Classical and Fintech Banking

How to add beneficial owner information of an Estonian company

All Estonian companies are obligated to submit the data of the person who benefits from the company’s activities’, or so-called
beneficial owner, in the Estonian Business Register. Submitting the data of the company’s beneficial owner is mandatory due
to the updates in the Money Laundering and Terrorist Financing Prevention Act. The new requirement is in force from 10 March 2020.

Why it makes sense to be a remote business owner?

Being able to work remotely and have a location-independent lifestyle is becoming increasingly popular and commonplace. People do not necessarily need to be at the office all-day, every-day and multiple studies have shown that remote workers can perform equally well, if not better than their counterparts. Working location-independently minimises costs, increases productivity and also leads…

Customer story – How to start your Amazon e-commerce business with an Estonian company

Tim Schnoeckelberg, a German citizen focused on online selling, especially over Amazon e-commerce has been an e-resident & 1Office client for over 2 years now. 1Office interviewed him recently to learn more about him & why he chose to use e-Residency & 1Office to grow his e-commerce business.     1Office: Hello Tim, it is…

Shaping the future of remote work at Running Remote 2019 in Bali

Challenges of the new trend   Remote work is steadily on the rise. It is estimated that there will be 1 billion digital nomads worldwide by 2035. Switching to remote mode gives companies access to global talent pool, helps to increase retention rate, and save some operational costs. However, it is not always easy to…