Estonian Is audit mandatory for you?
Find out here.
Who is audit or review mandatory for?
Audit is always mandatory for the following companies:
- Public limited companies (AS), which have more than 2 shareholders
- State accounting entities
- Municipalities
- Legal persons in public law
- Political parties receiving allocation from the state budget
- Companies in which the state has at least the decision-making right
For all other accounting entities, the obligation of audit arises only when the conditions of various indicators of the annual report are exceeded.
Use the audit calculator below to determine if a company requires an audit or review.
Useful info
- In Estonia, audit and review obligation is regulated by the Auditors Activities Act (§ 91 and § 92)
- 17.01.2025 - most recent updates to the audit requirement conditions
- Please note that the confirmation of final requirement for audit should always be discussed with your accounting service provider, who is preparing the annual report.
- In case you fall under these requirements or are not sure if this applies to you and require either a statutory audit, an audit review or consultancy in the matter, contact us and we will help you find an audit partner.