The average Estonian company operates for 10 years. However, no two years are the same. A successful year may be followed by a difficult one. What should you do when financial difficulties become insurmountable, and you no longer have the strength to manage them?

Company Liquidation

There are various reasons for liquidating a company:

1. Issues with share capital
2. Problems in accounting
3. Issues with the Tax and Customs Board
4. Severe financial difficulties
5. Changes in market conditions
6. Unwillingness or inability to continue business operations
7. Disputes between owners
8. Simply wanting to get rid of an inactive company

We offer advisory services that allow the board to carry out the liquidation process independently. However, in many cases, liquidation may transition into bankruptcy proceedings. In such situations, our legal experts are always available to guide you through the process.

Another option is to use professional liquidators who have experience in managing liquidation procedures. They take over from the board members to oversee and execute the entire process. This way, you can free yourself from a burdensome task and focus on new opportunities.