The e-Residency program is most popular among Ukrainians

The post was published in DV.ee on 26th of November, 2019

The e-Residency program is most popular among Ukrainians

In October of 2019, the number of e-residents of Estonia has surpassed the mark of 62 000. The program is most popular amongst Ukrainians, tells the RIA.com Marketplaces OÜ.

By the end of November of 2019, there were 62 707 people registered as e-residents. At the beginning of 2017, this number was only 15 000. From January to October of the current year, the e-residents have paid Estonia 10.8 million euros in taxes, which has become the new record since the establishment of the program.

E-residents from Ukraine over the years are one of the most active founders of enterprises, having created 873 companies.

PLACECOUNTRYNUMBER OF ENTERPRISES
1Ukraine873
2Germany812
3Russia752
4Turkey563
5France556
13Latvia238
25Lithuania116

From January to November of the current year, 15 000 people have joined the e-residency program.

PLACE COUNTRY NUMBER OF PEOPLE
2Russia4 283
3Ukraine3 916
4Germany3 717
5Great Britain3 170
13Latvia1 691
20Lithuania851

According to the board member of RIA.com Marketplaces OÜ Artem Umanets, Estonia attracts Estonian IT companies thanks to the local tax system, internet services, and also the agreement for the Avoidance of Double Taxation between two countries.

RIA.com Marketplaces OÜ manages the leading real estate portal DOM.RIA.com and the car trade portal AUTO.RIA.com.