For clients from abroad
Accounting and closure for an Estonian OÜ run from the UK
An Estonian company run from the UK keeps its Estonian duties: bookkeeping and an annual report every year. We keep the books of a trading company (from €150 / month), prepare the annual report of a company without turnover (€450 / report) and close companies that are no longer needed.
In short
An Estonian company run from the UK keeps its Estonian duties: bookkeeping and an annual report every year. We keep the books of a trading company ( from €150 / month ), prepare the annual report of a company without turnover ( €450 / report ) and close companies that are no longer needed. Owners in the UK of an Estonian company — trading, dormant or one with missed annual reports — and owners who want to close a company.
Who this page is for
Owners in the UK of an Estonian company — trading, dormant or one with missed annual reports — and owners who want to close a company.
Monthly accounting is for a company that trades. A dormant company needs its annual report, which we prepare as a separate service, but no monthly bookkeeping.
Services and prices
Monthly accounting (ongoing): from €150 / month. Annual report for a company without turnover, per financial year: €450 / report; annual reports by power of attorney, once per order however many reports: €300.
Deletion of a company without turnover: €1,250. Liquidation of an operating company: from €1,800. Restoration of missing accounting from existing source documents: from €950.
A "from" price is our fee for the standard scope and is paid when you order; for accounting restoration the work depends on the volume and condition of the records, and work beyond the standard scope is agreed in writing before it starts. No VAT is added.
Packages and prices
| Package | Price | Order |
|---|---|---|
| Monthly accounting (ongoing) | from €150 / month | Order |
| Annual report for a company without turnover — per financial year | €450 / report | Order |
| Annual reports by power of attorney — once per order, however many reports | €300 | Order |
| Deletion of a company without turnover | €1,250 | Order |
| Liquidation of an operating company | from €1,800 | Order |
| Restoration of missing accounting from existing source documents | from €950 | Order |
What monthly accounting includes
Bookkeeping of bank statements and invoices, the monthly VAT return where the company is a VAT payer, and monthly payroll declarations by agreement. The annual report, tax planning and the statutory audit are separate.
- Monthly bookkeeping is done by the 10th of the following month (declaration deadlines).
- The annual report for a dormant company is usually ready within 5 business days of complete documents — this is what it usually takes, not a promised date.
- With two or more reports outstanding, we recommend accounting restoration: it restores the missing bookkeeping as the law requires, from the source documents that exist; we do not create missing source documents.
Signing from abroad
- With an Estonian ID card or an e-residency card you sign the annual reports digitally, and the power of attorney surcharge does not apply.
- Without one, we submit the reports on the basis of a power of attorney signed before a notary in the UK, as a rule with an apostille; the power of attorney surcharge is charged once per order.
- Every Estonian company files an annual report for each financial year, within six months after its end, whether or not it traded (Commercial Code § 179).
Estonian accounting, UK tax
A company established under Estonian law is resident in Estonia for tax purposes (Income Tax Act § 6) and keeps its Estonian duties wherever its owners live: accounts, an annual report to the commercial register and, if its address is abroad, a contact person in Estonia.
UK law looks at where the company is managed. For a company incorporated abroad, such as an OÜ, residence follows the case-law rule that HMRC describes in its International Manual (INTM120060): a company resides where its central management and control actually abides. Our accounting covers the Estonian duties of the Estonian company; UK tax returns and UK tax advice are not included.
More in the guide: Estonian company run from the UK: where it is taxed
Why order through us
- Each service has its own price on one page; the order form shows the total before you pay.
- One power of attorney surcharge per order, however many annual reports.
- Deletion, liquidation and restoration from the same provider when the company is no longer needed.
Frequently asked questions
What is the difference between deletion and liquidation?
A company without assets and without debts can in some cases be deleted from the commercial register without liquidation. An operating company, or one with assets or creditors, must be liquidated.
Does a company without turnover have to file an annual report?
Yes. Every Estonian company files an annual report for each financial year, within six months after its end, whether or not it traded.
What are the risks of late annual reports?
The registrar can impose penalty payments and, if reports keep missing, delete the company from the register. Banks and the Tax and Customs Board may also restrict the company.
Do you also file UK tax returns?
No. Our accounting covers the Estonian duties of the Estonian company; UK tax returns and UK tax advice are not included.
This is general information, not legal or tax advice. The Commercial Register decides on the entry, the notary certifies the transfer and the tax authority decides on taxation.