- organization of audit if necessary
Services Magrat
Demerger of a company
Divide an Estonian company into two or more entities. When a demerger of companies takes place, company’s assets and operations are divided into two or more companies.
- preparation of the division agreement
- coordination of the procedure with the notary
- preparation of the division report
- division notice on the state portal
- preparation of a division resolution
- submission of a petition to e-Business Register
- state fee for changes in the company’s registry data
The minimal amount of time a division can take according to the law is 2 months. In practice, division of companies generally takes more than that, and the overall term may depend on the size and complexity of companies involved.
Available for an extra fee
- organization of audit if necessary
Included
- preparation of the division agreement
- coordination of the procedure with the notary
- preparation of the division report
- division notice on the state portal
- preparation of a division resolution
- submission of a petition to e-Business Register
- state fee for changes in the company’s registry data
Timing
The minimal amount of time a division can take according to the law is 2 months. In practice, division of companies generally takes more than that, and the overall term may depend on the size and complexity of companies involved.
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