http://taavikotka.wordpress.com/2014/05/...s-by-2025/
Looks very interesting for people with online businesses.
Zero percent corporate tax rate and 21% on dividends (flat) is very attractive but not as attractive as Hong Kong.
What is attractive though is the ability to fully open, control and bank with a company in Estonia without having to go through leech lawyers and middlemen. Not to forget Estonia isn't a bad place to spend the summer. For those who haven't been to the Baltics, think Scandinavia with less feminism and slimmer more feminine women and same shitty weather. High on the blonde count too for those with such inclinations.
New base for RVF members?
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Estonian citizens are able to perform nearly every public and private sector transaction in digital form, including signing any document. Until now, this ability has not extended to foreigners who are permanent residents of countries other than Estonia. Therefore, on April 24th, 2014, the Government of the Republic decided to approve the concept of issuing digital IDs to non-residents. This forms a basis for the growth of the international competitiveness of the Estonian state in the fields of economy, science, education, healthcare, etc.
For example, the adoption of non-resident ID cards is an additional argument in favor of investing in Estonia. Today, it is difficult for a foreign investor to actively participate in the executive management of a company (that is, to fulfill the tasks of a Member of the Board). The non-resident ID card and digital signature would provide the necessary flexibility.
Here is another example. There are entrepreneurs and investors both within and outside the European Union who are looking for opportunities to create their own company or investment vehicle in the EU. The ability to incorporate and open a bank account (not just in Estonia, but in the EU!) within a single day is only one of the services that Estonia can offer to holders of non-resident ID cards. Not to mention the simple, fully digital tax system, flexibility in attracting highly qualified (digital) labor, etc.
In addition, reinvested profit is tax-free in Estonia, and the highly developed e-banking environment gives you immediate control of your assets from a distance. This means that Estonia has the potential to be attractive to entrepreneurs who need an investment account (vehicle), and this would result in additional customers and capital for Estonian businesses.
E-residence provides a unique opportunity to create a globally innovative suite of public and private services that are usable irrespective of location: convenient incorporation, bank transactions, tax reporting, medical counseling, etc. This can be based on existing Estonian e-services, developing them further and adding new ones.
Looks very interesting for people with online businesses.
Zero percent corporate tax rate and 21% on dividends (flat) is very attractive but not as attractive as Hong Kong.
What is attractive though is the ability to fully open, control and bank with a company in Estonia without having to go through leech lawyers and middlemen. Not to forget Estonia isn't a bad place to spend the summer. For those who haven't been to the Baltics, think Scandinavia with less feminism and slimmer more feminine women and same shitty weather. High on the blonde count too for those with such inclinations.
New base for RVF members?