Comment by romanovcode

4 days ago

> non-EU country which doesn’t model its tax code on the OECD model.

It's a very narrow list of countries then. Only reason where it would really work if the owner is digital nomad with no tax residency anywhere.

Yes, the specific details are outlined in the bilateral tax treaties between Estonia and the given country, but it is almost always tax evasion.

It mostly makes sense for people from countries with weak corporate tax enforcement that need a limited liability entity in a reputable jurisdiction like Estonia.