Help Guides
Audit requirements for Estonian companies from 01.01.2024
The Estonian Parliament has accepted the law, and it is waiting for presidential approval.
The financial statements of all public limited companies and foundations should be audited.
Digital Signing in the 1DOX Portal: A Tutorial Video
In Estonia, most documents, such as agreements, authorizations, and applications, are signed digitally. The 1DOX digital signing portal is an easy tool for signing documents online - No registration, just login with PIN1 - Start for free - 10 EUR credit for each user (=27 signings)...
Overview of Procedures for Filing Personal and Corporate Taxes in Estonia
Individuals are considered tax residents if they spend more than 183 days in Estonia within 12 months or have a permanent home in the country...
Overview of Estonia's Double Taxation Treaties
Estonia has established a network of double taxation agreements (DTAs) with various countries to prevent the same income from being taxed in multiple jurisdictions....
Digital Nomad Visa: Tax implications for remote workers living in Estonia
The Digital Nomad Visa allows remote workers to live and work legally in Estonia while enjoying its digital infrastructure's benefits. However, there are significant tax implications to consider...
What are the Estonian Tax Residency Rules
To become a tax resident in Estonia, an individual must meet at least one of the following criteria: Permanent Residence...
Overview of VAT rates in Estonia
In Estonia, Value Added Tax (VAT) is a significant part of the tax system. Here’s a summary of the current VAT rates and exemptions in Estonia...
Applicable Deductions from Personal Income Tax in Estonia
Individuals can earn up to €6,000 per year tax-free. This allowance is gradually reduced for higher incomes...
Overview of Personal Income Tax in Estonia
Estonia employs a flat income tax rate of 20% on personal income. This means that all individuals pay the same tax percentage regardless of income level...
Accounting for Crypto Companies in Estonia
Crypto exchange companies in Estonia are required to have a cryptocurrency license and follow the same reporting rules and requirements as any other financial institution in Estonia. According to the European Court of Justice ruling, cryptocurrencies are exempt from VAT.
General Meeting Minutes for Business Registry amendments in Estonia
Shareholders' decision in the form of General Meeting Minutes is necessary for almost all changes to the company's registry...
Legalization of documents for Estonia and an apostille
An apostille is a certification that confirms the authenticity of a document for use in another country. It is designed to streamline the process of legalizing documents...
Requirements when signing documents by the local notary (outside Estonia)
The most important detail is that the notary must certify the identity of the signing person(s). This requirement must be stated in the notary text. If the notary...
How to change Estonian Company board membership
To change board membership in the Business Registry, a Shareholders' Decision must first be made and signed in the form of General Meeting Minutes.
How to change Estonian company ownership
There are three ways to change company ownership: 1. Transfer of shares via a notary deed. This is widely used but often bureaucratic, time-consuming, and expensive...
Recommendations for accounting software popular in Estonia
For an easy and accessible solution, we offer our customers the cloud-based accounting software SmartAccounts (in English) for managing our clients' accounts. It is best suited...
Accounting requirements in Estonia for new non-active companies
If a company is not actively trading, it is not required to have monthly accounting; only mandatory yearly reporting is needed. However, if a board member wants to comply with local rules, they may choose to do so.
Accounting principles and standards used in Estonia
The annual accounts are prepared in accordance with the Estonian Financial Reporting Standard, which consists of financial reporting requirements based on internationally accepted...
How to distribute profits from an Estonian company
Before distributing dividends, the company's share capital must be paid in. According to the Commercial Code, profits cannot be distributed if the company...