Running an Estonia company comes with annual compliance obligations. Here's a comprehensive guide for NRI e-resident company owners in 2025.
1. Annual Report
Every Estonian company must file an annual report with the e-Business Register within 6 months of the financial year end (most companies use 31 December, so deadline is 30 June). The annual report includes financial statements (balance sheet, income statement) and management report. For small companies (turnover under EUR 200,000), simplified reporting applies.
2. Corporate Income Tax
Estonia's unique system: 0% tax on retained profits. Tax (20%) is only due when profits are distributed as dividends. If you distribute dividends, you must file a monthly tax return (TSD) by the 10th of the following month.
3. VAT Registration and Returns
VAT registration is mandatory when annual turnover exceeds EUR 40,000. VAT rate: 22% (standard); 0% on exports and services to non-EU clients. VAT returns are filed monthly or quarterly via the e-Tax Board.
4. Accounting Records
Estonian companies must maintain proper accounting records in accordance with Estonian Accounting Standards (EAS) or IFRS. Records must be kept for 7 years. Blueberry's partners provide cloud-based accounting services for e-resident companies.
5. UBO Registration
All Estonian companies must register their Ultimate Beneficial Owners (UBOs) with the e-Business Register. Changes must be updated within 5 business days.
6. India-Side FEMA/RBI Compliance
- APR (Annual Performance Report): Filed by 31 July each year
- ODI reporting: For new investments or shareholding changes
Compliance Calendar
| Obligation | Deadline | Authority |
|---|---|---|
| Annual Report | 6 months post-year-end | e-Business Register |
| CIT Return (if distributing) | 10th of following month | Estonian Tax Board |
| VAT Returns | Monthly/quarterly | Estonian Tax Board |
| UBO Update | Within 5 days of change | e-Business Register |
| APR (India) | 31 July | RBI / AD Bank |
Let Blueberry Handle Your Compliance
Blueberry offers annual compliance retainer packages for Estonia companies. Enquire about our compliance retainer →
Also read: Complete Guide to Estonia Company Formation | Banking for Your Estonia Company | Why NRIs Should Form an Estonia Company