Scroll to top

Read Our Blog

Knowledge center

Find your answers in our Knowledge Center – we cover topics related to e-residency, tax, legal, business and blockchain.

e-Residency

Estonian e-Residency – the FULL guide (2020)

Estonian e-Residency – the FULL guide (2020)

Estonian e-Residency program was launched in 2014, and in early April 2020, we have around 12 000 Estonian companies registered by e-residents around the world.…

April 9, 2020
Crisis: Regulatory adjustments in Estonia in regards to COVID-19 (2020)

Crisis: Regulatory adjustments in Estonia in regards to COVID-19 (2020)

On 12 of March, the Government of Estonia declared an emergency situation until 1 May 2020, due to the worldwide pandemic of Coronavirus COVID-19 and the threat…

April 5, 2020
Opening a bank account in EU – mission impossible?

Opening a bank account in EU – mission impossible?

If you are not a resident of an EU country and want to open a personal bank account, or if you are a management board member of the EU company, but you reside elsewhere,…

March 25, 2020
You can now sell company shares abroad

You can now sell company shares abroad

It doesn’t seem to be much of a news at first, because you’ve always been able to sell Estonian company shares remotely using the power of attorneys. However,…

February 10, 2020
Company is not the main dish?

Company is not the main dish?

At Comistar, the mother company of BankApply, we have regular weekly business discussions. We discuss what’s happening to the business, where we are heading,…

January 30, 2020
Introducing BankApply - Bank Account Opening in Europe Simplified

Introducing BankApply - Bank Account Opening in Europe Simplified

Last week we wrote about problems opening bank accounts in Europe. This week, we’re going to write about the solution we’ve built to help businesses and natural…

January 20, 2020
Miniseries: Founder-Product-Market Fit

Miniseries: Founder-Product-Market Fit

Tech billionaire Naval Ravikant says you need a founder/product/market fit (instead of the more famous concept product/market fit developed and named by Andy Rachleff,…

January 13, 2020
Opening Bank Account in Europe?

Opening Bank Account in Europe?

It’s widely known in the entrepreneur community in Europe that opening a bank account in Europe (and elsewhere) these days can be very difficult. Due to several…

December 31, 2019
Shooting bullets or cannonballs?

Shooting bullets or cannonballs?

I recently ready a book by Jim Collins called “Great by Choice”. Mr. Collins has written several other great books, of which “Good to Great” is perhaps…

December 23, 2019
Registering a Public Limited Company in Estonia

Registering a Public Limited Company in Estonia

This post was first published on our Medium publication. It’s not very often that a public limited company (Aktsiaselts, or AS) type of legal entities are…

December 11, 2019
Run your company in Europe. Estonian e-Residency: 10 000 businesses strong!

Run your company in Europe. Estonian e-Residency: 10 000 businesses strong!

This post was first published at Comistar's Medium publication. In November 2019 the number of companies created by e-residents exceeded 10 000. It’s an impressive…

November 26, 2019
The Expectations & Reality Of A “Traditional” Businesses

The Expectations & Reality Of A “Traditional” Businesses

This blog post was first published on our Medium publication. Operating a business as we do, where we consult and advise entrepreneurs (legal, tax, business),…

October 23, 2019
Agora Financial Copywriting Method

Agora Financial Copywriting Method

In this blog post, we’re going to cover something we learned a few years ago from a mini-course we bought from a marketing guru named Todd Brown. We think he’s…

September 25, 2019
How to change the Estonian company name in the Estonian business portal.

How to change the Estonian company name in the Estonian business portal.

Changing the Estonian company name is something that not many entrepreneurs do, but sometimes it’s necessary, even if it’s only because you don’t like the…

August 23, 2019
Case Study: Going from Zero to One

Case Study: Going from Zero to One

This post was originally published on our Medium channel. Please read the original article by clicking here. Summer has taken its toll on our writing efforts.…

August 9, 2019
Security Tokens:  The New Crypto Megatrend to disrupt the Financial Industry or Just Empty Hype?

Security Tokens: The New Crypto Megatrend to disrupt the Financial Industry or Just Empty Hype?

This is the headline of the e-book which was published few days ago by Mikk Maal, the country manager of Comistar Estonia. You can download the book from the link…

July 17, 2019
Estonia on the frontline of tech

Estonia on the frontline of tech

In this short blog post I would like to direct you to an article recently published by BBC. In this article, BBC analyses different countries on their digital advancements,…

July 9, 2019
How to understand AML requirements?

How to understand AML requirements?

AML regulations are getting tighter all the time. When you deal with any bank in Europe it's obvious that the AML regulations are already unproportional for most…

June 20, 2019
Can I buy 10 years of your time?

Can I buy 10 years of your time?

This story was first published on our Medium channel. Imagine you’re sitting in a room. You’re not alone — there are 50 other people in their 20s…

June 14, 2019
What's the purpose of your accountant?

What's the purpose of your accountant?

