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Estonia Overview

Estonia is the first country worldwide to establish a viable e-Residency programme: e-Residency is an electronic identification that allows the bearer to the use online services of the Estonian government. Specifically, E-Residency enables citizens to start a location independent business; conduct e-banking and transfer money remotely, access online payment service providers, and submit Estonian tax declaration online.
Overview Estonia
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Estonia is located in Eastern Europe between Latvia and Russia and bordering the Baltic Sea and the Gulf of Finland. It is a low-lying country with many lakes and forests and a temperate and relatively wet climate, with moderate winters and cool summers.

Estonia’s culture incorporates elements from indigenous culture (such as the native language, Estonian) and Nordic culture. Estonia and the Baltic region in general have often been viewed as the point where East meets West; this can be seen in the presence of both Western Christian churches and Eastern Orthodox churches. Estonia was formerly part of the USSR until its independence in 1991, and Estonia still contains a sizeable minority of ethnic Russians.

Nowadays, the sense of Estonian identity is strong. Estonian people are generally relatively quiet and reserved, and the family is of great importance. Estonian society generally espouses equality, increasingly liberal views, and commitment to the concept of the welfare state.

Although Estonia is a very small state both in terms of population and geographical size, its innovations relating to state-citizen interactions are unprecedented. Following independence in 1991, Estonia has developed rapidly into a digital state; a country in which access to the internet is a human right and where a citizen can vote in elections online. Central to this movement is the removal of bureaucracy and the promotion of efficiency and transparency. Estonia’s impressive digital infrastructure is unique not just in Europe, but the world. The e-Residency program is the latest initiative, pioneering the idea of a country without borders.

Estonia: Factsheet

  • Official Name: The Republic of Estonia
  • Geographic Location:Baltic Region, Northern Europe
  • Capital:Tallinn
  • National Day:24 / February
  • Population:1,317,797 (2017 Estimate)
  • Population density:29 people / km2
  • Major ethnic group:Estonian, Russian
  • Official languages:Estonian
  • Currency:Euro
  • Religion:Non-aligned, Lutheran, Eastern Orthodox
  • Land area:45.339 km2
  • Total GDP:US $24,880,000 (2013)
  • Per capita GDP:US $18,783 (2013)

Why Choose Estonia?

  • Ability to set up a location-independent EU company with a fast application process and minimal bureaucracy.
  • You can administer your business online; e-Residency allows you to file for taxes, do accounts and conduct online banking and access international payment service providers online.
  • You can run your business from anywhere, while taking advantage of full access to the EU single market.
  • You can administer your business online; e-Residency allows you to file for taxes, do accounts, conduct online banking and access international payment service providers online.
  • You may be able to set up a bank account in Estonia. Moreover, some Estonian banks will soon no longer require a face-to face meeting to open a bank account.