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When is Estonian Company considered “dormant”?
An Estonian company is generally considered dormant when it has been legally registered but has no business activity. This is not a specific legal status in Estonia, but rather a descriptive term
What are the steps and timeframe for liquidating an Estonian company?
The Estonian company liquidation process typically takes at least seven months, unless the company is fully dormant or the liquidation is completed through a merger with the sole shareholder’s assets.
The standard liquidation process consists of eight distinct steps to follow.
What is Estonian Company taxation upon liquidation?
The earnings of an Estonian company are not subject to taxation. However, at the time of distributing profits, a corporate income tax of 22% (22/78) must be paid.
Paid-in share capital and given loans are not taxed; they can be distributed without taxation.
When can I distribute remaining assets and profits from an Estonian Company in liquidation?
Typically, the remaining assets and/or profit of the Estonian company in liquidation are allowed to be distributed among shareholders six months after the liquidation notice is published.
Restoration of a deleted Estonian Company (OÜ) in the Business Register
From February 1, 2023, it is possible to restore a deleted Private Limited Company (OÜ) to the Business Register in a simplified manner and continue business...
Does the standard liquidation process also apply to the liquidation of a non-active Estonian Company (OÜ)?
Deletion of inactive Estonian company (OÜ) from the Bisiness Register is carried out in a simplified manner and does not require the completion...
Estonian company (OÜ) liquidation through merger of assets
A private limited company (OÜ) with a single shareholder can be liquidated by merging the assets of the company with the assets of the company’s shareholder who...
Can a sole-owner Estonian Company (OÜ) be liquidated faster than the standard timeline?
A one-man Estonian company (OÜ with only one shareholder) can be liquidated faster (2-3 months) and easier than the usual long...
How can I liquidate my Estonian company if I am not an e-resident?
Almost everyone can sign Estonian company liquidation documents digitally with a global Trusted Service provider.
All you need is to have a valid passport (or ID card) and a smartphone. It takes just a few minutes to verify your identity online and have the required documents signed with a Qualified Electronic Signature (QES).
There is no longer any need to sign and certify documents with your local notary or to use apostilled documents. No need to translate documents into Estonian.
Steps and duration for liquidating an Estonian company (OÜ)
The liquidation of an Estonian company is a formal process to close the business, settle debts, and remove the company from the Estonian Commercial Register. The duration of...
Read and get more understanding about Estonian company related questions
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