Hacker News new | ask | show | jobs
by ttoinou 2 hours ago
I was surprised how amazing it is ?

  What do you wish you had known before getting started?
Your yearly financial data is public, everyone will know your income / profit. And you will get spammed, your email will be public too.

  How easy has it been to run the company remotely?
Great

  Have you ever needed to travel to Estonia to resolve an issue?
Only visited once to open bank account LHV but I closed it since then and can use remote banking

  Looking back, would you do it again?
Yes
1 comments

Same experience for me, it's been great!

I never needed to visit since I could use Wise for banking.

The only thing is that surprised me was the tax rate, when I created my Company the advertised rate was 20/80 but in reality it was ~25/75 and it increased since.

Yes, it was stable for a long time but has been changing mainly due to factors associated with the war in Ukraine (spikes in inflation, especially related to energy prices as well as a need for increased defense spending)
Wise is not a bank.