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Company liquidation

Liquidation of your Estonian company

Stopping the filings doesn’t close an Estonian company — it leaves it open, and the registrar can fine it. Liquidation closes it for good: the books caught up, the final reports done, the company deleted from the register and its records kept for 7 years. We take you through it, and price it once we have looked at the company.

  • Priced after a first look
  • Books caught up, oldest first
  • Records kept 7 years

Closed, abandoned or dormant: what’s the difference?

One closes the company for good, one leaves it open and exposed, one keeps it ready for when you need it again.

Closed, abandoned or dormant: what’s the difference?
LiquidatedAbandonedDormant
In the registerDeleted once liquidation endsStays, until the registrar actsStays, yours to use
Yearly reportsNone after deletionStill owed — the missing ones pile upAn annual report every year
What can followNothing from the registerRepeated fines; deletion possible after a warning, from 3 months after a missed reportNothing while the reports are filed
RecordsKept 7 years by the person named to keep themStill owed for 7 yearsKept as usual

What do we take care of — and what not?

Done by us

  • A first look at the company

    Filed and missing reports, open periods, debts, assets, bank accounts — where the company really stands, before we quote.

  • Books caught up

    Months nobody booked, rebuilt from your documents, oldest first — catch-up accounting.

  • Missing annual reports

    Years still unfiled, prepared and filed oldest first. Until they are, the registrar can keep fining the company.

  • The papers for the shareholders’ decision

    What the shareholders have to decide, prepared for them to sign.

  • The final reports

    The company’s closing figures and reports, from the closed books, ready for approval.

  • Who keeps the records

    Agreed with you before the company is gone: 7 years, counted from the end of each financial year.

Not included — said up front

  • A timeline before the first look

    How long it takes depends on the company and on periods the law sets for creditors. You get yours after the first look.

  • Debts that disappear

    Liquidation settles what the company owes; it doesn’t cancel it. If the assets can’t cover the debts, the route is a different one — we say so as soon as we see it.

  • Legal advice

    Disputes, creditors’ claims and contracts belong with a lawyer. We handle the books and the reports.

  • Your personal tax at home

    What a final payout means for you personally depends on where you are tax resident — ask an adviser there.

How do you close an Estonian OÜ?

Five steps, and no dates promised before we have looked: the company’s state and the law’s periods decide them.

  1. We look at where the company stands

    A short written note: what’s missing, what it costs, what comes first.

    Numerra

  2. We catch up what’s missing

    Unbooked months and unfiled reports, from your documents.

    Numerra

  3. The shareholders decide to liquidate

    With the papers we prepared; they decide and sign.

    You

  4. We prepare what liquidation needs

    The books and the final reports — and who signs what.

    Numerra

  5. Deletion from the register

    The registrar deletes the company; its records stay with the person named to keep them.

    The register

How much does liquidation cost?

Liquidation, start to finish

On request

Depends on what the company still has — books, debts, assets. We look first, then quote in writing before the work starts.

Months nobody booked

priced after an assessment of the work

Each month rebuilt from your documents — the final reports stand on them.

Common questions

Can I just stop filing and let the company be deleted?

You can, but it isn’t a clean way out. The registrar may fine the company repeatedly — the law sets no fixed amount — and deletion is at its discretion: after a warning with a final deadline, once 3 months have passed since the missed deadline, and only for a company with no assets in the public registers and no pending proceedings, with the consent of the authorities the registrar asks. Meanwhile the board’s obligations stay.

How long does liquidation take?

It depends on the company and on periods the law sets for creditors; we give you the timeline for yours after the first look. Books that are up to date make our part shorter.

What happens to the records?

They outlive the company. Source documents, ledgers, contracts and reports must be kept for 7 years from the end of their financial year, so before deletion someone is named to keep them. We agree with you who that is.

Is it cheaper to keep the company dormant?

Sometimes. A company with no activity still files an annual report every year — its price is on the annual report page — and stays ready to use. Closing it ends those yearly costs for good. Tell us your plans and we’ll set the two side by side.

Official sources: 4 · checked 22 September 2026

Thinking of closing your company?

Tell us the company’s name and when it last filed. We reply with what we would look at first — and the price, once we have looked.

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