Accounting services in Estonia: TSD by the 10th, VAT by the 20th
We keep the books of your Estonian OÜ online and file TSD by the 10th, the VAT return by the 20th and the annual report by 30 June.
Filing dates
Every 10th TSD return: salaries, fees, fringe benefits and dividends of the month before
Every 20th VAT return, KMD, and the VAT for the month before
30 Jun Annual report for the calendar year before, in the e-Business Register
10 Nov 2026 TSD return for October, the first built from payroll data sent to e-MTA
What accounting an Estonian company must keep
Books from the day of registration
Every OÜ keeps books from the day it is registered, under the Accounting Act. The books follow the Estonian financial reporting standard or IFRS, the international standards, and the annual accounts are written in Estonian and in euros. The financial year is the calendar year unless the articles name another, and a first year runs for up to 18 months.
Tax follows payments, not the year
Estonia asks for no yearly corporate income tax return. Tax follows payments: a salary, a director's fee, a fringe benefit or a dividend is declared in the month after it is paid. We file that declaration, the TSD return, by the 10th. Profit the company keeps bears 0%, and profit it pays out bears 22/78.
Records, e-invoices and the two portals
- Source documents and ledgers are kept for 7 years from the end of the financial year
- A buyer listed in the register as an e-invoice recipient has the right to an e-invoice in the EN 16931 format, since 1 July 2025
- Tax returns go to the Tax and Customs Board through its portal, e-MTA, and the annual report to the e-Business Register
What we do each month and each year for your Estonian OÜ
Every month
- Books from your bank statements, invoices and receipts
- Payslips and the payroll taxes
- The TSD return on salaries and fees
- The VAT return, and the report on sales to EU businesses
- The month's figures and missing documents in your account
Every year
- The annual report, within 6 months of the year end
- The shareholders' resolution on the report and the profit
- The beneficial owners, confirmed with the report
- The file for the sworn auditor, above the review or audit thresholds
- Questionnaires of Statistics Estonia, when the company is in its sample
When it happens
- A dividend: declared in the next month's TSD
- A new employee: the employment register by the first working day
- Sales past €40,000 in the calendar year: the VAT application within 3 working days
- Goods traded outside the EU: the EORI number
The filing year of an Estonian company
For a financial year that ends on 31 December. We keep this calendar for your company and file before each date.
- Jan
- Feb
- Mar
- Apr
- May
- Jun30 Annual report
- Jul
- Aug
- Sep
- Oct
- Nov10 First e-MTA TSD, 2026
- Dec
The 10th of every month TSD return: salaries, fees, fringe benefits and dividends of the month before
The 20th of every month VAT return, KMD, and the VAT for the month before
Every month with sales to EU businesses form VD, by the 20th of the next month
What clients write about Legarithm
4.8 on Google from 26 reviews.
What accounting services in Estonia cost
The monthly fee follows the documents in a month, the VAT registration and the people on the payroll, and it is fixed in your quote. For the cost of the whole company for a year, see the Estonia services page.
Accounting in Estonia, our fee
Fixed in your quoteYou get the figure in writing by the end of the next working day.
Get a quote- Payroll, each employee
- in your quote
- Annual report
- in your quote
- Review or audit by a sworn auditor
- in your quote
- State fee for a change to the register entry
- €25
Estonian tax returns: forms, due dates and late-filing charges
We file each one on its date. The last column is what the law sets for a late filing.
| Filing | Form | Due | If it is late |
|---|---|---|---|
| Salaries, fees and payroll taxes | TSD | 10th of the month after payment | Levy of up to €1,300, then €2,000; misdemeanour fine of up to €3,200 |
| Fringe benefits, gifts, entertainment | TSD, Annexes 4 and 5 | 10th of the next month | Same as TSD |
| Dividends | TSD, Annex 7, with form INF 1 | 10th of the month after the payout | Same as TSD |
| VAT, at the standard rate of 24% | KMD with annex KMD INF | 20th of the next month | Same as TSD |
| Sales to EU businesses | VD | 20th of the next month | Same as TSD |
| Tax paid late | Any tax | From the day after its due date | Interest of 0.06% a day, 21.9% a year |
| Annual report | e-Business Register form | 6 months after the year end | Fine of up to €3,200, repeated until filed. After a warning, deletion once 3 months have passed |
Payroll taxes in Estonia in 2026: rates for employer and employee
We calculate each salary and fee, send the payslip and declare the month in TSD.
