Inactive Businesses and Housing Companies to be Removed from the Trade Register

Under Section 24 of the Trade Register Act, the National Board of Patents and Registration (NBPR) will remove from the Trade Register inactive

• private traders
• general partnerships
• limited partnerships and
• housing companies.

The removal under the Trade Register Act concerns those private traders, general partnerships and limited partnerships

• who are not included in the Prepayment Register, the VAT Register or the Employer Register kept by the Tax Administration and
• who have not submitted any notifications to the Trade Register since 1994.

Of all housing companies, only 69 companies are included in the removal procedure on the grounds that they have not submitted any notifications to the Trade Register since 1994 and are presumed to have closed down their business.

Businesses and housing companies included in the removal have been sent a letter at the end of April 2005, asking whether they still carry on business

Continued operation to be reported before 28 November 2005

A public notice has been given in the Trade Register Gazette No. 33A of 22 August 2005 to some 5.500 businesses and housing companies who have not reported that they carry on business. In the notice they were invited to report their operation not later than on 28 November 2005.

Report your business to:

• National Board of Patents and Registration of Finland/Trade Register, P.O. Box 1150, 00101 Helsinki, or
• fax number (09) 6939 5533

Removal in December 2005

If, despite the notice, a business included in the removal process does not report its operations, it is removed from the register in early December 2005.

For further details, if necessary, please call +358 (0)9 6939 5597.