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Nov 18, 2021 (Newsletter Issue 16/21)
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Companies that Failed Filing Financial Statements Are Removed from Trade Register

On September 22, 2021, the Finnish Patent and Registration Office (PRH) removed limited liability companies and co-operatives from the Finnish Trade Register that had not filed their financial statements despite several reminders in 2021.

The PRH's right to deregister companies that have not filed their financial statements is based in each case on either the Finnish Limited Liability Companies Act (chapter 20, section 4) or the Finnish Co-operatives Act (chapter 23, section 4).

Companies that have been removed from the register are out of business. They may apply for re-registration in the Finnish Trade Register. For instructions on how to apply, click here

For more information on the announcement, please click here