![[ Offshore Tax ] E-Residency Card for Starting a Business in Estonia?](https://img.youtube.com/vi/1V1kKCyk7GY/hqdefault.jpg)
DERREN JOSEPH:
I have a question. Someone asks a question and one of the other platforms. So the person JJ says I'm a freelancer and I've applied for the ear residency. Once I get it, can I start my company with, I guess, a relevant service provider in Estonia and accept payments from my clients? Just Donya banks. Thanks in advance.
GEORGI DZANI:
Yes. When you received this card, you just go to the web, to our commercial registry website, and registered the company. If you know-how, how to do this, if you don't know, you can, you can ask us, we will help with the big pleasure. And after this, we can talk about the bank account or any other payment institutions. It all depends on the activity that your company will have to decide where you should open it.
DAGNE AAREMAE:
Also the nationality of the person. So are they, then it's a problem.
DERREN JOSEPH:
Okay. So what nationality? Well, I guess some of the obvious ones next door, right? But any other nationalities are less say they will face additional challenges in dealing with banks and incorporation in Estonia
GEORGI DZANI:
Sanction
DERREN JOSEPH:
Wanting sanction country. Okay.
GEORGI DZANI:
Yes. It depends on the kind because Iran has a lot of sanctions. Also, the banks are afraid of them too, but it's, it's, it's their internal rules there. These are internal rules. We can't affect this or do something. Or for example, this country, not only around another country and North Korea, for example, the USA under the section and they have a lot of sanctions. So for them, it will be very difficult to make a business in Europe, unfortunately.
More information about ESTONIA here:
https://htj.tax/2022/06/the-estonia-advantage-tax-residency-corporate-structures/
TIMESTAMPS:
0:00 Intro
0:16 freelancer applying for E-Residency in Estonia
0:37 what you can do when received the card
1:09 other nationalities can face challenges dealing with bank
2:20 outro
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