Earlier quoted context omitted.
Getting e-residency is pretty easy. You would have to pick up your ID card, and residency package, at one of the authorized locations, though, and there is none is Serbia. I think the closest may be the Estonian consulate in Vienna. But, if you are going to travel, it may be more worthwhile to go to Tallinn. Once you have e-residency (which takes a few weeks to be granted) opening a company can be done in a day. You…
Thanks for the answer. I have seen this "The first turned me down because I could not prove sufficient ties to Estonia." on some other place as a reason for a turn down. What they actually need to prove ties to Estonia when you are only e-citizen? Or that other bank that accepted you is not requesting such proof? If you have income with that company, how hard and costly is to take that money (as I understood they tax…
If your company is a foreign-operated LLC (OÜ), which is what I opened, and what was recommended to me (I have no employees and reside in another EU country) then the only taxes are VAT, and dividend tax, which is incurred when dividend is paid out. There is no income tax.
Note that the dividend tax liability is of the company making the payment, not of the individual receiving the payment. So, even if there was a taxation treaty between Estonia and Serbia to avoid double taxation, you personally may still be liable for dividend tax in Serbia, if Serbia taxes foreign dividend income. But, here comes the usual disclaimer: I am not a lawyer or an accountant. You'd better check with one!