| Tax or contribution | Rate in 2026 | Who pays |
|---|---|---|
| Income tax | 22% | Employee, withheld |
| Basic exemption of a resident | €700 a month | On the employee's request |
| Social tax | 33% | Employer |
| Minimum social tax | €292.38 a month (33% of €886) | Employer |
| Unemployment insurance | 1.6% and 0.8% | Employee and employer |
| Funded pension, second pillar | 2%, 4% or 6% | Employee who has joined |
| Minimum wage, full time | €946 a month from 1 April 2026 | Employer |
€1,657.84A gross salary of €2,000 a month
A resident employee with the exemption and a 2% pension rate pays €32 of unemployment insurance, €40 to the pension fund and €270.16 of income tax, and takes home €1,657.84. The company adds €660 of social tax and €16 of unemployment insurance: the month costs it €2,676.
22% + 33%A director's fee
The fee bears 22% income tax and 33% social tax and no unemployment insurance, wherever the director lives. On €2,000 the company withholds €440 and pays €660. An A1 certificate from the director's home country takes the Estonian social tax away.
From 1 October 2026 salary data goes from the accounting software straight to e-MTA, where the TSD return is built from it. The first such return, for October, is due on 10 November 2026.
How you see the books and what you send each month
The books, the returns and the documents of your company sit in one account on the Legarithm platform. You write there to the person who keeps your books and get an answer within one working day.
Statements of each bank and payment account, the sales invoices you issued, purchase invoices and receipts, contracts signed in the month and changes in staff.
A return stands in the account with its figures ahead of the 10th or the 20th. You approve it there, and we file it.
The director grants us the accountant's package in e-MTA and the right to enter reports in the e-Business Register. The e-MTA grant ends on the day you set.
Tax on distributed profit in Estonia: 22/78, declared by the 10th
0% Profit that stays in the company
Profit kept or reinvested bears no income tax and enters no monthly return. A dividend is paid from an annual report the shareholders have approved.
22/78 Tax on a net dividend
The company pays 22/78 of what it pays out: €2,200 on a dividend of €7,800. Since 2025 Estonia taxes a dividend at the company only, with nothing withheld from the owner.
10th Day the payout is declared and paid for
We declare the dividend in Annex 7 of TSD, list the recipients in form INF 1 and send you the sum due by the 10th.
33% Social tax added to a fringe benefit
A benefit to an employee or a director bears income tax at 22/78 and social tax at 33%. We declare it in Annex 4 of TSD.
The annual report of an Estonian company: deadline, contents, audit
30 JuneThe annual report, due in 6 months
The management board files the annual report in the e-Business Register within 6 months of the end of the financial year: by 30 June for a calendar year. We prepare it, you approve the figures in your account, and the director signs it digitally or on paper.
€450,000Micro and small undertakings
A micro undertaking stays within two of three limits: €450,000 of assets, €900,000 of income, 10 employees. It files a balance sheet, an income statement and short notes. A small undertaking, within two of €7.5 million, €15 million and 50 employees, adds a management report.
2 of 3Indicators make a review or an audit compulsory
A review or an audit is compulsory once two of the three indicators in the table are passed. One alone is enough above €6 million of income, €3 million of assets or 72 employees for a review, and above €15 million, €7.5 million or 180 for an audit. A sworn auditor signs the report, and that role is arranged as part of our service.
Sales revenue or income
- Review above
- €2,000,000
- Audit above
- €5,000,000
Total assets
- Review above
- €1,000,000
- Audit above
- €2,500,000
Average number of employees
- Review above
- 24
- Audit above
- 50
Taking over the books from another accountant in Estonia
The returns keep their dates while the books move to us.
- day 11
You switch the access
The director ends the previous accountant's rights in e-MTA and in the e-Business Register and grants them to us.
- then2
We collect the records
We ask the previous accountant for the trial balance, the ledgers, the fixed asset list, the payroll records and the filed returns.
- then3
We check the balances
We reconcile the books with the bank statements and with the company's balances in e-MTA. Your account then shows each return as filed, due or late.