The answer to this question seems to be obvious - to do the administrative chores! You want to get the taxes right, declarations submitted on time, and answers…

June 5, 2019
AML Officer for Crypto exchanges

AML Officer for Crypto exchanges

This post was first published on Comistar Medium channel. Crypto exchanges registered in Estonia are experiencing uncertain times. This is due to change of AML…

May 30, 2019
Starting Our Videoblog

Starting Our Videoblog

At the end of 2018 we were at the office planning out our key activities for 2019. One of the main ideas was to start our video blog or channel on Youtube. Why?…

May 30, 2019
Shareholder Agreement for e-Residency companies

Shareholder Agreement for e-Residency companies

Most of the e-residency companies are one-man companies. It’s no surprise, as the e-residency concept appeals to digital nomads and freelancers - e-residency…

May 14, 2019
Visiting Tallinn? Stay in some of the best hotels

Visiting Tallinn? Stay in some of the best hotels

When you travel, generally a big part of the experience is a cozy place to spend your nights. As we'd like to see more and more e-residents visiting Tallinn, we've…

April 25, 2019
Getting better is not getting better at what you do

Getting better is not getting better at what you do

OK - I know what you’re thinking. The headline doesn't seem to make much sense, but let me explain. When companies are trying to improve, then in many cases…

March 23, 2019
VAT, digital services, and Brexit

VAT, digital services, and Brexit

European Union has a VAT scheme for digital services which applies to all Member States - it's called MOSS. MOSS simplifies VAT reporting for companies providing…

March 19, 2019
Comistar featured on FinTech Times

Comistar featured on FinTech Times

Comistar Estonia and the CEO Mikk Maal were featured in the March edition of FinTech Times next to the interviews with LHV and e-Residency program! This sort of…

March 6, 2019
Don't be Blackberry

Don't be Blackberry

Remember Blackberry? Blackberry was the best and the most popular smartphone in the market. It was a status symbol. Blackberry's biggest value add…

March 1, 2019
Dissolving Estonian Company – Appointing Liquidator

Dissolving Estonian Company – Appointing Liquidator

Sometimes the plans will not work out. Business does not get off the ground as planned. Or the e-residency and Estonian company just aren’t as beneficial for your…

February 19, 2019
Opening our office in LA and re-designing website

Opening our office in LA and re-designing website

This blog post is a short update on some of the things that have occupied our time lately. First, we’re opening our office in the United States, Los Angeles,…

February 11, 2019
e-Residency and Security Token Offerings

e-Residency and Security Token Offerings

Both concepts, the e-Residency program and the token offerings have similar underlying principles. To simplify, bring down the costs, and to enable doing everything…

January 18, 2019
How to apply for the VAT number tutorial

How to apply for the VAT number tutorial

In this post we will give you a detailed tutorial on how to register a VAT number in Estonia. First, you have to go to the Tax & Customs Board website: www.emta.ee…

January 11, 2019
Which expenses the Estonian company can pay for?

Which expenses the Estonian company can pay for?

There are some questions which our clients have always asked us throughout the years. One that usually pops up is about fringe benefits. Below, we will explain what…

January 9, 2019
Investment Firm License in Estonia & Europe

Investment Firm License in Estonia & Europe

Disclaimer: This post does not constitute legal advice and does not establish an attorney-client relationship. We get a lot of inquiries from entrepreneurs who…

December 19, 2018
2018 International Tax Competitiveness Index

2018 International Tax Competitiveness Index

Estonia has once again topped the International Tax Competitiveness Index. Our neighbour, Latvia, has made a big leap to a second place. It's no wonder, they have…

December 19, 2018
New Service: e-Residency Legal Membership Club

New Service: e-Residency Legal Membership Club

As our legal team was just upgraded by a now ex-Deloitte Estonia lawyer, we're stepping up our legal support game for e-residents. Comistar Estonia is launching…

December 6, 2018
Announcing partnerships for our e-commerce clients

Announcing partnerships for our e-commerce clients

As we are on-boarding more and more e-commerce clients we would like to announce that we’ve struck partnerships with local firms in the UK and Germany to report…

November 21, 2018
Mistakes To Avoid As  An e-Residency Company

Mistakes To Avoid As An e-Residency Company

A fair warning before you invest 2 minutes of your precious time: this post has nothing to do with the taxes or compliance for e-residents. This is a short post…

November 15, 2018
Registering for the VAT

Registering for the VAT

As an e-Resident, you can log on to the Estonian e-tax office and give rights to your bookkeeper (to submit the monthly declarations), as well as apply for the VAT…

October 17, 2018
Payments / e-residency companies

Payments / e-residency companies

Let's talk about payments. Most of the e-residents do online businesses, whether it's an e-commerce business, consultancy, design or something else - almost always…

September 29, 2018
Banking for e-residents

Banking for e-residents

Banking is definitely the biggest headache for most of the e-residents. Due to the AML regulations, Estonian banks are reluctant to work with non-residents. Though…

September 29, 2018
Reminder for e-residency companies

Reminder for e-residency companies

Building a business is hard work. It takes time, many hours of work, setbacks, luck, and the most importantly, many small wins to get to the point you want to be. I've…

September 27, 2018
The hidden benefit of e-Residency

The hidden benefit of e-Residency

The e-Residency program has a lot of benefits for entrepreneurs around the world. Not only for the digital nomads, but also for the businesses stuck in the horrendous…

