Within six months after the end of the financial year, each company registered in Estonia shall submit an annual report to the Commercial Register. The annual report shall be drawn up in Estonian and in the official currency of Estonia (Euro).
Annual reporting is mandatory for all companies registered in Estonia, even for companies that had no activities during the financial year. The annual report shall be submitted within six months after the end of the financial year of the company. Thus, if your financial year ends on December 31, you shall submit the report no later than June 30 of the next year.
All accounting procedures shall be completed before drawing up the annual report.
Mandatory components of the annual report include the management report on the activities of the company, the balance sheet, the profit and loss statement of the company, and the capital statement of the company.