Accounting for e-residents and foreign-owned companies in Estonia
Running an Estonian company from abroad? Our accountant specialised in e-residents keeps your books, taxes and annual reports in order, so you can focus on your business.
Who we work with
We help founders who run their Estonian company remotely and want their accounting handled properly, in English, without having to understand every local rule themselves.
- E-residents who run an Estonian OÜ from anywhere in the world
- Foreign owners of Estonian companies and their local subsidiaries
- International startups with an Estonian entity and investors to report to
- Holding companies that receive dividends or hold investments
What is included
Bookkeeping
- Purchase and sales invoices
- Bank reconciliation
- Expense reports and receipts via CostPocket
- Monthly overview of your numbers
Taxes and declarations
- VAT registration and VAT returns (KMD, VD)
- Salary or board member fee and TSD returns
- Dividends and the related tax return
- Reminders before every deadline
Annual report and compliance
- Annual report filed with the Business Register
- Help with signing in the e-Business Register
- Handover from your previous accountant
- Answers to your questions in English
Estonian company taxes in short
Estonia is known for its simple tax system, but there are still rules and deadlines that an owner abroad can easily miss. These are the basics we take care of for you:
- No corporate income tax on retained profit. Tax is paid only when profit is distributed, for example as dividends.
- VAT registration is mandatory once your taxable turnover exceeds 40 000 € in a calendar year. You can also register voluntarily.
- Payments to yourself as salary or board member fee are declared monthly in the TSD return.
- The annual report must be filed with the Business Register within six months after the end of the financial year.
- Contact person: if your management board is located outside Estonia, the company must have a contact person in Estonia.
This is a general overview, not tax advice for your specific situation. On the free call we will tell you what applies to your company.
Packages and prices
Clear monthly prices. All prices are per month, VAT is added.
Basic
89 €
For a new or very small company.
- Up to 10 expense documents a month
- 1 employee or VAT accounting
- TSD or VAT return
- Bookkeeping once a month
Growth
159 €
For a small company with its first employees.
- Up to 25 expense documents a month
- Up to 2 employees
- All declarations
- Weekly document entry and bank reconciliation
Pro, most chosen
249 €
For an active company that wants everything in one place.
- Up to 50 expense documents a month
- Up to 3 employees
- Sales invoicing
- Annual report included
Partner
from €379
For a growing company with many transactions.
- 51+ expense documents a month
- 4+ employees
- Financial analysis and advice
- Annual report included
Annual report for Basic and Growth packages: micro company 85 €, small company from 150 € + VAT. Additional work outside your package is charged at 60 € per hour + VAT, always agreed with you in advance. Calculate your price or see the full price list in Estonian.
How to get started
- Free call. 30 minutes online. Tell us about your company and what you need.
- Clear offer. You get a fixed monthly price based on the number of documents and employees.
- Smooth handover. We take over the data from your previous accountant and set up CostPocket and your bank connection.
- Monthly routine. You send the documents, we do the rest and let you know if something needs your attention.
Frequently asked questions
Do I need to come to Estonia?
No. We work fully digitally. Documents come through CostPocket or e-mail and bank transactions are imported directly into the accounting software.
Can I switch accountants in the middle of the year?
Yes. You can switch at any time. We take over the data from your previous accountant and make sure nothing is missed.
Which accounting software do you use?
We work with Merit Aktiva, Directo, Erply and Standard Books. If you already use one of them, we continue in it.
Can you register my company for VAT?
Yes. We check whether registration is mandatory or makes sense for you and submit the application.
How do I pay myself from my Estonian company?
The usual options are a salary, a board member fee or dividends. Each is taxed differently. We will help you choose what works best in your situation.
What happens if I miss the annual report deadline?
The Business Register can impose a fine and, in the end, delete the company from the register. We keep track of the deadline and prepare the report in time.
Let’s talk for 30 minutes
Tell us about your company and we’ll tell you honestly how we can help and what it costs.
or e-mail kaideliis@klraamatupidamine.ee