Close Your Estonian E-Resident Company. Done Right.
Vest Consulting specializes in the complete, legal liquidation of Estonian OÜs for international e-residents. We handle everything—even if your e-Residency card has expired—so you can have total peace of mind.
FREE CONSULTATION
STANDARD LIQUIDATION
The liquidation process takes approximately six months and concludes with the removal of the company from the commercial register.
COMPANY BANKRUPTCY
If a debtor is unable to meet financial obligations for an extended period, they must file for bankruptcy to protect creditor interests.
COMPANY REINSTATEMENT
A deleted business entity can be reinstated in the commercial register and resume operations.
STANDARD LIQUIDATION
VEST CONSULTING OFFERS FULL-SERVICE LIQUIDATION
Standard Liquidation (For Debt-Free Companies)
Vest Consult handles the entire liquidation process on your behalf, allowing you to focus on new projects and business goals without the burden of a complex legal procedure.
We ensure the best possible liquidation of your company!
Request a free consultation An Inactive Company is a Lasting Liability
An Inactive Company is a Lasting Liability
Leaving your Estonian OÜ dormant or forgetting about it after your e-Residency card expires is a serious financial and legal risk. The company remains legally obligated, and you remain personally responsible as a shareholder or board member.
· Accumulating Penalties: Failure to submit mandatory annual reports leads to escalating state fines.
· Tax Debt: Unfiled tax declarations can create unexpected tax obligations and debt.
· Legal Consequences: The Estonian Commercial Register can forcibly dissolve the company, harming your credibility and potentially leading to director disqualification within the EU.
· Future Complications: An unresolved business history can hinder your ability to open new companies or bank accounts in Estonia or the EU in the future.
If you have any questions or need further assistance, please contact us!
COMPANY LIQUIDATION PROCESS
Your Company Liquidation Process
Alexander and the Vest Consulting team manage the entire process from start to finish. You provide the initial information, and we handle all Estonian legal and bureaucratic requirements.
Process Steps:
1. Initial Consultation & Plan
· You contact us and provide your company details.
· We analyze your company’s status (debts, filings, etc.) and present a clear plan and fixed-price quote for the liquidation.
2. Power of Attorney & Document Preparation
· We prepare all necessary documents, including a Power of Attorney.
· You sign digitally, granting us legal authority to act on your behalf in Estonia.
3. Final Filings & Official Notification
· We prepare and submit the final annual report and tax declarations to the Estonian Tax and Customs Board (Maksu- ja Tolliamet).
· We file the liquidation application with the Estonian Commercial Register (Äriregister) and formally notify all creditors.
4. Liquidation Period & Final Report
· We manage the mandatory 4-month creditor claim period.
· At its end, we prepare and submit the final liquidation report to the Commercial Register.
5. Company Deletion & Your Confirmation
· The company is officially deleted from the Estonian Commercial Register.
· You receive the official certificate of deletion. Your liability is over.
Contact us for more details! Tel:5838337
COMPANY BANKRUPTCY
Bankruptcy is declared by a court based on the Bankruptcy Act, following a bankruptcy application submitted by the company’s representative or a creditor. Bankruptcy is declared if the company is insolvent, and the insolvency is not temporary in nature.
To assess a company’s accounting insolvency, the simplest method is to compare the company’s liabilities and assets. If liabilities exceed assets, the company is very likely insolvent.
Bankruptcy proceedings must be taken seriously, and passive behavior should be avoided.
Our long-term experience shows that the bankruptcy process, without proper attention and participation, can unexpectedly spiral out of control and lead to serious, irreversible consequences for both the management and shareholders.
A motivated creditor can turn the process into an extremely costly and burdensome ordeal for the debtor company’s representatives.
We will help you properly formalize everything related to bankruptcy.
Ask for more details!
Phone: +372 58383373 WhatsApp, Viber, Telegram
or by email: vest@vest.ee
COMPANY REINSTATEMENT
Vest Consulting prepares the necessary documents and applications.
Contact us!