In today's interconnected world, expanding your business globally has become more accessible than ever. One country that stands out for its forward-thinking approach is Estonia, with its innovative e-Residency program. This program allows entrepreneurs from around the world to establish a presence in the European Union (EU) quickly and easily.
In this blog post, we'll explore the benefits of Estonia's e-Residency program, how to obtain it, and how Nomad Business Solutions makes registering your EU company a seamless experience in just 5 minutes.
Understanding Estonia's e-Residency Program
Estonia's e-Residency program is a digital identity initiative that grants individuals access to the country's online services and business ecosystem. With an e-Residency card, you can establish and manage your EU-based company remotely, regardless of your physical location.
This program provides numerous benefits, such as access to the EU market and funding (loans, grants, investments), secure digital signatures, and simplified business administration.
Gaining Estonia's e-Residency
To become an e-resident of Estonia, the process is straightforward. First, visit the official website of the e-Residency program and fill out the application form. You'll need to provide personal information, including your passport details, contact information, and a motivation statement explaining why you want to become an e-resident.
After submitting the application, you'll undergo a background check. Once approved, you'll be invited to collect your e-Residency card from the nearest Estonian embassy or consulate.
Do not forget to make an appointment beforehand and to bring the same government issued ID with you that you used in the application.
We would happily help you with the application as well as give you consultations around the e-Residency and EU company registration.
Registering Your EU Company with Nomad Business Solutions
Once you have obtained your e-Residency card, the next step is to register your EU company. But before you can start filling out the application to register your new company, you should install DigiDoc4 software.
DigiDoc4 is a necessary tool for individuals and businesses operating in Estonia or utilizing the Estonian e-Residency program. It provides essential features for secure document management, digital signatures, compliance with legal requirements, and streamlined workflows. By leveraging DigiDoc4, users can navigate the digital landscape with confidence, ensuring the integrity, security, and efficiency of their digital document transactions. Read more here and download the software here.
When you have downloaded the software, the registration process may begin! This is where Nomad Business Solutions simplifies the process, allowing you to register your company in just 5 minutes. With our user-friendly portal, you can easily navigate through the steps and complete the necessary documentation without any hassle. Our streamlined system ensures that the registration process is efficient, saving you time and effort.
The Benefits of Registering Your EU Company
By registering your EU company through Estonia's e-Residency program, you gain access to a multitude of advantages. First and foremost, you can tap into the vast EU market, reaching millions of potential customers and expanding your business horizons. Estonia's business-friendly environment, low bureaucracy, and digital infrastructure make it an ideal location for launching and operating your company. Additionally, the e-Residency program provides secure digital signatures, making it convenient to sign contracts and conduct business transactions online.
The Step-by-Step Process
Let's explore the step-by-step process of getting started and registering your EU company with Nomad Business Solutions:
Create an account
Visit our website and create an account by providing your basic information. This will grant you access to our portal. Make sure that all the information is correct and do not forget to add a scanned copy of your ID.
Choose the right package for you
On our portal amongst other services, we have 2 packages – one for already existing e-residents and the other one for non-residents. Choose the one that applies to you, and to get the most out of our offering (especially non-residents), make sure you purchase the package before you go through the e-residency application phase.
Company details
After gaining the e-Residency and receiving the e-Residency kit, you can register your business on our portal straight away. Enter the details of your company, including the name, business activities, and share capital. Our intuitive interface guides you through the process, ensuring accuracy and compliance.
Shareholder and director information
Input the details of the company's shareholder and a director. We've simplified this step to save you time and ensure accurate records. On our portal you can initially only add one board member (yourself), but more people can be added in Estonia’s business registry website with our help once the registration has gone through.
Important! Each and every person who will become a board member of your business has to be an e-resident themselves as well.
Choose services
Select the additional services you require, such as accounting, legal, or banking services. Nomad Business Solutions offers a range of comprehensive solutions tailored to your needs.
Most of all, we strongly advise you to speak to a tax specialist to guarantee that you are compliant in Estonia as well as in your own country. Find more information on our website here.
Payment and submission
The payment of the package must be made right away on our portal. Both packages already include the €265 euro state fee for company registration that we will transfer for you. Once you have filled in all the information in your Profile’s subsection User Management and we have approved it, you can proceed with your company registration in the Active products section. Fill in the form on our portal and make sure that all the information is correct.
The last and final step before submitting the application is to download the BDOC document, open it with DigiDoc4 software, sign the document and upload it again on our portal as asked. After that submit your application, the confirmation should come through either on the same or latest the next day. All the necessary documentation will be sent to you via email.
Our efficient system processes the information instantly, allowing you to register your EU company in just 5 minutes.
Estonia's e-Residency program has revolutionised the way entrepreneurs establish their EU companies, offering a seamless and digital solution. With Nomad Business Solutions, the process becomes even more effortless, allowing you to register your EU company in just 5 minutes through our user-friendly portal.
Take advantage of Estonia's innovative business ecosystem, tap into the EU market, and unlock endless possibilities for your business. Start your journey today and experience the convenience of Estonia's e-Residency program with Nomad Business Solutions.
