Annual Report for Estonian Companies: How to Prepare and Submit
Every Estonian company is required to submit an annual report (majandusaasta aruanne) to the Business Register: https://ariregister.rik.ee/eng. This report reflects the company’s financial performance and ensures compliance with Estonian regulations.
Deadline
The annual report must be submitted within 6 months after the end of the financial year. For most companies, the deadline is 30 June.
What is included in the annual report?
The Estonian company annual report typically includes:
- Financial statements (balance sheet, income statement)
- Notes to the accounts
- Management report
- Information about business activities
Even inactive companies must submit a report.
How to prepare an annual report in Estonia
The process usually involves:
- Organizing accounting records
- Preparing financial statements according to Estonian standards (RTJ)
- Drafting the management report
- Approval and digital signing by the management board
Submission process
The annual report in Estonia is submitted online via the Business Register portal using a digital or physical signature: https://ariregister.rik.ee/eng. Once submitted, the report becomes publicly available.
What happens if you don’t submit?
Failure to submit on time may lead to:
- Fines
- Company winding-up from the Business Register
- Compliance risks
Accounting and annual report services in Estonia
At Maxwise, we provide:
- Accounting services in Estonia
- Annual report preparation and submission
- Compliance support for Estonian companies
You could check the cost of accounting here: See Your Savings
We ensure your annual report is accurate, compliant, and submitted on time.
