Investment and crypto accounting for an Estonian company means recording portfolio movement and income in the company’s books with source documents that meet the Estonian Accounting Act’s requirements. Because Estonia taxes only distributed profit, gains inside the company are not taxed while they remain there, whether realised or unrealised.
What investment accounting in Estonia covers
We work from the broker’s statements rather than re-recording every individual trade. The result is a set of books where the portfolio value, cash balance and period result tie to what the broker reports, which is what the annual report and the tax authority need, without paying for position-by-position bookkeeping that duplicates what the broker already does. Where a client needs position-level detail for their own purposes, we scope that separately.
| Asset type | What we reconcile |
|---|---|
| Shares and ETFs | Dividends received, withholding tax at source identified where material, realised results for the period, broker fees, portfolio value at period end |
| Bonds and fixed income | Purchases, interest and coupons received or accrued, redemptions, discount |
| Brokerage accounts | Interactive Brokers, LHV and other brokers: booking from the broker’s period statement so cash and portfolio balances tie to the statement, including currency differences on non-EUR accounts |
| Peer-to-peer lending | Mintos and similar platforms: interest income, principal repayments, defaults and recoveries |
| Crypto exchanges | Deposits, withdrawals, trades, fees |
| Crypto self-custody | Multi-chain wallet activity across EVM chains, Solana and layer-2 networks |
| Real estate | Rental income, depreciation, financing costs |
Your company pays no income tax on unrealised gains in Estonia
An Estonian company pays corporate income tax only when profit is distributed. A portfolio that rises in value creates no tax liability. Neither does selling a position at a profit as long as the proceeds stay in the company. Revaluing securities to market value at year end produces accounting profit in your financial statements and that profit is still not taxed. It becomes taxable only when it leaves the company as a dividend, taxed at 22% (22/78 of the net distribution) in 2026.
The practical consequence: a portfolio held inside an Estonian company compounds on pre-tax returns. Dividends received, realised gains and unrealised appreciation can all be reinvested without an annual tax drag. Tax arrives once, at the point you take money out.
We make sure foreign dividends are not taxed twice
Dividends your company receives from abroad may already have carried withholding tax in the source country. Estonia does not tax that income again when the company passes it on, provided the statutory conditions are met, but the relief is not automatic. It has to be claimed in the declarations with the foreign tax and the holding documented. Our bookkeeper prepares and files those declarations as part of the normal monthly and annual routine.
Moving an existing portfolio into an Estonian company
If you already hold securities personally and want them inside a company, the transfer is a non-monetary contribution to share capital. It has to be valued and documented properly at the point of transfer.
Our legal advisor handles the documentation side and we set up the accounting to match, so the opening balances are right from day one.
What investment accounting in Estonia costs
€50 per hour for securities and conventional portfolios. €80 per hour where the company has crypto activity.
Most investment clients need an annual report only rather than monthly bookkeeping. Where the company also trades, this bundles into a monthly accounting package.