<story><title>Estonia is running its country like a tech company</title><url>https://qz.com/1535549/living-on-the-blockchain-is-a-game-changer-for-estonian-citizens/</url></story><parent_chain><item><author>juskrey</author><text>I had a pretty intense honeymoon with Estonia, even had a relatively popular blog on e-residency, have visited Estonia twice (great experience btw)..&lt;p&gt;And, after four years, I have reopened my company in UK and trying to liquidate my Estonian one (today I have received a denial letter which says that only Estonian citizen can close my company)..&lt;p&gt;In short: Vague frequently changing rules, introduction of strange complex regulations over time (e.g. contact person, management board member tax which is kinda avoidable or not at the same time - &amp;quot;Schrodinger tax&amp;quot;).. Expensive business services and accountants (yes, US and UK are cheaper!), volatile tax rules interpretations.. Lack of googlable good information overall, and local accountants are not that hi level pros in nomadic IT matters at all. Also totally non-cooperative Estonian banks.&lt;p&gt;Upon all of that, UK manages doing everything without fragile e-card, which, honestly, adds more anxiety over access loss instead of benefits. Has TONS AND TONS of proper official information with tutorials. Generations of good accountants and stable business and tax regulations.</text></item></parent_chain><comment><author>Mirioron</author><text>As an Estonian I thought the e-residency system was pretty much a scam from the start. I didn&amp;#x27;t think anybody would fall for it, because the moment you ask &amp;quot;So what can I do as an e-resident that I couldn&amp;#x27;t before?&amp;quot; you realize that the answer is essentially &amp;quot;Nothing&amp;quot;. But try saying this to other Estonians, they&amp;#x27;ll raise a fuss.&lt;p&gt;Edit: perhaps calling it a scam is inappropriate. It just doesn&amp;#x27;t seem like the program offers anything new over what other countries offer. I guess the nice thing is that it tries to be a package deal that&amp;#x27;s easier to market and find information about.</text></comment>
<story><title>Estonia is running its country like a tech company</title><url>https://qz.com/1535549/living-on-the-blockchain-is-a-game-changer-for-estonian-citizens/</url></story><parent_chain><item><author>juskrey</author><text>I had a pretty intense honeymoon with Estonia, even had a relatively popular blog on e-residency, have visited Estonia twice (great experience btw)..&lt;p&gt;And, after four years, I have reopened my company in UK and trying to liquidate my Estonian one (today I have received a denial letter which says that only Estonian citizen can close my company)..&lt;p&gt;In short: Vague frequently changing rules, introduction of strange complex regulations over time (e.g. contact person, management board member tax which is kinda avoidable or not at the same time - &amp;quot;Schrodinger tax&amp;quot;).. Expensive business services and accountants (yes, US and UK are cheaper!), volatile tax rules interpretations.. Lack of googlable good information overall, and local accountants are not that hi level pros in nomadic IT matters at all. Also totally non-cooperative Estonian banks.&lt;p&gt;Upon all of that, UK manages doing everything without fragile e-card, which, honestly, adds more anxiety over access loss instead of benefits. Has TONS AND TONS of proper official information with tutorials. Generations of good accountants and stable business and tax regulations.</text></item></parent_chain><comment><author>juped</author><text>Sounds like they&amp;#x27;re running it like a tech company.</text></comment>