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Get to Know About Estonia
Estonia is a country in Northern Europe with a land area of 45,227 square kilometers. Its population is about 1,324,820. Even though their official languages are Estonian and Russian, most of the young people speak English fluently, and the Euro is their currency. It has four distinct seasons: Spring, Summer, Autumn, and Winter.
The Gross Domestic Product (GDP) in Estonia is worth 31.179 billion US dollars. And its GDP per capita is around $23,514. The Corporate Tax Rate stands at 20 percent, which entices business owners and companies to put up their businesses in the country.
Doing business in Estonia is like counting one, two, and three. Visa is only required for non-nationals of the European Union (EU), and the European Economic Area (EEA). Getting work, residence, and business permits are needed if you want to work, live, and do business in the country, respectively. You can work there if your employer registers your short-term employment and your stay is legal (like having a D-visa) or when you have a valid (temporary) residence permit for working. Also, there is a Temporary Residence Permit (TRP) for business (which lasts for up to 5 years and extended for up to 10 years) aside from separate license that you need to acquire which depends entirely on your business activity.
The challenges in Estonia are just a few, which include weather conditions and some business, residence, and work-permit issues. There are various things that the country can be proud of including the safeness of its place, low crime rates, and the friendliness of Estonians when meeting new people.