Es­to­nian e-Res­i­dency pro­gramme in deal with Pay­ment­wall

Baltic News Network - - News -

In­ter­na­tional pay­ments fa­cil­i­ta­tor Pay­ment­wall in col­lab­o­ra­tion with the Es­to­nian pro­gramme of e-Res­i­dency pro­gram started this week Pass­port, a new ser­vice, with which busi­ness­peo­ple around the world will have the op­por­tu­nity to found an EU com­pany and ac­cess pay­ment and other sup­port­ing ser­vices via in­ter­net.

«Now, with Pass­port, the process of set­ting up an EU com­pany and con­nect­ing the pay­ment pro­cess­ing so­lu­tions will be­come even eas­ier,» stated Oleg Gus­tol, head of Global Growth at e-Res­i­dency as cited by Es­to­nian pub­lic broad­caster ERR cited.

Gus­tol added that Pass­port will be in par­tic­u­lar use­ful for en­trepreneurs in coun­tries such as Ukraine, Turkey and In­dia, where strong eco­nomic growth has al­ready been seen, while in­ter­na­tional pay­ment so­lu­tions are not as eas­ily avail­able.

ERR de­scribed Pass­port as a plat­form, where a global net­work of com­pa­nies helps founders find a work­ing space, get lo­cal­iza­tion ser­vices, ac­cess busi­ness bank­ing, reg­is­ter for a com­pany in Es­to­nia, an EU mem­ber coun­try, and start re­ceiv­ing pay­ments. To date, over 22,000 peo­ple from 138 coun­tries have ap­plied for Es­to­nian e-res­i­dency and in to­tal they op­er­ate over 3,000 firms.

Newspapers in English

Newspapers from Latvia

© PressReader. All rights reserved.