Estonia is the country with the most attractive investment climate. Everything is appealing here: fin-tech investment legislation, zero tax rates, and the opportunities presented by the jurisdiction, which is not included in the world’s blacklists. A company in Estonia, including one founded by a non-resident of that country, is able to trade, sell products in European countries without intermediaries and work in the financial sector, including cryptocurrency business, Blockchain, etc.
Registering a payment system in Estonia provides many opportunities for conducting a successful international business. This licence entitles a company to do business throughout the European Union, making its services available almost all over the world.
Estonia has the advantages of relatively low labour costs, transparency of the tax system and proximity to the CIS countries, both mentally and geographically. No profit tax: if a company has made profits and reinvested them in its development, then this company is exempt from tax – in other words, as long as the profits remain undistributed among shareholders, no tax has to be paid.
The excellent example of a digital state is the e-Governance system, which allows most formalities to be carried out electronically and reduces interaction with government agencies to a minimum.
The price for the service of obtaining a payment licence in Estonia depends on several factors. The basic package includes, for example, the preparation of statutory documents, business plan drafting, legal support, etc. However, an individual approach to each client also implies a personalized price offer based on a set of services. We would be happy to negotiate a price during a free consultation.
When applying for this type of licence, a company has to comply with a number of requirements. The standard list of requirements is as follows.
We would be happy to arrange a personal consultation to overview the entire list of requirements.
We would be happy to arrange a personal consultation to overview the entire list of documents and information.