Limited liability companies and co-operatives must submit financial statements to the Finnish Trade Register; even active businesses may risk deregistration
The Finnish Patent and Registration Office (PRH) will this week send reminder letters to 4.966 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. The PRH can deregister even an active limited liability company or co-operative if they do not file the financial statements by the date given on the letter. Deregistration means that the business is out of action. The PRH's right to deregister companies that have not filed their financial statements is based in each case on