29.08.2021
The category of reporting forms has to be at least the minimum category according to the company indicators. It is possible to choose a higher category of reporting forms if the company wants to compile more comprehensive annual report
Conditions of categories:
- Micro undertaking – a private limited company which indicators meet on the balance sheet date of an accounting year all the following conditions:
- Sales revenue during an accounting year is up to 50,000 euros;
- Total assets up to 175,000 euros;
- Liabilities not exceeding the owners’ equity;
- One shareholder who is also the member of the management board.
- Small undertaking - a company registered in Estonia which is not a micro undertaking and only one of which indicators may exceed on the balance sheet date of an accounting year the following conditions:
- Sales revenue 8,000,000 euros;
- Total assets 4,000,000 euros;
- Average number of employees during an accounting year 50 persons.
- Medium-sized undertaking – a company registered in Estonia which is neither a micro undertaking nor small undertaking and only one of which indicators may exceed on the balance sheet date of an accounting year the following conditions:
- Sales revenue 40,000,000 euros;
- Total assets 20,000,000 euros;
- Average number of employees during an accounting year 250 persons.
- Large undertaking – a company registered in Estonia at least two of which indicators exceed on the balance sheet date of an accounting year the following conditions:
- Sales revenue 40,000,000 euros;
- Total assets 20,000,000 euros;
- Average number of employees during an accounting year 250 persons.