The Estonian annual report (majandusaasta aruanne) must be submitted to the Estonian Business Register within six months of the end of the company’s financial year, 30 June for companies using the calendar year. Every Estonian company files one, including dormant companies with no activity. The report must be prepared under Estonian accounting standards and submitted electronically in the register’s prescribed format.
What the Estonian annual report contains
An Estonian annual report is not a single document. It is a package, and an incomplete package is rejected:
| Component | What it shows |
|---|---|
| Balance sheet | Assets, liabilities and equity at the financial year end |
| Income statement | Revenue, expenses and result for the year |
| Notes to the accounts | Accounting policies, and the breakdowns the register requires for your company size |
| Management report | A short narrative on activity during the year and expected developments |
| Profit distribution proposal | What the board proposes to do with the result |
| Shareholder resolution | Approval of the report |
Small and micro companies file an abridged version with fewer notes. Which category you fall into depends on your balance sheet total, revenue and employee numbers, we determine this before starting.
The Estonian annual report deadline
Six months after the financial year ends. For the overwhelming majority of companies, whose financial year is the calendar year, that means 30 June.
The report is filed through the Estonian Business Register’s e-service. Filing requires a digital signature from a board member, so plan for the signing step before the due date.
Who this service is for
- Dormant companies with no or minimal activity
- Holding companies and investment vehicles
- Micro companies that do not need monthly bookkeeping
- Companies with securities or crypto portfolios needing investment accounting
- Companies whose previous accountant stopped responding
- E-resident owners who have just realised the deadline is close
How we prepare and file your Estonian annual report
- You provide the year’s records: bank statements, invoices, contracts, broker statements and wallet lists where relevant.
- We do the full year’s bookkeeping in one pass. For a dormant company this is quick, for an active or investment-holding company it is the bulk of the work.
- We prepare the balance sheet, income statement and required notes under Estonian accounting standards.
- We prepare the management report and the profit distribution proposal.
- You review and digitally sign. We send the complete report in English with an explanation of anything unusual.
- We file it with the Business Register and confirm submission to you.
Overdue years are handled the same way, oldest first. We can file several years in one engagement.
Price
€50 per hour for a standard company. €80 per hour for companies with crypto activity.
A dormant company with a single bank account is usually a small number of hours. Companies with investment portfolios, multiple currencies or crypto activity take longer.
Deadline approaching, or several years overdue? Send us your bank statements and we will tell you what it will take.
FAQ
What is the deadline for the Estonian annual report? Six months after the financial year ends. For a calendar financial year, that is 30 June.
Does a dormant Estonian company still have to file an annual report? Yes. The obligation is unconditional. A company with zero transactions still files a report showing zero activity.
What happens if I have not filed for several years? We can prepare and file multiple overdue years. The Business Register can impose fines and ultimately initiate deletion proceedings, so the sooner it is corrected the better.
Can I file the Estonian annual report myself? Legally yes, if you can prepare accounts under Estonian accounting standards. In practice, most foreign owners find the prescribed format, the required notes and the classification rules the hard part.
Does the report have to be in Estonian? The report is filed in the register’s format. We prepare and explain everything to you in English.
How long does it take? For a dormant company, days. For a year of unreconciled activity or an investment portfolio, allow several weeks.