1.
e-Residency
21.02.2017
Kaspar Korjus

2.
digital name infrastructure+

3.
1. Incorporation and administration
2. Bank account and credit card
3. Online payment provider
4. Automated accounting and taxes
5. Legal and business guidance
LOCATION INDEPENDENT EU
BUSINESS ENVIRONMENT
for Internet Entrepreneurs
Set up at home, work from anywhere

4.
STARTUP
ENTREPRENEUR
#Peace of
mind while
travelling
FREELANCER FROM
AN EMERGING MARKET
#Accepting
online credit
card payments
BUSINESSMAN
OUTSIDE THE EU
#Export to the
EU market
BUSINESSMAN
IN THE EU
#Low admin
with multiple
EU members
#Access to
cross-border
capital
DIGITAL
NOMAD

5.
Country
all applicants
(17356)
%
# of e-residents
created new
companies
(1418)
1418
conversion
rate
1Finland 2760 15,9% 206 14,5% 7%
2Ukraine 929 5,4% 149 10,5% 16%
3Russia 1335 7,7% 128 9,0% 10%
4Germany 840 4,8% 81 5,7% 10%
5Italy 776 4,5% 71 5,0% 9%
6UK 923 5,3% 55 3,9% 6%
7Latvia 567 3,3% 53 3,7% 9%
8France 536 3,1% 51 3,6% 10%
9USA 1033 6,0% 45 3,2% 4%
10Turkey 332 1,9% 44 3,1% 13%
11Belarus 246 1,4% 33 2,3% 13%
12India 548 3,2% 32 2,3% 6%

6.
Income to Estonia?
=362€/month
x1000 companies
x10,000 companies
X100,000 companies
X100m companies
= 4,3m€ / year
= 43m€ / year
= 430m€ / year
= 430b€ / year
Taxes,
165 €
Services,
85 €
Investments,
83 €
Business
trips; 29 €
Monthly income per company

7.
Business opportunities for international and
Estonian companies:
1. Supporting e-residency companies (virtual office services, accounting, and legal/tax advice).
2. Putting together a business package (Stripe Atlas, LeapIN, etc.).
3. Selling your own services or products to e-residents (e-Residency Hotel).
4. Building new services (e-voting platform, e-residency community, etc.).
5. FinTech services can make use of strong AML/KYC (Know Your Customer) and access e-res data.
6. Blockchain services can become more legitimate through strong identities (e-notaries).
7. Instead of hiring staff for short term projects, they can sell their services via an e-res company
8. Turn shareholders and investors into e-residents for easier cross-border administration
9. Send encrypted data between entities with a high level of privacy (e.g. health test results)
10. Estonian companies can use e-Residency brand in their export activities even if there is no
direct relation to it

8.
e-Residency: a digital nation for global citizens
powered by the Republic of Estonia
INCLUSIVE LEGITIMATE TRANSPARENT EMPOWERING

9.
Incorporation Bank account Credit card Payment provider Lending market Crowdfunding
Funding
Climate
Engineers
Family

10.
Incorporation Bank account Credit card Payment provider Lending market Crowdfunding
1. Location independence
2. Financial inclusion
3. Empowered people
Funding
Climate
Engineers
Family

11.
Incorporation Bank account Credit card Payment provider Lending market Crowdfunding