Thanx for video. One more thing, since 2022 Estonia made an opportunity for seamans all over the world apply for Estonian certificate of competency. Based on e-residency. Thanx to that procedure I completed full re-training in Reval center and passed exam in Transport Administration.
Interesting thanks, I didn’t realise that’s what it was despite living just over the border. Latvia has e-paraks which is similar but can’t get if you’re outside and it’s connected to my actual residency. Starting a biz here is a headache so might be something for me to look into.
@@abdelrahmangamalmahdy There are countries for which basic "western things" like having a PayPal account which accepts money or google merchant account are not possible with their residence. Even in EU, there are people who get e-residency and move around, avoid being tax resident of any country (don't trigger 183/365 rule anywhere) get the benefit of 0% VAT services and only pay 20% of dividends payout (they say can go down to 14% after regular payout). If you pay yourself a salary instead the costs will go higher I think in any EU country.
Thank you for the information! Question: If I open a company in Estonia and operate my business elsewhere, for example UAE, will Estonian government have an issue with this?
Hello! Quite informative. One question, does the current war affect anything about the program? What would you advise? Any option relating this, since its located near Russia?
happy ramdan manan , I really appreciate your effort but the whole point obesrving that topic that iam looking to do legitimate bussiness but how that iam doing legitimate bussiness and their country won't serve the business (open bank account is like normal basics of any business )acting as business which means keeping and mainting transactions records or chronicles then how they want to attract us by denying the point of bank accounts like I am going to pay 20% flat rate and if i crossed 40 000 euros the vat that i am suppossed to collect is fixed by 20% which is really harsh . all what i need is just bank account . from your experience what do you suggest
It is important to establish your connection with Estonia, one way to do that is to hire a part-time representative. It will make a lot of paperwork very easy, including making an account. It is definitely going to be expensive.
