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Estonia ranks 18th out of countries in the World Bank Ease of Doing Business which is an indication of the favourable conditions for businesses Estonian Wi-Fi is the 22nd fastest in the world A highly educated workforce, well-prepared and motivated to drive your business forward Licensed Estonian crypto companies can offer their services outside of the country without having to apply for a new licence, provided that they comply with the requirements reinforced by the foreign authorities Estonia offers E-Residency cards, government-issued ID cards designed for digital signing which enables remote company formation and effective management the application fee is EUR The Estonian company registration portal is the fastest in the world The main piece of legislation governing company law in Estonia is the Commercial Code. Attorneys Seth Wilkinson and Jehiel I. In carrying out the exchange and transfer transaction, the Virtual Currency Service Provider of the transaction shall establish the identity of each customer in accordance with the provisions of Articles 21 and 22 of this Law and shall collect at least the following information, concerning the person who committed the transaction: 1 in the case of a natural person � name, unique transaction identifier, payment account or virtual money purse identifier, name and identity card number, as well as personal identification code or date of birth, place of birth and address of residence; When making a transaction for exchange and transfer of virtual currency, the virtual currency provider collects unique identification data of the transaction about the recipient of the virtual currency or transfer, as well as data of the payment account identifier or virtual money purse, if the payment account data or virtual currency wallet identifier is used for the transaction. How many crypto owners in Estonia? Representatives of regulatory bodies should send decisions on licenses and additional questions via e-mail on request.