E-RESIDENCY: A NEW OPPORTUNITY IN GLOBAL ENTREPRENEURSHIP

E-residency has paved the way for innovative solutions that challenge traditional notions of entrepreneurship. E-residency stands out as a transformative initiative that is reshaping the global business landscape. This digital identity allows individuals to start and manage a business in a foreign country without the need to physically relocate, offering a seamless bridge to international markets and digital services. E-residency was first introduced by Estonia in 2014, setting a precedent for digital governance. The purpose is to make it easier for global entrepreneurs to access European markets by offering them the ability to establish an EU-based company online.