Updated: Jan 18, 2021
Brexit has thrown up many new procedures that need to be circumnavigated. One of the main obstacles facing UK residents wishing to set up a company in the EU is residency.
Now that the UK is not part of the EEA, when setting up a company you are asked to pay for bonds that can cost up to €2000 (what we found so far).
You can consider working more freely in the EU by applying for a e-residency from Estonia.
Here is who should apply for this:
Digital Nomad Start and manage your paperless company while you travel
Freelancer Start a company with access to the EU market and payments
Startup Company Grow your company with access to EU customers and EU startup funding
Digital Entrepreneur Go-to-market in the EU quickly without excess paperwork or travel
This will give you more access to the European market at a low cost. The world is getting smaller and tech is playing a vital role in breaking down barriers to business even if politicians try and put them up.
If you want to apply for this you can find out more here