Doing business in Estonia

According to the Global Competitiveness Report from the World Economic Forum for the years 2014-2015, Estonia remains the best performing country in Eastern Europe and improves by three places to reach 29th overall. The country boasts a solid competitiveness profile with strong, transparent, and efficient institutions (26th); a solid macroeconomic environment (20th); and high levels of education and training (20th). Its labour market is also more efficient than in most countries in the region (11th).
Source: Global Competitiveness Report 2014-2015 -World Economic Forum

Since the independence from the Soviet Union in 1991, Estonia became one of the most dynamic and modern economies. The Heritage Foundation and the Wall Street Journal rank Estonia’s economy 8th freest in the world and 2nd in Europe (2015). Out of 189 countries Estonia was placed 17th in the World Bank’s 2014 “Ease of Doing Business” ranking.

Estonia is certainly offering an excellent investment and business environment thanks to its great geographical and logistic position, low administrative burden and bureaucracy, modern banking and infrastructure systems, high level of technological services and settings, stable economy and an uncomplicated and business oriented tax system (i.e. 0% corporate income tax on invested profits. Only dividends and distributed profits are taxed).

On top of that, Estonia is one of the leading e-societies in the world. For more information please click on e-estonia website

In order to enhance the quality of services for potential entrepreneurs willing to do business in Estonia a special progam called e-residency was launched in 2014.
Estonia is the first country to offer e-Residency – a secure government backed digital identity, which allows access to the extensive set of government and business e-services that Estonia has developed since the 1990’s. This transnational digital identity is available to anyone around the world interested in running a location-independent business on-line. By providing e-Residency, Estonia is unleashing the world’s entrepreneurial potential.
Find more information on e-residents website