Taxes in Estonia


Tax rates 2015


Corporate Income Tax (non-distributed profit)

Corporate Income Tax (distributed profit)

VAT

Private person income tax

Social Security Tax

Unemployment Tax

0% 

20% 

20%

20% 

33% 

0.8+1.6%


Corporate income tax

is 20% from distributed profit. Shareholders receive 80%.

Private person income tax

is from gross income and is deducted from income

Social security tax

is from gross income and is paid on top of salary by employer

Unemployment tax

is from gross salary, 0,8% is paid on top of salary by employer and 1.6% is deducted from employee's salary.

Responsibility of tax payments

is always on company (employer). 

Tax exempt income

12 x 154 = 1848 EUR/year 


Tax return dates


VAT

If your company has a VAT ID then VAT returns must be submitted and VAT paid at the latest on the 20th of the month following the month that the tax return concerns. It means that the accountant must receive source documents and bank statements latest by the 10th of that month. 

Social security and income tax

If your company is making payments subject to income and/or social tax, the tax returns must be submitted and taxes paid at latest on the 10th of the month following the month when such payments are made. It means that you must provide the source documents related to these payment at the latest on the 5th of that month.

Annual report

must be submitted within 6 months following the end of a fiscal year 

Salary payments

must be submitted within 6 months following the end of a fiscal year