Legal changes adopted in autumn 2026 and coming into effect in 2027 will introduce additional reporting and compliance obligations for businesses. Crypto-asset service providers must ensure that client and transaction data is collected from 2026 onwards and prepare to submit this information to the Estonian Tax and Customs Board for the first time in summer 2027. Reporting requirements relating to financial assets will also be expanded for banks and other financial institutions, with more detailed reporting of account holders’ roles.
All VAT-registered businesses should review their accounting and tax reporting processes to ensure they are prepared to implement the new VAT return data requirements from 1 January 2027. Businesses must also take into account changes to income tax and social tax return forms and assess their impact on payroll administration and tax filing procedures.
Companies providing educational or training services, or cooperating with Iranian nationals in sensitive technology and scientific fields, should also assess the impact of sanctions restrictions entering into force on 1 January 2027. Timely preparation for these changes will help businesses mitigate the risk of non-compliance and ensure they meet their tax and legal obligations.