delete estonian company from registry

How to delete an Estonian Company from the register: A Guide for Non-Operational Businesses

Estonia has become an attractive destination for entrepreneurs looking to establish new business ventures, especially with the country’s e-residency program that simplifies the process of setting up a business. However, circumstances may change and necessitate the deletion of a registered Estonian company that hasn’t begun any business activity. In a previous blog, we discussed the liquidation process for an active Estonian private limited company (OÜ) [LINK]. Now, let’s explore the process of deleting a non-operational Estonian company.

Fortunately, if you need to delete an Estonian company that has not yet started operating, the termination and liquidation process is much more straightforward, quick, and cost-effective compared to that of an operational business.

Before initiating the deletion process for a non-operational Estonian company, it’s essential to ensure all outstanding debts, corporate taxes, and other related business costs, obligations, and liabilities are settled. This will pave the way for a smooth and efficient company deletion process. Failure to address these financial obligations may result in fines and penalties imposed on the company.

Step-by-step guide how to delete a non-operating Estonian company

If all is in order then you are ready to start the deletion process by following the simple steps outlined below:

  • Submit an application for the deletion of the private limited company from the Estonian Commercial Register via the e-Business Register Portal. Note that all members of the management board and in the case of a limited company, all shareholders of the company must confirm that the company has not started operations and must all digitally sign the application.
  • There is no state fee to be paid for the deletion of the company.
  • You will then be required to submit a declaration to the Estonian Tax and Customs Board confirming that your company has not conducted any economic activity. This declaration must also be signed by all members of the management board and shareholders of the company.
  • The approval process for the application to the Estonian Commercial Register takes up to five business days. Once approved, the company will be deleted from the Estonian Commercial Register.

If you need more information or support in this situation, our expert team is here to help you navigate the deletion process with confidence. While it can be disheartening to go through this experience, it’s normal for entrepreneurs to test business ideas and explore new ventures later on. That’s the essence of entrepreneurship: having the courage to try out new ideas! Whenever you’re ready to give it another shot, Silva Hunt will be here to help you launch your next business swiftly and smoothly!

Need help with the deletion process? We are glad to help you out!

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