Description
Product Includes:
- Preparation of all necessary documentation
- Drafting of the contract for the transfer of company shares
- Arranging and scheduling an e-notary session
- Payment of the state fee
- Coverage of notary fees
Liquidation of an Estonian Company
An Estonian company can be liquidated either voluntarily or compulsorily.
- Voluntary liquidation is decided by the general meeting of shareholders.
- The court orders compulsory liquidation.
Typically, the entire process—covering creditor claims and distributing any remaining assets to shareholders—takes around six months. However, the complete removal from the Commercial Register may take longer depending on the company’s size and the liquidation method chosen (voluntary or compulsory).
We streamline this for you, with transferring the shares, initiating the process immediately, so you can move on without delay.
Service Details:
The entire process is carried out in an e-notary environment. Along with the share transfer, changes would also be made to the list of shareholders, the management board, the actual beneficiaries, and the contact details.
Transparent pricing with no hidden costs
Identification requirements
The entire process takes place in the e-environment of the commercial register. This requires possession of an Estonian e-resident card, an Estonian ID Card, Mobile ID, or Smart ID.
Alternative solution
We can utilize a Power of Attorney if these options are unavailable. To do this, you must send us an apostilled power of attorney issued by a notary in your local country. A sworn translator will translate it in Estonia to comply with local legislation.
FAQ
Company liquitation (2)
Digital notarial services in Estonia and selected embassies.
It’s about half a year.
For a private limited company, the absolute minimum is six months—but only if all statutory steps are completed on time.
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The clock starts when the dissolution is entered in the Commercial Register and the liquidation notice is published in the state gazette Ametlikud Teadaanded.
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At least four months must elapse after shareholders are notified of the final balance sheet and asset distribution plan.
If all filings, creditor notices, and tax clearances are handled promptly, the process can be wrapped up in roughly half a year; any outstanding requirements will extend the timeline.
However, in certain cases, we can offer a fast solution within a few business days: we purchase the shares and take over management of the company, after which we proceed with the dissolution in accordance with Estonian legal procedures. This option may be suitable for clients who need a faster exit or cannot manage the liquidation process themselves. We will first assess eligibility and confirm the applicable solution.
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