Accounting Plan – Basic

Comprehensive monthly accounting for active Estonian companies with employees, VAT, or complex operations. A compliant solution with expert support and reporting.

300Monthly fee

Description

Our Accounting Plan – Basic is designed for active companies in Estonia that require comprehensive monthly accounting, tax compliance, payroll services, and detailed financial reporting. It’s a complete solution ideal for businesses with higher transaction volumes, employees, and e-commerce operations, supported by dedicated professionals.

This plan is perfect for businesses with regular operational activities, employees, and active online sales who need full accounting support, compliance management, and professional financial reporting in Estonia.

With the Basic plan, you receive full accounting support:

  • Approximate Time Spent Per Year: 30–50 hours
  • Senior Staff Involvement: Approximately 20% of the work under senior accountant supervision.
  • Invoicing Solution
    Access to a platform for issuing compliant invoices quickly and easily.
  • Mandatory Contact Person Service
    Fulfillment of the legal requirement for Estonian companies managed from abroad.
  • Preparation and Filing of the Annual Report (in Estonian)
    Complete preparation and submission of your annual report to the Business Register.
  • English Version of the Annual Report
    Full English translation provided for your internal use and international operations.
  • Management Activity Report (Assistance)
    Assistance in preparing the mandatory management activity report for filing.
  • Shareholder Resolution to Approve the Annual Report
    Drafting of the required shareholder approval documentation.
  • Assigned Manager
    A dedicated manager to supervise your accounting processes and provide strategic support.
  • Assigned Accountant
    A personal accountant responsible for day-to-day bookkeeping and filings.
  • Initial Accounting Setup
    Full setup of your accounting system, tailored to your business needs and industry standards.
  • Internal Accounting Rules
    Development of customized accounting policies to ensure operational compliance.
  • VAT / IOSS / OSS / EORI Application and Support
    Registration and support for VAT, IOSS, OSS, or EORI numbers as needed.
  • Tax Returns (Monthly Filing)
    Preparation and filing of all required monthly tax declarations, including VAT and payroll taxes.
  • Monthly Processing of Primary Accounting Documents
    Full bookkeeping service for all your incoming and outgoing transactions.
  • Payroll for up to 10 Employees
    Comprehensive payroll service including salary calculations, payslips, and tax reporting.
  • Statistical Reports
    Preparation and filing of mandatory statistical reports required by Estonian authorities.
  • Preparation of Quarterly Financial Statements
    Regular quarterly financial reporting to support better decision-making and regulatory compliance.
  • E-commerce Transactions Handling
    Specialized accounting for online sales, including multi-currency transactions, payment platform reconciliations, and VAT treatment.

The listed services represent all available options within the package; however, use of each service is optional.

The offer is based on the total number of included hours, and the package price remains the same regardless of which services are used.

Timing

  • Document Submission: All monthly documents must be submitted by the 5th of the following month.
  • Feedback: We respond to your queries no later than the next business day after receipt.
  • Monthly Tax Returns:
    • 10th of the month – deadline for submitting specific returns (such as OSS/IOSS if applicable).
    • 20th of the month – deadline for submitting monthly VAT returns and payroll declarations.
  • Annual Report Filing: The annual report will be completed and submitted within six months after the fiscal year ends.

To ensure smooth service, we require you to:

  • Submit all bank statements, invoices, and primary documents by the 5th day of the month following the reporting month.
  • Respond promptly to information requests if clarifications are needed.

This ensures that we can maintain compliance with Estonian tax and reporting deadlines.

The indicated price for the Basic plan is based on an estimated annual workload of 30–50 hours.
If your business grows, becomes more complex, or the expected hours are exceeded earlier, we may adjust the pricing accordingly, always with transparent communication and advance notice.

Questions?