Get necessary digital documents needed for liquidation in less than an hour
The process of liquidation usually takes at least 8 months of your time as preparing documents by yourself requires both attention and knowledge. Our digital toolkit makes the process go much smoother, saving you time and money.
Choose a service package most suitable for you:
Liquidation for non e-residents – 1965 €
+20% VAT will be added if applicable.
Start the liquidation process
Requirements for e-residents
We require that all shareholders and one board member who will be the liquidator are capable of signing digitally (via e-residency).
In case you are not capable of digitally signing, you have to either restore your signing capability or choose other liquidation services we offer for non-e-residents.
Additional costs when liquidating
|Previous fiscal years dormant reports – 100 €/report (if necessary)
Additional costs may apply depending on the amount of additional accounting work needed.
|Prices include all reasonable costs related to liquidation, including state fees and liquidation reports.
20% VAT will be added if applicable.
What does the liquidation process with 1DOX look like?
The liquidation process will be handled by the liquidator of the service provider. The second liquidator must be appointed from one of the board members, who will also be appointed as the document holder after deletion of the company
Important to note!
In case the company has been active, all accounting must be done before you start the liquidation process.
You can easily order previous accounting and annual reports here: Annual company reports
1DOX helps you keep your online image nice and neat!
An inactive company is a burden for your online image
Creating a new company is very easy, but there is no need to keep the company ready just in case.
Nowadays, it is far better to eliminate all online connections you do not need.
Get rid of the hassle of annual reporting
Even inactive companies need to create reports every year.
If you miss reporting deadlines, you’ll receive negative statements online. A due annual report might even result in a penalty. Avoid this by liquidating your inactive company altogether.
Frequently Asked Questions about company liquidation in Estonia
The standard liquidation process usually takes 8-9 months.
Liquidation via merger takes a minimum of 1,5 months, more often 2-3 months.
For active companies, accounting and legal preparations might prolong the process significantly.
Cost can range between 300 – 800 EUR for inactive companies.
For active companies, it is usually 500 – 3300 EUR, excluding the accounting costs.
If company shareholders and at least one of the board members do not have e-residency, it might increase the costs significantly – additionally 400 – 800 EUR.
In the case of standard liquidation, the shareholders receive company assets after taxation.
In case of liquidation via merger, the sole shareholder receives both the company assets (after taxation) and the potential liabilities if there are any.
The signing of the liquidation decision.
Filing liquidator(s) in the Business register.
Submitting liquidation balance into the Business register.
Announcing of the liquidation notice.
Four-month waiting period for debt collections.
Three months waiting period for confirmation of final balance and distribution of assets.
Submitting deletion petition into the register.
The company is deleted usually in a few days.
For closing your company, a local liquidator is needed. Non-residents can’t be the sole liquidator of the company.
The most reasonable way for closing your company is to use a local liquidation service provider who will guide you through the process. Guidance is like this welcome because the liquidation process has many specific details.
The liquidation process takes usually at least 7 months. For simple liquidation (via merger) it takes a minimum of 1.5 months.