Because I live in the Netherlands. And if I want to keep living here, I can't just offshore my company to somewhere and run it from here. Especially not since it's a 1-person company. It'll be judged by the Dutch IRS as a Dutch corp. not an Estonian corp. Then I'm double taxed. Depends if you're audited or not for this to happen.
It's a myth you can just open a corp anywhere and benefit from low tax, a lot depends on where you live personally (as CEO), where your staff is, where your customers are and where you spend the "fruits of your labor". Why is it a myth? Because otherwise EVERY freelancer would offshore to a low-tax country. They can't. It's a loophole that doesn't exist.
It's a myth you can just open a corp anywhere and benefit from low tax, a lot depends on where you live personally (as CEO), where your staff is, where your customers are and where you spend the "fruits of your labor". Why is it a myth? Because otherwise EVERY freelancer would offshore to a low-tax country. They can't. It's a loophole that doesn't exist.