March 16, 2018
Basics Of Great (e-Residency) Companies

Basics Of Great (e-Residency) Companies

It's an exciting moment when you first receive your e-Residency card. You're now part of the community, and moreover, you can now finally start your e-business. Whether…

March 1, 2018
FAQs from Estonian E-residents

FAQs from Estonian E-residents

This post about Estonian e-resident s was first published on Medium.com. To avoid duplicate content (Google does not like that), I have added a link to a full article…

February 18, 2016
Estonian E-residency — The Full Guide To Digital Nomads

Estonian E-residency — The Full Guide To Digital Nomads

Estonian e-residency This post about estonian e-residency was first published on Medium.com. To avoid duplicate content (Google does not like that), I have added…

February 18, 2016

Blockchain

Cryptocurrency license requirements in Estonia (2020 updates)

Cryptocurrency license requirements in Estonia (2020 updates)

New AML rules came into force on 10 March 2020 for cryptocurrency licensed businesses in Estonia. Now there is one unified license for a virtual currency service…

March 24, 2020
Starting a Crypto Business During Coronavirus crisis?

Starting a Crypto Business During Coronavirus crisis?

A pandemic has been declared by the World Health Organization almost 2 weeks ago. Many countries have decided to close their borders and declared a quarantine for…

March 19, 2020
Why Estonian crypto licenses are still valuable

Why Estonian crypto licenses are still valuable

The Estonian crypto regulations are about to change, which we already wrote about in late December last year. From 10th of March 2020, all new applicants have to…

February 28, 2020
ICO/IEO in Estonia in 2020?

ICO/IEO in Estonia in 2020?

It’s 2020, and the ICO madness of 2017 is slowly slipping into the memories. At least for those who did not lose a considerable amount of money. It’s obvious…

January 17, 2020
Opening Bank Account in Europe?

Opening Bank Account in Europe?

It’s widely known in the entrepreneur community in Europe that opening a bank account in Europe (and elsewhere) these days can be very difficult. Due to several…

December 31, 2019
Setting up an investment fund / platform in Europe?

Setting up an investment fund / platform in Europe?

This post was first published on our Medium publication. Click to read it here. It’s not only E-money Institutions and Payment Institutions that have seen…

November 1, 2019
Overview Of Estonian (Financial) Licenses

Overview Of Estonian (Financial) Licenses

One of the things that you’d like to avoid as a starting business is any sort of conflict with the authorities. Even more so in a foreign country, as you have…

October 3, 2019
Launch of the ProspectusApp

Launch of the ProspectusApp

This post was first published on our Medium publication. In our continuous pursuit of providing more value to the entrepreneurs and SMEs, we’re super happy…

September 6, 2019
Security Tokens:  The New Crypto Megatrend to disrupt the Financial Industry or Just Empty Hype?

Security Tokens: The New Crypto Megatrend to disrupt the Financial Industry or Just Empty Hype?

This is the headline of the e-book which was published few days ago by Mikk Maal, the country manager of Comistar Estonia. You can download the book from the link…

July 17, 2019
Buying Company With Crypto Licenses? Think Twice.

Buying Company With Crypto Licenses? Think Twice.

In this video I'll briefly discuss and highlight some of the reasons why buying an Estonian company with existing crypto licenses may not be a good idea - unless…

June 21, 2019
How to understand AML requirements?

How to understand AML requirements?

AML regulations are getting tighter all the time. When you deal with any bank in Europe it's obvious that the AML regulations are already unproportional for most…

June 20, 2019
AML Officer for Crypto exchanges

AML Officer for Crypto exchanges

This post was first published on Comistar Medium channel. Crypto exchanges registered in Estonia are experiencing uncertain times. This is due to change of AML…

May 30, 2019
Update on the crypto licensing process

Update on the crypto licensing process

NB! UPDATE 2019 December: At this moment no new regulations have been passed. The changes are expected to happen in 2020. Recently, Estonian FIU has added a…

April 30, 2019
Opening A Security Token Exchange in Europe?

Opening A Security Token Exchange in Europe?

This blog post was first published on our Medium Channel. To read the full post, please click here. Security token market is gaining more and more traction.…

April 22, 2019
Why Invest In Security Tokens?

Why Invest In Security Tokens?

I’ve thought about it quite a lot — from a bit different angle than most. My angle has been why would an American investor be interested in the European…

March 25, 2019
Comistar featured on FinTech Times

Comistar featured on FinTech Times

Comistar Estonia and the CEO Mikk Maal were featured in the March edition of FinTech Times next to the interviews with LHV and e-Residency program! This sort of…

March 6, 2019
Simplifying Prospectus Requirements — Growth Prospectus

Simplifying Prospectus Requirements — Growth Prospectus

This article was published on our Medium channel. Please click here to read the full post. Growth prospectus is for SMEs (small and medium-sized enterprises)…

February 27, 2019
Tokenizing Political Party

Tokenizing Political Party

This post was first published in the Comistar Medium Channel. Please click here to read the full post.  This post is not an expression of political views or…

