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.
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.
One closes the company for good, one leaves it open and exposed, one keeps it ready for when you need it again.
| Liquidated | Abandoned | Dormant | |
|---|---|---|---|
| In the register | Deleted once liquidation ends | Stays, until the registrar acts | Stays, yours to use |
| Yearly reports | None after deletion | Still owed — the missing ones pile up | An annual report every year |
| What can follow | Nothing from the register | Repeated fines; deletion possible after a warning, from 3 months after a missed report | Nothing while the reports are filed |
| Records | Kept 7 years by the person named to keep them | Still owed for 7 years | Kept as usual |
Filed and missing reports, open periods, debts, assets, bank accounts — where the company really stands, before we quote.
Months nobody booked, rebuilt from your documents, oldest first — catch-up accounting.
Years still unfiled, prepared and filed oldest first. Until they are, the registrar can keep fining the company.
What the shareholders have to decide, prepared for them to sign.
The company’s closing figures and reports, from the closed books, ready for approval.
Agreed with you before the company is gone: 7 years, counted from the end of each financial year.
How long it takes depends on the company and on periods the law sets for creditors. You get yours after the first look.
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.
Disputes, creditors’ claims and contracts belong with a lawyer. We handle the books and the reports.
What a final payout means for you personally depends on where you are tax resident — ask an adviser there.
Five steps, and no dates promised before we have looked: the company’s state and the law’s periods decide them.
A short written note: what’s missing, what it costs, what comes first.
Numerra
Unbooked months and unfiled reports, from your documents.
Numerra
With the papers we prepared; they decide and sign.
You
The books and the final reports — and who signs what.
Numerra
The registrar deletes the company; its records stay with the person named to keep them.
The register
On request
Depends on what the company still has — books, debts, assets. We look first, then quote in writing before the work starts.
priced after an assessment of the work
Each month rebuilt from your documents — the final reports stand on them.
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.
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.
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.
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.
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.
We reply within one working day