Annual report translation is needed whenever the reader of an Estonian company's report doesn't read Estonian: a parent company abroad, a bank, an investor or the group auditor. We translate the balance sheet, income statement, notes and management report so that every line item carries the same name as in last year's translation and the figures stay comparable. The fastest turnaround comes from sending us the audited version together with last year's translation.
| Institution | What it requires |
|---|---|
| Parent company abroad | No. What matters is consistency with group reporting terminology. |
| Bank reviewing a loan or credit line | Usually not. Ask the bank whether a standard translation is enough. |
| Investor or buyer in due diligence | No. Accuracy and timing are what count. |
| Group auditor | No. |
| Foreign registry (branch or subsidiary filing) | Often yes — a sworn translation, sometimes with an apostille. |
An Estonian company must file its annual report with the commercial register within six months of the end of its financial year; for calendar-year companies that means 30 June. Filing goes through the e-Business Register.
Auditors wrap up in spring, and banks and parent companies want the translation in the same few weeks, so orders pile up between April and June. Group reporting timetables often run ahead of the Estonian filing deadline, which squeezes the window further. Put plainly: a planned job always costs less than a rush job in the last week of June.
If time is short, we can start with sections that rarely change during the audit, such as accounting policies and the general part of the management report, and leave the numerical notes until the auditor has signed them off.
If “müügitulu” was translated as revenue last year and as sales income this year, the reader sees two different line items and the year-on-year comparison breaks. Our glossary and translation memory keep line item names stable from one report to the next. If someone else did last year’s translation, we use it as the baseline and raise any errors we find with you before repeating them.
Where the company reports under IFRS, the English terminology comes from the standard itself and the translation follows it. For reports prepared under the Estonian financial reporting standard, we align English terms with IFRS vocabulary, because that is what a foreign reader knows.
An annual report often travels together with articles of association and a registry extract when a bank or investor asks for documents. All our business translation services are listed on one page.
Usually not. Parent companies, banks and investors accept a standard translation; a sworn translation is typically required by a foreign registry, sometimes together with an apostille.
Yes. Banks and parent companies often ask for specific notes only, for example on loans or related parties. Send us the full report anyway: the notes refer to line items in the main statements, and the terms have to match.
Send the changes or the new version. We translate the amendments and check that any corrected figure is right everywhere it appears — in the balance sheet, the notes and the management report.
The XBRL file is generated by the e-Business Register's reporting environment and is meant for machines, not readers. For translation we need the same report as a PDF, Word or Excel file, and the translation is delivered as a readable document.
Yes. Check with your auditor first, though: many auditors issue their report in English as well, and the recipient may prefer that version.
Send us the scans and we will reply with the price, the deadline and the requirements of the institution you are filing with. The form takes a minute: contacts, languages and files.
Or write to info@tradux.ee
