Business environment in Estonia is favorable due to its location and taxation system for companies with 0% corporate income tax on retained or reinvested profits. Estonia is within 3-hour flight from most major European, Scandinavian and Russian cities, which in combination with a profitable taxation system makes it the leading country in Europe in terms of attracting foreign direct investments. Economy in Estonia is rapidly growing and highly globalized which offers even a bigger interest for a foreign investors. With that a numerous international giant companies like Microsoft, CGI, Google, Fujitsu, ABB and Ericsson have their branches. Estonia is a good place not only for doing business, but also for finding partners from all across Europe.
A company in Estonia can be established remotely with ease even for non-EU residents. The process could be simplified with Estonia’s remarkable feature — the e-residency card. Further, the majority of administrative activities can be done online thanks to the digital services and legal framework in place, so there is no need to travel to the country where your company is registered just to handle the paperwork. Most companies in Estonia were established online. Estonia is the first country in the world that provides such opportunity. e-Residency can be applied for in several easy steps on governmental website.