E-Residency Tax Guide for Content Creators
Relevant information to understand the benefits and your tax obligations as a content creator and to receive your payments legally in over 186 countries
Start invoicing like a business with E-Residency
from anywhere on the planet.
The Estonian E-Residency program allows citizens from any country in the world to register as digital residents of Estonia without the need to reside in the country. The program was launched in 2014 with the goal of promoting Estonia’s digital economy and attracting foreign investments.
To obtain E-Residency status in Estonia, applicants must meet the following requirements:
- Be a citizen of a country that is part of the Schengen Area or not
- Have a valid email address
- Upload a high-quality digital photo of their face
- Sign a declaration of having no criminal record
- Upload their ID from their country of origin.
Once the application is approved, Estonian e-residents receive an electronic identity card that allows them to access Estonia’s digital government services, such as business registration, tax filing, and online banking.
The benefits of obtaining E-Residency status in Estonia include:
- The ability to create and manage a company in Estonia without residing in the country
- Access to Estonia’s digital government services
- The ability to travel visa-free to Schengen Area countries
- The ability to work with companies worldwide
- To apply for E-Residency status, interested individuals can visit the Estonian government’s website. The application process is straightforward and can be completed online.
The Estonian E-Residency program has been successful and has attracted over 200,000 e-residents from around the world. The program has helped promote Estonia’s digital economy and attract foreign investments.
The Estonian E-Residency program is open to citizens of any country in the world, except for the following:
- Saudi Arabia
- North Korea
- South Sudan
These countries are excluded from the Estonian E-Residency program due to security concerns.
Xolo is a platform that helps individuals manage their personal and business finances. It offers a variety of services, including banking, investment, insurance, and loans. Xolo also provides a range of tools to help people save money and achieve their financial goals.
Xolo Go allows you to invoice business clients (B2B) and receive payments for services rendered without registering a company.
Xolo provides you with:
- An online invoicing tool to do business with your clients
- A VAT number for your clients to receive compliant invoices when they pay
- An Xolo business bank account (IBAN) to receive money
- Human support to complement our online service
With Xolo Go, you can:
- Invoice clients and receive payments for services rendered
- Agree on the services delivered to clients.
- Report your income (your responsibility that Xolo will support in later stages of our development)
Setting up a Xolo Go account takes just 10 minutes, and you’ll be on your way!
The Xolo Go account is an online bank account designed for content creators who have not registered a company, freelancers, and small businesses. It offers a variety of benefits, including:
- No monthly fees
- Free ATM withdrawals worldwide
- Free direct deposits
- Money transfers at a 5.9% fee to your bank account
- Free MasterCard debit card
- 24/7 customer support
The Xolo Go account is an excellent option for freelancers and small businesses looking for a fee-free online bank account. It offers various benefits that can help people save money and achieve their financial goals.
Here are some additional benefits of the Xolo Go account:
- You can open an account in minutes with no paperwork
- You can manage your account online or through the Xolo app
- Xolo offers a variety of tools to help you save money and achieve your financial goals
- Xolo has a team of personal finance experts who can assist you with any questions
- If you’re a nomadic content creator or are starting your business, we recommend considering opening a Xolo Go account. It’s an excellent way to manage your personal and business finances and achieve your financial goals.
For more information, visit here.