The Ultimate Guide to Estonian E-residency, Banking, and Taxes

A word of caution: I have set up an e-company as an e-resident. The process was expensive (€ 700,-) and cumbersome. After it was set up, I found out that I actually will not use it due to changing circumstances. Cancellation costs: € 1200,- for a registered company without any transactions or a bank-account attached to it. My impression is, that the e-residency program is a modern layer over an ancient bureaucratic infrastructure, that not only drives you crazy by continuously trying to communicate with you in Estonian, but above all will spam you a lot - not only in Estonian, but in Finnish and/or Swedish as well. For me as a Dutch citizen, the benefits do not outweigh the cons.