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Annual Report

450.00 €

Every company registered in Finland has to submit annual report to the Commercial Register within four months of the end of the financial year. It has to be prepared in Finnish and in the currency officially applicable in Finland (€)

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Description

Submitting annual report is mandatory for all the companies registered in Finland, even if the company has only 0,01 EUR activities during the financial year (e.g. bank account fees). All the accounting has to be completed before starting to compile the annual report.

Annual Report is public information that can be checked from Statistics Finland (Tilastokeskus) and it is available to anybody, who purchases the report. It might also be asked by a bank.

Annual Tax Report is not a part of Annual Report, but it is also mandatory to submit and the due date is the same. In certain cases auditor’s evaluation is mandatory. We can help you to find an auditor.

Included in the price:

  • Preparing mandatory documents for annual report (balance sheet book and specifications, income statement, depreciation accounting, stock accounting, general ledger, open sales and purchases invoices report, notes to the annual accounts
  • Submitting the data to Statistics Finland (Tilastokeskus)

Available for an extra fee:

  • Accounting if the accounting for the financial year is not done
  • Annual Tax Report
  • Communication with the auditor

Important information:

  • Submitting an annual report is mandatory even if the company doesn’t have any activities during the financial year.
  • It’s mandatory to submit the Annual Tax Report together with Annual Report.
  • Delay in submitting the Annual Income declarations on time will result in penalties.
DESCRIPTION

Submitting annual report is mandatory for all the companies registered in Finland, even if the company has only 0,01 EUR activities during the financial year (e.g. bank account fees). All the accounting has to be completed before starting to compile the annual report.

Annual Report is public information that can be checked from Statistics Finland (Tilastokeskus) and it is available to anybody, who purchases the report. It might also be asked by a bank.

Annual Tax Report is not a part of Annual Report, but it is also mandatory to submit and the due date is the same. In certain cases auditor’s evaluation is mandatory. We can help you to find an auditor.

Included in the price:

  • Preparing mandatory documents for annual report (balance sheet book and specifications, income statement, depreciation accounting, stock accounting, general ledger, open sales and purchases invoices report, notes to the annual accounts
  • Submitting the data to Statistics Finland (Tilastokeskus)

Available for an extra fee:

  • Accounting if the accounting for the financial year is not done
  • Annual Tax Report
  • Communication with the auditor

Important information:

  • Submitting an annual report is mandatory even if the company doesn’t have any activities during the financial year.
  • It’s mandatory to submit the Annual Tax Report together with Annual Report.
  • Delay in submitting the Annual Income declarations on time will result in penalties.

PROCESS FLOW

 

* We receive the need for company’s annual report and agree on the volume of the work (depends on the size of the company etc.)

* We need the balance sheet and income statement of the previous financial year

* If the accounting of your company’s previous financial year has not been done we need accounting source documents

* If your company needs to be audited or reviewed, we also need auditor’s opinion

* We go over the documents and compile it to annual report

* We submit the annual report to Commercial Register

FAQ

1) When is the audit or review of an annual report mandatory?
Info from here: https://1office.co/estonia/services/accounting/annual-report/

2) Who has to submit the annual report?
Submitting annual report is obligatory for all undertakings operating in Estonia, even if there is no activity during the financial year.

3) What happens if I do not submit the annual report?
When the annual report is not submitted, then eventually the Commercial registry may decide to delete the company.

4) More questions needed and coming, probably have to read through sales department inboxes

TESTIMONIALS

  1. 1Office made submitting annual report very easy for us. Thank you!
  2. Very quick service, I ordered the annual report in 2nd of February and it was submitted already by 5th of February and they gave me a nice discount too, because there is still time to submit the annual report for a few months.
  3. blabla, maybe some real customer reviews too 😀

SPECIAL OFFERS/PROMOTIONS

-25% until the end of February

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