company registration for non-EU citizens.

Benefits of E-Residency for Company Registration

– Digital signatures: Allows you to sign documents electronically, speeding up the registration process.
– Remote management: Enables you to manage your company from anywhere in the world.
– Access to Estonian digital services: Simplifies interactions with government agencies and banks.

E-Residency vs. Traditional Methods

Here’s a comparative look at registration times with and without e-Residency:

While e-Residency requires an initial time investment, it can significantly streamline the registration process once obtained.

6. Estonia vs. Other EU Countries: Registration Time Comparison

To truly appreciate Estonia’s efficiency, it’s worth comparing its company registration timeline with other EU countries. This comparison not only highlights Estonia’s advantages but also provides context for entrepreneurs considering different European jurisdictions.

Comparative Analysis

Here’s a snapshot of company registration times across select EU countries:

Key Insights from the Comparison

1. Digital Advantage: Estonia’s fully digital process gives it a significant edge in terms of speed and convenience.

2. Bureaucratic Hurdles: Many EU countries still require physical presence and interactions with multiple agencies, slowing down the process.

3. Notary Requirements: Countries like Germany and the Netherlands require notary involvement, which can add time and cost to the registration process.

4. Regional Variations: In countries like Spain, registration times can vary significantly depending on the specific region or autonomous community.

5. Complexity of Business Types: While Estonia offers a straightforward process for most company types, other countries may have more complex procedures for certain business structures.

Dr. Marten Kaevats, a digital advisor to the Estonian government, notes: “Estonia’s digital infrastructure isn’t just about speed; it’s about creating a seamless, transparent, and accessible business environment. This efficiency in company registration is just the beginning of how digital solutions can transform governance and business operations.”

7. Tips to Expedite Your Company Registration

While Estonia’s registration process is already efficient, there are several strategies you can employ to ensure the smoothest and quickest registration possible.

1. Thorough Preparation

The old adage “measure twice, cut once” applies perfectly here. Spend time gathering all necessary information and documents before starting the process. This includes:

– Personal identification documents
– Proof of address
– Detailed business plan
– Information on all shareholders and board members

2. Utilize Professional Services

Consider engaging a local business consultant or lawyer familiar with Estonian business law. Their expertise can help you navigate potential pitfalls and ensure all documents are correctly prepared.

3. Take Advantage of Digital Tools

Estonia’s digital infrastructure offers various tools to simplify the process:

– Use the e-Business Register to check name availability and reserve your company name in advance.
– Familiarize yourself with the e-Residency digital ID card and its uses.
– Explore online resources provided by the Estonian government for entrepreneurs.

4. Opt for Expedited Processing

If time is of the essence, consider paying the additional fee for same-day or next-day processing. The extra cost might be worthwhile if it allows you to start operations sooner.

5. Ensure Clear Communication

If you’re working with partners or co-founders, ensure everyone is on the same page regarding company details, roles, and responsibilities. Clear internal communication can prevent delays caused by last-minute changes or disagreements.

6. Prepare for Post-Registration Steps

While not strictly part of the registration process, being prepared for immediate post-registration steps can help you hit the ground running:

– Have your business plan ready for bank account applications.
– Prepare documentation for any necessary licenses or permits.
– Set up your accounting and tax reporting systems in advance.

7. Stay Informed About Current Regulations

Estonian business laws and regulations can change. Stay updated by:

– Following official Estonian government communication channels.
– Subscribing to newsletters from business associations or chambers of commerce.
– Regularly checking the e-Residency blog for updates relevant to digital entrepreneurs.

8. Common Challenges and How to Overcome Them

Even with Estonia’s efficient system, entrepreneurs may face certain challenges during the registration process. Being aware of these potential hurdles and knowing how to address them can save valuable time and resources.

Challenge 1: Language Barrier

While many Estonian services are available in English, some documents or communications might be in Estonian.

Solution: Utilize official translation services or work with a local partner who can assist with translations. The e-Residency program also offers extensive English-language support.

Challenge 2: Understanding Legal Requirements

Estonian business law, while straightforward, may have nuances unfamiliar to foreign entrepreneurs.

Solution: Consider consulting with a local legal expert or business advisor. The Estonian Bar Association provides a list of lawyers specializing in business law.

Challenge 3: Proving a Local Address

Companies registered in Estonia need a local address, which can be challenging for non-residents.

Solution: Use a virtual office service or a local partner’s address. Ensure you have proper agreements in place if using a third-party address.

Challenge 4: Opening a Bank Account

While not strictly part of the registration process, opening a bank account can be a significant hurdle, especially for non-EU residents.

