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What's Our Blog About?
Greetings, eFinance explorers!
Now, you're probably wondering, what's all the fuss about? What's this blog of ours all about, eh?
Our blog, dear reader, is a treasure trove of business wisdom and entrepreneurial spirit. We delve into the heart of the business world, unearthing priceless insights that can help you navigate your entrepreneurial journey.
But that's not all! We also turn the spotlight on the oft-ignored aspect of entrepreneurship - mental health. In this gruelling world of startups and big businesses, the mind can take quite a beating, and we're here to address that. We bring you resources, advice, and empathetic stories that can guide you in maintaining a healthy mental balance even amidst the chaos.
And before you ask, yes, we promise to keep things fun and interesting! This isn't your run-of-the-mill, dull, corporate jargon-filled blog. We're here to inform, inspire, and occasionally indulge in some good-natured ribbing.
So whether you're a fledgling entrepreneur or a seasoned business magnate, we've got something for you.
Stick with us, and we'll embark on this exciting journey together.
Keep your eyes peeled and your minds open. Welcome to the blog!
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5 Critical Steps to Take While Waiting for Your e-Residency Card
Guidance, Support, and Strategic Planning to Ensure Your Success After submitting your e-Residency application, it’s time to prepare yourself, find the right service providers, and connect with the community. We understand that the 3-6 week wait for your e-Residency card can feel like an eternity. During this time, you’re not just waiting; you’re laying the foundation for your business. This is a crucial period, and we’re here to guide you through it with care and sincerity.
Erik "e-Res" Enthusiast
Aug 13, 20243 min read
Discover Barcelona’s Best Workspaces: A Guide for E-Residents and Digital Nomads
Top Spots in Barcelona to Get Work Done and Enjoy a Great Work Atmosphere
Luna "Lunar" Forbes
Aug 7, 20244 min read
How to Open a Revolut Business Account After Registering Your Company with eFinance
A Step-by-Step Guide to Setting Up Your Revolut Business Account Step 1: Registering Your Company with eFinance Before opening a Revolut Business account, you must first complete your company registration through eFinance . This service streamlines the registration process, ensuring it is efficient and straightforward. Once your company is registered, you can proceed to open a business account with Revolut. Step 2: Start Your Application To begin, visit the Revolut Business
eFinance
Jul 31, 20243 min read
24 Invoicing Mistakes to Avoid in Your Small Business
How to Ensure Timely Payments and Avoid Common Errors As a business owner, invoicing might seem like a straightforward task that doesn’t require much attention. However, proper invoicing is crucial if you want to maintain a healthy cash flow in your business. Simply sending a client an invoice stating the amount they owe is not enough. Avoid these 24 common invoicing mistakes to ensure you get paid on time and keep your business running smoothly. 1. Forgetting to Invoice It m
Hamilton "Hammy" Ledger
Jul 23, 20246 min read
How to Open a Paysera Business Account After Registering Your Company with eFinance
A Step-by-Step Guide to Setting Up Your Paysera Business Account Step 1: Registering Your Company with eFinance Before you can open a business account with Paysera, you need to complete your company registration through eFinance Solutions . This service simplifies the process, ensuring it is efficient and straightforward. Once your company is registered, you can proceed to open a bank account. Step 2: Creating a Personal Paysera Account Download the Paysera Super App : Availa
eFinance
Jul 16, 20245 min read
7 Critical Mistakes to Avoid When Starting Your Business
How to Successfully Start Your Business by Avoiding Common Pitfalls Launching a business is an exhilarating journey, but it's filled with potential pitfalls. By learning from the missteps of other entrepreneurs, you can save valuable time, money, and avoid unnecessary stress. Here are seven crucial mistakes to avoid to ensure your business thrives from the start. 1. Skipping a Business Plan A business plan isn't just a formality; it's a blueprint for success. It helps you map
Hamilton "Hammy" Ledger
Jul 10, 20243 min read
How to Open a Wise Business Account After Registering Your Company with eFinance
A Step-by-Step Guide to Setting Up Your Wise Business Account Step 1: Registering Your Company with eFinance Before you can open a business account with Wise, you need to complete your company registration through eFinance. This service streamlines the process, making it efficient and straightforward. Once your company is registered, you can proceed to open a bank account. Step 2: Opening a Wise Business Account Visit Wise's Website : Go to Wise "Create your Wise account"
eFinance
Jul 3, 20242 min read
Unlocking the Potential of e-Residency: Why Estonia is the Ideal Hub for Your Global Business
Clarifying Common Misunderstandings: The Realities of e-Residency Introduction In a world where digital innovation is rapidly transforming the way we conduct business, Estonia stands out as a pioneer with its e-Residency program. This unique initiative allows entrepreneurs from around the globe to establish and manage a location-independent business entirely online. However, misconceptions and challenges often deter potential applicants. This blog post aims to debunk myths, a
Erik "e-Res" Enthusiast
Jun 19, 20244 min read
6 Tax Deductions You Might Be Forgetting as an Estonian Entrepreneur
Maximize Your Savings: Essential Tax Deductions for Estonian Entrepreneurs Taxation is a critical component of running a business and a significant factor for entrepreneurs when choosing a jurisdiction for business registration. Estonia, known for its business-friendly environment, offers a wide range of tax benefits. As a business owner, it's crucial to leverage these benefits to maximize your deductions and reduce your taxable income. Here are six often-overlooked tax deduc
eFinance
Jun 12, 20243 min read
The Critical Role of Accurate Source Documents in Estonian Company Accounting
Legal Framework and Risks As a business owner in Estonia, understanding the legal framework governing accounting practices is essential. This framework ensures that all financial transactions are accurately recorded and verifiable through proper documentation. The Accounting Act sets out specific requirements for source documents, and failure to comply with these can result in significant legal risks. Legal Framework for Source Documents The requirements for source documents
eFinance
Jun 5, 20243 min read
Estonian Commercial Register: A Guide for E-Residents
The Ultimate Guide: Navigating the Estonian Commercial Register for E-Residents As an Estonian e-resident, you have access to one of the most advanced digital business environments in the world. The Estonian Commercial Register is a vital resource for e-residents who have established or are planning to establish a company in Estonia. This guide will help you navigate the functionalities of the register and address common questions. How do I check if my company is registered i
Erik "e-Res" Enthusiast
May 28, 20243 min read
Collect Your e-Residency Kit at New Mobile Pickup Points
Simplified Collection of Your e-Residency Kit We at eFinance, in partnership with Estonia’s e-Residency program, are excited to announce the addition of eight new mobile pickup points for collecting your e-Residency digital identity card. This expansion makes it even more convenient for e-residents to collect their kits, ensuring a smoother and more flexible experience. Eight New Mobile Pickup Points We’re thrilled to offer these new locations for e-Residency kit collection:
Erik "e-Res" Enthusiast
May 21, 20243 min read
Why Submitting Your Estonian Company’s Annual Report Is Crucial?
