Description
Who needs to file an annual report in Estonia?
Companies registered in Estonia must prepare and submit an annual report for each financial year. The reporting obligation also applies if the company had little or no activity during the year.
Our annual report service is suitable for:
- Active Estonian companies
- Foreign-owned Estonian companies
- E-resident companies with ongoing business activity
- VAT-registered businesses
- Companies with sales, purchases, bank transactions or payroll
- Growing companies with more extensive reporting requirements
- Larger companies subject to audit or review
- International groups requiring consolidated financial reporting
Was your company completely inactive?
If your company had no bank account, no VAT number, no sales revenue, no loans or leases, and no more than 5 purchase invoices, our dedicated Annual Report for a Dormant Company service may be the more suitable option.
Why choose 1Office for your Estonian annual report?
An annual report is more than an administrative filing. It is your company’s official financial record in the Estonian Business Register and may be reviewed by banks, investors, business partners, authorities and other stakeholders.
With 1Office, your annual reporting is handled by experienced accounting professionals who understand both Estonian requirements and the needs of internationally owned businesses.
With our annual report service, you get:
- Professional preparation of your annual report
- Review of the accounting information required for reporting
- Preparation of applicable financial statements, notes and disclosures
- Support with the Estonian Business Register filing process
- Assistance with the management report where applicable
- Identification of additional reporting requirements
- Audit and review preparation support where required
- Experience supporting audited companies and international groups
- Access to accounting, tax and compliance expertise under one roof
What is included in our Estonian annual report service?
Depending on your company’s reporting requirements, the service includes:
- Preparation of mandatory annual financial statements
- Preparation of required notes and disclosures
- Assistance with the management report where applicable
- Entry of annual report information into the Estonian Business Register
- Support through the approval and filing process
The exact content and scope of an annual report depend on the company’s size, reporting category and activities.
Audit or review services are not included in the starting price.
Is your accounting ready for annual report preparation?
Before an annual report can be prepared, the accounting for the relevant financial year must be complete.
If your accounting has not yet been completed, or there are missing transactions or documents, our accountants can first bring the accounting up to date and then prepare your annual report.
Additional accounting work is priced separately according to the volume and complexity of the work required.
Your accounting is not complete?
That does not mean you need to find another provider first. Tell us about your situation and we will assess what needs to be completed before your annual report can be prepared.
What happens if an annual report is filed late in Estonia?
Missing the annual report deadline can lead to enforcement action by the Estonian Business Register.
Late or continued non-filing may result in fines and formal warnings. If the annual report remains unfiled, proceedings can ultimately lead to compulsory dissolution or deletion of the company from the register.
Is your annual report already overdue?
Do not wait for another notice from the Business Register. We can assess your accounting records, determine what is still required and help bring your company’s annual reporting up to date.
How annual report preparation and filing works in Estonia
An Estonian company’s annual report must generally be submitted within six months after the end of its financial year.
For companies using the calendar year:
Financial year: 1 January to 31 December
Annual report deadline: 30 June of the following year
For example, a company whose financial year ended on 31 December 2025 had an annual report deadline of 30 June 2026.
- What is the annual report deadline in Estonia?
-
An Estonian company’s annual report must generally be submitted within six months after the end of its financial year.
For companies using the calendar year:
Financial year: 1 January to 31 December
Annual report deadline: 30 June of the following yearFor example, a company whose financial year ended on 31 December 2025 had an annual report deadline of 30 June 2026.
How much does an annual report cost in Estonia?
Annual report preparation starts from €250 + VAT.
The final price depends on the actual scope of work, including:
- Volume of accounting transactions
- Completeness of your bookkeeping
- Size and complexity of the company
- Number and complexity of required disclosures and annexes
- Company’s activities during the financial year
- Additional accounting work required before annual report preparation
- Audit, review or consolidation requirements
We assess your company’s situation and confirm the scope and price before starting the work.
Get your Estonian annual report prepared professionally
Whether you run an active Estonian company, manage a foreign-owned subsidiary or need support with more complex financial reporting, our accounting team can help you meet your annual reporting obligations.
Keep your company compliant and make sure its annual financial information is prepared correctly.
Does your Estonian company need an audit or review?
Not every Estonian company requires an audit or review. The requirement generally depends on the company’s revenue, total assets and average number of employees, although additional rules apply to certain types of entities.
When is a review required in Estonia?
