Articles
Adam Rang: Why I’m joining Unicount
Adam Rang is a British-Estonian entrepreneur who helped develop Estonia’s e-Residency programme. He’s now joining Unicount – the simplest way to start an Estonian company through e-Residency – to help more people become e-residents and benefit from the programme.
The first time I used my Estonian digital ID card was more than four years ago in London. I wanted to start a company, but had no previous experience running a business and I’m not really a tech person. To be honest, I still struggle to work my TV remote control.
Now you can use Smart-ID for company formation
Estonian companies can now be established just using Smart-ID app. The first ever company established online using Smart-ID was today accepted by Registration Department of Tartu County Court. Previously, this was only possible using an Estonian digital ID card or mobile-ID.
It just became even easier to establish a company online in Estonia. Online company formation is now possible for Smart-ID users through a new self-service portal provided by Unicount.
Who is a beneficial owner?
Since 1 September 2018 all legal persons registered in Estonia are obliged to retain and publish data on the beneficial owners of the legal entity. This is based on chapter 9 of the Estonian Money Laundering and Terrorist Financing Prevention Act.
Pursuant to the Act, a legal person is required to retain and gather relevant, accurate and up-to-date data on its beneficial owners, including information on their right of ownership or other manners of exercising control.
Register a company online in five minutes
Unicount enables Estonian e-residents to establish a company in the EU from anywhere in the world without travelling. Follow the instructions in this article to register a company in Estonia online in five minutes or less.
If you are not yet an Estonian e-resident, learn how to become one so you can register your company online via the Unicount web app. The app can be used to register a sole owner (private person) and sole director companies in Estonia.
