The e-Resident's Guide to
Managing a Global
EU Company
Practical guidance for e-Residents managing an Estonian OÜ from abroad — digi-ID, accounting, cross-border VAT, banking, and annual compliance.
Setup tip: You need a USB smart card reader (~€20–40) and the DigiDoc4 software. Test signing a document before attempting company registration.
| Task | Frequency | Deadline |
|---|---|---|
| VAT declaration (KMD) | Monthly | 20th of following month |
| Payroll declaration (TSD) | Monthly (if paying salaries) | 10th of following month |
| Annual report | Yearly | June 30 each year |
Pro tip: Use cloud invoicing software (Xero, QuickBooks, Merit Aktiva) so your accountant has live access without manual file transfers.
| Scenario | VAT treatment |
|---|---|
| B2B services to EU businesses | No Estonian VAT — reverse charge applies |
| B2C services to EU consumers | VAT of consumer's country (OSS scheme) |
| Services to non-EU clients | Generally outside EU VAT scope |
OSS registration: If selling digital services to EU consumers in multiple countries, you may need to register for the EU One Stop Shop (OSS) via EMTA.
| Provider | Estonian IBAN | Ease of opening | Best for |
|---|---|---|---|
| LHV Bank | Yes (EE prefix) | Requires Estonian nexus | Companies with local presence |
| Wise Business | No (Belgian IBAN) | Fully online | International payments, multi-currency |
| Revolut Business | No | Fully online | Fast setup |
File annual report by June 30
All companies including dormant ones. Fines from €200 for late filing.
Mandatory by June 30Renew legal address annually
Lapsing the address service creates non-compliance. We send renewal reminders automatically.
Renew e-Residency card every 5 years
Apply well in advance — needed to sign annual reports and other documents.
Every 5 years- Assuming e-Residency = Estonian tax residency (it does not)
- Not filing annual report for a dormant company — fines and forced dissolution follow
- Using a personal bank account for company transactions
- Ignoring cross-border VAT obligations (OSS rules for B2C)
- Letting the legal address service lapse
Yes. With a digi-ID all registrations, filings, and signatures are done online. For notarised transactions, Rozenberg Partners can act via Power of Attorney.
With a professional accountant: typically 30–60 minutes per month. You review entries, provide receipts, and sign documents digitally.
Related guides
Everything your Estonian company needs — managed from anywhere.
Everything you need to manage a compliant, growing EU company as an e-Resident — without ever visiting Estonia.