Millennium Post

Ravi Shankar Prasad, Mukesh Ambani get Estonia's e-residency

Hyderabad: Union Minister Ravi Shankar Prasad, India's richest man Mukesh Ambani and Microsoft founder Bill Gates are among the e-residency holders of Estonia, its Ambassador to India Riho Kruuv said here Thursday. The e-residency, which enables entrepreneurs of any country to start a trusted location-independent EU company online, was offered as an honorarium to some of the prominent personalities across the globe.

After acquiring the e-residency, Ambani's Reliance Jio has set up a subsidiary working in the digital and communications space in the northwestern european country.

"Very prominent people are also Estonian e-residents.

Present Minister of IT and Law and Justice honourable Ravi Shankar Prasad is an Estonian e-resident. Business tycoon Mukesh Ambani is an e-resident.

Pope Francis and Bill Gates also (e-residents). This status has been given to world leaders and they have accepted it," he told reporters here.

E-residency is a government issued digital ID available to anyone in the world.

It offers freedom to any world citizen to start and run a global EU company fully online anywhere.

E-residents have access to the European Union business environment and can use public e-services through their digital identity.

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