Solution:
– Prepare a comprehensive business plan and KYC (Know Your Customer) documentation.
– Consider fintech alternatives like Wise (formerly TransferWise) or Revolut Business, which offer business accounts with Estonian IBANs.
– Be prepared to explain your business model and connection to Estonia clearly.

Challenge 5: Navigating Tax Obligations

Understanding and complying with Estonian tax laws can be complex, especially for international businesses.

Solution: Engage a local accountant or tax advisor familiar with both Estonian and international tax laws. The Estonian Tax and Customs Board also offers comprehensive online resources and e-services.

Challenge 6: Keeping Up with Regulatory Changes

Business regulations can evolve, and staying compliant is crucial.

Solution:
– Subscribe to updates from the Estonian Chamber of Commerce and Industry.
– Regularly check the Estonian Business Register website for announcements.
– Consider joining local business networks or associations for ongoing support and information.

Challenge 7: Managing the Company Remotely

For non-resident entrepreneurs, managing an Estonian company from afar can present unique challenges.

Solution:
– Leverage Estonia’s e-services for remote management.
– Consider hiring a local representative or using a company management service.
– Familiarize yourself with digital tools for virtual meetings and document signing.

By anticipating these challenges and preparing accordingly, you can navigate the registration process more smoothly and set your Estonian company up for success from the start.

9. Future Trends in Estonian Company Registration

As a country at the forefront of digital innovation, Estonia continues to evolve its business registration process. Understanding potential future trends can help entrepreneurs prepare for what’s on the horizon.

Blockchain Integration

Estonia has been experimenting with blockchain technology in various government services. Future company registrations might leverage blockchain for enhanced security and transparency.

Potential Impact: Faster verification processes and increased trust in company information.

AI-Assisted Registration

Artificial Intelligence could streamline the registration process further by:
– Automating document checks
– Providing instant responses to common queries
– Offering personalized guidance through the registration steps

Potential Impact: Reduced processing times and fewer errors in applications.

Enhanced Cross-Border Integration

Estonia is working towards greater integration with other EU countries’ business systems.

Potential Impact: Easier expansion for Estonian companies into other EU markets and vice versa.

Simplified Tax Processes

Estonia’s e-Tax system is already advanced, but future developments might include:
– Real-time tax calculations
– Automated tax filings for small businesses
– Integration with global tax systems for international operations

Potential Impact: Reduced compliance burden, especially for small and medium enterprises.

Evolving E-Residency Program

The e-Residency program is likely to expand, possibly offering:
– More services tailored to specific business types
– Enhanced integration with global financial systems
– Partnerships with other countries for mutual recognition

Potential Impact: Increased accessibility and utility for international entrepreneurs.

Sustainability Focus

Estonia might introduce incentives or streamlined processes for companies focusing on sustainability and green technologies.

Potential Impact: Faster registration or tax benefits for eco-friendly businesses.

Taavi Kotka, former Chief Information Officer of Estonia, predicts: “The future of Estonian e-governance, including business registration, will be about creating a seamless, global ecosystem. We’re moving towards a world where starting and running a business across borders will be as easy as sending an email.”

As these trends develop, Estonia is likely to maintain its position as one of the most attractive and efficient countries for company registration, especially for digital and innovative businesses.

10. Conclusion: Navigating Estonian Business Registration

As we’ve journeyed through the intricacies of registering a company in Estonia, one thing becomes clear: this small Baltic nation has transformed the concept of business establishment into a streamlined, digital-first process that sets a new standard for efficiency and accessibility.

The question “How long does it take to register a company in Estonia?” doesn’t have a one-size-fits-all answer. While the official process can be completed in as little as a few hours to a few days, the reality for most entrepreneurs, especially those from outside the EU, is a bit more nuanced. From obtaining e-Residency to navigating post-registration requirements, the full timeline can stretch from a few weeks to a couple of months.

However, this timeline is still remarkably quick compared to many other countries, and the process is designed to be as smooth and transparent as possible. The key takeaways for aspiring entrepreneurs are:

1. Preparation is crucial: The more thoroughly you prepare your documents and understand the process, the faster and smoother your registration will be.

2. Leverage digital tools: Estonia’s e-services, from e-Residency to the e-Business Register, are powerful tools that can significantly expedite your journey.

3. Stay informed: Keep abreast of regulatory changes and future trends to ensure your business remains compliant and competitive.

4. Seek expert help when needed: While the process is designed to be DIY-friendly, don’t hesitate to consult with local experts for complex situations.

5. Look beyond registration: Remember that registering your company is just the first step. Be prepared for the challenges and opportunities that come with actually running a business in Estonia’s digital ecosystem.

As Estonia continues to innovate in the realm of digital governance and business facilitation, the process of company registration is likely to become even more efficient and user-friendly. For entrepreneurs looking to establish a presence in the EU or leverage Estonia’s digital infrastructure, the country offers a unique blend of speed, flexibility, and forward-thinking policies.

