Company Liquidation in Estonia
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We will contact you, review the initial company details and send you a proposal for legal assistance with the liquidation.
/ Closure of a company, business, commercial or non-profit organization in Estonia /
If you have decided to close your company, we will help you assess its current situation and determine whether voluntary liquidation is the appropriate procedure.
We will:
check whether the company is suitable for voluntary liquidation;
assess its existing obligations and potential legal risks;
provide a clear proposal and cost estimate for handling the liquidation.
When Should You Consider Liquidating a Company?
The company is no longer active
The company has ceased its business activities and there are no plans to resume operations.
The business project has ended
The company was established for a specific project or purpose that has now been completed.
There is no reason to maintain an inactive OÜ
Keeping an inactive company involves ongoing administrative obligations, costs and potential risks.
You want to close the company properly
You want to complete the process in accordance with Estonian law, settle the company’s obligations and avoid unnecessary issues in the future.
Why Clients Choose Us
Legal Assessment of the Company’s Situation
We review the company’s status and available information, assess whether voluntary liquidation is appropriate and identify potential legal risks before the procedure begins.
Preparation of Legal Documents
We prepare the legal documents required for the liquidation in accordance with Estonian law and the requirements of the Commercial Register.
Legal Support Throughout the Liquidation
We handle the legal aspects of the liquidation process from the initial decision to dissolve the company through to its removal from the Commercial Register.
Get an Offer for Your Company’s Liquidation
Leave your company’s registered address and email address — we’ll contact you and prepare a personalized offer.
Frequently Asked Questions
How long does company liquidation take in Estonia?
Voluntary liquidation is not an immediate process. Estonian law provides mandatory procedural periods, including time for creditors to submit their claims. The actual duration also depends on the company’s financial situation, assets, liabilities and the preparation of the required accounting documents.
Can a company with debts be liquidated?
The company’s financial position should be assessed before starting voluntary liquidation. If the company is unable to satisfy its creditors’ claims and is insolvent, bankruptcy proceedings may need to be considered instead of ordinary liquidation.
Can I liquidate my Estonian company if I live abroad?
Yes. You do not necessarily need to be physically present in Estonia throughout the liquidation process. We assist foreign shareholders, board members and e-residents with the legal aspects of closing an Estonian company and coordinate the necessary steps locally.
Does liquidation protect a board member from personal claims?
Liquidation itself does not automatically exclude potential claims against a board member. It is therefore important to conduct the procedure correctly, settle the company’s obligations and assess potential risks before the liquidation begins.
Comparison of Company Liquidation Types (Based on Shareholder Resolutions):
| Criteria | Standard Liquidation Procedure | Simplified Liquidation Procedure |
|---|---|---|
| Basis | The company has conducted business activity | The company has not commenced business activity |
| Duration | 6–9 months | Typically 1–2 months |
| Key Stages | Multiple stages: notification, reports, publications, liquidation balance, asset distribution, etc. | Application for deletion from the register → deletion |
| Restrictions | Not applicable if the company has outstanding debts | Applicable only if no business activity was conducted |
| Assets/Liabilities | Permitted, but must be properly distributed | Must have no assets or liabilities |
| Publication in Ametlikud Teadaanded | Yes | Yes |
| Involvement of accountant/auditor | Required | Required |
Involvement of a lawyer | Recommended for preparing minutes, filings, reports | Advisable for drafting the application |
| Remote processing possible | Yes | Yes |
| Legal support by Progressor | Full legal support at all stages of the liquidation process | Full legal support at all stages of the liquidation process |
| Standard Liquidation Procedure | Simplified Liquidation Procedure |
|---|---|
| Basis | |
| The company has conducted business activity | The company has not commenced business activity |
| Duration | |
| 6–9 months | Typically 1–2 months |
| Key Stages | |
| Multiple stages: notification, reports, publications, liquidation balance, asset distribution, etc. | Application for deletion from the register → deletion |
| Restrictions | |
| Not applicable if the company has outstanding debts | Applicable only if no business activity was conducted |
| Assets/Liabilities | |
| Permitted, but must be properly distributed | Must have no assets or liabilities |
| Publication in Ametlikud Teadaanded | |
| Yes | Yes |
| Involvement of accountant/auditor | |
| Required | Required |
| Involvement of a lawyer | |
| Recommended for preparing minutes, filings, reports | Advisable for drafting the application |
| Remote processing possible | |
| Yes | Yes |
| Юридическое сопровождение Progressor | |
| Full legal support at all stages of the liquidation process | Full legal support at all stages of the liquidation process |
Want to Know More?
Read our articles and practical insights on company liquidation in Estonia:
Opening a company in Estonia is easy. Now try closing it
August 7, 2026
