Are you looking to start a business in Estonia, but don’t know where to start? Look no further than Consulting24. Our experienced team of business consultants will guide you through the entire process of registering your business in Estonia. We make sure that you get the best possible advice and help you create a successful business plan. With Consulting24, you’ll be up and running in no time.
Why Blockchain is the Best Business to Start in Estonia
As a home to more than 50 blockchain companies across the Estonian nation, Consulting24 continues to expand its wing to capture, nurture and guide new Crypto-companies into the Estonia market.
Consulting24 focuses on guiding the expansion of the blockchain craze because it offers a more significant benefit to cost advantages by eliminating intermediaries while enhancing authenticity and transparency hence the best business to start.
Benefits of Blockchain technology
Despite not covering much ground yet, blockchain technology is the best business to start and is what the business market is looking forward to. Consulting24 creates an enabling
environment to new entrants by making sure they set up platforms that enable;
Substantive reduction in costs of operations. Blockchain technology helps create a traceable path for all transactions, thereby eliminating the need for administrative record-keeping and the need for reconciliation of transactions.
Easy trace of products. Blockchain enables companies to trace products from their initial stages. For instance, food can be traced from the farm to the shelves by use of this technology.
Streamlined operations. Before any transaction is conducted via the blockchain platform, there must always be a double check to ensure it is secure and transparent. It enables participants to have a clear work track.
Despite being often overlooked within the EU market, Estonia continues to attract more
Blockchain entrepreneurs while opening new opportunities for various cyber investors.
As a way of improving the performance of crucial state organs, Estonia has succeeded in
optimizing its technological gains while still improving other aspects.
Why you should consider doing business in Estonia?
Allows easily to manage the company
0% Corporate Tax
No corporate tax on profits retained or reinvested.
Accept Payment Worldwide
Receive payments from clients globally.
Company management and tax reports can be submitted online
Company incorporation takes 24h
Company minimus share capital is 1€
Why you should consider doing business in Estonia
Strategically located within the European Union, Estonia prides itself on being the first country to have a fully functional e-residency platform. The platform enables Blockchains to rank the best business to start in Estonia.
E-residency is a digital identification program that enables people from all across the world to become Estonian residents economically.The platform allows everyone to complete their processes and procedures online, even while awaiting approvals for their applications, which may take between 3 to 4 weeks.
The Estonian e-Residency allows citizens from other countries to transact and conduct their businesses anywhere within their country, just like any other citizen. However, it does not exclude anyone from paying taxes in their respective home countries.
Equally, this is not a travel document that is valid, nor is it a visa document. It only grants economic rights while denying social rights. If you are interested to explore and learn about Lithuania cryptocurrency license, look here.
How to acquire the E-residency
Consulting24 takes charge of the e-Residency applications for interested clients. The clients are required to provide;
A copy of your ID
A state fee of 120 EUR
All the processes can be conducted without the need of the client’s physical presence.
Dynamics involved in Setting up a successful crypto-platform in Estonia
As an experienced and professional blockchain consultant, Consulting24 takes charge of its client's entire processes while matching their needs. The company makes sure that clients appreciate cryptocurrency as the best business to start in Estonia. It makes sure that all the registration and licensing procedures as well captured to ensure efficiency in operations.
Consulting24 helps its clients;
Provision of relocation services
Acquire Virtual currency service provider licenses
Open bank accounts
Accounting and legal services
Steering and guiding company operations
Owing to its sound understanding of the Blockchain terrain, the company is well-positioned to help companies fulfill procedures and protocols in the registration stage. Such documents are required;
Shareholders names and addresses
Company activities and services
Virtual currency provider licenses are acquired once the company has been registered. It gives the traders the right to provide virtual currency wallet services, enable an exchange of traditional currency with virtual currency, and also facilitate virtual to virtual currency trading.
Licensing process also requires the directors to provide their documents such as police clearance, passport copies, office location, and bank account.
Despite the existence of both traditional and digital banking platforms, Consulting24 seeks to ensure that traders experience the minimum possible inconveniences by ensuring that they have platforms that allow clients to sell cryptocurrencies by use of both debit and credit cards.
The company also makes sure that the client's platforms provide its own tokens while also accepting Euro deposits from clients to sell Bitcoins. Bank accounts enable the company to conduct business while also being able to track the daily activities at minimal costs.
UAE Crypto License
At Consulting24, we are dedicated to aiding businesses navigate the crypto market with ease and confidence. Looking for guidance on procuring a UAE crypto license? We've got you covered. With a deep understanding of the regional requirements and regulatory landscape, we simplify the licensing procedure, saving you valuable time and resources. Discover more about how we can assist you on your crypto journey by visiting our website: https://www.consulting24.co/uae-crypto-license.
Cost and Process
Company registration: 3000€ included POA
Virtual address & Authorised person 500€/ year
Accounting: Starting from 100€
Emerging from a common vision and profound understanding of blockchain's revolutionary potential and cryptocurrencies, we founded Consulting24. As dedicated cryptocurrency consultants, our role is to decode the complexities of the digital asset domain.
Our primary objective is to make the often baffling realm of virtual assets more understandable. We furnish businesses with a simple and executable plan to incorporate this technology into their operations. Whether it's about integrating digital currencies, launching tokens, or initiating NFTs, we provide guidance on the best business to start in Estonia in the rapidly evolving digital asset space.