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Writer's pictureKsenia Shinwari

How to declare a share capital contribution (manual)

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:


  1. 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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