Description
Key features of our Estonian accounting services
Everyday accounting – cash flow monitoring, bank reconciliation, and document processing for accurate and timely financial information.
Online accounting software (available in English & Estonian) – access your company’s data anytime, anywhere.
Invoicing made easy – create and send sales invoices directly through the software or let us handle it for you.
Real-time reporting – instant overview of unpaid invoices, 6-month business results, product sales, and more with visual graphs.
Easy expense forwarding – snap photos of your expense documents and upload them via our mobile app.
E-invoices support – fully compliant with Estonian requirements.
Fixed monthly price – from €75/month + VAT, based on your business needs and volume.
Included in the accounting service
Everyday bookkeeping:
- Verification of original documents
- Digitalizing purchase invoices
- Recording bank transactions and financial entries
- Sales and expense invoices based on your package
- General ledger maintenance
Monthly reporting & compliance:
- VAT declaration (KMD), intra-community supply report (VD)
- Payroll & social tax declarations (TSD)
- Monthly balance sheet & income statement
- Accounts receivable and payable reports
- Consulting time according to your package
Important Information
Minimum monthly fee: €75 + VAT (based on volume and field of activity)
One-time setup fee: €100 (software setup, access creation, opening balances, training webinar)
Hourly fee for extra services: from €100/hour + VAT (consultations, audit support, consolidation, etc.)
Invoices are issued monthly and payable within 7 days.
We accept documents in Estonian, English, and Russian.
Annual report submission is mandatory for every Estonian company. VAT-registered companies and employers must also file monthly tax returns.
Additional Accounting Services
(for an extra fee)
Payroll services
Fixed assets & investment accounting
Corporate income tax calculation
Excise tax, MOSS, and other declarations
Intrastat & Bank of Estonia reporting
Interaction with tax authorities during audits
Consolidation & group reporting
Financial analysis, budgeting, and cash flow forecasts
Training sessions on Estonian accounting & taxes
- Applying for an EORI number
Frequently Asked Questions
How much do accounting services in Estonia cost?
Our packages start from €75 per month, plus a one-time setup fee of €100. The price depends on your transaction volume and business activity.
Is accounting mandatory in Estonia for every company?
Yes. Every Estonian company must maintain proper bookkeeping and submit an annual report. If the company is VAT-registered or employs staff, monthly tax declarations are also required.
Can I use English-language accounting software?
Yes. Our Estonian accounting software is available in both English and Estonian, with full online access from anywhere.
Do you provide VAT registration in Estonia?
Yes. We assist with VAT registration and handle all related tax declarations (KMD, VD).
Can e-Residents of Estonia use this accounting service?
Absolutely. Our services are tailored for both local entrepreneurs and Estonian e-Residents who manage companies remotely.
What happens if declarations are late?
The Estonian Tax Board issues fines for late submissions. To avoid penalties, all documents must be sent to your accountant by the 5th day of the following month.
