General

• Annual Report Explained

  The annual report is a document that Estonian companies must write and submit to the authorities after the fiscal year has passed(usually within six months). It contains all the transactions, movements, and operations of the company. In addition, the annual report allows you to distribute the earnings of the previous fiscal year (if applicable) in the form of dividends. Your company cannot distribute dividends until the annual report is filed. Please note that if your company was regFew readers

• 5-Step Annual Report Submission With Companio

  Preparing your annual report with Companio is very easy! You just have to follow these 5 steps. STEP 1: Payment For us to start preparing your annual report, you first have to make the payment of €250 + VAT from Companio's dashboard. STEP 2: Requisites Once the payment is made, the accountant will review the requirements and documents necessary for you to prepare and submit your annual report. When you have collected them, you will receive a notification, and you can start uploading thFew readers

• I Switched to Companio, What About My Annual Report?

  If you have worked with another provider, have recently joined Companio, and want us to submit the report for the previous year, no problem! We can prepare it Prepare and submit the annual report with Companio is very easy! In just 5 steps it will be done. This service includes: Preparing and uploading the report so you can sign it and submit it to the authorities. Getting help in distributing tFew readers

• Why Does Your Company Have to File an Annual Report?

  If you do not submit the annual report on time, the authorities can fine you as a legal entity and as an individual. In fact, your company may be subject to fines ranging from €200 to €3,000 if your annual report is not completed before the deadline. Before that happens, the court will send you an email notification with a new deadline. Still, you must have your official company email registered in the e-Business Register. If, after that, yourFew readers

Step 1: Payment

• Price of Submitting the Annual Report With Companio

  If you want to submit the annual report for the current period (e.g., in January 2023, you wish to submit the annual report for 2022), the price is €250 + VAT. If you want to submit the annual report for previous years (e.g., if you are going to submit the report for 2020 or 2021 in January 2023), it is considered a "late" annual report. In this case, the price is €500 + VAT.Few readers

Step 2: Requisites

• How to Grant Permission to Prepare the Annual Report

  Access the Company Registration Portal with your e-resident ID. Locate your company and click on it. Then go to "Annual reports". Click “Defining persons entering data” to give us permission to prepare your annual reports. Click the button to add a new person. Ask us for the code of the accountant in charge of preparing your report and enter this number in the right field. Select “The person entering data is authorised to submit the report”. SaFew readers

Step 3: Preparation & Confirmation

• I Have Losses, What Can I Do?

  Preparing the annual activity report of your company is one of the activities that we include for free in our services if you’ve been with us for that fiscal year. It is also the most demanding procedure required for the correct accounting and bookkeeping of your company. What’s inside that annual report? It’s a collection of all fiscal elements that defined the activity of your company in that fiscal year. It must contain everything, from your invoices, documents, and bank movements to taxeFew readers

• I Have Profits, How Do Dividends Get Distributed?

  When distributing dividends for your Estonian business, it is essential to understand the process. First, you must fill in the "Profit distribution resolution" section when reviewing your annual report. This section includes the amount you plan to distribute in dividends and the calculation of your retained earnings after distribution. For example, if you plan to distribute €30,0Few readers

Step 4: Signature & Submission

• How Do I Sign My Company’s Annual Report?

  These are the steps to follow to submit your annual report: Step 1: Compiling the report. Here you will see a summary of the general data of the annual report. Step 2: Review the report. In this step, you can review the annual report that we have prepared for your company. Step 3: Sign the report. You will see a screen with the report in PDF and the missing signatures of the board members who can sign the report. Step 4: Submission of the report. This critical step reFew readers