Archive · 5 Aug 2025
Banker Urges Indian Entrepreneurs to Consider Estonia
An investment banker is telling Indian entrepreneurs to consider starting their businesses in Estonia, a country in Europe.
For a small fee and a few hours online, they can get an e-residency and set up a company.
This gives them access to the European market and favorable tax conditions, like no tax on the money the company keeps.
Estonia's digital infrastructure is strong, and it has many tech startups.
It's a good option if you're in the tech business and want to serve Europe.
Investment banker Sarthak Ahuja recommends Indian entrepreneurs to establish companies in Estonia.
Estonia's e-residency program allows global entrepreneurs to set up remote companies with EU credibility.
Setting up an Estonian company can be done online in about four hours for under ₹60,000.
Estonia offers no corporate tax on retained profits and a flat 20% tax on distributed dividends.
The Estonian tech ecosystem supports over 2,000 tech entrepreneurs, including 12 unicorns.
- Who
- Sarthak Ahuja, an investment banker, and Indian entrepreneurs.
- What
- A banker is promoting Estonia's e-residency program for Indian entrepreneurs to set up companies.
- When
- The program was launched in 2014.
- Where
- Estonia
- Why
- To offer access to European markets, favorable tax conditions, and a digital-first infrastructure.
Entrepreneurs Considering Estonia
Entrepreneurs Not Suited for Estonia
Appropriateness
Entrepreneurs Considering Estonia
Estonia is a good place to register for tech companies serving Europe.
Entrepreneurs Not Suited for Estonia
If all business is in India, it makes little sense to register in Estonia.
- Cost to Set Up
- Under ₹60,000
- Time to Set Up
- About four hours
- Corporate Tax (Retained Profits)
- 0%
- Corporate Tax (Dividends)
- 20%
- VAT Threshold
- €40,000
- E-residents
- Over 2,000 tech entrepreneurs