Accounting for Founders, Investors and Estonian e-Resident Companies
Focus on growing your business while we handle your bookkeeping, tax compliance and financial reporting.
Target Smart Services OÜ is an Estonian accounting firm that keeps the books for companies owned by e-residents and foreign founders. We handle monthly bookkeeping, VAT returns, payroll and the annual report your OÜ must file with the Estonian Business Register without you needing to learn Estonian accounting law.
You founded an Estonian company. Now someone has to keep it compliant.
Registering an OÜ takes an afternoon. Staying compliant takes twelve months a year. Estonian law requires your company to maintain accounting records, file monthly tax declarations when it has activity, register for VAT once it crosses the threshold and submit an annual report within six months of the financial year end.
We take that entire cycle off your desk.
Our Services
#1
Company Formation Support
Starting a business in Estonia? We’ll help you establish a company in Estonia.
Read more about setting up a company in Estonia.
#2
Monthly Bookkeeping
Purchase and sales invoices, bank reconciliation, VAT returns (KMD), payroll declarations (TSD) for companies with regular activity. Read about our monthly services.
#3
VAT Registration & VAT Returns
We’ll register your company for VAT when required and submit all VAT returns accurately and on time for cross-border sellers and SaaS
#4
Annual Reports
One-off yearly bookkeeping, statutory annual report, filing to the Business Register for dormant or low-activity holding companies. Read about the annual report.
#5
Payroll Services
Board member and employee payroll, social tax, unemployment insurance, e-MTA filings for companies paying salaries or board member fees
#6
CFO and Controller services
Cash flow forecasts, budgets, KPI reporting, management accounts for growth-stage companies. Read more about the CFO service.
#7
Legal Assistance
We assist entrepreneurs and investors with business, contract, and employment law matters, help prepare contracts and advise on legal issues. We help with formalising non-monetary contributions and establishing private limited companies.
#8
Investment & Crypto Accounting
Securities, brokerage accounts, crypto wallets and exchanges for investors, traders, holding structures. Read more about investment accounting.
Why Choose Target Smart?
We work in English. Every report, every explanation, every e-mail.
We understand cross-border. Most of our clients live outside Estonia and earn outside Estonia. Permanent establishment risk, place-of-supply rules for VAT, and where board member fees are taxed are ordinary questions here.
We handle investment and crypto portfolios. Multi-wallet, multi-chain and multi-broker reconciliation is a specialist skill. We have been doing it for years.
Frequently Asked Questions
Do I need an accountant for my Estonian OÜ? Estonian law does not require you to hire an external accountant, but it does require your company to maintain accurate accounting records and file an annual report every year. In practice, most business owners choose to work with an accounting service so they can focus on growing their business, not managing the books.
Can you take over from my current service provider? Yes. If needed we review the prior periods, list what needs correcting and quote the cleanup separately.
How much does accounting for an Estonian company cost? Monthly bookkeeping packages start at €79 per month. Annual-report-only service for dormant and micro companies is billed hourly. Final pricing depends on transaction volume, VAT status and payroll.
What languages do you work in? English, Estonian and Russian.
Client Testimonials
