Accounting services in Estonia

EstoniaAccounting plays a crucial role in the operations of an Estonian company, serving the purpose of maintaining records and gaining insight into the economic performance and financial condition of the business.

All companies and foreign company branches conducting operations in Estonia are obligated to adhere to accounting practices.

For consistency and clarity, the accounting practices of every company must align with government-established standards, ensuring that the results are both comparable and comprehensible.

  • Accounting services for an Estonian company – from 90 EUR per month.
  • The annual report for an Estonian company – from 250 EUR.
  • Assistance in obtaining an EORI number is priced – 250 EUR.
  • Individual accounting consultation – from 300 EUR.
  • Registering VAT in Estonia – 400 EUR.
  • Audit services for an Estonian company – from 1,000 EUR.

ESTONIAN COMPANY’S YEARLY REPORT

On an annual basis, an annual report must be compiled and submitted to the Commercial Register no later than six months after the conclusion of the financial year. This report provides a comprehensive summary of the company’s performance in the preceding financial year. Beyond this requirement, supplementary reports and declarations must be submitted, aligning with the specified form, structure, and extent determined by the enterprise.

The submission of an annual report is obligatory for all accounting organizations in Estonia, and it must adhere to the legally prescribed format. The annual report comprises both an annual accounting report and a report detailing the company’s activities.

YEAR-END FINANCIAL REPORT

The company’s financial year spans 12 months. While commonly aligned with the calendar year (from January 1 to December 31), the fiscal year may be established differently as per the company’s charter or other governing documents. This adjustment can be made to correspond with the operational cycle of the accounting entity. While deviations from the standard 12-month period are possible, the financial year’s duration should not exceed 18 months in exceptional cases.

For the convenience of our clients, we offer a comprehensive range of accounting services through Regulated United Europe, including:

  • Consultations on taxation and financial matters
  • Monthly maintenance of the master ledger and balance sheet
  • Payroll calculation
  • Calculation of turnover tax, income tax, and social tax
  • Compilation and submission of monthly reports to the Tax and Customs Department
  • Compilation and submission of a business year report to the Commercial Register
  • Compilation and submission of annual/interim balance and profit reports to the Tax and Customs Department
  • Compilation of liquidation or closing balances
  • Compilation and presentation of statistical reports
  • Preparation and submission of monthly payroll reports to the Tax and Customs Department
  • Compilation and submission of monthly reports on turnover tax to the Tax and Customs Department
  • Preparation of internal accounting rules
  • Registration of initial documents (cash documents, etc.)
  • Accounting of the enterprise’s main property
  • Registration and deregistration of employees in the work register of the Tax Department of Customs
  • Recovery of ongoing accounting
  • Compilation of reports for the Department of Statistics
  • Assistance in preparing applications and petitions for the Tax Department

 

Feel free to contact Regulated United Europe for more information regarding accounting services in Estonia.

RUE customer support team

Milana

Milana

“Hi, if you are looking to start your project, or you still have some concerns, you can definitely reach out to me for comprehensive assistance. Contact me and let’s start your business venture.”

Sheyla

“Hello, I’m Sheyla, ready to help with your business ventures in Europe and beyond. Whether in international markets or exploring opportunities abroad, I offer guidance and support. Feel free to contact me!”

Sheyla
Diana

Diana

“Hello, my name is Diana and I specialise in assisting clients in many questions. Contact me and I will be able to provide you efficient support in your request.”

Polina

“Hello, my name is Polina. I will be happy to provide you with the necessary information to launch your project in the chosen jurisdiction – contact me for more information!”

Polina

CONTACT US

At the moment, the main services of our company are legal and compliance solutions for FinTech projects. Our offices are located in Vilnius, Prague, and Warsaw. The legal team can assist with legal analysis, project structuring, and legal regulation.

Company in Lithuania UAB

Registration number: 304377400
Anno: 30.08.2016
Phone: +370 661 75988
Email: [email protected]
Address: Lvovo g. 25 – 702, 7th floor, Vilnius,
09320, Lithuania

Company in Poland Sp. z o.o

Registration number: 38421992700000
Anno: 28.08.2019
Phone: +48 50 633 5087
Email: [email protected]
Address: Twarda 18, 15th floor, Warsaw, 00-824, Poland

Company in Czech Republic s.r.o.

Registration number: 08620563
Anno: 21.10.2019
Phone: +420 775 524 175
Email:  [email protected]
Address: Na Perštýně 342/1, Staré Město, 110 00 Prague

Finwyn Consultancy LTD

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