WHY YOU SHOULD START A COMPANY IN ESTONIA?
accounting YOU SHOULD START A COMPANY IN ESTONIA?
Opening a company in Estonia and moving your business here is a wise decision for many reasons. Estonia offers a friendly business environment, with many benefits, including:
*Ability to manage the company completely online as an e-resident – with an e-Residency card, you can start and manage your company from anywhere in the world. As an e-resident, you can digitally sign documents, declare taxes online, use online banking services without the need to be present in Estonia to manage your enterprise.
*Estonia has been ranked as having the best tax code in the OECD for 6 years in a row.
*No corporate income tax, until profit distribution, which creates excellent tax deferral & planning opportunities for trading income as retained earnings can be lent out, invested in real estate, precious metals, foreign exchange, stock market, investment funds, etc.
*Low operating costs (perfect for startups)
*Low level of bureaucracy & easy to deal with state authorities
*Presence in the European single market — Estonia, as part of the European Union, is part of the largest international single market in the world. EU Member states and their residents enjoy the economic benefits of the absence of trade barriers and possibility of traveling freely between member countries.
Estonian is part of the eurozone, a monetary union of 19 member states of the European Union (EU) that have adopted the euro (€) as their primary currency and sole legal tender.
*Access to excellent banking facilities
*Regulated cryptocurrencies, an attractive jurisdiction for launching a cryptocurrency exchange or initial coin offering.
*Government subsidies for certain businesses
*Access to EU directives
*A large number of Double Tax Treaties
*Full participation exemption for dividend income for qualifying holdings
*No exchange control regulations
*No thin capitalization rules