February 20, 2019
e-Residency and Security Token Offerings

e-Residency and Security Token Offerings

Both concepts, the e-Residency program and the token offerings have similar underlying principles. To simplify, bring down the costs, and to enable doing everything…

January 18, 2019
Prospectus Requirements For STOs In The European Union

Prospectus Requirements For STOs In The European Union

Disclaimer: This post does not constitute legal advice and does not establish an attorney-client relationship. This post was first published on our Medium channel.…

December 17, 2018
Difference between IPOs and STOs

Difference between IPOs and STOs

This post was first published on our Medium channel. Please click here to read the full post.  During our sales meetings, we sometimes spend the first ten minutes…

December 12, 2018
ICOs, Security Tokens and Public Offering Regulations

ICOs, Security Tokens and Public Offering Regulations

This post was published on our Medium channel. To read the full post, please click here.  Crypto industry moves so quickly that it seems like years ago when…

November 28, 2018
Security Tokens As Airdrops?

Security Tokens As Airdrops?

Giving away tokens for free - which is called an airdrop - has gained popularity. It means the company isn't raising capital by doing the ICO, but rather wants to…

October 3, 2018
Our STO services are now available

Our STO services are now available

Comistar has now launched it's own security token issuing platform - www.tokenizeu.com It's a convenient way to tokenize assets and raise capital for e-residency…

September 29, 2018
How to obtain Crypto Licenses in Estonia

How to obtain Crypto Licenses in Estonia

In this blog post we go over the processes and requirements of obtaining two licenses in Estonia which allow companies to do crypto business. The two licenses are…

September 3, 2018
Security Token Offering in Estonia?

Security Token Offering in Estonia?

This blog post was first published on our Medium channel. We'll put the excerpt here, but for the full article, please click in this link to read the full article…

August 13, 2018
Estonia - the most ICOs per capita

Estonia - the most ICOs per capita

Our friends at btxchange.io have created an excellent infographic on the funding of ICOs in the recent years. And the most ICOs per capita? Estonia. This is a…

May 26, 2018
Opening an exchange business? Read this first

Opening an exchange business? Read this first

Running a cryptocurrency exchange is one of the trendy businesses that many see as a lucrative and exciting opportunity to jump on. And why not? The exchanges…

April 10, 2018
Before an ICO...

Before an ICO...

It seems the biggest ICO craze is past us when companies were raising ludicrous amounts of money even for the most ridiculous projects. The market has sobered a…

March 24, 2018
Mining Cryptocurrencies

Mining Cryptocurrencies

In 2018 everyone knows what is cryptocurrency mining. It's popular business endeavor because it's profitable. Of course, it depends on what you mine, costs, and…

February 9, 2018
Cryptocurrency Exchange License

Cryptocurrency Exchange License

The cryptocurrency trend is moving forward at a full pace. New crypto businesses are popping up everywhere. One of the biggest trends and business opportunities…

February 7, 2018
ICO guidelines in Estonia

ICO guidelines in Estonia

We at Comistar are big proponents of cryptocurrencies and blockchain technology. ICO (Initial Coin Offering) has become a buzzword around the world, and preferred…

February 18, 2016

Tax & Legal

Estonian e-Residency – the FULL guide (2020)

Estonian e-Residency – the FULL guide (2020)

Estonian e-Residency program was launched in 2014, and in early April 2020, we have around 12 000 Estonian companies registered by e-residents around the world.…

April 9, 2020
Crisis: Regulatory adjustments in Estonia in regards to COVID-19 (2020)

Crisis: Regulatory adjustments in Estonia in regards to COVID-19 (2020)

On 12 of March, the Government of Estonia declared an emergency situation until 1 May 2020, due to the worldwide pandemic of Coronavirus COVID-19 and the threat…

April 5, 2020
Cryptocurrency license requirements in Estonia (2020 updates)

Cryptocurrency license requirements in Estonia (2020 updates)

New AML rules came into force on 10 March 2020 for cryptocurrency licensed businesses in Estonia. Now there is one unified license for a virtual currency service…

March 24, 2020
Why Estonian crypto licenses are still valuable

Why Estonian crypto licenses are still valuable

The Estonian crypto regulations are about to change, which we already wrote about in late December last year. From 10th of March 2020, all new applicants have to…

February 28, 2020
You can now sell company shares abroad

You can now sell company shares abroad

It doesn’t seem to be much of a news at first, because you’ve always been able to sell Estonian company shares remotely using the power of attorneys. However,…

February 10, 2020
How much does it cost to start an online bank like Revolut or TransferWise?

How much does it cost to start an online bank like Revolut or TransferWise?

It seems like everybody wants to be in the money business and make their online bank. We’re getting a lot of enquiries from entrepreneurs looking to get the electronic…

January 21, 2020
AISP/PISP explained

AISP/PISP explained

This post was first published on our our Medium channel. Open Banking initiative has been driving a big change in the banking landscape in Europe since January…

January 16, 2020
Registering a Public Limited Company in Estonia

Registering a Public Limited Company in Estonia

This post was first published on our Medium publication. It’s not very often that a public limited company (Aktsiaselts, or AS) type of legal entities are…

December 11, 2019
Register a Small Alternative Investment Fund in Estonia

Register a Small Alternative Investment Fund in Estonia

This post was first published at Comistar Medium Publication I am not sure if it’s due to good times we’ve had economically for the last 10 odd years, but…

November 25, 2019
Setting up an investment fund / platform in Europe?