And How We Can Help! In Estonia, as in many countries, the obligation to submit an annual report is not just a bureaucratic formality—it's a vital aspect of maintaining your company's compliance and integrity. For any business operating within this jurisdiction, understanding the importance of timely and accurate reporting is critical. Here’s why it’s important and how our services can ensure you meet your obligations effortlessly. The Importance of Submitting Annual Reports
Alex "Audit Ace" Reyes
May 15, 20242 min read
Navigating the e-MTA: A Guide for Estonian e-Residents
Effective Management of Tax and Employment Records Introduction Estonia is known for its advanced digital services, with the e-Residency program allowing global citizens to manage business operations and tax affairs remotely. A vital component of this system is the Estonian Tax and Customs Board’s e-MTA dashboard. This guide explores how e-Residents can use the e-MTA dashboard not only for tax management but also for handling employment records. User Account Setup and Authent
eFinance
May 8, 20242 min read
Want to Be Our Next Featured Business? Tell Us Your Story!
Hello e-Residents, Entrepreneurs, and Digital Nomads! We’re excited to announce a special opportunity for you to spotlight your brand. By sharing your unique brand story with us, you’ll not only get featured on our blog but also across all our social media channels. Imagine the exposure and the connections you could make! Why Should You Share Your Story? Promote Your Brand: I ncrease your brand's visibility, and attract attention to your service or product. Increase Your Bra
eFinance
May 2, 20242 min read
The 4-Hour Workweek Unpacked: Work Less, Live More
A Summary of Tim Ferriss’s Book As e-residents and digital nomads, we often find ourselves asking, "Do I work to live or live to work?" Tim Ferriss's "The 4-Hour Workweek" flips this question on its head with a cheeky smirk, saying, "Why not do a bit of both and still have time for a siesta?" Here’s the longer, relaxed-version summary of Ferriss’s game-changing book: 1. Escape the 9-5 (Before it Becomes 8-7) Ferriss doesn’t pull punches. The 9-5 grind is out, and living on yo
Lily "Quick-tips" Baxter
Apr 16, 20243 min read
Business of The Month : March 2024
Interview with Teesi Durdina: The Sustainable Essence of Amazula Resortwear In this month's highlight for "Business of the Month," we delve into the remarkable story of Amazula, a brand that encapsulates the essence of sustainable fashion. Originating from the visionary mind of Estonian-born Teesi Durdina, Amazula's inception was inspired by a pivotal journey to Tulum, Mexico. This experience ignited a passion for creating a line of resort wear that not only exudes simplicity
Luna "Lunar" Forbes
Mar 27, 20246 min read
Embracing Digital Nomadism: Estonia’s e-Residency Program Paves the Way
In an ever-connected world where the traditional office walls have dissolved, Estonia stands at the forefront of a revolutionary movement. With its e-Residency program, Estonia extends a warm invitation to global entrepreneurs, offering a seamless bridge into the future of digital nomadism and international business. This forward-thinking initiative advocates for transcending geographical limitations and strongly supports the adoption of a work culture without borders, foster
Erik "e-Res" Enthusiast
Mar 19, 20242 min read
Discover Bali's Best Workspaces: Where eFinance Meets Lifestyle Perfection
In the digital age, the lines between work and lifestyle are increasingly blurred, especially for the global eFinance community. Entrepreneurs, digital nomads, and eResidents are on a constant quest for locations that not only cater to their business needs but also resonate with their lifestyle preferences. Enter Alchemy Bali, a sanctuary that seamlessly blends the requirements of eFinance professionals with the promise of an enriching lifestyle. This blog post explores how A
Ksenia "MusePen" Ray
Mar 12, 20243 min read
Transform Your Language Business with Estonian e-Residency
Discover e-Residency's gateway for interpreters: boost professionalism, manage globally, and join a vibrant digital community. Read how.
Erik "e-Res" Enthusiast
Mar 5, 20243 min read
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