A simple guide for e-residents on preparing your Annual Reports--including deadlines, documents, avoiding common pitfalls, and a handy checklist
This guest post about how to prepare your annual report was written by ann. - a simple-service annual report preparation tool, and a trusted member of the e-Residency Marketplace.
Filing an annual report might sound like a chore, but don’t worry—it’s easier than you think! Whether you're an e-resident running a business in Estonia or a solo entrepreneur managing everything yourself, this guide will help you breeze through the process with minimal stress. Let’s make it as simple (and painless) as possible!
Let’s start with the basics: when is the deadline?
Every Estonian company must submit an annual report within six months after the financial year ends. For most businesses, that means June 30 is your last chance to file.
If you’re a newly established business, here’s some good news: your first report can cover up to 18 months:
The earlier you file, the better—you’ll avoid last-minute stress and potential penalties!
Keeping your financial records organized throughout the year makes filing your report much easier. The simplest trick? Snap photos of your receipts and store them in Google Drive, Dropbox, or a dedicated folder—just remember to keep them for seven years (yes, exactly seven—it’s not just a lucky number!).
Here’s what you need to track:
Many entrepreneurs make simple mistakes when filing their reports—here’s how to dodge them:
You can submit your report via the Estonian Business Register’s online portal. If you need accounting support, you'll find many service providers on the e-Residency Marketplace.
If you’d rather skip the hassle, myannualreport.eu - also known as ann. - makes it super easy by guiding you through the process step by step. No accountant needed!
Filing your annual report doesn’t have to be painful. Tackle it early, do it right, and move on! Think of it as a necessary business milestone—one that, when done smartly, sets you up for financial success.
Create your company’s annual report today with the simple MyAnnualReport tool—no accountant needed!
Now, check “Annual Report” off your to-do list and get back to doing what you love—running your business!