Starting a business remotely is possible thanks to e-Residence. Following the success of the Estonian e-Residency program, Japan like many other nations is planning to create its own programs.
What does an e-Residency program mean?
e-Residency programs provide a digital identity that can be used to create and operate an online business. On December 1, 2014, Estonia became the first country to do so. E-residents of this program receive a smart card allowing them to access services that are not available to non-residents.
e-Residence is a great choice for freelancers, consultants, digital nomads, and freelancers who provide services regardless of location.
Who benefits from virtual residency programs?
The true benefits of e-residency in Japan will not be known until the program is fully operational. However, starting an online business in Japan without having to live there would be a great opportunity.
In the context of globalization, the fact of creating an international company is a considerable advantage.
For Digital Nomads
Digital nomads can start a business anywhere in the world and work from anywhere thanks to e-Residence. All visa and residency restrictions and issues disappear. Thanks to e-Residence, even if you travel to Europe or the United States, you will be able to manage your Japanese online business.
For Freelancers
The status of a freelancer is attractive, but it comes with heavy administrative tasks. Thanks to e-Residence, you have a virtual world where you have everything and you can solve everything.
Schedule a free consultation with our team today if you’d like to explore your options based on your unique circumstances.
Disclaimer
Widelia and its affiliates do not provide tax, investment, legal or accounting advice. Material on this page has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, investment, legal or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction. Please consult https://widelia.com/disclaimer/ for more information.