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> There are any expense that you need to pay no mater if you do business or not? After the initial 180 EUR registration fee, there are no recurring fees. If i
by estsaurus 11y ago
> There are any expense that you need to pay no mater if you do business or not?
After the initial 180 EUR registration fee, there are no recurring fees.
If it's a very small company, then you need to submit accounting documents once per year. If you have employees, or if you make more than 16k EUR in sales per year (and therefore need to register for VAT), then once per month. Couple of times per year you might get questionnaires from the statistics office that need to be filled out. These do not incur fees, unless you get an accountant.
> Can I do my own accounting or I need someone who speak/write estonee?
It is feasible to do the accounting and everything on your own if you spend a few days reading instructions online. The online systems, and relevant laws tend seem to be all available in English as well. However, if you fall into the "reports once per month" group, then getting an accountant is still probably a better use of your time. I could do it myself, but I prefer to pay 40 EUR / month to an accountant not to have to worry about the deadlines and things.
> Do I need a phisical address in estonia to set up a company ?
Not sure, sorry.
- siscia 11y agoThank you so much, so valuable information :)