Start an EU Company with Your (Estonian) E- Residency Digital ID

e-resident.gov.ee

2 pointsdennisy4 comments

I see that they claim that registering a company in the UK takes "5-10 days". That's not the case. Online it takes a few hours, the same as Estonia advertises, but much cheaper, and there's no need to be physically present though a local legal address is required, again the same as Estonia advertises. I guess the key here is that Estonia is in the EU...

I think the tax rate is also benefit:

> Corporate tax: 0% on reinvested profits, 14-20% on distributed profits.

Yeah... until last year the UK's rate was 19% but the government has increased it to 25% because the economy is doing so well...

It's 12.5% in Ireland but I don't know the cost and admin burden for non-residents.

> > 0% on reinvested profits

But this is true in all countries no? Only in other countries you re-invest before registering profits, but in the end it's the same thing.

Reply on news.ycombinator.com