In case you don’t know which option to use, please contact us - we will help you to decide.
+ VAT if applicable
Company is concidered dormant if it has had no taxes, penalties and sales incomes and all (possible) tax returns and annual reports are empty.
General meeting about liquidation / deletion (signed by all shareholders and board members)
Registry application about deletion of the company (signed by all shareholders and board members)
Both documents will be drafted by us.
Approximately 3-4 months
+ VAT if applicable
Company is concidered dormant if it has had no taxes, penalties and sales incomes and all (possible) tax returns and annual reports are empty.
General meeting about liquidation / deletion (signed by all shareholders and board members)
Registry application about deletion of the company (signed by all shareholders and board members)
Both documents will be drafted by us.
Approximately 3-4 months
+ VAT if applicable
Company is concidered active if it has paid taxes or penalties or had sales incomes and any of (possible) tax returns or annual reports are not empty.
General meeting about liquidation (signed by all shareholders, notary certified + apostille)
Registry application about liquidation of the company (signed by a board members and liquidator, , notary certified + apostille)
Officially published public notice about company liquidation (signed by the liquidator)
Registry application about deletion of the company (signed by the liquidator)
All documents will be drafted by us.
Approximately min 8 months
Accounting and annual reports can be done by previous accountant or by us (for additional fee). We can give price offer after we have enough accounting source documents.
+ VAT if applicable
Company is concidered active if it has paid taxes or penalties or had sales incomes and any of (possible) tax returns or annual reports are not empty.
General meeting about liquidation (signed by all shareholders)
Registry application about liquidation of the company (signed by a board members and liquidator)
Officially published public notice about company liquidation (signed by the liquidator)
Registry application about deletion of the company (signed by the liquidator)
All documents will be drafted by us.
Approximately min 8 months
Accounting and annual reports can be done by previous accountant or by us (for additional fee). We can give price offer after we have enough accounting source documents.
+ VAT if applicable
This liquidation option is available only if the company has one private shareholder. The essence of the process is that company assets (and debts) will be merged into the owner’s assets. If assets are bigger than debt’s - corporate income tax is paid before transfer of assets.
Power Attorney from the company (signed by the board member, notary certified + apostille)
Power Attorney from the shareholder (notary certified + apostille)
General meeting decision about company liquidation via merger.
Preparation of merger balance sheet.
Signing of the merger contract by the notary office (+ notary and state fee)
Official public notification in the state notification portal (+state fee)
Signing the merger closing contract by the notary office (+notary fee)
Final deletion of the company from the register (+state fee)
General meeting about liquidation via merger
All documents will be drafted by us. First 4 documents must be signed by the client, rest of the actions will be done by the service provider.
Approximately min 4 months
Accounting and annual reports can be done by previous accountant or by us (for additional fee). We can give price offer after we have enough accounting source documents.
applies only if necessary accounting is not done
Prices are excl. VAT
General meeting decision about company liquidation via merger. Done remotely via certified POA
Current accounting if there is any
Signing of the merger contract by the notary office (+ notary and state fee)
Preparation of merger balance sheet.
Official public notification in the state notification portal (+state fee)
Signing the merger closing contract by the notary office (+notary fee)
Final deletion of the company from the register (+state fee)
General meeting decision about company liquidation and appointment of the liquidator. done remotely via certified POA
Current accounting if there is and preparing the opening balance sheet of the liquidation.
Submitting missing annual reports if there are.
Deleting board members in the register and registering the liquidator (+ notary and state fee)
Submitting the opening balance sheet of the liquidation
Official public notification in the state notification portal (+state fee)
Waiting period of 7 months
the final balance sheet and the official distribution plan for assets
Final deletion of the company (+state fee)
Confirming with the client that the company is dormant.
Drafting the relevant application necessary for deletion of the company.
Submitting the relevant application and waiting for Tax Office approval.
10 days waiting period for feedback from the Tax Office.
Publication published in Ametlikud Teadaanded 3 months.
If all is approved, the company will be deleted.
By standard liquidation the owners receive company assets (after taxation).
By liquidation via merger the owner receives both - company assets (after taxation) and potential liabilities if there are.
approx. 4 months
Consultation and drafting all necessary documents for merger
Signing the merger contract on behalf of the shareholder at the notary
Payment of state and notary fees
Submission of all necessary documents (Incl. final accounting documents) to the Commercial Register and Ametlikud Teadaanded (official publication website) to complete the merger
8+ months
Consultation and drafting all necessary documents for liquidation
Appointment of our consultant as a liquidator for the period of liquidation
Payment of state and notary fees
Submission of all necessary documents (Incl. final accounting documents) to the Commercial Register and Ametlikud Teadaanded (official publication website) to complete the liquidation
3 - 4 months
Consultation and drafting all necessary documents for deletion of the company
Submission of documents to the Commercial Register
Monitoring the process with the Commercial Register and related necessary authorities i.e. Tax Office and Ametlikud Teadaanded.
Prices are excl. VAT
Additional fees apply in case of accounting (if necessary) - see below
