📚 Where can I get updates on Estonian Annual Report rules?
For the latest info, check out the Estonian Commercial Code, Estonian Accounting Act, or chat with the pros to stay in the loop! 🇪🇪💼🤝
📆 Can I pick a different financial year in Estonia?
Yep, you can choose a different financial year, but there are some rules and limits to keep in mind.
💼 What should I put in my Annual Report?
The Annual Report usually has a bunch of things like a management report, balance sheet, income statement, cash flow statement, equity changes, and some notes.
🖥️ Can I just send my Annual Report online?
Absolutely! Estonia loves tech. You can do it online through the Company Registration Portal RIK for an easy-peasy experience.
🗓️ Can you get more time to do the Annual Report in Estonia?
Yes, you can ask for an extension, giving you up to nine months to finish your Annual Report. But there are some rules for that. Contact Eesti Consulting and ask.
⏰ When’s the deadline for this Annual Report thing?
The deadline is usually six months after the year ends, which is often June 30th if you go by the calendar year.
📅 Who has to do an Annual Report in Estonia?
If you run a company in Estonia, like an OÜ or others, you’ll need to do an Annual Report. Even non-profit groups and foundations have to do it!
😊 What’s an Annual Report in Estonia?
An Annual Report in Estonia is like a company’s “year in review.” It shows all the financial info and what the company’s been up to during the year.
Is my money in an Estonian bank account protected by deposit insurance?
Yes, deposits in Estonian banks are typically protected by the Estonian Deposit Insurance Scheme, which covers eligible deposits up to a certain limit. Eesti Consulting can provide guidance on deposit insurance coverage.
Is it necessary to visit Estonia in person to open a bank account?
In most cases, physical presence is not required to open a bank account remotely. However, some banks may have specific requirements. Eesti Consulting can help you navigate these requirements.
- SWEDBANK 🏦 requires at least 2 visits to their Ravala Branch.
- LHV 🏛️, on the other hand, doesn’t require a visit upon filling out the application, but a visit is necessary when signing the agreement.
- Swiss bank 🇨🇭, in contrast, allows for a fully remote account opening process. Eesti Consulting can guide you through the bank selection process based on your preferences and needs.