World record broken yesterday at London Tech Week: Estonian company created from scratch in only 15.5 minutes

Does anyone else remember when Estonia's president tweeted, “Estonia has 1.3 million people and we have four unicorns.” LOL. Non-tech people were so confused. Like, what we have unicorns?? 😂

But in all seriousness, Estonia is a super tech-forward country. Apparently, in the'90s the government made a huge effort to reform the country and turn it into a digital society, a movement now known as ‘e-Estonia’. As part of this movement, almost all public services are online. They also offer something called e-residency to anyone who would like to set up a business in the country from a virtual base. I believe it was also the first country to use blockchain technology at a government level.

Estonia seems to be promoting itself as a good destination for nomads/founders to open companies.

There's one more option that's less popular and maybe even better, especially for international founders: LLC within a state like Wyoming. If you're a single founder, you'll be regarded as a "disregarded entity" and won't have to pay corporate/federal taxes on a company level. At the same time you'll be "shielded" against lawsuits etc. and provided the advantages of a company.