Removal of the company from the register
Main advantages
Removing a company that has not yet started its activities from the Estonian commercial register is the easiest way to close a previously established company.
Important! This process is possible only if the company has not started its activities, that is, it has not carried out any transactions, has not opened bank accounts or payment systems, has no claims on invoices against counterparties, has submitted all annual reports, has no property recorded in the land, ship, commercial or securities register of Estonia; is not a participant in any ongoing judicial, criminal or enforcement proceedings, does not have any fines from the Tax Authority or the state. It is also important that all shareholders and board members must be able to sign the application online, i.e. have an e-resident card or an Estonian ID card.
Also note that the removal of a company is possible only if the company’s annual report is submitted, since the data entered in the report confirms that the company did not start operations.
The removal of a company is possible only 3 months after the submission of the relevant notification on the state portal Ametlikud Teadaanded. This notice may be submitted by a representative of the commercial register after receiving the application for deletion, but a notice may also be submitted in advance by a representative of the company.