Estonia is one of the most technologically forward thinking countries in the world has started an E Citizen Programme. It happens to be in the EU, is very business friendly and has a great tax rate compared to other developed countries. In fact an Estonian company has 0% tax unless you pull dividends out of it and then they are only 20%.
With this E resident card which is open to all around the world and is super cheap to apply for you get to set up an Estonian Company and Bank Account which is all done online and you can sign all the 'paperwork' electronically using your E residents card. This is totally geared towards tech companies and digital nomads who want a safe tax efficient country to run their stuff through and is in the EU so you can use it to run business into the EU if you want. Apparently the accounting stuff for companies there is very straightforward and can all be put in the same package as your e residency application.
To me if you have income online it makes total sense to run it all through an Estonian company as the tax rates are so low, it's tech friendly to the extreme and you have access to the EU market if you so want to. I could imagine keeping vast amounts of bitcoin in an Estonian company and if you ever cash it to fiat currency you shouldn't pay tax until you pull it out to yourself, but don't forget if you have a company you may be travelling using the companies funds so technically not withdrawing those funds.
There are some famous people already signed up as E Residents including Japanese Prime Minister Shinzō Abe, former Apple evangelist Guy Kawasaki, and Timothy Draper from the venture capital firm Draper Fisher Jurvetson.
"What we aim to do is to create a worldwide virtual business environment, where people from both the developed and developing countries can easily become entrepreneurs and start doing business anywhere in the world. Physical national borders and restrictions will no longer present an obstacle. You can start a business, open bank accounts, make transactions, sign contracts and even declare taxes, all on your computer," said Kaspar Korjus, Estonian e-Residency Program Director.
The main goal of the e-Residency program is to make life and business significantly easier for freelancers, digital nomads, business owners, international partners, and any other non-resident who has a relation to Estonia. Whether you want to start a business, expand your business, make investments, or study in the European Union, Estonian e-Residency makes it possible -- and simple.
Plus Estonian women are well known as some of the most beautiful in the world and high percentage of beauties in the population
I think I will get my application in ASAP
