An Estonian e-resident who operates a business in Estonia or receives income from Estonian sources is required to have an Estonian accountant to handle their financial affairs. This is because Estonian tax law requires all companies, including those owned by e-residents, to maintain accurate financial records and file tax returns in accordance with Estonian tax regulations.
An Estonian accountant can help an e-resident with a range of tasks, including preparing financial statements, submitting tax returns, and advising on tax planning strategies. They can also ensure that the e-resident complies with all relevant tax laws and regulations, which can be complex and subject to frequent changes.
Additionally, having an Estonian accountant can help an e-resident navigate the administrative and legal requirements of operating a business in Estonia, which can be different from those in their home country. They can also provide valuable insights into the local business environment and help the e-resident make informed decisions about their financial affairs in Estonia.
Overall, having an Estonian accountant is an important part of being an e-resident who operates a business or receives income from Estonian sources, as it ensures compliance with tax regulations and provides valuable support and advice for financial management.
How do you connect with Estonian accountant?
There are several ways to connect with an Estonian accountant as an e-resident:
Ask for referrals: You can ask other business owners in Estonia or fellow e-residents for referrals to reliable and trustworthy accountants. You can also ask for recommendations on social media platforms or in e-resident groups.
Search online: You can search for Estonian accounting firms online and read reviews from other clients. This can give you an idea of their reputation and the quality of their services.
Use e-Residency Marketplace: The e-Residency Marketplace is a platform that connects e-residents with service providers, including accountants. You can browse through the list of registered providers and filter them based on your specific needs and preferences.
Contact the Estonian Association of Accountants: The Estonian Association of Accountants is a professional organization that represents accountants in Estonia. They can provide you with a list of registered accountants who specialize in the type of services you need.
Once you have identified a few potential accountants, you can contact them to discuss their services, fees, and expertise. It is also important to ask for references and check their credentials before making a final decision.