HN Explorer

Ask HN: Is e-Residency really worth it?

10 points by IdontRememberIt ↗ HN
Would you advice the creation of a company in Estonia? Do you have feedback/experience about it? It seems to be very tempting and innovative. https://e-estonia.com/e-residents/about/

5 comments

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zerr
Anybody tried it to publish paid Android apps on Play store from unsupported country? What are costs/taxes?
E-stonian
LeapIN has a number of customers that have done this. Check out www.leapin.eu and their packages. The costs to start a company are about 300 euros and monthly costs are about 50-100 euros.
zerr
I guess one can do it without any other 3rd party company. And then one have to pay Estonian income taxes from the Android apps sales, right?
E-stonian
The name can be a bit confusing. e-Residency gives people from around the world access to Estonian government digital services, from which the most valuable is being able to run an Estonian company from anywhere in the world. Estonia is known for its simple tax system, low bureaucratic/admin burden and paperless administration of the company. So it's mainly for international freelancers and online businesses.
laudaksg
I have an e-residency of Estonia and I'd say that it highy depends on what you want to achieve with it. There are a lot of things you still can't do with it and your presence in Estonia will be needed. So if you want to run a sturtup and establish a company remotely, then Stripe Atlas program is a better option in my opinion.