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by nivertech
1392 days ago
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IMO this is not for people from developed/"western" countries. This is mainly for people living in countries that have problems connecting to the western banking system, or with a lot of bureaucracy and/or corruption.
In most developed countries, an Estonian e-Residency company falls under something like a "Foreign Controlled Corporation" and can be fully taxed just like a local one. This will surely create a lot of legal and accounting problems. Perhaps this is an option for crypto startups that have trouble opening bank accounts in their countries. |
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