Virtual Office FAQ
The deadline for an annual report is within six months from the end of the 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. 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. Usually, the financial year is the same as the calendar year in which case the deadline is the last day of June. The court maintaining the register has the right to repeatedly and without warning to punish the undertaking and all persons required to submit the data for failure to submit the report on time. The fine is determined to the extent provided for in the Code of Civil Procedure. If the report has not been submitted within 18 months after the end of the financial year, the court which maintains the register shall delete the register of legal person or decide on its dissolution or liquidation. 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. 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. If you have an Estonian company then submitting an annual report is required for all companies registered in Estonia even if there is no activity during the financial year. When the annual report is not submitted, then the Business Register may decide to delete the company.Annual report (6)
Load More