Really, I heard that it is very difficult to open a corporate bank account for an Estonian company without residence there.nothing beats Estonia ... e-resiidence is easy to get, and the rest happens automagically ... i used xolo.io a few years ago and was happy with them, not sure where they stand now and what other services are out there
nothing beats Estonia ... e-resiidence is easy to get, and the rest happens automagically ... i used xolo.io a few years ago and was happy with them, not sure where they stand now and what other services are out there
Lol, why would I need to change your view?Estonia looks like a big scam to me. Xolo could be a quick solution to get paid once or twice but it doesn't look like a good long-term solution.
e-residency appears to be useless as well, from what I've read. Please change my view.
This is the first time I hear that it takes "minutes" to open a corporate bank account with Wise. With the director and UBO having his main residence outside of Estonia? For what type of business?Once you e-resident and registered a company, it takes minutes to open Wise Business. Possible others if you prefer.
These are good questions, how easy/difficult is it to open a business bank account for a company if your residence is outside of Estonia?This is the first time I hear that it takes "minutes" to open a corporate bank account with Wise. With the director and UBO having his main residence outside of Estonia? For what type of business?
The UK is actually even easier and faster than the US because you dont have to wait for an EIN. You can get a UK LTD incorporated and registered at Companies House with a Company number in less than 24 hours. And then yes, you can open a Wise bank account for a US or UK company in minutes (and for an Estonian company too I guess).
Its easy to get but you need to wait 2 months and pick it up from a foreign embassy which might not be in your country.nothing beats Estonia ... e-resiidence is easy to get, and the rest happens automagically ... i used xolo.io a few years ago and was happy with them, not sure where they stand now and what other services are out there
For a standard UK LTD not so much, it would be subject to UK corp tax.what are tax advantages of UK company ?