Accounting services
We provide accounting services for OÜs and e-resident companies in Estonia: monthly bookkeeping, VAT, payroll, annual reports, consultations, and convenient remote collaboration through Nola Accounting.
Suitable for OÜs, e-resident companies, online stores, agencies, consultants, and small businesses in Estonia.
Accounting services: what’s included?
We take care of the company’s ongoing accounting work and help keep the books in order every month. The scope of the service depends on the level of business activity, VAT status, number of employees, and the nature of the transactions.
Monthly accounting
We process source documents, record transactions in the accounts, and make sure the data is organized into a clear and up-to-date picture of the company.
Payroll and TSD
We calculate payroll, payroll taxes, and file TSD declarations if the company has employees, management board members, or other reportable payments.
VAT and KMD
We manage VAT accounting, review taxable transactions, and prepare KMD declarations. When needed, we also help with more complex cases.
OSS / IOSS
If the company works with e-commerce, marketplaces, or international sales, we also handle OSS / IOSS transactions as part of the accounting process.
Annual report
We prepare the annual report based on the accounting records and support this stage as part of the company’s overall accounting service.
Consultations
We answer ongoing questions about accounting, taxes, documents, and non-standard transactions, so that uncertainties do not build up over the course of the year.
Who will be especially interested in our accounting services?
- Startups
- IT companies
- E-commerce
- Marketing agencies
- Freelancers
Frequently Asked Questions
Are your accounting services suitable for OÜs?
Yes. We work with OÜs in Estonia and tailor the service format to the volume of documents, VAT status, number of employees, and the specifics of the business.
Do you work with e-resident companies?
Yes. We work with e-resident companies in Estonia and structure the process so that accounting can be handled fully remotely.
Can everything be handled fully remotely?
Yes. Documents and communication can be handled remotely, without the need to come to the office on a regular basis.
What is included in the monthly fee?
The monthly fee usually includes ongoing accounting, document processing, standard tax filings, and day-to-day communication on current matters. The final scope depends on the service format.
Do you also help with VAT and the annual report?
Yes. We work with VAT accounting and prepare the annual report based on the accounting data.
Can you switch to us from another accountant?
Yes. We help organize the transition, collect the necessary documents, and start working together smoothly without unnecessary stress.
How long does it take to get started?
It depends on the current state of the accounting and how complete the information is at the start, but in most cases the onboarding can be organized fairly quickly once the terms are agreed.
What does the monthly accounting service?
- DAYS1–3
Bank statement upload
The accountant uploads the bank statement into the system and checks it for salary and dividend payments.
- DAYS4–10
Payroll calculation
If the company has employees or dividends were paid, the accountant runs payroll, calculates taxes, and files the TSD payroll return.
- DAYS8–10
Document reminder
The accountant requests any missing invoices, receipts, completion certificates, contracts, and other source documents.
- DAYS11–15
Processing invoices and bank transactions
The accountant processes source documents, matches them to bank transactions, and reviews them under our internal control procedures.
- DAYS16–20
VAT review and KMD filing
The chief accountant reviews the VAT calculation, confirms it, and files the KMD return.
- DAYS21–31
Month closed
The chief accountant posts closing entries. Reports are ready, everything is recorded — on to the next month.
How to enter into an accounting contract?
01 You send us a request via the contact form or through messengers.
02 After receiving the information, we will send you a price offer and a contract.
03 You send us the signed contract and the completed and signed “Know Your Client” form. Then we get to work!
Nola Accounting
When handling the accounting, we use Nola Accounting — an application that makes document sharing, communication with your accountant, and ongoing company work easier.
- Upload documents in one place
- Clear communication without email clutter
- Convenient work with files and comments
- A simpler and faster document flow
How much do accounting services in Estonia cost?
The cost of accounting services depends on the volume of documents and transactions, VAT status, the number of employees, the company’s international activity, and whether additional support is needed for payroll, e-commerce, or non-standard transactions. Estonian