Thursday, Jul 19 2018 | Time 00:07 Hrs(IST)
image
image
States Share

Estonia wants more Indian companies to invest through its e-residency and start-up visa programme

Estonia wants more Indian companies to invest through its e-residency and start-up visa programme

Kolkata, Apr 07 (UNI) Estonia is keen on investing in India in technology and ICT sector, the areas of its core competency, and invited more Indian companies for investment through its e-residency and start-up visa programme.

Mr Riho Kruuv, Ambassador of Estonia, said while Estonia's e-residency programme allows 100 per cent ownership without local directorship enabling companies to do business from anywhere in the world, its startup visa programme offers 18 months to startups to develop their business ideas.

He was speaking at an interactive session at the Merchants Chambers of Commerce here on Friday.

"The beauty of the startup visa is entrepreneurs can come to Estonia with just enough money to cover their living expenses. They can get mentoring and enjoy a very lively startup ecosystem available in Estonia. In addition to this, we also provide financing platforms to these entrepreneurs."

Mr Ankit Bahl, Advisor Trade & Investments, Embassy of the Republic of Estonia in India, said Estonia’s e-residency programme is a transparent system which can be set up in just one day and there are already 30,000 companies from 154 companies operating in the country from across the world, out of which more than 1200 are from India.

Mr Kruuv said, any businessman willing to do business under the e-residency programme would need to go to Estonia only once to open a bank account, and after they have identified themselves they can establish their online company and run their operations fully online and do business in that country.

MORE UNI AND SJC RN

More News

Security cover Sanjiv Bhatt withdrawn, MoS home says decision taken by committee

18 Jul 2018 | 11:45 PM

Ahmedabad/Gandhinagar, July 18 (UNI) Even as dismissed IPS officer Sanjiv Bhatt has written a letter to CM Vijay Rupani on withdrawal of his security cover, the MoS Home Pradipsinh Jadeja on Wednesday said that the decision has been taken by a committee meant for time to time review of security given to various persons.

 Sharesee more..

Two die in road accident in Chitrakoot

18 Jul 2018 | 11:43 PM

Chitrakoot, July 18 (UNI) Two girl students killed while four others were injured when a tractor-trolley overturned in Karvi area here on Wednesday.

 Sharesee more..

Talathi in Nanded trapped in ACB net

18 Jul 2018 | 11:42 PM

Nanded, Jul 18 (UNI) A talathi, working at the Autala Gram Panchayat office in Dharmabad tehsil of the district, was arrested by the Anti-Corruption Bureau (ACB) while allegedly accepting a bribe of Rs
2,500 from a complainant, on Wednesday.

 Sharesee more..

Armed dacoits gang loot valuables worth Rs 8 50 lakh from house in Palghar

18 Jul 2018 | 11:41 PM

Thane, Jul 18 (UNI) The Palghar Rural Police has launched a manhunt for a gang of about seven armed dacoits who allegedly decamped with gold ornaments and cash collectively worth Rs 8.

 Sharesee more..

Mumbai Police constable murdered in Sangli bar

18 Jul 2018 | 11:40 PM

Mumbai, Jul 18 (UNI) A 29-year-old police constable was allegedly murdered by three unidentified people after a petty fight at a liquor bar in Maharashtra’s Sangli district.

 Sharesee more..
image