In the words of Ott Vatter, the former Managing Director of e-Residency: “Estonia’s approach to business registration isn’t just about speed; it’s about creating an environment where entrepreneurs can focus on building their business rather than navigating bureaucracy. It’s about making Estonia a launchpad for global businesses.”

Whether you’re a tech startup looking to tap into Estonia’s thriving digital ecosystem, a digital nomad seeking a European business base, or an established company exploring new horizons, Estonia’s efficient registration process offers a compelling starting point. As you embark on your entrepreneurial journey in Estonia, remember that the country’s innovative spirit and digital-first approach extend far beyond the registration process, potentially offering your business a unique advantage in today’s global marketplace.

FAQs

1. Can I register a company in Estonia without physically visiting the country?

Yes, it is possible to register a company in Estonia without physically visiting the country, thanks to Estonia’s advanced digital infrastructure and e-Residency program. Here’s how:

1. Obtain e-Residency: Apply online for Estonian e-Residency. This digital ID allows you to access Estonian e-services and digitally sign documents.

2. Use online platforms: Once you have e-Residency, you can use the e-Business Register to complete the company registration process entirely online.

3. Virtual office services: For the required Estonian address, you can use virtual office services available from various providers in Estonia.

4. Digital authentication: All necessary documents can be digitally signed using your e-Residency card.

5. Remote management: After registration, you can manage your company remotely using Estonian e-services.

While this process makes it possible to register and run a company without visiting Estonia, it’s worth noting that some banks might require an in-person meeting for opening a business account. However, there are fintech alternatives that offer remote account opening services.

2. What are the main differences between registering an OÜ (Private Limited Company) and an AS (Public Limited Company) in Estonia?

The main differences between registering an OÜ and an AS in Estonia are:

1. Minimum share capital:
– OÜ: €2,500 (can be deferred for up to 10 years)
– AS: €25,000 (must be paid before registration)

2. Management structure:
– OÜ: Simpler structure, only requires a management board
– AS: More complex, requires both a management board and a supervisory board

3. Number of shareholders:
– OÜ: Can have a single shareholder
– AS: Must have at least one shareholder, but typically has many

4. Public trading:
– OÜ: Shares cannot be publicly traded
– AS: Shares can be publicly traded on stock exchanges

5. Reporting requirements:
– OÜ: Less stringent reporting requirements
– AS: More comprehensive reporting and auditing requirements

6. Registration process:
– OÜ: Generally quicker and simpler to register
– AS: More complex registration process due to additional requirements

7. Suitable for:
– OÜ: Small to medium-sized businesses, startups
– AS: Larger businesses, companies planning to go public

The choice between OÜ and AS depends on your business goals, size, and future plans. An OÜ is more common for smaller businesses and startups due to its flexibility and lower capital requirements, while an AS is typically chosen by larger companies or those planning significant growth or public investment.

3. How does Estonia’s tax system affect newly registered companies?

Estonia’s tax system is known for its simplicity and business-friendly approach, which can be particularly beneficial for newly registered companies. Here are key aspects to consider:

1. Corporate Income Tax:
– Estonia has a unique system where corporate income tax (20%) is only paid on distributed profits (dividends).
– Retained and reinvested profits are not taxed, encouraging business growth.

2. VAT (Value Added Tax):
– Standard VAT rate is 20%.
– Companies must register for VAT if their annual turnover exceeds €40,000.
– Voluntary registration is possible below this threshold.

3. Social Tax:
– Employers pay social tax (33%) on employee salaries.
– This covers health insurance and pension contributions.

4. Income Tax for Employees:
– Flat rate of 20% on salaries.
– Employers withhold this from employee salaries.

5. Tax Declarations:
– Most tax declarations can be filed electronically.
– Monthly declarations are required for payroll taxes and VAT.

6. Double Taxation Treaties:
– Estonia has agreements with many countries to avoid double taxation.

7. E-Tax System:
– Estonia’s advanced e-Tax system simplifies tax filing and payments.

8. Cryptocurrency Regulations:
– Estonia has clear regulations for cryptocurrency businesses, requiring licensing for certain activities.

9. Tax Incentives:
– No specific tax incentives, but the overall system encourages reinvestment.

For new companies, this system means:
– You can reinvest profits without immediate tax implications.
– Cash flow management can be easier due to tax being paid only on distributions.
– The flat tax rates and electronic systems simplify tax planning and compliance.

However, it’s crucial to understand your specific tax obligations, which can vary based on your business structure and activities. Consulting with an Estonian tax advisor is recommended to ensure full compliance and to optimize your tax strategy.

