Guides
Guides for Estonian bookkeeping
Each guide explains one part of running an Estonian company: the rule, an example with round numbers, and the official source to check. Free to read, without an account.
- Getting startedBookkeeping for an Estonian OÜ: the beginner guideLearn what bookkeeping covers for an Estonian OÜ, how double entry works in five minutes, the monthly routine and the deadlines you must not miss.
- VATEstonian VAT basics and the €40,000 registration thresholdWhen an Estonian company must register for VAT, when registering voluntarily helps, how the 24%, 13% and 9% rates work and how to read a VAT invoice.
- InvoicesHow to issue a legally valid invoice in EstoniaThe details an Estonian invoice must show, how to number and date invoices, when a credit note is the right fix and what you do not need to add.
- Expenses and receiptsRecording expenses and keeping receiptsWhat counts as a business expense for an Estonian OÜ, which receipts to keep and for how long, and how to record a cost you paid from your own money.
- Salary and dividendsPaying yourself: salary vs dividends (22/78)How profit paid out as a dividend is taxed at 22/78, how salary is taxed and a worked comparison of net pay and total cost for an Estonian OÜ.
- Returns and filingKMD and KMD INF explainedWhat each part of the KMD VAT return and its KMD INF annex contains, the 20th-of-the-month deadline, how Sapita prepares the files and the e-MTA steps.
- Returns and filingTSD explained for small companiesWhat the monthly TSD return reports, its 10th-of-the-month deadline, when a small OÜ must file it, and what Sapita does and does not do for it.
- Year-endAnnual report for micro-entities step by stepHow to tell if your OÜ is a micro-entity, what its annual report contains, the six-month deadline and how to file the report in the Commercial Register.
- Year-endClosing your financial yearHow to close an Estonian financial year: cut-off, accruals, depreciation, closing entries, period locks and carrying the result forward into next year.
- E-residentsAccounting for e-residentsHow to keep the books of an Estonian company run from abroad, with VAT on foreign customers, reverse charge and OSS, and what this guide does not cover.