Eesti Firma – your reliable partner for business registration in Estonia, specializing in a full range of corporate and accounting services. With our extensive experience, we ensure your business meets all legal requirements and thrives in the Estonian market.
File Your Annual Report for Inactive Company
Keep Your Dormant Company Compliant – €150
Submit your Financial Disclosure in Estonia to maintain your dormant entity’s status in the Estonian Business Register. At Eesti Firma, we specialize in preparing and submitting financial statements for undertakings without activity, ensuring full compliance with local corporate regulations.
For just €150, we’ll prepare and submit your Financial Report within one business day, providing efficient service to keep your business in good standing without delay.
In this article, we detail the Financial Activity Report for a Dormant Company, its significance, and the submission process to help you navigate this essential procedure effortlessly. Understanding these requirements is crucial for maintaining your entity’s good standing with the Estonian Business Register and ensuring compliance with local legislation.
If you are interested in detailed information about the procedure for submitting annual reports in Estonia or the deadlines for financial reporting, please read the relevant articles in our blog.
Is your company inactive or dormant?
Every Estonian legal peson, including a dormant entity, is required to file an financial disclosure, regardless of activity during the year. Even without any transactions, submitting this report is mandatory to confirm compliance with all legal requirements and to maintain status in the Estonian Business Register.
A zero financial activity report, is a financial statement submitted by entity when no financial activity occurred during the reporting period. It confirms the absence of income, expenses, and other business operations for a dormant entity. This financial reporting serves as official confirmation that the inactive entity continues to exist and complies with Estonian legislation, even if it is temporarily inactive.
By turning to the professionals at Eesti Firma, you ensure timely and accurate submission of your dormant company’s financial report. Contact us today for reliable support and peace of mind for your business’s future.
- Do I need to file an annual report if my company was inactive or dormant?
Yes, every Estonian entity, including a dormant company with no business activity, is required to submit afinancial statement. This is mandatory regardless of operations during the financial year.
- What happens if I don't submit my company's annual report on time?
Failing to submit your company’s annual report on time may result in penalties and fines. Prolonged delays could lead to the compulsory dissolution and removal of your undertaking from the Estonian Business Register, affecting your legal standing in Estonia.
- When is the annual report due?
In most cases, the annual report for the financial year must be submitted to the Business Register by June 30. This deadline applies to all companies in Estonia, including those that are dormant or have been inactive throughout the year.
- How much does it cost to file an annual report for a dormant company in Estonia?
The cost of accounting services for submitting a financial report for a dormant company in Estonia is €150. This fee includes the preparation and submission of your annual return to ensure compliance with Estonian corporate regulations.
- How quickly can an annual report for a dormant company be prepared and submitted?
Our professional accountants typically prepare and submit the financial statement for a dormant company within one business day. This prompt service helps keep your enterprise compliant with Estonian accounting requirements without delay.
In summary, the Zero Financial Report records the absence of income, expenses, and other financial transactions, confirming the dormant undertaking’s existence and compliance with Estonian legislation. Entrust us with your accounting obligations so you can focus on developing your business.
Contact Us
Don’t delay submitting your dormant entity’s financial disclosure until the last moment. Contact Eesti Firma today, and we will handle all the formalities. Our experienced accountants will ensure your statement is prepared and submitted on time, keeping your dormant entity compliant.
