Limited liability companies and co-operatives must submit financial statements to the Trade Register; even active businesses may risk de-registration

The Finnish Patent and Registration Office (PRH) will this week send reminder letters to about 2000 limited liability companies and co-operatives that have not submitted their financial statements for registration within one year from the end of the financial period.

Even active businesses that do not submit their financial statements may risk de-registration, which means in practice the termination of business activities and significant tax consequences.

Limited liability companies and co-operatives must draw up financial statement documents for each financial period and file them with the PRH. Read more about the obligation to file financial statements.

The de-registration procedure is based on the Limited Liability Companies Act and the Co-operatives Act. Read more about de-registration.

For more information, please contact:

Nico Wendelin
Team Manager
Tel. 029 509 5279

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Latest update 30.08.2017