| Thanks for your reply. > Does anyone have any actual info on the Atlas timelines/waiting lists? Without Atlas you get a Delaware instantly from one of the many registries, Atlas is only needed if you want to get the bank account without going to US (something which Estonia can't provide yet (I learned in another reply from you)) > e-Residency (from application to card delivery) should take 2-3 weeks. Not months. Check the forums, rarely people get it in few weeks > The difference in the level of complexity of US vs Estonian tax rules can't be described in words :). Do not agree. At the end of the day you need just one tax consultant. And one is enough also for the US. And they are easy to get in the US. And knowledge online is massive, check this for Estonia. Besides, taxes can get quickly complicated and messy, especially if you are a resident in another country than your corporation. And because of your local tax regulations and not the one's from the country of the entity you need good tax people who are familiar with your country-of-entity-and-country-of-residency combination. > Estonia is playing for total transparency and an efficiency heaven. If you want to do shady offshore stuff, then this is not for you. #nopanamapapers Sorry but this is getting bold now. There're many totally legal use cases where a non-disclosure at the beginning is favorable. Still you can't do anything illegal, authorities will get you with an US corp as well, it's just about that with on Estonian OÜ everybody can google what you are doing. > US. Starting a one-man online business (and currently not a tax resident of US) -> Estonia! Sorry have to disagree here again. If you want to start an one-man-show then the Delaware LLC is more favorable, even easier than the C Corp. There are enough online resources giving further explanations. I don't want to bash your ambitions and I like that Estonia is way more digital and advanced (or tries to) than other nations but I have still problems to see any added value. |
These posts are probably from summer of 2015 when the online ordering was launched and the operations didn't manage to keep up with the waiting list.
> Do not agree. At the end of the day you need just one tax consultant.
If you're running a one-man show, then the sum of costs matters a lot. Simpler framework -> less help needed -> less hours on the invoice -> money saved. I haven't ever needed a tax consultant for my own undertakings, but then again I'm an Estonian and I don't have the tax-residency-in-another-country angle. But as we are talking generally, without specific examples, then let's agree that:
1) one definitely needs to look into this subject before deciding on the best course of action when starting a business anywhere (do a total cost of ownership for the next 3 years, etc.),
2) this area needs modernization as more and more people are moving around the globe every year.
> Sorry but this is getting now bold.
My intention wasn't to imply that US is for shady offshore stuff. Or that offshore/nominee stuff needs to always be shady. I only wanted to say, that if you happen to be the guy wanting to do shady offshore stuff, then Estonia is not the place :).
> Sorry have to disagree here again.
Let's agree to disagree for now, and let's re-evaluate our opinions in a few years when these new programs have had a change to make their stand.
Br, Erko