Included in the price:
- Preparing mandatory reports for annual report
- Submitting the data into Estonian Business Register
Available for an extra fee:
- Accounting if the accounting for the financial year is not done
One time payment.
If you are not VAT obligator (annual turnover less than 40 000 EUR) and you don’t pay monthly salaries and have low amount transactions (up till 20 in a month), are not liable to auditor evaluation, then you might need accounting once in a year just for the annual report.
In this case, our annual report service is for you.
Every company registered in Estonia has to submit an annual report to the Business Register within six months of the end of the financial year even if the company doesn’t have any activities during the financial year. It has to be prepared in Estonian and in the currency officially applicable in Estonia (EUR). Delay in submitting the annual report on time may result in penalties and deleting the company from the Business Register.
The deadline for an annual report is within six months from the end of company’s financial year, so if your company’s financial year ends on 31st December, the due date for submitting the report is 30th June.
All the accounting has to be completed before starting to compile the annual report.
Mandatory components of the annual report are management report, balance sheet, income statement and notes to the annual accounts. For larger companies’ cash flow statement and statement of changes in equity are also required.