Categories
e-residency

Visiting Estonia in COVID times (II)

In this post I will give you some tips about visiting Estonia but I will not explain my trip in detail. First of all, I want to say that I planed almost all my trips within Estonia using Google Maps, it’s very easy and reliable. Open the app in your smartphone, search for the destination […]

Categories
e-residency

Visiting Estonia in COVID times (I)

I know that it is not the best moment to write this kind of post, but sooner or later we will be able to travel again. May be you remember that I have applied for a LHV bank account and I have been pre-aproved, so I had to travel to Estonia to visit a branch […]

Categories
e-residency

Annual report

After the post about applying for a LHV account, I planned a post about traveling to Estonia to sign the documents in a LHV branch and visiting this beautiful country, but I think that now it is not the right time to write a post about traveling, so instead of that post, I am writing […]

Categories
e-residency

Applying for a LHV bank account

If you have read my post about Estonian IBAN you know that for a lot of companies there few options for having this IBAN. In my opinion the best one is an LHV account. But before to apply, read this information about them in the e-Residency Marketplace: https://marketplace.e-resident.gov.ee/company/lhv At first I was very pessimistic because […]

Categories
e-residency

Looking for an EE (Estonian) IBAN

This is a nightmare for a lot of app developers. Google and Apple ask to developers for an IBAN of the same country of the company to pay them for the apps that they sell in Google Play or App Store. At first I found a workaround, I had a private Pocopay bank account – […]

Categories
e-residency

Strong connection to Estonia

This is the big question for a lot of e-Residents. How to get a strong connection to Estonia? Usually Estonian banks ask you to have this connection to open a bank account. At the beginning I thought that I had two options: buy a house in Estonia or marry an Estonian. But I don’t have […]

Categories
e-residency

Accounting

Accounting is the process of recording financial transactions pertaining to a business.

Categories
e-residency

Share capital

What is it? According to Collins Dictionary: A company’s share capital is the money that shareholders invest in order to start or expand the business. https://www.collinsdictionary.com/dictionary/english/share-capital Moreover the Share capital is a proof that you own the company and how many of it you own when there are more than one shareholder. Social capital is […]

Categories
e-residency

Opening the (first) bank account

Marketplace To manage a company you need a bank account, so I went, one more time, to e-Residence Marketplace to search a bank account. https://marketplace.e-resident.gov.ee/ You must know that there are only a few number of options when searching a business bank and some of them are not ‘true’ banks, they are fintechs. The reason […]

Categories
e-residency

Establishing a company

I had my e-Resident kit, I tested it and it worked fine. So I could establish my company. But before of that I had to select a service provider, a company that help me and also a virtual office, because it is mandatory to have a virtual office (legal address & contact person) located in […]