International Accounting

Remote accounting for e-resident and international companies in Estonia - multi-currency bookkeeping, EU VAT (OSS/IOSS), IFRS, payroll in EN/ET/RU.

Core Offerings

  • Fully remote onboarding & reporting
  • Multi-currency bookkeeping
  • EU VAT: KMD/VD, OSS/IOSS filings
  • IFRS reporting packages for groups
  • Payroll for foreign & remote staff
  • Profit-distribution & dividend planning

International Accounting for E-Residents & Global Companies

Running an Estonian company from abroad should feel effortless - one accountant, everything online, and full compliance without a single trip to Tallinn. We help e-resident founders, remote SaaS and digital businesses, and international groups stay compliant in Estonia, fully remotely, in English, Estonian or Russian. Your own accountant handles the books, the VAT and the deadlines while you run the business from wherever you are.

What an E-Resident Company Must Actually File

The company takes an afternoon to register. The obligations start immediately, apply even in months when nothing happened, and are enforced against board members personally rather than against the company.

WhatWhenIf you miss it
Annual report to the Commercial Register6 months after financial year end - 30 June for a calendar yearfines up to €3,200, imposed on board members personally; sustained failure can lead to deletion from the register
VAT registrationwithin 3 working days of turnover passing €40,000fines, and VAT owed from the date the obligation arose
KMD (VAT return), once registered20th of the following monthinterest at 0.06% per day
TSD, if you pay salaries or board fees10th of the following monthinterest at 0.06% per day

The annual report catches people every year. There is no minimum threshold. A company with no sales, no employees, no invoices and no bank movement still has to file a report showing zeros. For the full breakdown, see our guide to accounting for e-residents in 2026.

An Accounting Platform or an Accountant?

Most e-residents start on an automated platform - company formation and bookkeeping bundled from roughly €59-79 a month. For a straightforward consulting OÜ with a handful of invoices in one currency, that is a reasonable place to be, and we will say so.

The model runs out when your business stops being standard. Automation scales by narrowing what it accepts, so the cases it declines tend to be the ones that matter:

  • crypto holdings or transactions of any size
  • income or stock in more than one jurisdiction
  • VAT questions with a real answer rather than a dropdown - OSS thresholds, reverse charge, marketplace supplies
  • employees, especially foreign or remote ones
  • anything a platform’s compliance rules flag and then refuse to unpick

At that point you are not choosing between software and a person. You are choosing between being told no and getting an answer. That transition is where most of our international clients arrive.

Tax Residency Is Not Automatic

An Estonian company is Estonian for Estonian tax purposes. It does not follow that it is tax-resident only in Estonia. If you manage the company day to day from another country, that country may treat it as tax-resident there, or as having a permanent establishment - and its rules, not Estonia’s, decide that.

This is the one question we will not answer alone. We keep the Estonian side correct and documented, and we will tell you plainly when your setup needs a local adviser in your own country of residence. An accountant who waves this away is not saving you money.

Built for Cross-Border Businesses

  • Multi-currency bookkeeping - sales and costs in any currency, reconciled to euros
  • Modern banking - statements from Wise, Revolut, Paysera and EU business accounts
  • Specialist reconciliations - crypto and payment-provider statements, with dedicated crypto accounting when needed
  • One point of contact - a named accountant, not a rotating helpdesk
  • Three languages - English, Estonian, Russian

EU VAT & Cross-Border Compliance

  • Monthly KMD (VAT return) and VD (EC Sales List) for intra-EU B2B sales
  • OSS for B2C sales across the EU; IOSS for imported low-value goods
  • VAT-registration guidance when you enter a new market
  • Basic transfer-pricing documentation for related-party dealings

For the full detail on rates, thresholds and OSS/IOSS, see our VAT & tax services.

Reporting & Tax Efficiency

  • Annual report preparation and XBRL filing to the Äriregister
  • IFRS reporting packages where a group requires them
  • Profit-distribution planning - 0% on retained profit, 22/78 on dividends
  • E-residency banking and payment-provider recommendations

Payroll Across Borders

Hiring people in different countries? We handle payroll and TSD reporting for foreign and remote employees, including employment-register entries and the right tax treatment - see payroll services.

How We Work

  1. Online onboarding - we set up document exchange via email or Google Drive.
  2. Monthly cycle - you share invoices and statements; your accountant reconciles, categorises and files.
  3. Reporting - draft reports for your review, then filings submitted on time, in the language you prefer.

What It Costs

The same monthly tiers as any other client - €239 with up to 2 employees and turnover up to €100,000 a year, from €349 once the team or the turnover is larger, payroll included in the package. There is no e-resident surcharge and no separate onboarding fee. Multi-currency reconciliation and OSS/IOSS filing are agreed on top only where they apply. See the price list.

Why Choose ProfBalance

  • Genuinely remote - built for founders who never set foot in Estonia.
  • Trilingual & responsive - English, Estonian, Russian, with a real person who knows your company.
  • Full-stack - bookkeeping, VAT, payroll, annual report and IFRS under one roof.

Who Handles Your Company

Your books are kept by Maria, our chief accountant - over ten years in Estonian tax accounting, including e-resident companies and crypto projects, working in Estonian, Russian and English. You get the same person each month, in your own time zone’s working hours as far as we can manage it.

New to this? Start with how we work, or go straight to the detail on VAT, payroll and the annual report.

Sources: Estonian Tax and Customs Board - registration as a VAT payer and VAT rates; interest on arrears per Taxation Act § 115. Checked 29 July 2026.

Frequently asked questions

Can you serve an e-resident company fully remotely?
Yes. Onboarding, document exchange and reporting all happen online - we work with e-residents and international founders worldwide, in English, Estonian and Russian, with no need to visit Estonia.
Do you prepare IFRS financial statements?
Estonian companies usually report under Estonian GAAP, which is what most e-resident OÜs need. Where a parent group requires IFRS reporting packages, we prepare those as well.
I sell across the EU - which VAT reports do I need?
Typically the monthly KMD, plus the VD report (EC Sales List) for intra-EU B2B sales. B2C sellers across the EU usually also need OSS, and importers of low-value goods may need IOSS. We assess your setup and handle every registration and filing.
How is my Estonian company's profit taxed?
Estonia taxes only distributed profit - retained earnings are not taxed, and dividends are taxed at 22/78 of the net amount. This is a major reason e-residents choose Estonia, and we plan distributions so they stay efficient.
Which currencies and banks do you work with?
We keep multi-currency books and reconcile statements from EU business accounts and providers such as Wise, Revolut and Paysera, converting to euros at the correct rates for reporting.
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