Accounting

Preparation of Annual report All companies registered in Estonia have the obligation to submit annual reports during the 6 months after the end of the financial year, regardless if there has been any activities or not (so called dormand companies). Annual report has to be prepared in Estonian and in the official currency (EUR). The …

Monthly accounting

If your company is VAT registered or you have employees, you will need to declare and pay your taxes each month. Therefore, you also need a monthly statement. Our monthly accounting service includes checking and entering your invoices and creating your tax reports based on them.

VAT in Estonia

The standard VAT rate is 20%. A reduced rate of 9% is applied to books, periodicals (with few exceptions), hotel accommodation services, and listed pharmaceuticals. When the turnover of the taxable goods or services of Estonian company exceed EUR 40,000 in a calendar year, VAT registration is mandatory. Voluntary registration is also possible,but certain transactions …