Annual Reporting
Preparation and filing of the Estonian annual report with the Commercial Register - XBRL, profit distribution, audit checks and the 30 June deadline handled for you.
Core Offerings
- Full annual report preparation (Estonian GAAP/IFRS)
- XBRL/XBRL-GL filing to the Commercial Register
- Profit distribution & dividend planning
- Audit / review threshold assessment
- Overdue-report recovery
- Deadline tracking (30 June cutoff)
Annual Reporting for Estonian Companies
Every Estonian company - active or dormant, local or e-resident - must file an annual report with the Commercial Register each year. It is the one filing that decides whether your company stays in good standing, and the one most owners leave to the last week. We prepare your year-end financial statements from start to finish, correctly and on time, in line with the:
- Accounting Act - Estonian GAAP (or IFRS where it applies)
- Commercial Code - submission to the Äriregister (Commercial Register)
- Income Tax Act - 0% tax on retained profit, 22/78 on distributions
What Goes Into the Report
- Balance sheet and income statement
- Notes to the accounts (mandatory for OÜs)
- Management report where required
- Profit distribution proposal and dividend calculation
- Prior-year comparatives and related-party disclosures
Do You Need an Audit or a Review?
Most small companies need neither - but crossing the thresholds two years running makes it mandatory, so it pays to know where you stand:
- Audit - required if you exceed at least two of three: €5M sales revenue, €2.5M total assets, 50 employees (or any one of €15M / €7.5M / 180).
- Review (lighter than an audit) - required at at least two of three: €2M revenue, €1M assets, 24 employees (or any one of €6M / €3M / 72).
We assess your figures early and coordinate the auditor if you need one, so it never becomes a June surprise.
Filing - XBRL to the Commercial Register
Estonian annual reports are filed electronically in XBRL taxonomy. We convert your statements to the correct taxonomy, generate the file, and submit it through the e-Business Register - no paper, no portal wrestling. Copies go to the Tax Board where required, and everything is archived for the 7-year retention rule.
How We Work
You provide (by 30 April) - finalized year-end transactions, inventory reports if applicable, and any loan or lease agreements.
We prepare (1–20 May) - draft financial statements, a tax-optimization review, and dividend proposals for the shareholders.
We file (1–20 June) - XBRL generation, Äriregister e-filing, and Tax Board copies where needed - comfortably before the 30 June cutoff.
Already Late? We Fix That Too
If you have missed the deadline, we prepare and submit the overdue report fast to stop further penalties and restore your standing. It is one of the most common reasons companies come to us - and one of the quickest to put right.
Why Choose ProfBalance
- No last-minute panic - deadline reminders start from 1 March.
- Fixed pricing - no hidden fees.
- Estonian expertise - correct XBRL taxonomy, reports in Estonian, English or Russian.
- Audit-ready - a clean documentation trail with full disclosures.
📊 According to official data, by 1 July 2026 only 63% of Estonian companies had filed their annual report on time - nearly 112,000 reports were still outstanding. Read about deadlines, fines and risks in our article “Only 63% of companies filed their annual report on time”. Missed the deadline? Contact us - we’ll help you file the overdue report and reduce the risk of penalties.