Accounting Services in Estonia
We provide professional accounting services to companies operating in Estonia. Our specialists ensure the accuracy, transparency, and full compliance of your financial reporting with local regulations. 💡
Accounting that keeps everything under control 🌱
We implement modern IT solutions and automation so your accounting is as simple and clear as possible. With us, you get a tailored approach, responsive support, and confidence in every figure. 🤝
Eesti Firma — a partner you can trust 💚
Leave your accounting to us: we’ll handle everything accurately, transparently, and on time. Even in complex cases, we’ll find the optimal solution so you can focus on growing your business. 🚀
Get in touch and receive a tailored proposal today! Send RequestAccounting Solutions — from Bookkeeping to Tax Reporting
Bookkeeping and Professional Tax Consulting for Your Long-Term Business Success
According to Estonian law, every registered company is required to maintain accounting records and submit reports within established deadlines. We will help you organize this process without errors and unnecessary bureaucracy, ensuring transparency and accuracy of financial data.
Eesti Firma — accuracy and trust in every number
Our team of accountants and tax consultants has many years of experience and provides reliable support for businesses of any size. We offer personalized solutions, help optimize your tax burden, and build relationships based on trust and responsibility.
Your accounting — our concern!
We take on bookkeeping, reporting, VAT and taxes — everything needed for the smooth and proper operation of a company in Estonia. 🍀🗂️
Clear processes, modern online tools, and attention to detail allow you to focus on growing your business, rather than on paperwork. 📊
Entrust us with your accounting — and work worry-free. 🚀
Accounting services in Estonia
We handle all the necessary tasks related to your company’s bookkeeping – from gathering and analyzing primary documents to preparing tax and financial reports, as well as liaising with government authorities.
Services we provide
Below is a list of the main accounting services that we provide on an ongoing basis. They cover the key processes necessary for the proper running of a company in Estonia.
- •Bookkeeping and tax accounting
- •Accounting and tax consulting
- •Preparation of annual reports
- •Filing of tax returns
- •Personnel management and payroll calculation
- •Restoration of accounting records
- •Representation of client interests before tax authorities
If you didn’t find what you’re looking for in the list, just let us know. We will suggest possible solutions and offer options tailored to your business.
Pricing
Below is a list of our services with current prices. We will offer you an individual solution based on the volume of accounting work and your company’s needs.
The cost of accounting services depends on many factors, including the business industry, number of transactions, and other specific circumstances that need to be considered in the accountant’s work.
Note: Please note that VAT may be added to the listed prices. Before ordering services, we ask you to review our pricing policy, as well as our terms and conditions.
We strive to create a clear and sustainable accounting support system for each client. Below you can learn more about our services in detail and assess which of them will be most useful for your business.
Why choose us?
When you choose Eesti Firma, you get not just accounting services, but a reliable partner who will help your business grow and provide you with complete confidence in your financial metrics.
We work with companies across various industries — from IT and e-commerce to tech startups and crypto projects — and we know how to structure accounting processes with the specifics of your business in mind.
- Convenience. We connect clients to modern online accounting systems where you can quickly and easily issue invoices, track your company’s financial performance, and exchange documents with your accountant in one click. Everything is transparent, simple, and in real time.
- Reliability. Each report undergoes an internal review, and our specialists’ liability is insured for €50,000. We maintain complete confidentiality, ensure accurate calculations, and timely submission of all reports.
- Efficiency. We use modern IT solutions and automation to speed up data processing and reduce the burden on the client. This saves you time and makes accounting a manageable tool rather than a source of stress.
Our motto is precision, responsibility, and an individual approach in every project. We structure your accounting so that you can focus on developing your business, knowing that the numbers are in reliable hands.
First steps: how to set up accounting from scratch
Starting a business is not only about registering a company, but also about the competent organization of bookkeeping from the very beginning. Proper accounting setup helps avoid mistakes, tax risks, and confusion in documentation.
Did you know?
