Limited liability companies and co-operatives: File your financial statements and avoid being struck off the Trade Register

The Finnish Patent and Registration Office (PRH) will remove from the Trade Register limited liability companies and co-operatives that - despite reminder letters - do not file their financial statements for registration by 2 January 2018.

Businesses risking de-registration

The de-registration involves 1 900 limited liability companies and co-operatives that have not submitted their financial statements within the previous two years and six months.

List of the businesses risking de-registration (pdf, 0.75 Mt)

The list in Excel format (xlsx, 0.08 Mt)

All limited liability companies and co-operatives must prepare financial statements for each financial period, even if they are not active. The documents must be submitted to the Trade Register (this does not apply to housing co-operatives and mutual real estate limited companies under the Housing Companies Act). The obligation to prepare and file financial statements is based on the Accounting Act (Chapter 1 section 1; Chapter 3, section 9), the Limited Liability Companies Act (Chapter 8, section 10), and the Co-operatives Act (Chapter 8, section 10). §).

Submission deadline: 2 January 2018

The deadline of 2 January 2018 for filing the financial statements was entered in September 2017 in the Trade Register record of the businesses that had not yet submitted the documents. A Trade Register extract including the entry was sent to the businesses’ addresses recorded in the Finnish Business Information System at The reminder was also published in issue No. 109/22 September 2017 of the Official Journal.

In the reminder and in the Trade Register extract, we request also shareholders or members, other unit holders, and creditors to make their remarks about a possible de-registration or liquidation.

Both the Limited Liability Companies Act and Co-operatives Act give the PRH the right to request businesses to file their financial statements for the financial period that ended over a year ago. If the period is one calendar year, you must now file the financial statements for the period 1 January to 31 December 2015.

Read the instructions for filing financial statements, by type of business.

De-registration in January 2018

The PRH can de-register even an active business if they – despite reminders – do not file their financial statements by the deadline, 2 January 2018, and there is no basis for ordering the business into liquidation. De-registration will take place in January 2018.

Further information

Trade Register’s Advisory Service, tel. +358 29 509 5900, Mon - Fri 9.00 - 16.15

Printable version
Latest update 15.12.2017