While the postal address is annoying, I think (currently) having to go there to open a bank account is a bigger deal, since it will be hard to open one anywhere else. Even if you can get a bank account, many payment providers want you to have your business, bank account and residency in the same country (something e-residency won&#x27;t do).<p>So while I think the are moving in the right direction, it&#x27;s still reminds me of government startup programs disconnected from reality. My suggestions would be that they, other than sorting out banking&#x2F;payment processing:<p>a) Allow companies to register as LLC or Limited, for increased customer confidence.
b) Give foreigners a income tax holiday, so they can become resident without worrying about paying taxes on worldwide income. 
c) Generally make it easier to go there. Last time I tried to figure out how much it would cost to go there for a month and work I couldn&#x27;t really find any (at least cheap, upfront) prices for serviced apartments and coworking spaces. They need to do more &quot;outreach&quot; (tourist board for entrepreneurs please) than just &quot;look how good we are&quot;.