In Estonia, accounting can be done entirely online. Everything — from issuing invoices and submitting the annual report to filing tax declarations — is done remotely and signed with an electronic signature. This approach significantly saves time, reduces costs, and makes accounting convenient and transparent.
Eesti Firma supports entrepreneurs from the start, ensuring reliable financial management and compliance with all legal requirements. We begin with an analysis of the planned activities, expense structure, and the company’s tax model, so that right from the start we establish a clear and sustainable accounting system.
Typical mistakes at the start
Many new entrepreneurs lose receipts and invoices, pay personal expenses from the company account, or forget to register for VAT or submit reports on time. Such trifles quickly turn into serious problems. We help set up accounting reliably and without unnecessary risks.
This approach helps entrepreneurs feel confident about financial matters from the very first days of the company’s operation.
Below are the main steps that will help you begin working with Eesti Firma and create a sustainable accounting system:
- Initial consultation. We discuss your business goals, planned turnover, types of operations, and tax obligations. We determine the appropriate accounting system and the format of cooperation.
Learn more about our accounting consulting.
- Preparation of the opening balance. We prepare the opening balance sheet reflecting the company’s assets, liabilities, and equity. This is the first financial document from which accounting begins.
- Development of internal accounting rules. We establish the procedure for submitting documents, processing invoices, maintaining registers, and data storage. We define responsible persons and the reporting schedule.
- VAT number registration. We help submit an application to the Tax and Customs Board (MTA) if the turnover has exceeded €40,000 or if registration is beneficial for the business model.
More information about obtaining a VAT number.
- Obtaining an EORI number. Required for companies engaged in export, import, or transit operations. We submit the application and assist with registration in the MTA system.
More information about obtaining an EORI.
- Setting up communication and reporting. We determine the format of document exchange, reporting frequency, and control mechanisms — so that accounting runs smoothly and without delays.
- Tax and accounting consulting. If necessary, we conduct additional analysis, help choose the optimal taxation model, and forecast the tax burden.
Eesti Firma helps entrepreneurs set up accounting properly and conveniently from day one. We create a transparent and clear accounting system so you can focus on growing your business, rather than on paperwork.
Financial reporting
Financial reporting reflects the actual state of the company and the results of its activities over a certain period. It is necessary for control, analysis, and confirming the reliability of financial data to government authorities, partners, and investors.
Important to know
Even if a company had no activity, it is still required to submit an annual report to the Commercial Register. Such a zero report confirms that the enterprise remains active and complies with legal requirements. Failure to submit on time can lead to fines or operational restrictions.
Preparing reports requires accuracy and attention to detail: it’s important to systematize data, verify the correctness of transactions, and meet established deadlines. A professional approach helps set up the process so that documents are always in order and financial figures are transparent and understandable.
- Annual reporting — mandatory for all companies registered in Estonia. Includes a balance sheet, profit and loss statement, cash flow statement, and activity report. Submitted to the Commercial Register (Äriregister) within 6 months after the end of the financial year.
More about filing the annual report.
- Interim reporting — prepared for a period shorter than a financial year — for example, for a quarter or half-year. Used when obtaining loans, investments, leases, as well as for analyzing internal dynamics and financial planning.
- Statistical reporting — submitted to the Statistics Department (Statistikaamet) through the eSTAT system. Contains data on the enterprise’s activities, number of personnel, and financial results. Required for analyzing the state of Estonia’s economy and industry trends.
- Correction and adjustment of reports — when errors or inconsistencies are found, Eesti Firma performs data reconciliation, corrects the figures, and submits revised versions of reports to the Commercial Register or other agencies.
Accurate and timely reporting helps maintain the reputation of a reliable business and strengthen trust from clients and partners. We ensure that your documents are prepared correctly, submitted on time, and that your accounting remains transparent and predictable.
Tax reporting
Tax reporting is not just an obligation to the state, but also an important element of financial transparency and stability for a company. Eesti Firma helps entrepreneurs prepare and submit all tax declarations to the Tax and Customs Board (Maksu- ja Tolliamet, MTA) correctly and on time, minimizing risks and simplifying the reporting process.
