Tuesday, Sep 25 2018 | Time 07:02 Hrs(IST)
  • Second summit with North Korea will happen soon says trump
  • Russia to provide Syria with new S-300 air defense missiles
  • Rouhani cautions US for pursuing hostile policies against Iran
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 News

Youth drowned while immersing Ganesha idol in river in Nanded

24 Sep 2018 | 11:56 PM

Nanded, Sep 24 (UNI) A youth drowned while immersing a Lord Ganesh
idol in Manjra river in Biloli tehsil of the district.

 Sharesee more..

23-yr-old man booked for raping his relative's daughter

24 Sep 2018 | 11:45 PM

Nanded, Sep 24 (UNI) The Rural Police on Monday filed a criminal
case against a 23-year-old man for allegedly raping his close
relative's daughter.

 Sharesee more..

Talathi trapped in ACB net in Jalna

24 Sep 2018 | 11:43 PM

Jalna, Sep 24 (UNI) The Anti-Corruption Bureau (ACB) on Monday
arrested a talathi attached with Sajja-Kadwanchi in Jaln taluka of
the district while allegedly accepting a bribe of Rs 1,000 from a

 Sharesee more..

18-yr-old boy killed in road accident in Nashik

24 Sep 2018 | 11:27 PM

Nashik, Sep 24 (UNI) An 18-year-old boy was killed on the spot after
a truck carrying cement bags knocked down his scooter and run over
him on Nashik-Pune highway near Bytco point here on Monday.

 Sharesee more..

Bloodshed in picturesque Araku tribal agency shocks people

24 Sep 2018 | 11:22 PM

Visakhapanam, Sep 24 (UNI) The picturesque Araku valley in the eastern Ghats in the district — one of the hot tourist destinations in Andhra Pradesh was utterly desolate on Monday, as Maoists on Sunday shot dead the sitting MLA, K Sarveswara Rao, and the former MLA, S Soma, both Telugu Desam party leaders.

 Sharesee more..