If you are considering closing your Estonian company due to inactivity, you are not alone. Many e-resident founders decide to close down dormant companies as their business plans change, or they no longer wish to keep up with annual compliance costs such as the mandatory annual report and accounting services. Unicount has partnered with 1Office to make this process easier for e-resident founders looking for reliable liquidation services.
Why Liquidate a Dormant Company?
Even if your company is no longer active, it still has legal obligations in Estonia. Each year, you must submit an annual report, maintain a registered address and contact person, and in some cases, submit tax declarations. For companies that are no longer used, these recurring obligations may no longer be worth the effort or cost. Liquidating the company is often the most straightforward solution.
Why Unicount Does Not Provide Liquidation Services
Unicount focuses on company formation, virtual office, and accounting services but does not directly offer liquidation. The liquidation process is formal, regulated, and often requires drafting legal documents, setting of accounts, and coordination with appointed accountants and lawyers. This is why we recommend trusted specialist and our accounting partner 1Office, who are experienced in assisting e-residents with company liquidation.
How to Close Your Estonian Company via 1Office
If you decide to close your dormant company, you can contact 1Office for liquidation support. They will help you:
- Prepare the necessary documents
- Draft the shareholder resolution
- Appoint a liquidator
- Submit applications to the Estonian Business Register
- Finalise the liquidation according to Estonian law
You can start by visiting 1Office liquidation service page or getting in touch with their team via estonia@1office.co for an offer tailored to your situation.
Unicount Tip
Please remember that only companies without any outstanding liabilities and with properly submitted annual reports can be liquidated smoothly. If you still need to submit annual reports for previous years, Unicount can assist you before proceeding with liquidation.
Need Help?
If you are unsure whether you should liquidate your company or just keep it dormant, feel free to contact Unicount via your Client Dashboard or email us at support@unicount.eu.