What does tax reporting include
We prepare and file all the main declaration forms required by Estonian law:
- TSD declaration — reflects personal income and social taxes, unemployment insurance contributions, and mandatory pension insurance contributions. It is submitted by companies that pay salaries or other income to individuals. Filing frequency — monthly.
- KMD declaration (VAT) — includes information on the company’s turnover, imports, and exports, as well as the application of zero and reduced rates. Filed monthly even in the absence of activity.
- VD declaration — a report on intra-Community supplies and services if the company works with partners from other EU countries who are registered as VAT payers. The VD is filed monthly when there is EU turnover.
- OSS / IOSS declarations — special schemes for companies providing electronic services or distance selling goods in the EU. These systems allow you to report VAT through a “one-stop shop,” simplifying the calculation and payment of the tax.
Our specialists ensure accurate calculations, compliance with all MTA requirements, and timely submission of all reports. We use modern accounting software and automation, eliminating human error and reducing the risk of mistakes.
Contact us
If you need reliable accounting support in Estonia without risks or surprises, the Eesti Firma team is ready to help. We take care of bookkeeping, report preparation, tax calculations, payroll, as well as support during audits. We always work accurately, on time, and in full compliance with legal requirements.
Our accountants are experienced professionals who structure processes to be transparent and clear for your business. We eliminate routine tasks, reduce errors, and accelerate processes. Contact us today — we will offer the optimal format of cooperation and clear terms.
Peace of mind in numbers — energy for growth
Accurate figures, adherence to deadlines, and predictable processes are the foundation of trust in accounting. We set up accounting so that company owners see a clear picture and can make decisions without unnecessary risks.
Our mission is not just to file another report, but to make accounting convenient, transparent, and fully compliant with the law. Order in the numbers today, growth in performance tomorrow.
Ilja Nikiforov, Head of Eesti Firma OÜ
FAQ | Frequently Asked Questions
Our FAQ section provides answers to key questions about accounting and tax reporting in Estonia. It helps you understand local legal requirements and organize your company’s financial processes correctly.
- Who must maintain accounting records?
Every company registered in Estonia is required to maintain accounting records and submit reports within the deadlines set by law. This obligation also applies to companies that are temporarily inactive.
- How often must company reports be submitted?
The annual financial report is filed once a year — within six months after the end of the financial year, usually by June 30. Some reports, such as tax or payroll reports, are submitted monthly.
- What does accounting service include?
Accounting service covers recording all transactions, calculating taxes and salaries, preparing and submitting reports, and providing financial advice. The goal is to ensure smooth and error-free business operations.
- What documents are needed for accounting?
Invoices, bank statements, contracts, and acts — all documents confirming business transactions — form the basis of accounting. These records are used to prepare tax and financial reports.
- When must a company register for VAT?
Registration becomes mandatory when the company’s annual turnover exceeds €40,000. Voluntary registration is also possible earlier, which may be beneficial if you work with partners from other EU countries.
- What determines the cost of accounting services?
The price depends on the number of transactions, the specifics of the business, and the scope of work. We offer an individual approach and select the most suitable solution for each client.
- What taxes do companies in Estonia pay?
The main taxes include corporate income tax on distributed profits, value-added tax (VAT), income and social taxes, as well as unemployment and pension insurance contributions.
- Must reports be filed if the company is inactive?
Yes, absolutely. Even if there was no turnover or activity, a company must still submit its annual report. This confirms compliance with local regulations and keeps the company in good standing.
- Which accounting solutions do you use?
We use modern online systems such as Merit Aktiva. Clients can view real-time financial data, exchange documents, and approve reports with just one click.
- Why should accounting be entrusted to professionals?
A professional accountant ensures timely reporting, helps optimize taxes, avoids penalties, and builds financial processes that make your business stable and confident.
