Posted by jvilalta 4 hours ago
Ask HN: What surprised you about Estonia e-Residency and running an Estonian OÜ?
I'm considering using an Estonian OÜ for a SaaS business and would love to hear from people who have actually gone through the process.
What surprised you after becoming an e-resident and establishing your company? Were there recurring costs, compliance requirements, banking/payment issues, tax complications, or other operational challenges you didn't anticipate?
How easy has it been to run the company remotely? Have you ever needed to travel to Estonia to resolve an issue?
Looking back, would you do it again? What do you wish you had known before getting started?
I'd appreciate any lessons learned, gotchas, or advice from current or former e-residents.
Honestly, I’d avoid the EU in general. There are only about four or five good places to set up a company and stay connected to the financial system: the US, especially Wyoming or Delaware, Dubai, Singapore, and Hong Kong.
(you'd probably be downvoted anyway because of the insubstantial anecdote)
It’s your choice to decide to keep your Russian citizenship. Then you have to pay the price of being a Russian citizen.
I understand how comments like yours and other sibling comments will generate feelings of being treated unfairly: We do not choose our birth country. We do not know the individual's actions, we do not know their political stance, and it is not racist but still discriminatory to use their nationality against them. They're already punished enough by being associated with their government. That's at least how I see it.
Then again, it is probably due to EU wide legislation, so not something Estonia can do much about even if they wanted to. I hope they find emotional support to detach their individuality from how Russians (and Ukrainians!) are treated in general in the current dynamics. It's not their fault as individual, and I'm sorry that they became victims.
Stanley: That's not what a hate crime is.
Michael Scott: Well, I hated it, a lot, okay.
At the consulate, I emphasized that I was opening a company in Estonia to support the economy and country, especially because of the threat they're facing off against. Demonstrating one's deep knowledge of the situation, and fully backing Estonia in spite of the magnitude of the threat, is the way to win friends.