[zhte415]

> Those tax rates - 20% VAT and 33% social taxes - are not friendly.

If selling in Europe (common tax area), VAT is mandatory at the point of sale. If the seller is outside Europe (common tax area) and purchaser in Europe (common tax area), the receiver of goods or services is liable to need to pay the tax, and buyers don't like tax/price surprises at point of import or use.

As for social taxes... if there are no Estonia resident employees this doesn't seem an issue.

For bank account - this seems like a headache - for banks as much as anyone, as they have to provide anti-money lending screening, which means 'know your customer' which means a physical visit from the customer. I'm sure Estonia has branches of HSBC, Citi, or other international networks, and they're working on, for example, allowing you to walk into a HSBC/Citi/etc located near where you are, and do the KYC from there. For me, this is the deal-breaker. If opening a bank account can happen without need to visit Estonia, then I'd try this, otherwise, without being able to receive or make payment, it is a nice idea but not in my use-case.