<h2 id="overview"><a class="zola-anchor" href="#overview" aria-label="Anchor link for: overview">🔗</a> Overview</h2> <p>Estonia has a robust online and digital platform for availing all government services and accessing gov website by virtue of a digital ID card that is issued to every citizen.</p> <p>Estonia’s <a rel="noopener nofollow noreferrer external" target="_blank" href="https://www.e-resident.gov.ee/">E-residency</a> program is an extension of that infrastructure that lets any non-citizen of Estonia get access to their digital government services from anywhere across the globe. This includes being able to incorporate and run a business, file taxes, etc completely online and remotely.</p> <p>Here I describe how my experience of being an e-resident and running an online business has been.</p> <span id="continue-reading"></span><!-- toc --> <h2 id="getting-the-e-residency-card"><a class="zola-anchor" href="#getting-the-e-residency-card" aria-label="Anchor link for: getting-the-e-residency-card">🔗</a> Getting the E-residency card</h2> <p>To become an e-resident, actually <a rel="noopener nofollow noreferrer external" target="_blank" href="https://www.e-resident.gov.ee/become-an-e-resident/">applying</a> to the e-residency program is quite straightforward and a completely online process. You fill up the form and provide a statement of purpose with your current/future business model or services you provide. With me being an android developer and having a few apps on the play store, I attached a screenshot of my Play Store Developer page, just to make it easier for them.</p> <p>Applications for e-residency are usually quite easily accepted especially if your business or service is inherently digital, online and location independent.</p> <p>Once your application is accepted, you’ll receive an email with details on how to collect your ID card from the nearest collection point. Most likely it’s the Estonian embassy that’s near to you. Once there, they’ll verify your passport and scan your fingerprints for their records. You should have now gotten a box on the way out which contains the e-residency ID card, USB card reader, the cards secret PIN and PIN2 and a few informational documents.</p> <h2 id="using-the-digital-id-card"><a class="zola-anchor" href="#using-the-digital-id-card" aria-label="Anchor link for: using-the-digital-id-card">🔗</a> Using the digital-ID card</h2> <p>Once you have your digital/eID smart card in hand, you’ll require setting up some software in order to use it.</p> <h3 id="web-eid"><a class="zola-anchor" href="#web-eid" aria-label="Anchor link for: web-eid">🔗</a> Web eID</h3> <p>To log in to websites we need to install the “Web eID” extension:</p> <ul> <li><a rel="noopener nofollow noreferrer external" target="_blank" href="https://chrome.google.com/webstore/detail/web-eid/ncibgoaomkmdpilpocfeponihegamlic">Google Chrome extension</a></li> <li><a rel="noopener nofollow noreferrer external" target="_blank" href="https://addons.mozilla.org/en-US/firefox/addon/web-eid-webextension/">Firefox extension</a></li> </ul> <p>For more detail and extensions for other browsers see their official website <a rel="noopener nofollow noreferrer external" target="_blank" href="https://www.id.ee/en/article/install-id-software/">here</a>.</p> <h3 id="digidoc"><a class="zola-anchor" href="#digidoc" aria-label="Anchor link for: digidoc">🔗</a> DigiDoc</h3> <p>To be able to sign and read encrypted documents we need to download the “DigiDoc” desktop application. The download link for your OS can be found <a rel="noopener nofollow noreferrer external" target="_blank" href="https://www.id.ee/en/article/install-id-software/">here</a>.</p> <p>If you’re on Linux, you need to follow a few additional setup instructions found <a rel="noopener nofollow noreferrer external" target="_blank" href="https://wiki.archlinux.org/title/Electronic_identification#Estonia">here</a>.</p> <h3 id="smart-id"><a class="zola-anchor" href="#smart-id" aria-label="Anchor link for: smart-id">🔗</a> Smart-ID</h3> <p>Using the smart card ID every time for logging in to your service provider or bank website can quickly get cumbersome. For quick and simple access to websites with eID login I recommend setting up and using <a rel="noopener nofollow noreferrer external" target="_blank" href="https://www.smart-id.com/">Smart-ID</a>.