10.12.2018
Posted on Monday December 10th, 2018 by Ragnar Sepp

Selling a share by videocast with notary

Estonian government prepares bill which allows notaries to provide some notary services remotely by videocast.

This is the next step of e-Residency development, since it will be allowed to use remote notary services only to Estonian residents and e-Residents.

Special video connection between notary and client will be created, upon which the notary provides identification and certifies a deal: for example, selling a share in Estonian company. As for the moment such a deal can be made only upon a power of attorney or with personal visit of shareholders to a notary.

The system will start working on February 1st, 2020 – just to this time all needed technical and IT conditions gonna be met.