A review is generally required when at least two of the following indicators are exceeded:
| Indicator | Review threshold |
|---|---|
| Sales revenue or income | €2,000,000 |
| Total assets | €1,000,000 |
| Average number of employees | 24 |
A review is also generally required when at least one of these higher indicators is exceeded:
| Indicator | Review threshold |
|---|---|
| Sales revenue or income | €6,000,000 |
| Total assets | €3,000,000 |
| Average number of employees | 72 |
When is an audit required in Estonia?
An audit is generally required when at least two of the following indicators are exceeded:
| Indicator | Audit threshold |
|---|---|
| Sales revenue or income | €5,000,000 |
| Total assets | €2,500,000 |
| Average number of employees | 50 |
An audit is also generally required when at least one of these higher indicators is exceeded:
| Indicator | Audit threshold |
|---|---|
| Sales revenue or income | €15,000,000 |
| Total assets | €7,500,000 |
| Average number of employees | 180 |
Specific audit or review requirements can apply to certain entities regardless of these general thresholds. If you are unsure whether your company requires an audit or review, our accounting team can help assess your reporting requirements.
Audit support and financial reporting for larger Estonian companies
If your company’s annual report requires an audit or review, preparing the annual accounts is only one part of the process.
Our accounting team can prepare the required financial documentation and coordinate directly with your auditor to help make the audit process efficient and well organised.
Our clients have successfully completed their audits with 1Office supporting the accounting and preparation process.
We work with both Estonian businesses and international groups that have more complex annual reporting requirements.
Annual reporting and audit support we provide
Depending on your company’s needs, we can assist with:
- Preparation of documentation required for an audit or review
- Coordination and communication with your auditor
- Financial analysis
- Cash flow reporting
- Consolidated annual reports
- Consolidated financial reporting
- Ongoing accounting and financial reporting
Need support with your next audit or consolidated annual report?
Tell us about your company’s reporting requirements and our accounting team will assess how we can support your annual reporting and audit process.
Frequently Asked Questions about annual reports in Estonia
Who has to submit an annual report in Estonia?
Companies registered in Estonia must prepare and submit an annual report for each financial year. The reporting obligation also applies when a company has had little or no business activity.
When is the annual report deadline in Estonia?
The annual report must generally be submitted within six months after the end of the financial year. For a company whose financial year ends on 31 December, the deadline is 30 June of the following year.
Does an inactive Estonian company need to submit an annual report?
Yes. Having no business activity does not generally remove the annual reporting obligation. If your company meets the eligibility requirements for our dormant-company annual report service, that service may be more suitable.
What happens if I do not submit my annual report in Estonia?
Failure to submit a required annual report can lead to enforcement action by the Estonian Business Register, including fines and formal warnings. Continued non-compliance can ultimately result in compulsory dissolution or deletion proceedings.
Does my accounting need to be completed before preparing the annual report?
Yes. The accounting records for the financial year must be sufficiently complete to prepare accurate annual financial statements. If your accounting is unfinished, 1Office can complete or correct the required accounting work for an additional fee.
What does an Estonian annual report include?
The exact content depends on the company’s size and reporting category. Depending on the company, it may include a balance sheet, income statement, notes, management report, cash flow statement, statement of changes in equity and other required disclosures.
Does every Estonian company need a management report?
Not necessarily. Reporting requirements depend on the company’s category and the financial reporting framework applied. Simplified annual reporting requirements are available to certain qualifying micro-undertakings.
Does every Estonian company need an audit?
No. Audit and review requirements generally depend on financial indicators including revenue, total assets and average number of employees. Specific rules also apply to certain types of entities.
Can 1Office support companies whose annual report requires an audit?
Yes. Our accounting team can prepare financial documentation required for the audit and coordinate directly with your auditor. We also support larger and international businesses with financial analysis, cash flow reporting, consolidated annual reports and audit support for consolidated financial statements.
Can 1Office prepare an annual report if another accountant handled my accounting?
Yes. We can prepare the annual report using accounting records provided by another accountant or accounting provider, provided the records are complete and suitable for annual reporting. We assess the accounting records before confirming the scope of work.
Can 1Office help if my accounting for the year is unfinished?
Yes. Our accountants can complete or correct the necessary bookkeeping before preparing the annual report. The additional work is priced according to the volume and complexity of the accounting required.
Can 1Office prepare annual reports for larger or more complex Estonian companies?
Yes. Our annual report service is not limited to small or dormant companies. We support active businesses, foreign-owned companies, audited businesses and international groups with more extensive annual reporting requirements.