Setting up an investment fund / platform in Europe?

This post was first published on our Medium publication. Click to read it here. It’s not only E-money Institutions and Payment Institutions that have seen…

November 1, 2019
CFC Rules & Permanent Establishment

CFC Rules & Permanent Establishment

This post was first published on our Medium Publication. Click here to read. Many entrepreneurs are registering their companies in jurisdictions like Estonia…

October 30, 2019
Overview Of Estonian (Financial) Licenses

Overview Of Estonian (Financial) Licenses

One of the things that you’d like to avoid as a starting business is any sort of conflict with the authorities. Even more so in a foreign country, as you have…

October 3, 2019
Launch of the ProspectusApp

Launch of the ProspectusApp

This post was first published on our Medium publication. In our continuous pursuit of providing more value to the entrepreneurs and SMEs, we’re super happy…

September 6, 2019
Difference between E-money Institutions and Payment Institutions in Europe

Difference between E-money Institutions and Payment Institutions in Europe

This post was first published on our Medium publication. Many companies contact us in pursuit of starting their brand new FinTech venture or because they’re…

September 5, 2019
How to change the Estonian company name in the Estonian business portal.

How to change the Estonian company name in the Estonian business portal.

Changing the Estonian company name is something that not many entrepreneurs do, but sometimes it’s necessary, even if it’s only because you don’t like the…

August 23, 2019
Advertising Law Toolkit

Advertising Law Toolkit

We're going to share a Google Drive link to a toolkit which was prepared by a US-based law firm Venables LLP. We have no affiliation nor any business relationship…

June 25, 2019
Buying Company With Crypto Licenses? Think Twice.

Buying Company With Crypto Licenses? Think Twice.

In this video I'll briefly discuss and highlight some of the reasons why buying an Estonian company with existing crypto licenses may not be a good idea - unless…

June 21, 2019
How to understand AML requirements?

How to understand AML requirements?

AML regulations are getting tighter all the time. When you deal with any bank in Europe it's obvious that the AML regulations are already unproportional for most…

June 20, 2019
AML Officer for Crypto exchanges

AML Officer for Crypto exchanges

This post was first published on Comistar Medium channel. Crypto exchanges registered in Estonia are experiencing uncertain times. This is due to change of AML…

May 30, 2019
Shareholder Agreement for e-Residency companies

Shareholder Agreement for e-Residency companies

Most of the e-residency companies are one-man companies. It’s no surprise, as the e-residency concept appeals to digital nomads and freelancers - e-residency…

May 14, 2019
Update on the crypto licensing process

Update on the crypto licensing process

NB! UPDATE 2019 December: At this moment no new regulations have been passed. The changes are expected to happen in 2020. Recently, Estonian FIU has added a…

April 30, 2019
Opening A Security Token Exchange in Europe?

Opening A Security Token Exchange in Europe?

This blog post was first published on our Medium Channel. To read the full post, please click here. Security token market is gaining more and more traction.…

April 22, 2019
VAT, digital services, and Brexit

VAT, digital services, and Brexit

European Union has a VAT scheme for digital services which applies to all Member States - it's called MOSS. MOSS simplifies VAT reporting for companies providing…

March 19, 2019
Comistar featured on FinTech Times

Comistar featured on FinTech Times

Comistar Estonia and the CEO Mikk Maal were featured in the March edition of FinTech Times next to the interviews with LHV and e-Residency program! This sort of…

March 6, 2019
Simplifying Prospectus Requirements — Growth Prospectus

Simplifying Prospectus Requirements — Growth Prospectus

This article was published on our Medium channel. Please click here to read the full post. Growth prospectus is for SMEs (small and medium-sized enterprises)…

February 27, 2019
Dissolving Estonian Company – Appointing Liquidator

Dissolving Estonian Company – Appointing Liquidator

Sometimes the plans will not work out. Business does not get off the ground as planned. Or the e-residency and Estonian company just aren’t as beneficial for your…

February 19, 2019
e-Residency and Security Token Offerings

e-Residency and Security Token Offerings

Both concepts, the e-Residency program and the token offerings have similar underlying principles. To simplify, bring down the costs, and to enable doing everything…

January 18, 2019
How to apply for the VAT number tutorial

How to apply for the VAT number tutorial

In this post we will give you a detailed tutorial on how to register a VAT number in Estonia. First, you have to go to the Tax & Customs Board website: www.emta.ee…

January 11, 2019
Which expenses the Estonian company can pay for?

Which expenses the Estonian company can pay for?

