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In this comprehensive guide to annual reporting for Estonian companies, we discuss everything you need to know for successful submission in 2024 and how our team can support you at every step of this process.

Embarking on the exciting journey of establishing a business venture in Estonia is seamless and straightforward, thanks to our skilled legal and consultancy team. We provide end-to-end support throughout the process, ensuring a smooth company setup and a successful beginning of your Estonian business operations.

Setting up a company in Estonia opens up numerous advantages for German business. It not only contributes to the growth and development of your company but also provides access to the European Union’s single market, a key factor in scaling and enhancing your enterprise’s competitiveness.

The introduction of MiCA regulation brings a set of requirements that will impact various aspects of crypto-asset operations—from risk management to disclosure standards. Our aim is to demystify these complex subjects and provide clear, practical advice to help your business adapt and thrive in an evolving legal landscape.

Latvia and Estonia, two Baltic sisters, each have their merits when it comes to business. However, company formation in Estonia offers distinctive advantages, making it an appealing destination for Latvians.

MLRO (Money Laundering Reporting Officer), also referred to as AML Officer or Compliance Officer, is the responsible person in a fintech project or crypto company who is involved in risk management in the field of combating money laundering and terrorist financing.

The liability of Eesti Firma OÜ accountants is insured for the amount of 50,000 euros. This insurance not only provides protection for our clients but also serves as a guarantee that, if necessary, they will be fully compensated within the terms of our insurance contract.

The sphere of activity of an Estonian company is selected from the specialized classifier of economic activities EMTAK with the accuracy of 5 digits. The EMTAK classifier is an adapted version of the international harmonized NACE classifier of types of activities.

In accordance with § 179 of the Commercial Code of the Republic of Estonia, every enterprise registered in Estonia is obliged to submit a financial report regarding the results of its business activities (annual report) within 6 months from the date of closing the business year.

The accountant’s consultation is, first of all, the expert assistance in solving the issues related to accounting and taxation of enterprise business activities. The accounting consultation may include both clarification of accounting records maintenance rules, tax reporting preparation and execution of the other financial documents, as well as consulting in the field of optimization of tax payments of company and reduction of tax expenditures.