Description
Service Description:
- Preparation and submission of the liquidation application to the Estonian Business Register
- Publication of the liquidation notice on the official government portal
- Payment of the required state fee
- Preparation of the final balance sheet and consolidated financial report
- Drafting and submission of the notice of deletion from the Business Register
Company Liquidation in Estonia
An Estonian company can be liquidated either voluntarily or through compulsory measures. A voluntary liquidation is initiated by a decision of the general meeting of shareholders, while a compulsory liquidation is mandated by the court.
The entire process, which involves settling creditor claims and distributing any remaining assets to shareholders, typically takes around six months. However, the final removal of the company from the Estonian Business Registry may take longer, depending on the company’s size and whether the liquidation was voluntary or court-ordered.
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
Yes, in most cases, company liquidation can be handled fully remotely.
We prepare the required documents and guide you through the signing process using Estonia’s digital identity tools (e-Residency card, ID card, Smart-ID, or Mobile-ID).
If some steps require additional verification, we will advise the most practical legal option for remote completion.
You do not need to travel to Estonia in standard cases.
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