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Digital Nomads

How to Pay 0% Taxes w E-Residency – Christoph Huebner | Ep. 5

Filip Stankovski July 8, 2019


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In this episode, Filip talks with Chris, a digital nomad and the owner of a fully remote insurance brokerage, about the perks of starting a business in Estonia. Chris shared how he was able to create that remote business in a specific niche (children’s health insurance) in a highly regulated industry. He also shared his experiences of becoming an e-resident and business owner in Estonia.

Listen to the episode to learn how you can open a company in Estonia…

Remotepreneur’s Insights:

  • Building a Unique Remote Business: How Chris co-founded a fully-remote business in a highly-regulated industry and pay his employee benefits
  • Breaking Free of  Entrepreneurial Bureaucracy:  The hassles that many remote entrepreneurs face in their home countries vs the ease of starting a business in Estonia
  •  Business Ownership & Taxation as an E-Resident: Chris discusses the key benefits of setting up a business in Estonia
  • Business & Life Beyond Boundaries: Chris shares why he is so passionate about Estonia and life as a digital nomad

There’s disruption everywhere, so the next thing to disrupt is states as governments

Key Podcast Milestones:

[1:50] Chris’ background

[2:34] Building a remote company in the insurance industry

[7:45] Why did you decide to start an online brokerage?

[12:33] Why did your business focus on children’s health insurance?

[16:07] Connecting with other remote workers

[20:45] The hassles of starting an entrepreneur (paperwork, taxes, bureaucracy, etc.) in some countries

[22:42] Building a business in Estonia

[25:00] Trusting you entrepreneurial journey & making the shift to a better life

[30:03] Why we should focus on changing our environment AND our beliefs

[34:40] How do you stay focused when you travel?

[42:35] How do you stay disciplined?

[50:12] How do you run your remote business and what are your future plans?

 

 Top Key Quotes

“There’s disruption everywhere, so the next thing to disrupt is states as governments”

“That’s the nice thing about being an entrepreneur is that you can decide whatever you want to do.”

“Estonia is disturbing governments”

“There are many people who want to work remotely or want to run a business remotely, but they come from an industry where they don’t think that’s possible…”

“I think the word record for opening a company is like 20 minutes in Estonia.”

Resources

Grab

Xroads (Estonia-run government accountability software)

LeapIn (Estonian accounting & business

Payoneer

PayPal

 

Other Resources

Pope Francis becomes an Estonian e-resident

Become an e-resident of Estonia

Don’t forget to get even more great episodes and resources to help you break out of the Matrix and grow your own remote empire at the Remotepreneurs website.

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Author

Filip Stankovski

I'm a top rated sales freelancer on Upwork and Level 2 Seller on Fiverr. I believe that the new entrepreneurs are remotepreneurs and the purpose of the podcast is to teach people how to adjust to the new future of doing business - REMOTELY!

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