There are some questions which our clients have always asked us throughout the years. One that usually pops up is about fringe benefits. Below, we will explain what…

January 9, 2019
Investment Firm License in Estonia & Europe

Investment Firm License in Estonia & Europe

Disclaimer: This post does not constitute legal advice and does not establish an attorney-client relationship. We get a lot of inquiries from entrepreneurs who…

December 19, 2018
2018 International Tax Competitiveness Index

2018 International Tax Competitiveness Index

Estonia has once again topped the International Tax Competitiveness Index. Our neighbour, Latvia, has made a big leap to a second place. It's no wonder, they have…

December 19, 2018
Prospectus Requirements For STOs In The European Union

Prospectus Requirements For STOs In The European Union

Disclaimer: This post does not constitute legal advice and does not establish an attorney-client relationship. This post was first published on our Medium channel.…

December 17, 2018
Difference between IPOs and STOs

Difference between IPOs and STOs

This post was first published on our Medium channel. Please click here to read the full post.  During our sales meetings, we sometimes spend the first ten minutes…

December 12, 2018
New Service: e-Residency Legal Membership Club

New Service: e-Residency Legal Membership Club

As our legal team was just upgraded by a now ex-Deloitte Estonia lawyer, we're stepping up our legal support game for e-residents. Comistar Estonia is launching…

December 6, 2018
ICOs, Security Tokens and Public Offering Regulations

ICOs, Security Tokens and Public Offering Regulations

This post was published on our Medium channel. To read the full post, please click here.  Crypto industry moves so quickly that it seems like years ago when…

November 28, 2018
Announcing partnerships for our e-commerce clients

Announcing partnerships for our e-commerce clients

As we are on-boarding more and more e-commerce clients we would like to announce that we’ve struck partnerships with local firms in the UK and Germany to report…

November 21, 2018
Registering for the VAT

Registering for the VAT

As an e-Resident, you can log on to the Estonian e-tax office and give rights to your bookkeeper (to submit the monthly declarations), as well as apply for the VAT…

October 17, 2018
Security Tokens As Airdrops?

Security Tokens As Airdrops?

Giving away tokens for free - which is called an airdrop - has gained popularity. It means the company isn't raising capital by doing the ICO, but rather wants to…

October 3, 2018
Our STO services are now available

Our STO services are now available

Comistar has now launched it's own security token issuing platform - www.tokenizeu.com It's a convenient way to tokenize assets and raise capital for e-residency…

September 29, 2018
E-Money License in Estonia

E-Money License in Estonia

500 million consumers and some 20 million businesses are operating in the EU. Fintech industry is booming in Europe. When we talk about "online banks", we usually…

September 12, 2018
How to obtain Crypto Licenses in Estonia

How to obtain Crypto Licenses in Estonia

In this blog post we go over the processes and requirements of obtaining two licenses in Estonia which allow companies to do crypto business. The two licenses are…

September 3, 2018
Security Token Offering in Estonia?

Security Token Offering in Estonia?

This blog post was first published on our Medium channel. We'll put the excerpt here, but for the full article, please click in this link to read the full article…

August 13, 2018
Cryptocurrency Exchange License

Cryptocurrency Exchange License

The cryptocurrency trend is moving forward at a full pace. New crypto businesses are popping up everywhere. One of the biggest trends and business opportunities…

February 7, 2018
FAQs from Estonian E-residents

FAQs from Estonian E-residents

This post about Estonian e-resident s was first published on Medium.com. To avoid duplicate content (Google does not like that), I have added a link to a full article…

February 18, 2016
ICO guidelines in Estonia

ICO guidelines in Estonia

We at Comistar are big proponents of cryptocurrencies and blockchain technology. ICO (Initial Coin Offering) has become a buzzword around the world, and preferred…

February 18, 2016

Business

Estonian e-Residency – the FULL guide (2020)

Estonian e-Residency – the FULL guide (2020)

Estonian e-Residency program was launched in 2014, and in early April 2020, we have around 12 000 Estonian companies registered by e-residents around the world.…

April 9, 2020
Crisis: Regulatory adjustments in Estonia in regards to COVID-19 (2020)

Crisis: Regulatory adjustments in Estonia in regards to COVID-19 (2020)

On 12 of March, the Government of Estonia declared an emergency situation until 1 May 2020, due to the worldwide pandemic of Coronavirus COVID-19 and the threat…

April 5, 2020
Miniseries: Crisis times reveal people of value

Miniseries: Crisis times reveal people of value

The coronavirus crisis is affecting every business. Few businesses will see their sales spike, while most are facing difficulties and even bankruptcies. It's…

March 25, 2020
Opening a bank account in EU – mission impossible?

Opening a bank account in EU – mission impossible?

If you are not a resident of an EU country and want to open a personal bank account, or if you are a management board member of the EU company, but you reside elsewhere,…

March 25, 2020
Starting a Crypto Business During Coronavirus crisis?

Starting a Crypto Business During Coronavirus crisis?

A pandemic has been declared by the World Health Organization almost 2 weeks ago. Many countries have decided to close their borders and declared a quarantine for…

March 19, 2020
Miniseries: Say “No” often and structure your life carefully to avoid stress

Miniseries: Say “No” often and structure your life carefully to avoid stress

You don’t have to be a “no-man” and miss out on great opportunities, but saying “no” to most things enables you to structure your life in a way that doesn’t…

February 28, 2020
Miniseries: Don’t upgrade your life too quickly

Miniseries: Don’t upgrade your life too quickly

With growing income we usually upgrade our lives accordingly. We buy new cars, move to bigger apartments, and shop for more expensive clothes. While I fully…

February 20, 2020
Miniseries: Don’t base your decisions on the first-order thinking.