4. What are the most common mistakes to avoid when registering a company in Estonia?

When registering a company in Estonia, entrepreneurs should be aware of and avoid these common mistakes:

1. Insufficient Research:
– Not fully understanding Estonian business laws and regulations.
– Failing to explore different company types and choosing the wrong structure.

2. Incomplete Documentation:
– Submitting applications with missing or incorrect information.
– Not providing all required documents, leading to delays or rejections.

3. Underestimating Language Barriers:
– Assuming all processes will be in English without checking.
– Not seeking proper translation services when needed.

4. Overlooking Local Address Requirements:
– Failing to secure a valid Estonian address for the company.
– Using an inappropriate address that doesn’t meet legal requirements.

5. Misunderstanding E-Residency:
– Confusing e-Residency with actual residency or citizenship.
– Not applying for e-Residency early enough in the process (for non-EU citizens).

6. Inadequate Capital Planning:
– Not having the required minimum share capital ready.
– Misunderstanding the rules around deferred capital contributions.

7. Neglecting Post-Registration Requirements:
– Failing to register for VAT when required.
– Not setting up proper accounting and tax reporting systems.

8. Poor Choice of Board Members:
– Appointing board members without considering legal responsibilities.
– Not having at least one EU/EEA resident on the management board.

9. Ignoring Banking Challenges:
– Not preparing adequately for the bank account opening process.
– Failing to consider alternative financial solutions if traditional banking is challenging.

10. Lack of Compliance Planning:
– Not setting up systems to ensure ongoing compliance with Estonian laws.
– Overlooking annual reporting requirements.

11. Unrealistic Expectations:
– Assuming the process will be instantaneous without any potential delays.
– Not budgeting enough time for the entire setup process, including post-registration steps.

12. DIY Approach Without Expertise:
– Attempting to navigate complex situations without professional advice.
– Not consulting local experts when facing uncertainties in the process.

By being aware of these potential pitfalls and planning accordingly, entrepreneurs can ensure a smoother and more efficient company registration process in Estonia. It’s often beneficial to consult with local business service providers or legal experts to navigate these challenges effectively.

5. How does Estonia’s e-Residency program impact the long-term management of a registered company?

Estonia’s e-Residency program has a significant impact on the long-term management of a registered company, especially for non-resident entrepreneurs. Here’s how it influences various aspects of business management:

1. Remote Administration:
– E-Residency allows entrepreneurs to manage their Estonian company from anywhere in the world.
– Digital signatures enable the signing of documents and contracts remotely.

2. Access to E-Services:
– E-residents can use Estonia’s comprehensive e-services platform, including e-Banking, e-Tax Board, and the e-Business Register.
– This facilitates easy compliance with reporting and regulatory requirements.

3. Digital Identity Verification:
– The e-Residency digital ID serves as a secure method of identity verification for various business transactions.
– It simplifies processes like opening bank accounts or applying for business licenses.

4. Streamlined Tax Compliance:
– E-residents can file taxes electronically through Estonia’s e-Tax system.
– The system’s user-friendly interface makes it easier to stay compliant with Estonian tax laws.

5. Business Continuity:
– Even if physical travel is restricted, e-Residency ensures that company management can continue uninterrupted.

6. Global Business Networking:
– E-Residency provides access to a global community of digital entrepreneurs, facilitating networking and collaboration.

7. Easier EU Market Access:
– Managing an EU-based company becomes more straightforward, potentially easing access to European markets.

8. Flexibility in Team Management:
– Companies can easily add or remove board members and shareholders using digital signatures and e-services.

9. Transparent Record-Keeping:
– All company-related documents and filings are digitally stored and easily accessible.

10. Evolving Service Offerings:
– As the e-Residency program develops, new services and features are continually added, potentially offering more management tools in the future.

11. Challenges in Traditional Banking:
– While e-Residency simplifies many aspects of business management, some e-residents may face challenges with traditional banking services.
– This has led to increased use of fintech solutions and digital banking alternatives.

12. Continuous Learning Requirement:
– E-residents need to stay updated with changes in Estonian regulations and e-services.
– This requires ongoing engagement with the e-Residency community and official channels.

13. Data Security Considerations:
– While Estonia’s digital infrastructure is highly secure, e-residents must be vigilant about their digital security practices.

14. Limited Physical Presence:
– For businesses that require a physical presence in Estonia, e-Residency alone may not be sufficient.
– Some aspects of business operations might still require visits to Estonia or local representatives.

Siim Sikkut, former Government CIO of Estonia, notes: “E-Residency is not just a tool for company registration; it’s a platform for global digital entrepreneurship. It transforms how businesses can be managed across borders, making Estonia a digital home for companies worldwide.”

In essence, e-Residency significantly simplifies the long-term management of an Estonian company for non-residents.