Once a company is established, OÜ-s owners or his/her accountant needs to declare a share capital in the system of Tax Authorities.
The reason why such an obligation is in place is quite logical: if the owner decides to close the company one day, this money can be sent back to the company's owner without any additional taxes.
It is done in a very simple way, manual below:
You need to enter emta.ee system:
2. make sure you are entered as a business person
3. choose TSD declaration
4. add new, choose year & month when share capital was contributed
5. click on Appendix number 7
6. fill in the line number " 7030 " (add here the amount of share capital contributed), clock on Save and go back
7. submit the declaratiobn
8. It was that simple, DONE!
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