</p> <h2 id="choosing-a-service-provider"><a class="zola-anchor" href="#choosing-a-service-provider" aria-label="Anchor link for: choosing-a-service-provider">🔗</a> Choosing a Service Provider</h2> <p>You’re now set to be able to sing and carry out all business legal operations yourself including filing incorporation document, tax reports, annual report, etc.</p> <p>However, you’ll rarely want to or have the time/knowledge to do so yourself, this is where Estonia’s service provider <a rel="noopener nofollow noreferrer external" target="_blank" href="https://marketplace.e-resident.gov.ee/">marketplace</a> comes in. Here you can hire/enter into a contract with professional service providers that handle your company’s incorporation, having a legally required contract-person in Estonia and filing your tax/annual report among others.</p> <p>Check out the <a rel="noopener nofollow noreferrer external" target="_blank" href="https://marketplace.e-resident.gov.ee/">marketplace</a> to select the ones that fit your requirements.</p> <p>I’ve personally used and talked with <a rel="noopener nofollow noreferrer external" target="_blank" href="https://www.xolo.io/ref/SHAJAI1">Xolo</a> and <a rel="noopener nofollow noreferrer external" target="_blank" href="https://1office.co/company-formation-portal/">1Office</a>, so I’ll be sharing my review and feedback of using their services.</p> <h3 id="xolo"><a class="zola-anchor" href="#xolo" aria-label="Anchor link for: xolo">🔗</a> Xolo</h3> <p><a rel="noopener nofollow noreferrer external" target="_blank" href="https://www.xolo.io/ref/SHAJAI1">Xolo’s</a> great in a number of ways:</p> <ul> <li>Has predictable monthly pricing.</li> <li>Covers any reasonable extra services you might need within the monthly price.</li> <li>Has excellent FAQ documentation</li> <li>Quick and responsive support</li> <li>Assists with setting up an interview for an Estonian Bank account via LHV</li> <li>Nice and slick dashboard with multiple integrations with Wise, Stripe, etc.</li> </ul> <p>However, they have a quite strict scope of the type of businesses/services they can accept and service. It’s mostly so they can automate and scale their services while keeping the operational overhead low. It’s how they manage to keep their prices relatively low.</p> <p>This means, for example, they don’t accept businesses who sell physical goods or services including drop-shipping and e-commerce sites. Also, they only support Wise or LHV for business banking.</p> <h3 id="1office"><a class="zola-anchor" href="#1office" aria-label="Anchor link for: 1office">🔗</a> 1Office</h3> <p><a rel="noopener nofollow noreferrer external" target="_blank" href="https://1office.co/company-formation-portal/">1Office</a> on the other hand, is more like a traditional accountant/auditing firm and provide services to any legal business under the sun.</p> <p>Some benefits I found:</p> <ul> <li>Can mix and match services you explicitly require.</li> <li>Supports e-commerce and drop-shipping businesses with a specific plan to get up and running with Shopify Pro</li> <li>Supports any business banking partner.</li> <li>Has integrations with “My Money” for business banking with Estonian IBAN (which I think is the only online payment aggregator that does so)</li> <li>Supports e-residency across multiple countries and can handle accounting for any/all of them.</li> </ul> <p>The major downsides I found was they are a bit more expensive and have a more bespoke payment plan (they list payment plans on their site however when contacting their sales team, they ask for your requirements and end up quoting a completely custom payment plan and tier) and charge individually for every service besides the basics.</p> <h2 id="closing"><a class="zola-anchor" href="#closing" aria-label="Anchor link for: closing">🔗</a> Closing</h2> <p>Here you have it! A quick run down detailing my experience with e-residency. Hope that helps you in your entrepreneurial journey!</p> <p>And if you do decide to go with <a rel="noopener nofollow noreferrer external" target="_blank" href="https://www.xolo.io/ref/SHAJAI1">Xolo</a> consider using my referral link <a rel="noopener nofollow noreferrer external" target="_blank" href="https://www.xolo.io/ref/SHAJAI1">xolo.io/ref/SHAJAI1</a> in order to get additional €100 when you sign up and get incorporated with <a rel="noopener nofollow noreferrer external" target="_blank" href="https://www.xolo.io/ref/SHAJAI1">Xolo</a>!</p>Liked this article? Share this with others
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