E-Residency is a digital identity program launched by Estonia that allows global citizens to start and manage businesses online. It provides access to various services, such as company registration, banking, payment processing, and taxation, all without needing to be physically present in the country. This initiative aims to promote entrepreneurship and innovation by making it easier for anyone to establish a business in the European Union. E-residents can operate their companies remotely, benefiting from Estonia's advanced digital infrastructure and business-friendly environment.