Cryptocurrency Accounting

Core Offerings

Transaction tracking (Excel/PDF)
VAT-exempt crypto exchange reporting
Profit distribution tax planning
FIU audit preparation
Wallet-to-bank reconciliation

Crypto

Straightforward Crypto Accounting

We manually process cryptocurrency transactions for Estonian companies, focusing on compliance with:

Income Tax Act (20% tax on distributed profits)
VAT Act (exemptions for crypto exchanges)
AML Regulations (FIU reporting requirements)

Core Services

Monthly Bookkeeping

Manual entry of wallet/exchange transactions (date, amount, EUR value)
Separation of company vs. customer crypto assets
Commission revenue recording (taxable as standard income)

Tax Compliance
◈ Annual profit statements (0% corporate tax until distribution) ◈ Dividend tax calculations (20/80 or 25% rates)
◈ Employee crypto salary reporting (if applicable)

Regulatory Support
• FIU audit documentation prep
• Internal/external auditor coordination • Transaction history archiving (7-year retention)

How We Work

You Provide:

Monthly wallet/exchange statements (Excel/CSV)
Bank transfers related to crypto activities
Invoices for commissions/fees

We Process:

EUR conversion at transaction date rates
Taxable event identification (sales/swaps)
Draft reports by 15th of next month

Final Submission:

KMD/TSD filings (if VAT-registered)
Annual report by June 30 deadline

Key Differentiators