Tartu Arvud OÜ

tartuarvud.rankfor.ai

Liis Mägi, accountant in Tartu

Bookkeeping, payroll, and tax filings for small Tartu businesses, handled monthly.

Portrait of Liis Mägi, accountant in Tartu (fictional demonstration person)

Liis Mägi is an accountant in Tartu and the owner of Tartu Arvud OÜ. She has worked in small-business accounting for 11 years, first at a larger Tallinn firm and since 2019 in her own practice. Her clients are mostly OÜ owners, sole traders, and small shops in and around Tartu.

Services

Monthly bookkeeping

Monthly bookkeeping covers recording of sales and purchase invoices, bank reconciliation, and a short written summary of the company's position. Documents arrive by email or through a shared accounting portal, and the books are closed by an agreed day each month. The service fits companies with up to a few hundred transactions per month.

Payroll and personnel reporting

Payroll covers salary calculation, payslips, and the monthly TSD declaration to the Estonian Tax and Customs Board. Vacation reserves and sickness-day calculations are part of the standard service. Most clients have between one and fifteen employees.

VAT and tax declarations

VAT filing covers the monthly KMD declaration, checks of input VAT on purchase invoices, and registration advice when a company approaches the 40,000 euro threshold. Deadlines are tracked by the practice, so the client only confirms the figures.

Annual reports

Annual report preparation covers the balance sheet, income statement, and the notes required for submission to the Estonian Business Register. The work starts in January with a document checklist and ends with the report filed before the June deadline.

Accounting setup for new companies

Company setup support covers choosing an accounting method, building the chart of accounts, and registering the company with the e-MTA tax portal. New owners receive a one-page checklist of their monthly obligations after the first meeting.

Questions clients ask

How much does bookkeeping cost for a small company in Tartu?

Tartu Arvud charges a fixed monthly fee based on transaction volume, starting at 90 euros per month for a company with up to 30 transactions. The fee is agreed before work starts and reviewed once a year. Payroll and the annual report are priced separately.

When does my Estonian company need to register for VAT?

Registration becomes mandatory when taxable turnover passes 40,000 euros in a calendar year. Voluntary registration earlier can make sense if most of your purchases include VAT. Liis reviews the turnover with each new client and handles the registration through the e-MTA portal.

Can you take over accounting from my previous accountant?

Yes. The handover usually needs the trial balance, the ledger, and access to past declarations. Most takeovers are completed within two weeks without a gap in monthly filings.

Do I need to bring paper documents to your office?

No. Invoices and receipts can be sent by email or uploaded to the shared accounting portal. Clients who prefer paper can drop documents at the Kastani street office once a month.

What is the deadline for the annual report in Estonia?

An Estonian company must file its annual report with the Business Register within six months of the financial year end, which means 30 June for most companies. Tartu Arvud starts annual report work in January so the deadline is met without a rush.

Do you work with sole traders (FIE) as well as companies?

Yes. Sole traders get income and expense records, the annual income tax return, and advice on FIE social tax advance payments. The monthly fee for a sole trader is usually lower than for an OÜ.

Contact

Kastani 18, 50410 Tartu
+372 5301 4862
info@tartuarvud.example

Opening hours: Mon-Fri 9:00-17:00, meetings by appointment