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