Accounting Plan E-Commerce & Digital Services

Supported business profile

• B2B or B2C Sale of physical goods on e-commerce, marketplaces (Amazon, Shopify, Etsy, e-Bay, Meta), own e-comm store, Stripe
• B2B or B2C Sale of digital automatically provided electronic services (apps, SaaS, media content, gaming, blog, news, podcasts)
• Automatic sale of online advertising services, affiliate marketing service
• One-time sales (a receipt of single payments from unique buyers)
• Subscription model (a receipt of consecutive regular payments)
• Service is location independent (provided remotely)
• You have one or multiple e-commerce sales channels, incl. platforms, own sites, shops, media channels
• Sales turnover is up to €20,000/month

Supported banking- and payment services
(subject to the discretion of third party and customer eligibility)

Wise, Payoneer, Revolut, Stripe, Paysera, N26, Klarna, Paypal, Holvi, ApplePay, GooglePay, MakeCommerce, Bankera, GlobalNet, Verifo, Intergiro, PayHawk, Wamo, Shopify Payments, Amazon Pay, Ali Pay, Google AdSense, Meta Pay, LHV, Swedbank, SEB, Luminor, selected foreign banks from EEA region.

Additional services and fees that may apply:

• Support for registrations and de-registrations of:
  Estonian VAT number, one-time service fee €99
  OSS / IOSS registration, one-time service fee €79
  EORI number, one-time service fee €79
• Bookkeeping and consolidating of additional monthly reports :
  Each subsequent report from e-commerce systems and payment accounts/gateways is €25/month
  Each subsequent country in OSS/IOSS reporting €10/Country in a month
  Each non-Estonian VAT number is €10/month per number in a month
• If VAT number and -administration in other countries are required then this is to be arranged and cost bore by the Client. For VAT support in Austria, Belgium, Czech Republic, France, Germany, Italy, Netherlands, Poland, Slovakia, Spain, Sweden, United Kingdom we recommend our affiliate partner Hellotax. Use our dedicated Affiliate Partner Link with Hellotax to receive a 10% discount on their services.
  For VAT, GST or Sales Tax in other countries not listed here, we recommend our partner Sovos. You can contact them at www.sovos.com. If you have an accounting service subscribed with us, then our team will connect you directly with the Sovos team.
• Retrospective processing- or amendment of accounts, documents, reports of earlier months/years – €60/hour
• Consulting on taxes, accounting, employment, business management, and administration – €70/hour
• Correspondence with a customer is subject to an additional service fee based on the timesheet – €50/hour
• If sales turnover exceeds a threshold (€20,000/month), then a proportional monthly multiplier will apply to a monthly service fee. Example: If in one month your sales turnover is €25,000 (+25% more than 20,000), then your monthly service fee for a given month will be €235+25%= €293,75.

If additional services are requested by the client, then these will be subject to the effective fees of the provider.

1. If your business profile requires a mandatory Activity License, such as a tour operator, excise tax goods, or other regulated activities, please be aware that we only support selected customers who have:

• A proven track record in their field of business;
• A clear understanding of applicable regulations;
• The ability to meet mandatory compliance requirements at a satisfactory level.

Please use the “Additional Information” field during checkout to describe your business background.

2. Besides illegal goods and activity, we do not support business profiles involved in the following:

• Lotteries, betting
• Adult content
• Spirituality, prophecy
• Alternative medicine
• CBD, e-cigarettes, tobacco, alcohol
• Weapons, war
• Financial and investment services
• Payment services
• Insurance services
• Crypto wallet- or FIAT exchange services
• Initial Coin Offering (ICO)
• Forex services
• Precious metals, coins made from precious metals
• Precious collectables, intermediation of art
• Affiliate marketing of activities listed above or participating in these industries by other means

3. Unfortunately, we can’t onboard if the client is a resident or its business counterparts are from the following countries

1. FATF grey- and black-listed countries, excluding Turkey and UAE
2. EU list of non-cooperative jurisdictions for tax purposes
3. Countries with a Higher Risk of Terrorist Financing listed by FIU of Estonia
4. EU-sanctioned: Russian Federation, Belarus
5. Countries that Estonia does not have a cooperation framework on justice, security, and law enforcement: Afghanistan, Algeria, Burkina Faso, Egypt, Iraq, Iran, Yemen, Jordania, Democratic Republic of the Kongo, Libanon, Libya, South-Sudan, Mali, Maroco, Mozambique, Nigeria, Niger, Pakistan, State of Palestine, North-Korea, Saudi Arabia, Somalia, Sudan, Syria, Tunisia, Usbekistan.