Services Magrat

Liquidation

A proper legal procedure to dissolve a company. Stay compliant and avoid penalties by properly liquidating your Estonian company when a business project is over.

 1,700
One-time fee
Experts
Andrei Novikov
Ruslans Lihmans
  • preparation of the final balance
  • preparation of the asset distribution plan
  • consultation regarding the specifics of liquidation
  • professional liquidator service
  • preparation of a shareholder resolution regarding liquidation
  • drafting the liquidation petition for e-Business Register
  • assistance in submitting the petition
  • submission of the liquidation notification to the state portal: https://www.ametlikudteadaanded.ee/
  • submission of the final petition for company removal from e-Business Register
  • coordination of the smooth process of liquidation and timely filings
  • The law requires an appointment of a local liquidator who is a resident of Estonia.
  • All annual reports preceding the year of liquidation must be submitted.

The minimum statutory duration of the liquidation process is 6 months, but it usually lasts 2-3 months longer, depending on the complexity of the company, its overall financial state, etc.

Available for an extra fee
  • preparation of the final balance
  • preparation of the asset distribution plan
Included
  • consultation regarding the specifics of liquidation
  • professional liquidator service
  • preparation of a shareholder resolution regarding liquidation
  • drafting the liquidation petition for e-Business Register
  • assistance in submitting the petition
  • submission of the liquidation notification to the state portal: https://www.ametlikudteadaanded.ee/
  • submission of the final petition for company removal from e-Business Register
  • coordination of the smooth process of liquidation and timely filings
Main requirements
  • The law requires an appointment of a local liquidator who is a resident of Estonia.
  • All annual reports preceding the year of liquidation must be submitted.
Timing

The minimum statutory duration of the liquidation process is 6 months, but it usually lasts 2-3 months longer, depending on the complexity of the company, its overall financial state, etc.