The PRH deregisters limited liability companies and co-operatives that have not filed their financial statements
All limited liability companies and co-operatives must file their financial statements with the Finnish Trade Register for each financial period. Companies must file their financial statements even if they have interrupted or stopped their business activities.
The PRH can request your company to file its financial statements with the Finnish Trade Register, or else the company will be ordered into liquidation or removed from the Finnish Trade Register, if filing of the financial statements is delayed more than one year from the end of the financial period.
If you do not file your financial statements despite our requests, we will remove your company from the Finnish Trade Register or order it into liquidation. We will order the liquidation on application, if we receive a report that the company’s assets are adequate to cover the liquidation costs, or if someone else notifies us that they will cover the liquidation costs.
Deregistration procedure
- The PRH will send a reminder letter by mail to the company’s address shown in the online service at ytj.fi. The PRH gives your company three weeks to file its financial statements.
- If your company fails to file its financial statements despite the reminder, the PRH will publish the reminder in the Official Journal and record the reminder in your company's Trade Register details. The PRH will send your company a Trade Register extract of the registration. In the reminder, the company owners and creditors are requested to make their remarks about the deregistration of the company or a possible liquidation. The company has 3.5 months to file financial statements with the Finnish Trade Register.
- The PRH will remove your company from the Finnish Trade Register if it fails to file its financial statements within the time limit. The removal can be registered automatically.
If the reminder letters are returned, the PRH will send the reminders to the person responsible for the company. If the person responsible for the company cannot be reached, the information will be served as a public notice on the website prh.fi. The PRH's public notices are published in Finnish and in Swedish.
See a diagram about the deregistration process.
What consequences does deregistration have for a company?
A company cannot carry out business if it is removed from the Finnish Trade Register. Read more about the effects of deregistration.Open link in a new tab
How to lodge an appeal against the PRH’s decision on deregistration
Go to our more detailed instructions via the links below:
Companies removed before 2023Open link in a new tab
Companies removed as of 2023Open link in a new tab
See the legislation for more information
Deregistration (removing a company from the Trade Register):
- Limited Liability Companies Act, Chapter 20, sections 2, 4, 5, and 6.
- Co-operatives Act, Chapter 23, sections 2, 4, 5, and 6.
Filing financial statements with the Trade Register:
- Accounting Act, Chapter 3, section 9.
- Limited Liability Companies Act, Chapter 8, section 10.
- Co-operatives Act, Chapter 8, section 10.