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VAT is charged on supplies of goods and services in the course of business activities and self-supply of goods and services.
Taxable person is an individual engaged in business who is registered as taxable person. Taxable person shall add of the amount of VAT to the taxable value of the goods transferred or services provided, calculate the amount of VAT due pursuant to pay, pay VAT, preserve documents, maintain records and issue invoices in accordance with requirements.
The threshold for obligatory registration as a taxable person is 250 000 kroons (EUR 15,975). The threshold for taxable person with limited liability is 160 000 kroons (EUR 10,225) in case of acquisition of goods, there is no threshold in case of acquisition of services.
The taxable period is one calendar month and value added tax returns shall be submitted to the tax authority by the twentieth day of the month following the taxable period.
The standard rate of VAT is 20%, the reduced rate is 9% and 0% in some cases.
Additional information
Estonian Tax and Customs Board: http://www.emta.ee
Ministry of Finance: http://fin.ee/?id=621
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