Accounting in Estonia for e-Residents is easy and 100% online
No additional sign in or registration
Low annual cost
Annual accounting/annual report – from 75€/year
If you are not VAT obligator (annual turnover less than 40K) and you don’t pay monthly salaries (in Estonia) – then you might need accounting once in a year for annual report. We make your annual accounting and annual report once in a year.
Monthly accounting – from 77€/month
Monthly accounting
Prices
Monthly fee includes: – Consultation, up to 15 min – Access to software https://www.simplbooks.ee/en/ – Income and Social Tax Declaration (TSD) declaration VAT (KMD) declaration – Handling and entry of up to 10 invoices – Annual report of micro-company
77€ + 1.25€ per invoice (from the 10-th invoice)
Transaction fee (if not involved with invoices/receipts) – Bank fees, currency exchanges, transfers between accounts – Other financial transactions which are not listed above
0.35€
Monthly employee / member of the board payroll
9.8€
VD (intra community) declaration
10.4€
OSS (intra community) declaration
10.4€
OSS reporting preparation, every record (country)
2.5€
Every record at OSS declaration at the e-Tax Board
1.30€
VAT cancellation fee
39€
Additional services based on hourly rate: – Statistics reports – Annual report of small undertaking – Audit assistance procedures – Other services/consultation
77€/hour
VAT 22% will be added to prices.
Questions are welcome…
Accounting in Estonia and tax rates
Auditing
You need it if You have more than (more than 2 criteria must be met):
1 000 000 EUR revenues per year
500 000 EUR on balance sheet
15 workers
Income tax
Income tax rate – 20%
Period of taxation for natural persons is a calendar year.
Corporate income tax rate
The moment of corporate income taxation is shifted until the distribution of profits in Estonia. Period of taxation for legal entities and non-residents with permanent establishments in Estonia is one calendar month.
