Mr. Kaspar Korjus (29), as Managing Director of e-Residency, is building the first transnational digital identity platform in the world. e-Residency is a new fully digital country for global citizens, built on inclusion, transparency and legitimacy to empower citizens globally and to achieve world-wide digital and financial inclusion. Kaspar is listed by Forbes Estonia `30 under 30´ people as #1 in Technology and Finance. Megan Smith, US CTO and Google ex-vice-president, qualifies him as one of 20 global digital society leaders. Kaspar will take you through the journey of e-Residency, which is perhaps one of the most important government experiments in the 21st century. The experiment started nearly 20 years ago after Estonia decided to become a fully digital society and issuing to every resident a digital identity. In his talk, Kaspar is going to share how e-Residency has taken the next step to enable every person globally to become an e-Estonian and join this new global village. You may end up believing that planet can be the country of everybody. The lecture took place at Spring Hub - co-working space in Tallinn on 21.02.2017.

1. e-Residency
21.02.2017
Kaspar Korjus

2. digital name infrastructure+

6. 1. Incorporation and administration
2. Bank account and credit card
3. Online payment provider
4. Automated accounting and taxes
5. Legal and business guidance
LOCATION INDEPENDENT EU
BUSINESS ENVIRONMENT
for Internet Entrepreneurs
Set up at home, work from anywhere

7. STARTUP
ENTREPRENEUR
#Peace of
mind while
travelling
FREELANCER FROM
AN EMERGING MARKET
#Accepting
online credit
card payments
BUSINESSMAN
OUTSIDE THE EU
#Export to the
EU market
BUSINESSMAN
IN THE EU
#Low admin
with multiple
EU members
#Access to
cross-border
capital
DIGITAL
NOMAD

9. Country
all applicants
(17356)
%
# of e-residents
created new
companies
(1418)
1418
conversion
rate
1Finland 2760 15,9% 206 14,5% 7%
2Ukraine 929 5,4% 149 10,5% 16%
3Russia 1335 7,7% 128 9,0% 10%
4Germany 840 4,8% 81 5,7% 10%
5Italy 776 4,5% 71 5,0% 9%
6UK 923 5,3% 55 3,9% 6%
7Latvia 567 3,3% 53 3,7% 9%
8France 536 3,1% 51 3,6% 10%
9USA 1033 6,0% 45 3,2% 4%
10Turkey 332 1,9% 44 3,1% 13%
11Belarus 246 1,4% 33 2,3% 13%
12India 548 3,2% 32 2,3% 6%

10. Income to Estonia?
=362€/month
x1000 companies
x10,000 companies
X100,000 companies
X100m companies
= 4,3m€ / year
= 43m€ / year
= 430m€ / year
= 430b€ / year
Taxes,
165 €
Services,
85 €
Investments,
83 €
Business
trips; 29 €
Monthly income per company

11. Business opportunities for international and
Estonian companies:
1. Supporting e-residency companies (virtual office services, accounting, and legal/tax advice).
2. Putting together a business package (Stripe Atlas, LeapIN, etc.).
3. Selling your own services or products to e-residents (e-Residency Hotel).
4. Building new services (e-voting platform, e-residency community, etc.).
5. FinTech services can make use of strong AML/KYC (Know Your Customer) and access e-res data.
6. Blockchain services can become more legitimate through strong identities (e-notaries).
7. Instead of hiring staff for short term projects, they can sell their services via an e-res company
8. Turn shareholders and investors into e-residents for easier cross-border administration
9. Send encrypted data between entities with a high level of privacy (e.g. health test results)
10. Estonian companies can use e-Residency brand in their export activities even if there is no
direct relation to it

12. e-Residency: a digital nation for global citizens
powered by the Republic of Estonia
INCLUSIVE LEGITIMATE TRANSPARENT EMPOWERING

13. Incorporation Bank account Credit card Payment provider Lending market Crowdfunding
Funding
Climate
Engineers
Family

14. Incorporation Bank account Credit card Payment provider Lending market Crowdfunding
1. Location independence
2. Financial inclusion
3. Empowered people
Funding
Climate
Engineers
Family

15. Incorporation Bank account Credit card Payment provider Lending market Crowdfunding