Accounting and reporting services in Estonia

It was never easier to stay compliant within a complex environment of regulations, standards and reporting requirements applicable in Estonia. Our team of experienced accountants and tax advisors helps you to keep control over your local accounting obligations while providing all required expertise, functionality and value of an inhouse team.

With the help of innovative cloud technology, we are able to automate and standardize your accounting and reporting operations to reach higher efficiency and control over your financial processes in Estonia and across the Baltic region. Take well-informed business decisions with more accurate reporting and improved control of your processes – locally and across more countries.

Our accounting, bookkeeping, reporting and tax compliance services in Estonia can include:

• Bookkeeping of all primary documents in compliance with local statutory requirements
• Maintenance of the statutory accounting general and subsidiary ledgers
• Monthly closing of accounts, reports on profit and loss, balance sheet, cash flow
• Accounts Payable and Accounts Receivable services
• Bank payment administration and cash management
• Inventory services, fixed asset, leases and loans
• Stock management consultancy services
• Preparation of all required statutory reporting and submission to local authorities
• Customized management reports
• Consolidated reporting, reconciliation between statutory and management reports
• Preparation of reports in both local GAAP and international IFRS/US GAAP standards
• VAT registrations and return filings, VAT compliance and consultancy
• Preparation and submission of the Annual Financial Statements (AFS)
• Preparation and submission of the Corporate Income Tax Return (CIT Return)
• Representation in communication with the Estonian Tax Office and all statutory authorities
• Assistance and representation during audits, inspections and tax controls
• Any other tax consultancy associated with local taxes, real estate taxes, and others

Accounting portal

Experience simplified, automated and streamlined accounting processes thanks to our Accounting online portal. Using a fully digital solution, we will help you reduce paperwork and related errors to achieve better control and transparency over your documents and workflows. The portal can be directly integrated with your ERP system to manage accounting tasks in a secure environment and have instant access to the financial picture of your organisation.

By using our Accounting portal, you can:

• Connect the portal directly to your accounting software
• Digitalize your accounting documents and processes
• Gain instant access to the financial status of your organization
• Effectively manage purchase invoices and other accounting documents

Accounting consultancy

We are ready to support your operations thanks to experienced teams of highly qualified accountants and tax consultants in Estonia, who will ensure that all your operations meet the local legislation and regulatory requirements.

Our experts will use their experience and best practices on the market to provide you with tailored solutions and reliable accounting consultancy that can include:

• Establishing accounting control procedures and systems
• Review and optimization of accounting and financial processes
• Fast reconciliation of general ledger accounts
• Financial and accounting due diligence
• International IFRS and US GAAP reporting