Miniseries: Don’t base your decisions on the first-order thinking.

A lot of time when people react to a problem they use first-order thinking. This means solving the immediate problem without considering the consequences. If you…

February 13, 2020
Miniseries: Be in a position to negotiate

Miniseries: Be in a position to negotiate

Being in a position to negotiate means being in a position where you have options. The party at the negotiation table who needs the deal more or who has less options,…

February 12, 2020
Miniseries: Taking Ownership

Miniseries: Taking Ownership

Ownership and accountability is something we talk a lot about during our business advisory sessions. As an entrepreneur, you’re accountable for everything happening…

February 11, 2020
Miniseries: Jumping between projects

Miniseries: Jumping between projects

As a creative person and an entrepreneur you may have tons of ideas you’d like to pursue at all times. Jumping between projects isn’t productive, so how do…

February 10, 2020
Miniseries: Increasing the value of your offer

Miniseries: Increasing the value of your offer

A lot of marketing money is wasted if the product or service that you offer is not compelling enough.  No copy, marketing idea, campaign, or approach can help…

February 7, 2020
Miniseries: Must do's vs like to do's

Miniseries: Must do's vs like to do's

Everyone has things they must do and things they like to do. Mixing up these two is one of the worst sins you can do as an entrepreneur.  Generally, the things…

February 5, 2020
Miniseries: The shame of wasting money

Miniseries: The shame of wasting money

I recently read a quote that made a lot of sense. It’s something that should resonate with all people who are looking to live a meaningful life and do something…

February 4, 2020
Miniseries: What your prospects believe about your service?

Miniseries: What your prospects believe about your service?

We all believe something about different products or services we consume. We don’t usually think about what we believe about the companies or products around…

February 3, 2020
Miniseries: The fastest way to raise your level of performance

Miniseries: The fastest way to raise your level of performance

Cut your number of commitments in half.  Busy mind and busy calendar means you don’t have time to focus, reflect, adjust or improve. Busy mind can’t create…

January 30, 2020
Company is not the main dish?

Company is not the main dish?

At Comistar, the mother company of BankApply, we have regular weekly business discussions. We discuss what’s happening to the business, where we are heading,…

January 30, 2020
Miniseries: Do you know the secret desires of your clients?

Miniseries: Do you know the secret desires of your clients?

Every business owner should know the secret desires of their clients. The whole marketing message should revolve around these desires.  If someone buys a high-end…

January 30, 2020
Miniseries: You need to improve today to be able to innovate for tomorrow

Miniseries: You need to improve today to be able to innovate for tomorrow

You have to improve (your core business) today in order to innovate for tomorrow. Otherwise, you won’t have money to bring your innovation to life. While it…

January 29, 2020
Miniseries:  Set your desired daily value for activities

Miniseries: Set your desired daily value for activities

List all daily activities (in your business) and assign a monetary value to each one. Ruthlessly delegate or cut low value activities. A lot of social media…

January 28, 2020
Miniseries: Sell the Main Course

Miniseries: Sell the Main Course

Some business ideas aren’t worth going after because there’s no money-making opportunity.  For example, a lot of online businesses are built around some…

January 27, 2020
Miniseries: Seek Advice

Miniseries: Seek Advice

Many entrepreneurs struggle to get help from other people. I don’t think it’s a pride thing, it’s rather being accustomed to being self-reliant.  As…

January 24, 2020
Miniseries: Be a paranoid CEO.

Miniseries: Be a paranoid CEO.

It pays to be a bit paranoid as a CEO. You have to feel constant threat of going out of business, competitors, disruption of your industry. Once you get complacent,…

January 23, 2020
Miniseries: Allocate Capital

Miniseries: Allocate Capital

As a business owner, your main focus should be on the capital allocation. Capital not only enables you to survive bad times, but it enables you to invest and build…

January 22, 2020
Miniseries: Don’t let the monster that you fear be bigger than you are as a warrior.

Miniseries: Don’t let the monster that you fear be bigger than you are as a warrior.

Many entrepreneurs settle for lesser goals because they’re afraid. Afraid of failing, afraid of what other people think of them, afraid of not having enough skills,…

January 21, 2020
Miniseries: Invest in people.  Sacrifice short term profitability if you need to.

Miniseries: Invest in people. Sacrifice short term profitability if you need to.

One of the biggest mistakes you can do as an entrepreneur is trying to do everything by yourself. When you’re starting out ort running a small business, it seems…

January 20, 2020
Introducing BankApply - Bank Account Opening in Europe Simplified

Introducing BankApply - Bank Account Opening in Europe Simplified

Last week we wrote about problems opening bank accounts in Europe. This week, we’re going to write about the solution we’ve built to help businesses and natural…

January 20, 2020
Miniseries: You can't predict the future

Miniseries: You can't predict the future

You can’t predict the future because you can’t predict what you don’t know. For example, how can you predict the future if you don’t know what kind of technological…

January 17, 2020
Miniseries: Building a sustainable business

Miniseries: Building a sustainable business

Building a sustainable business isn’t about one big client, one big sale, or one successful marketing campaign. It’s small consistent actions every day.  While…

January 16, 2020
Miniseries: Can you pay to acquire new clients?

