INVESTING AND MIGRATING TO ESTONIA

Estonia is a developed economy in Northern Europe that ranks among the top countries in the world with high human development indices. It regularly has been ranking high globally for quality of living, education, and digitally advancing public services, among others.

Any individuals wanting to invest in a business in Estonia must register with the country’s Central Commercial Register before they begin conducting business activities. Even foreign enterprises that deal in goods or services can establish a branch by registering with the Estonian Commercial Registry after submitting applications and other necessary documents.

Estonia issues permit for start-ups to nationals belonging to non-EU countries easily and quickly.

ADVANTAGES OF ESTABLISHING BUSINESSES IN ESTONIA

• The government of Estonia extends support to aspiring entrepreneurs.
• It is well connected with both Europe and Asia.
• Estonia is renowned for its extensive and free Wi-Fi connections, its allegiance to e-government, Commitment set up IT skills base and other digital services.
• Being a paperless society, it allows Estonians to conduct most transactions online.
• It allows you to be the country’s e-resident.
• Estonia is ranked very highly on economic freedom, which is among the best in Central Eastern Europe.
• It houses one of the world’s most liberal tax systems, with corporate income tax being paid only on dividends.
• It houses to benefit start-ups numerous accelerator programs.

ELIGIBILITY TO INVEST IN ESTONIA AS A FOREIGN INVESTOR

• An advanced flexible business model with massive potential for global growth.
• Go-ahead from the Start-up Committee, indicating that a company fits the description of a start-up and can be issued a permit for functioning.
• Funds of a minimum of €150 per month, which is €1,800 for a one-year visa.

RESIDENCY PROCESSING TIME:

• E-Residency takes up to six to eight weeks
• Approval for business plan and application for permanent residence take up to three to four weeks from the date of submission online to the start-up committee.

APPLICATION EXPENSES:

• The e-Residency card application is priced at €100.
• the state fee for a long-term permit is €80. Residents of Ukraine and Belarus are excepted from paying the fee.
• For a temporary residence permit, the state fee is €160 when applying in Estonia or €180 when applying through a representative in Estonian representation).

Y-AXIS DELIVERABLES:

• Interacts on your behalf with the qualified agent for submission of application.
• Handles on your behalf for absorbing records of information.
• Aids by providing related models.
• Guides you in filling in application forms.
• Provides updates regularly to you on the case and the procedure.
• Guides you in the investment process
• Guides you in preparing a business plan