Yup--this is what I am talking about! So what are the benefits of having a business set up there? Are the taxes different? How are they about crypto and taxes? And what do you have to do at the end of the year to appease the U.S.
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Some of the main benefits for me are the digital elements of running a business from Estonia: being able to digitally sign and electronically submit all my forms online is very useful, because I'm a digital nomad. But even for people who still live in the US, it's actually much cheaper to start your business in Estonia: the fees are lower (and fewer) and hiring the services of an agent to represent the business was cheaper, as well.
There's also a lot of great benefits that come from being based out of the EU. For me this is especially beneficial for the eligibility to apply for a Startup Visa to live in Estonia.
Estonia has a flat tax and doesn't tax companies unless they pay dividends or have profits above a certain threshold. As for cryptos, the Estonia Supreme Court held last year that all cryptocurrencies and blockchain tokens are subject to some really dumb rules, but I still say they're better far than the US on this issue. And for the US taxes and stuff, the typical rules apply for reporting worldwide income and bank holdings above a certain threshold.