How many days do you need to set up a startup company in Europe? 1 day, 2 days, 3, 4 or 5 days… Or a more perfect duration: 15 minutes 33 seconds!

Best time to start a company among Estonian e-citizens: 15 minutes 33 seconds. This is Estonian startup magic and an opportunity that attracts those who want to own a startup in Europe. There are advantages to establishing a startup company in Estonia in a very short time without being a European citizen: Fewer procedures, faster results, and structuring in Europe in a shorter time.

What are the advantages of Estonia e-Residency?

Estonia, which has remarkable applications in digital transformation, is also the first country to initiate e-citizenship transactions with digital identity status. Entrepreneurs included in this system gain significant advantages in establishing an EU-based company. Moreover, wherever you are in the world or in any country, if you have an e-residency, it takes a few minutes to establish a company in the EU. Here are other benefits the card provides: Quickly set up a company in the EU. The record in this regard is 15 minutes and 33 seconds. It's quite an amazing time and you don't need to order the second latte if you try to do it while drinking your latte in a cafe. Manage your EU-based company remotely. At this point, it is possible to better understand why you need an Estonian startup visa. If you dream of becoming an entrepreneur based in the EU, you need to apply for an Estonian startup visa to get a work and residence permit.
Gain access to all open job opportunities and opportunities in Estonia.
Get less bureaucracy and faster results. This is something that is the dream of almost every e-entrepreneur.

How to Get Estonia Startup Visa?

Threshold for obtaining an Estonian startup visa: Business idea and passport. Of course, the business idea here must be suitable for the purpose of "invent me" within the scope of software and technology. In the most important condition of the startup visa, which is not valid for conventional business ideas, ideas specific to the "new technology world" are at the forefront. If you have these, you can qualify for an Estonian startup visa with the application to the Estonian startup evaluation commission and the positive response thereafter.

Information on Estonian startup visa requirements:
Having a technology-based business idea and design.
The business idea in question is innovatively valuable, or in other words, it will add value to the Estonian economy.
Approval of the business idea by the committee.
The applicant's bank account must have 1920 Euros for an annual visa and at least 160 Euros for each month spent in Estonia.
The MVP standards of the business idea to have a website or mobile application ready.
In addition to these conditions, it is also very important that there is no minimum investment requirement for the Estonian startup visa application. Thus, it is possible to qualify for the visa only after the approval of your business idea, without having any investment limit.
What are the Estonia Startup Committee Evaluation Conditions?
The most important detail given importance by the Startup Committee is, of course, that the project in question is technology-based. However, projects that are still in the business idea stage and have deficiencies in project design are not approved by the committee. Therefore, it is useful to have an idea about the evaluation principles of the Estonian Startup Committee: A business idea with growth potential and its value for the Estonian economy.
Confidence of the project team's work experience, competence and qualifications
Careful and accurate preparation of the presented project materials
The answers to the criteria related to the application are clear and understandable enough
The project must be prepared in English and presented to the committee. In this process, if you act in accordance with the project directives presented by the Estonian Startup Committee, you have a very high chance of getting approval. Moreover, the two most important parts of these project directives are the market and business model sections. If these sections are left blank, it is possible for the process to be negative.
What are the Documents Required for Estonian Startup Visa?
The most important document for the Estonian startup visa application is the approval letter given by the Estonian Startup Committee. The documents required to apply to the committee are as follows:

• Business plan prepared in English
• Project website evya application
• If the project is checked and approved, a confirmation letter is received and then an Estonian startup visa application can be made.

Here are the documents required for this:

• Estonian startup visa application form
• Startup committee approval letter
• Photograph
• Valid passport