It's a big week for milestones here in Estonia.
On Friday, the 24th of February, Estonia will celebrate its 105th year of Independence. And that's not all. Earlier this week, the Estonian e-Residency programme reached another impressive (and impeccably timed!) milestone:
This week, the Estonian Police and Border Guard Board officially issued the 100 000th e-Residency ID card to the 100 000th Estonian e-resident. Since the launch of the programme in December 2014, Estonia has welcomed new digital citizens, called e-residents, from 176 countries across the globe.
Lauri Haav, Managing Director of e-Residency, shared his thoughts on this auspicious milestone in a press release on the e-Residency website:
"On the eve of our Independence Day, we are very proud that 100,000 e-residents make up [a] unique global diaspora of Estonia, the only digital society in the world. It is heart-warming to know that we have such a valuable connection with the community of global remote entrepreneurs and digital trendsetters.”
Estonian e-resident #1, British journalist Edward Lucas, also weighed in with his own congratulatory comments on this happy occasion:
“I am delighted to see how many people have become e-residents since I was granted the status. As a secure digital state, Estonia remains several steps ahead of other countries. The e-Residency programme has made a tremendous contribution to Estonia’s international reputation, boosting the country’s brand value and enhancing its security, particularly in today’s circumstances. Keep up the good work!”
Since its inception in December 2014, one of the major benefits of the cutting-edge e-Residency programme is the opportunity it provides for global entrepreneurs to establish borderless EU business' — and run them from anywhere on the planet. The program offers a range of benefits, including access to a secure digital identity, a fully-digitized business environment, and a favorable tax environment. e-Residency recently announced that the number of companies established by Estonian e-residents exceeds 25 000!
And as e-Residency's oldest and most popular service provider, Xolo is proud to share that out of those 25 000 e-resident businesses, almost a quarter (6 000, specifically) were established with Xolo Leap!
With Xolo Leap, e-resident entrepreneurs can fully focus on growing their businesses: bookkeeping and tax reporting is left in the capable hands of Xolo's team of accounting and compliance experts, while its streamlined self-service platform makes it possible to complete business admin activities like sending out invoices and managing business expenses — in less than 10 minutes a day.
As Estonia celebrates its Independence Day on February 24th, the team at Xolo is so proud to be members of this vibrant and innovative community. The e-Residency program has not only boosted Estonia's economy but has also created a worldwide community of entrepreneurs who are hard at work changing the word. The fact that 25 000 companies have been established by e-residents is a testament to the program's success and the potential the future holds.
The team at Xolo looks forward to continuing to serve e-residents and helping them achieve their goals. As the e-residency program continues to grow, we remain committed to providing the best possible service to our Xolopreneurs, so they can focus on what truly matters: growing their businesses and leaving their mark on the world.
🚀 Thinking of launching your own e-Residency company? There's no better time than right now. Save €652 with our unbeatable welcome package: We'll pay your company formation fee and give you 3 months of our most popular plan, Xolo Leap, completely free as our welcome gift to you.
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