Since the year, 2015 new rules how to fill in the income and social tax forms (TSD) have to be applied. According to which, contributions to the company’s share capital have to be declared as soon as they were made, i.e. next month.
All the changes in authorized capital of enterprises (while establishment, increase or reduction of the capital) made before 31.12.2014, had to be written in the declaration of income and social tax (Tulumaksudeklaratsioon, TSD) for January 2015.
The same rule applies to newly registered companies in 2015, i.e. authorized capital shall be written in the first declaration a month after registration of an enterprise.
It is still not clear what will happen to those companies, which did not declare their capital at the beginning of 2015.