Annual report, micro enterprise

preparation of an annual report consisting of a balance sheet, income statement, and relevant notes in accordance with the Estonian Financial Reporting Standards for a micro enterprise. A micro enterprise is an Estonian company that meets all requirements listed below during an accounting year:

• Total assets up to 175,000 EUR;
• Liabilities not exceeding the owners’ equity;
• 1 shareholder who is also a management board member;
• Sales revenue up to 50,000 EUR.
• English and Estonian versions of the report
• assistance to the management board members in filing of the report with the e-Business Register

• in case the company has not ordered monthly accounting service, the cost of transactions booking is added at applicable rates
• preparation of management report
• filing of annual report on behalf of the management board
• filing of an annual report via an Estonian notary

Typically up to 1 month from receiving the payment and all necessary documents, depending on the existing workload. The deadline for submission of the report to the e-Business Register is 6 months after the end of the company’s financial year.