Fiscal Representative Estonia 2024 

In this article VALCORP tax specialists in Estonia will explain the relevant requirements and purpose of appointing a fiscal representative in Estonia 2024.

The tax representative of a non-resident is a person to whom a corresponding activity licence has been issued by the Estonian Tax and Customs Board (ETCB) and whom a non-resident may authorise to represent the non-resident for the performance of the obligations arising in Estonia from an Act concerning a tax or from the Taxation Act. A legal person founded in Estonia or a branch of a foreign legal person entered in the Estonian commercial register, which the ETCB deems to be reliable, may act as a tax representative.

Estonian Value-Added Tax Act stipulates that a non-resident of a third country engaged in business with no permanent establishment in Estonia must appoint, upon registration as a taxable person, a fiscal representative, who has been approved by the tax authority.

When deciding on the grant of an activity licence, the person’s compliance with the requirements set for a tax representative shall be verified, whereas the person’s performance of earlier obligations arising from acts concerning taxes may be taken into consideration as well.

A tax representative:

1. must be solvent;
2. must have an impeccable reputation;
3. must not have tax arrears.

The information required from an applicant to furnish proof concerning the applicant’s solvency is the following:

1. the last approved balance sheet of the terminated financial year (if it is not available from the commercial register);
2. the balance sheet on the actual state;
3. the bank statement of all bank accounts on last six months (a statement of accounts taken from an internet bank suits as well).
4. The tax authority may request that the applicant furnish supplementary proof concerning the applicant’s financial situation in order to verify the applicant’s solvency.

Purpose of Fiscal Representative in Estonia

Due to the reason that non-resident of a third country engaged in business with no permanent establishment in Estonia must appoint a fiscal representative, the fiscal representative serves multiple purposes:

1. VAT compliance in Estonia – overseeing the VAT obligations;
2. VAT filing – preparation and submission of monthly VAT returns;
3. Contact person – serving as a contact person between the Estonian Tax Office and the non-resident business.

Document requirements when registering fiscal representative in Estonia

To appoint a fiscal representative in Estonia a non-resident business must provide the following documents:

1. Company extract;
2. Passport or ID copy of the company’s director;
3. Notarized power of attorney;
4. Description of company’s business activity;
5. Letter from bank confirming company’s bank account;
6. KYC forms.

Get in touch with us to find out how VALCORP can help you with fiscal representative services in Estonia, monthly VAT filing and VAT compliance.

VALCORP is authorized by the Estonian Tax Office to provide licensed fiscal representative services in Estonia. License no: ME 007-2021 visible on the Estonian Tax Office website: https://www.emta.ee/en/business-client/registration-business/non-residents-e-residents/tax-representatives-non-residents#list

Email: info@valcorp.eu

Contact phone: +372 55658650

To discover about VAT registration in Estonia: https://valcorp.eu/vat-registration-in-estonia/