Miniseries: Can you pay to acquire new clients?

Until you can pay for the acquisition of new customers, you don't really have a business. If you can’t pay for traffic to acquire new customers, you will…

January 15, 2020
Miniseries: Worse than failure?

Miniseries: Worse than failure?

It’s a natural tendency for people to not want to fail, as failure by essence is trying and not succeeding. As a consequence, we often decide not to try at all,…

January 14, 2020
Miniseries: Founder-Product-Market Fit

Miniseries: Founder-Product-Market Fit

Tech billionaire Naval Ravikant says you need a founder/product/market fit (instead of the more famous concept product/market fit developed and named by Andy Rachleff,…

January 13, 2020
Miniseries: Build Your MVP

Miniseries: Build Your MVP

You’ve decided to start a company with your newly acquired e-residency card. You’ve had it with the 9-5 job, and you have a dream about running your own business.…

January 11, 2020
Opening Bank Account in Europe?

Opening Bank Account in Europe?

It’s widely known in the entrepreneur community in Europe that opening a bank account in Europe (and elsewhere) these days can be very difficult. Due to several…

December 31, 2019
Shooting bullets or cannonballs?

Shooting bullets or cannonballs?

I recently ready a book by Jim Collins called “Great by Choice”. Mr. Collins has written several other great books, of which “Good to Great” is perhaps…

December 23, 2019
The Expectations & Reality Of A “Traditional” Businesses

The Expectations & Reality Of A “Traditional” Businesses

This blog post was first published on our Medium publication. Operating a business as we do, where we consult and advise entrepreneurs (legal, tax, business),…

October 23, 2019
Agora Financial Copywriting Method

Agora Financial Copywriting Method

In this blog post, we’re going to cover something we learned a few years ago from a mini-course we bought from a marketing guru named Todd Brown. We think he’s…

September 25, 2019
Estonia — A Startup Hub Or A Hub For Money Laundering?

Estonia — A Startup Hub Or A Hub For Money Laundering?

This post was first published on our Medium Channel. Click here to read the whole story. The last couple of years have been a mixed bag for the Estonian public…

September 2, 2019
Case Study: Going from Zero to One

Case Study: Going from Zero to One

This post was originally published on our Medium channel. Please read the original article by clicking here. Summer has taken its toll on our writing efforts.…

August 9, 2019
Security Tokens:  The New Crypto Megatrend to disrupt the Financial Industry or Just Empty Hype?

Security Tokens: The New Crypto Megatrend to disrupt the Financial Industry or Just Empty Hype?

This is the headline of the e-book which was published few days ago by Mikk Maal, the country manager of Comistar Estonia. You can download the book from the link…

July 17, 2019
Can I buy 10 years of your time?

Can I buy 10 years of your time?

This story was first published on our Medium channel. Imagine you’re sitting in a room. You’re not alone — there are 50 other people in their 20s…

June 14, 2019
What's the purpose of your accountant?

What's the purpose of your accountant?

The answer to this question seems to be obvious - to do the administrative chores! You want to get the taxes right, declarations submitted on time, and answers…

June 5, 2019
Starting Our Videoblog

Starting Our Videoblog

At the end of 2018 we were at the office planning out our key activities for 2019. One of the main ideas was to start our video blog or channel on Youtube. Why?…

May 30, 2019
Getting better is not getting better at what you do

Getting better is not getting better at what you do

OK - I know what you’re thinking. The headline doesn't seem to make much sense, but let me explain. When companies are trying to improve, then in many cases…

March 23, 2019
Don't be Blackberry

Don't be Blackberry

Remember Blackberry? Blackberry was the best and the most popular smartphone in the market. It was a status symbol. Blackberry's biggest value add…

March 1, 2019
New Service: e-Residency Legal Membership Club

New Service: e-Residency Legal Membership Club

As our legal team was just upgraded by a now ex-Deloitte Estonia lawyer, we're stepping up our legal support game for e-residents. Comistar Estonia is launching…

December 6, 2018
Mistakes To Avoid As  An e-Residency Company

Mistakes To Avoid As An e-Residency Company

A fair warning before you invest 2 minutes of your precious time: this post has nothing to do with the taxes or compliance for e-residents. This is a short post…

November 15, 2018
Reminder for e-residency companies

Reminder for e-residency companies

Building a business is hard work. It takes time, many hours of work, setbacks, luck, and the most importantly, many small wins to get to the point you want to be. I've…

September 27, 2018
Opening an exchange business? Read this first

Opening an exchange business? Read this first

Running a cryptocurrency exchange is one of the trendy businesses that many see as a lucrative and exciting opportunity to jump on. And why not? The exchanges…

April 10, 2018
The hidden benefit of e-Residency

The hidden benefit of e-Residency

The e-Residency program has a lot of benefits for entrepreneurs around the world. Not only for the digital nomads, but also for the businesses stuck in the horrendous…

March 16, 2018

"Easily the best e-Residency service provider out there"