Annual reports are obligatory in Estonia
Yes, even if you do not have any business, the annual reports are mandatory. There is no way to "suspend" your company other than to liquidate. The county court has been very active recently regarding companies not submitting their annual reports. First they will give a deadline of usually 30 days and afterwards they will issue a fine. The fine can be many thousands of euros and can be issued both to the company and the responsible persons meaning the board members. It is tru