Hello there if you open a company in Estonia with the program of e-residency is it possible avoid the " tax inversion " in the different place of fiscal residence ?
E- residency avoid tax inversion
- Thread starter Anonimo69
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Unfortunately it's not a way to avoid to pay taxes locally. For some year ago we had this discussion already here on the forum, at this time it was poisslbe to use the e-residenct as an advantage to open bank accounts and a company, today it's a waste of time.
E-residency in Estonia has been discussed here a lot of times, you want to have a read here:
https://www.offshorecorptalk.com/threads/estonia-e-residence.23205/https://www.offshorecorptalk.com/th...-onboarding-e-residents-by-end-of-year.27296/https://www.offshorecorptalk.com/threads/estonia-e-resident-company-vs-freezone-uae.24079/
And the biggest thread for years ago:
https://www.offshorecorptalk.com/threads/about-estonian-e-residency.17292/
https://www.offshorecorptalk.com/threads/estonia-e-residence.23205/https://www.offshorecorptalk.com/th...-onboarding-e-residents-by-end-of-year.27296/https://www.offshorecorptalk.com/threads/estonia-e-resident-company-vs-freezone-uae.24079/
And the biggest thread for years ago:
https://www.offshorecorptalk.com/threads/about-estonian-e-residency.17292/
With the e-Residency they dont give you legal residency in Estonia with virtual office? I plan to work online as a sole proprietor and I travel out of my country of residence most of the year without doing here paper agreements ,I can pay only job tax in Estonia?
No, they don't give you legal residency in Estonia. You don't get a physical address or residence at all.
Have you done any research?
https://learn.e-resident.gov.ee/hc/en-us/articles/360000711978-What-is-e-Residency
https://learn.e-resident.gov.ee/hc/en-us/articles/360000721597-Estonian-tax-basics
If you have a company in Estonia, the company and its income are subject to Estonian tax law. But that doesn't necessarily mean you can legally avoid tax in your home jurisdiction, even if you︀ spend most of your time abroad. Speak with a local lawyer/tax adviser.
Have you done any research?
https://learn.e-resident.gov.ee/hc/en-us/articles/360000711978-What-is-e-Residency
https://learn.e-resident.gov.ee/hc/en-us/articles/360000721597-Estonian-tax-basics
If you have a company in Estonia, the company and its income are subject to Estonian tax law. But that doesn't necessarily mean you can legally avoid tax in your home jurisdiction, even if you︀ spend most of your time abroad. Speak with a local lawyer/tax adviser.
I have E-Residency in Estonia but for company formation I still await what Lithuania is offering from Jan. 1, especially regarding banking options. E-Residency is pretty perfect IMHO for nomads and non-CFC residents, as employment income from your Estonian-company is not taxed at all, only dividends at 25%. Zero share capital required at the start, and capital can be contributed with EMI like Transferwise. Costs to run it all inclusive around €600/year, I am intending to use virtualofficeinestonia.com.
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