Owner of an entrepreneur account
People are able to do business under simplified procedure – with lower tax rates and without all the red tape. For this purpose, a special bank account, called a ‘business account’, is opened.
If a person only operates through a business account and has joined the second pension pillar, then, to be eligible for health insurance, they must receive at least €1,993.75 on their business account per calendar month in 2024, of which €398.75 is business income tax, of which, in turn, €239.25 is social tax.
If a person only operates through a business account and has not joined the second pension pillar, then, to be eligible for health insurance, they must receive at least €1,921.25 on their business account per calendar month in 2024, of which €384.25 is business income tax, of which, in turn, €239.25 is social tax.
The Tax and Customs Board will submit data on the persons for whom the minimum amount of social tax has been paid on the day following the day that the declaration of income and social tax (Form TSD) is submitted. Additional information is available on the website of the Tax and Customs Board.
Insurance will commence after the social tax is paid, on the day following the due date of Form TSD submission.
Insurance is suspended within one month if, at the next due date of the declaration, the minimum requirement of social tax is not met.
In order to prevent the interruption of health insurance, please submit the declarations in a timely manner.
You can check the validity of your health insurance in the service ‘My current account with the Health Insurance Fund’ of the state portal eesti.ee, by phoning the Health Insurance Fund’s customer service (+372) 669 6630.