LeapIn is an Estonian service agent which in combination with the Estonian e-Residency makes your micro-business much easier to run and manage.

Summer aerial panorama of the Old Town in Tallinn, Estonia

Digital freelancers and digital nomads with their micro-businesses are a growing size in a digitalized business world. They seek for the freedom and right to work from anywhere in the world at any time they want. The technical premises to make this lifestyle work has been in existence for a longer time now.

But if you belong to these pioneers of digitalization you might have realized the one downer in your digital life: The administrative circumstances and structures in the world differ much when it comes to managing a digital business successfully. A lot of countries have not yet reached a standard of digitalization which would enable modern services of a digitalized administration. Even worse, they have not yet understood the special digital signs of our decade and simply do not care about the growing community of micro-business.

Not so Estonia. The small Baltic country is a real vanguard in offering premium digitalized services to its people. Even more, the Estonian e-Residency program makes these services available for foreigners as well. By applying for e-Residency in Estonia, freelancers and digital nomads fully enjoy digital services of the Estonian government. So, it is no surprise that a service like LeapIn is situated in Estonia. Learn more about LeapIn and its great support potential for your business.

About LeapIn

LeapIn has been founded by a team of compassionate digital lifers in 2015. Being aware of the challenges and hassles the life of digital nomads, online entrepreneurs and freelancers could offer when situated in the wrong setting they were eager to make everything easier for these business groups. Not by accident 2015 is the year when the Estonian government established its e-Residency program which enables people from all countries to become e-residents of Estonia. LeapIn’s enthusiastic founders where keen to establish a digital environment which would make a easy for entrepreneurs to make most of their e-Residency. Among the matters which can be organized via LeapIn are business banking, accounting and compliance. It is LeapIn’s foremost goal to support their clients in such a way that they can fully focus on their business and their customers. To bring it to the Point: LeapIn wants to make entrepreneurship simple and uncomplicated. The management solution LeapIn offers is self-service based, automated and can be used in a location independent way.

Is LeapIn right for you?

LeapIn’s services are combined with Estonian e-Residency. So, to take advantage of LeapIn’s services you need the e-Residency status.

What is the Estonian e-Residency?

This very special form of residency hinges on a government-issued smart ID card that provides digital identification and authorization. It enables you to establish a company in Estonia, to digitally sign important documents and access secure services. Even more, you can make secure transactions – without ever being forced to enter Estonia physically. As Estonia is the world leader in digital governance, it was the first country to establish such a service as e-Residency. E-Residency can be especially attractive for entrepreneurs coming from countries outside the EC because it enables them to take advantage of the European market. Therefore, using LeapIn you must apply for Estonian e-Residency.

LeapIn focuses in micro-business

If you are a freelancer, digital nomad or another kind of digital entrepreneur with a micro-business, LeapIn might be worth a second glance. The founders of LeapIn had these micro-businesses in mind when they established their services. Basically, micro-businesses lack the extra departments and administrative staff bigger firms usually have. Often the typical micro-business is a one-person show. So sometimes a can be a real hassle to manage everything on one’ s own from soliciting customers, to fulfil the work scale, to accounting, to corresponding with authorities and to guarantee compliance. It can be a real relief to have some support in the daily management toil.

LeapIn is for digital natives

To use LeapIn’s services you should have a strong affinity for the digital life and its possibilities. You will work with LeapIn online because LeapIn is basically an online service. You also should have no concerns to make your business transparent to LeapIn because this is a premise to use its services fully. You better are a digital worker who is used to self-service which should be normal with a digital micro-business. You should be also prepared to hand over your whole business management to the platform as you will create invoices for your customers there and will track your finances and banking activities via LeapIn, too. Even tax matters are organized there.

LeapIn needs a bit of trust

If you are very suspicious about data protection an online solution like LeapIn might cause you some concerns. It is not for everybody to hand over business data on such scale to an online service provider. On the other hand, Estonia as part of the European Union is regulated by strict data protection laws and so is LeapIn. Also, most services involve the transfer of digital data today, i.e. if you hand over documents to your tax counsellor. LeapIn is highly professional to protect your personal data.

Advantages and disadvantages of LeapIn services

Advantages

  • Can be a relief in managing your micro-business.
  • Helps you to focus on your core business.
  • Service does not rely on a certain place or country.
  • Online service is available 7/24.
  • Makes the most of online services.
  • Can make your life simpler.

Disadvantages

  • Self-Service is not for everyone.
  • You must apply for Estonian e-Residency.
  • You should be ready to hand over a lot business data to LeapIn.

What LeapIn has to offer you

One core of LeapIn’s services is an onboarding dashboard. From that dashboard to start to establish all the services yourself. It outlines all the data needed. LeapIn will have an eye on compliancy all the time. Also, LeapIn integrates several banking and payment options for e-residents. The second core of LeapIn’s working environment is a business dashboard with integrates a range of tools needed to manage business. Here the self-service takes place with invoices, accounting documents, pre-filling payment orders, tax documents and annual reports. The self-service is framed by a team of support people from LeapIn to accompany starting a business and running it later. There are experts on accounting, banking and tax matters involved offering support fast and smoothly.

LeapIn offers among other features:

  • A legal entity which is registered in the Estonian Commercial Register.
  • A Company structure fit for micro-business with a limited liability company.
  • A reliable physical company address and P.O. Box registered in Estonia.
  • Compliance with Estonian and EU regulations.
  • A company structure which can be owned and managed by one individual person.
  • A perfect setup of an international bank account for cross-border transactions.
  • Secure online banking channels.
  • Participation in the Estonian tax system which is regarded as on of
  • simplest and best tax systems worldwide.
  • An easy professional accounting system.
  • Real-time income monitoring.
  • A digitalized document filing system.
  • A single contact partner for all business issues.

LeapIn – Costs and Packages

LeapIn makes it easy to start a business because it offers a lower costs package with a monthly rate of 49 EURO. This rate can be enjoyed until business revenues show up. A perfect opportunity for start-ups.
The regular packages range between 59, 79 and 99 Euro per month. Always included are the establishment of the private limited company (OÜ), a bank account including payment card, accounting, taxes and compliance handled by LeapIn and the LeapIn online self-service. The 59 Euro package aims at independent app developers and offers support for global app stores. The 79 package aims at professionals of all kind such as freelancers. It also includes an advanced sales invoicing and a VAT number. The most expensive package aims at SaaS providers including support for payment gateways, bulk invoicing and a VAT number.

LeapIn can be a great opportunity to push your digital business

As e-Residency offers a great chance to establish a digitalized business, LeapIn is the icing on the cake for a micro-business to make most of it. It is never been easier to found and manage a one-person business. So why not start now?