Is This Compliant with Estonia Accounting Rules?

Short answer: Yes! Built by an e-Resident for e-Residents. Meets Estonian accounting standards and EU compliance.

Estonia Accounting Compliance

Our invoice generator meets Estonian requirements:

  • Company Registration Number: Estonian registry code field
  • VAT Number: Estonian VAT ID (EE format)
  • Sequential Numbering: No gaps in invoice sequence
  • VAT Breakdown: Net, VAT, gross clearly shown
  • Reverse Charge: Proper notation for B2B EU
  • Professional Format: PDF as accounting firms expect

Estonian Accounting Standards

Required on All Estonian Invoices:

  • Company Name: YourCompany OÜ
  • Registry Code: 8-digit registration number
  • Registered Address: Full Estonian address
  • Invoice Number: Unique identifier
  • Invoice Date: Date of issue
  • Customer Details: Complete billing information

VAT-Specific Requirements (If Registered):

  • Your VAT number (EE format)
  • Customer VAT number (B2B transactions)
  • VAT rate and amount
  • Reverse charge notation when applicable

Validation by Estonian Accountants

The founder works with Estonian accounting firms monthly. Invoices validated for:

  • Maksu- ja Tolliamet (Tax Authority): VAT compliance
  • Business Register: Proper company information
  • Accounting Software: Merit Aktiva, Directo compatibility
  • Audit Requirements: Sequential numbering, complete documentation

Works with Estonian Accounting Software

  • Merit Aktiva: Most popular for e-Residents
  • Directo: Enterprise accounting system
  • Horizon: Common for OU businesses
  • Excel-Based: Compatible with manual entry

Estonian VAT Registration Threshold

Important for e-Residents:

  • €40,000 Threshold: Must register when revenue exceeds
  • Before Registration: Use tool without VAT fields
  • After Registration: Include Estonian VAT number
  • Reverse Charge: Applies regardless of your VAT status if customer is VAT-registered

Real e-Resident Experience

Built by Bank K, Estonia e-Resident since 2023:

  • Runs 3AM SaaS OÜ in Tallinn
  • Works with Estonian accountant monthly
  • Files VAT returns and annual reports
  • Uses this tool for own business invoicing

Invoice format tested and approved by multiple Estonian accounting firms.

Related Questions

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