e-Estonia
Often referred to as e-Estonia, this country is a digital and tech-savvy society, where everything from setting up a new company to declaring taxes can be done with just a click on the computer.
With a population of just 1.3 million Estonia produces more successful startups per capita than any other country in Europe. It also attracts a lot of investments – Estonia is second in Europe after UK in euros invested into startups per capita through new alternative funding solutions.
Estonian startups have attracted investments from a number of global investors, institutions and VC Funds including the following: Sir Richard Branson, Peter Thiel, Ron Conway, Timothy Draper, Shakil Khan, Dave McClure, Robin Klein and Saul Klein, Redpoint Ventures, Index Ventures, 500 Startups, Seedcamp, Intel Capital, Charles River Ventures, Matrix Partners and many more.
There are over 1000 startups in Estonia. Find startups that are currently looking for investments.
Why invest in Estonia?
- We have a reliable and stable financial system thanks to transparent government policy and regulations.
- Companies registered in Estonia do not have to pay income tax for re-invested profits.
- Estonia is also among the top 20 countries in the World Bank Ease of Doing Business Index.
- Foreign and domestic investments in Estonia are treated equally under the law.
- Public services are simple, efficient and almost everything can be conducted online. Here are some examples:
- Estonia is the first country to offer e-Residency - a transnational digital identity available to anyone in the world interested in administering a location-independent business online.
- There is a possibility to access all environments offering e-services with an ID-card.
- A signature given digitally using an ID-card is legally equal to a normal signature.
- It only takes 15 minutes to establish a company over the Internet in Estonia.
- The Estonian banking sector is quick, flexible and IT-based – 99% of banking transactions in Estonia are done electronically.
- In 2015, 95% of tax declarations were filled and submitted online.
- Estonia is situated perfectly for trade between Russia, Asia and Europe.
- Estonia is a member of the EU, the WTO, the OECD, and NATO.
- Estonia is the first country to offer e-Residency - a transnational digital identity available to anyone in the world interested in administering a location-independent business online.
- There is a possibility to access all environments offering e-services with an ID-card.
- A signature given digitally using an ID-card is legally equal to a normal signature.
- It only takes 15 minutes to establish a company over the Internet in Estonia.
- The Estonian banking sector is quick, flexible and IT-based – 99% of banking transactions in Estonia are done electronically.
- In 2015, 95% of tax declarations were filled and submitted online.
We invite everyone to visit our tiny tech-savvy country to see the wonders of the startup scene yourself! PS! Want to learn more about investing in Estonia? Visit the Invest in Estonia website.