Annual report
290.00€
Product includes:
- Activity report
- Balance sheet
- Income statement
- Cash Flow statement
- Activity report
- Organizational accounting, up to 100 entries
- Submitting the data to Estonian Business Register
Description
- 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, 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
- In order to be able to draw up the annual accounts, accounts must be prepared for the financial year
- However, this is often not done. That’s why we do with this product also a put-in order accounting. However, if there will be more than 100 entries, we estimate the cost of additional work separately
FAQ
Annual report (4)
An annual report is the company’s financial statement of the past financial year.
All legal entities need to submit an annual report in Estonia – which of course includes companies owned by e-residents. Under the Commercial Code (see § 60), it’s mandatory to submit the report even if the company doesn’t have any activities during the financial year. It must be prepared in Estonian and in the official currency (EUR).
The deadline is six months after the financial year is over. Usually at late last day of June. But it is always wise to do it early.
The annual report can be submitted remotely if you have an Estonian e-residency card, Estonian ID card, Estonian Mobile ID or Smart ID. In other cases, the services of a public notary must be used.
All, but micro-enterprises must also include the management report. Larger companies must submit a cash flow statement and a statement of changes in equity. In certain cases, an auditor’s evaluation is mandatory.
Keep in mind that anyone can access the management reports. Therefore, consider carefully what the report contains.
Please take a closer look at our respective service:
Basic annual report
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In most cases, the financial year is the same as the calendar year in which case the deadline is the last day of June.
In special cases, a different period may be set for the financial year.
Submitting an annual report is mandatory for all the companies registered in Estonia, within 6 months from the end of the company’s financial year.
Please take a closer look at our respective service:
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Annual reports are submitted in the e-environment of the business register.
If you have an Estonian ID, Mobile ID, or e-residency, the right of representation can be granted with the following steps:
- Log in to the Business Registry
- From the upper bar choose ,,Annual report”
- From the bar below choose „Defining persons entering data“
- Press the button below „Add new person for entering data“
- Fill in the field „Personal identification code of the person entering data”
- Select the company you want to add the person entering the data
- Click: “The person entering data is authorized to submit the report”
- Push the „Save“ button below
Now your accountant can enter your annual report data and submit it.
It should also be noted that the submitted report must also be digitally confirmed by a board member.
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Upon order and payment services are activated in 24 hours.
However, please note that in certain cases, such as when a signed contract and KYC documents are required, the activation of the service may be subject to the timely provision of these additional materials.
Our team will promptly inform you of any such requirements and work with you to ensure a smooth and efficient activation process.
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