Yep, you can choose a different financial year, but there are some rules and limits to keep in mind.
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.
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.
The deadline is usually six months after the year ends, which is often June 30th if you go by the calendar year.
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.
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.
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.