AutoAccount Bookkeeping in Estonia

Online accountant for a company in Estonia

AutoAccount is a highly automated online bookkeeping service connected to DigibalanceApp mobile application digibalanceapp.com. AutoAccount utilises XML/CSV business bank statements or you can be a customer of Wise/Revolut. Due to the automation, we are able to keep our prices affordable. The package includes monthly reports in English, VAT filing (if needed) and annual Financial Statements prepared by local experts. The customer does not need to make software investments.

AutoAccount is an extremely suitable combination with e-Residency and a registered company in Estonia. All the correspondence can be done online. A Private Limited Company (OÜ) in Estonia is a very tax efficient way to grow your business for example in the fields of digital services. All undistributed profits are tax exempt. The moment of corporate income taxation is shifted until the distribution of profits to the owners. 

Meetings with an accountant can be arranged on Teams or in person in Tallinn (Metro Plaza) and in Helsinki, if needed.

Below, we have listed some pros of the AutoAccount service:

Cost-Effective

We utilise automation in our bookkeeping. That’s why our service is both cost-effective and ecological.

Bookkeeping from €45/month.

Bookkeeping in Estonia starting from €45/month

Effortless

Your location can literally be anywhere, since you do not need to bring us the physical copies of invoices and other documents. We will get them electronically. You only need an Internet connection and a separate debit card and bank account for your business.

Support Available

Even though our service is highly automated, we do not sell software. Our accountants do the bookkeeping for you. Also, our consultant service will help you with all the questions you have about entrepreneurship and financial management.

Using the AutoAccount service is simple

You only need to:

  • Open a business bank account at traditional bank (f ex LHV, SEB, Luminor, Swedbank) or at Wise or Revolut
  • Pay purchase invoices with a business bank account and use a business debit card for smaller purchases
  • Report your monthly sales to the AutoAccount website or via DigibalanceApp
  • Archive the invoices to yourself (For example in a cloud service, to your computer or in a paper folder)

We take care of the following:

  • We download bookkeeping transactions directly from the bank
  • We do the monthly bookkeeping and submit VAT information directly in the Tax Administration (if needed)
  • You will receive the Income statement and possible VAT information by email or DigibalanceApp
  • In the end of the fiscal year, we will make the Financial Statement and income tax return for your business

The AutoAccount bookkeeping service is mainly targeted for international entrepreneurs who are running their businesses in a foreign environment. We also have a broad experience with migrant entrepreneurs.

If you are interested in our service, please contact us by filling out the form on this page and we will be in touch with you!