- from the next due date4
We file from the next due date
The next TSD or VAT return is ours. A company we set up needs no handover: company formation in Estonia.
A platform where you open
and run the company online
Your whole company is in your pocket. Sign documents, check the books and write to your accountant from your phone.
Your Company OÜ
- Registration in progress
- Next deadline prepared
- Last month closed on time
- Passport copy Uploaded
- Proof of address Checked
- Company documents Sign
- Source of funds declaration Upload
You upload scans and sign the forms in the account. We keep the certificates and registers here afterwards, ready for a bank or an auditor.
The Legarithm team
We prepare your documents, check them before they are filed and keep your books.
Legal
Christina Agapiou Corporate Lawyer
Vasiliki Chatzigeorgiou Compliance Officer
Iryna Hrabovetska Associate
Anastasiia Kolomiiets Associate
Ivanna Plieshivtseva Junior Associate
Vladyslav Khamenushko Paralegal
Alisia Navrotska Paralegal
Vladyslav Syliava Paralegal
Finance and accounting
Ioannis Akritidis Accountant
Elizaveta Pytkina Accountant
Nataliia Dobrynina Accountant
Anna Kyrylova Finance specialist
Questions about accounting services in Estonia
Is accounting mandatory for an Estonian company?
Yes. Every OÜ keeps books under the Accounting Act and files an annual report for each financial year, including a year with no sales and no costs.
Can the accounting of an Estonian company be done remotely?
Yes. Tax returns are filed in e-MTA and the annual report in the e-Business Register, both online. You approve each one in your account, as with our other outsourced accounting services.
When must an Estonian company register for VAT?
Once its taxable sales in Estonia pass €40,000 in a calendar year. The application is due within 3 working days, and the Tax and Customs Board registers the company within 5. The company proves in the application that it does business in Estonia or is about to start: a business plan, a preliminary contract or a lease is proof. A new company can ask for the number in the application that registers it: company formation in Estonia.
When are VAT returns due in Estonia?
By the 20th of the month after each calendar month, with the VAT paid by the same day. The annex KMD INF lists the invoices of every business partner that reach €1,000 before VAT in the month. In the return the company deducts the VAT on its purchases from the 24% it charges on sales in Estonia. Goods sent to a VAT-registered business in another EU member state are declared at 0%, as are services taxed in the customer's member state.
What is the corporate tax rate in Estonia in 2026?
0% on profit the company keeps and 22/78 on profit it pays out, which equals 22% of the gross amount. The 14% rate for regular dividends ended on 1 January 2025.
What changed in Estonian taxes in 2026?
The rates of 2025 stayed: 0% on profit kept, 22/78 on profit paid out and 22% income tax on salaries. VAT has stood at 24% since 1 July 2025 and no longer has an end date. On 18 June 2025 Parliament repealed the security tax before its start on 1 January 2026: 2% of personal income and of a company's yearly profit, kept or paid out. On 3 December 2025 it struck out the rise of income tax and of the rate on distributed profit to 24%, set for 1 January 2026. New in 2026: the basic exemption is €700 a month and no longer falls as income rises.
Does a company with no activity file an annual report?
Yes, within 6 months of the year end. We prepare a dormant company's report from its bank statements and file it.
Who regulates accounting and tax in Estonia?
The Tax and Customs Board collects the taxes and receives the returns. The Accounting Act and the guidelines of the Accounting Standards Board set the bookkeeping rules.
Get a quote for your company in Estonia
Book a 30-minute call about your company
Your consultant Vladyslav Babaiev Opens in a new tab Business Setup Specialist
- We email you the Google Meet link.
- 30 minutes, free, no obligation to order.
- After the call we email you the checklist of documents for your country.
We reply by the end of the next working day with the cost and the dates for your case. The first call is free and confidential.
Also for a company in Estonia
Company formation in Estonia
An OÜ for a €265 state fee, with no minimum capital, reviewed the next working day
OpenOutsourced accounting services
One accountant and one account for companies you own in other countries
OpenThe Legarithm platform
Documents to send, returns to approve and your accountant, in one login
OpenGuides to a company in Estonia
Updated 21 October 2026. Reviewed by Vladyslav Drapii, Founder.
