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 about 5.000 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.
All limited liability companies and co-operatives must draw up financial statements for each financial period, even if they are not carrying out business. The documents must be submitted to the Finnish Trade Register.
Financial statements that are submitted with the tax return, as instructed by the Finnish Tax Administration, are being forwarded to the Finnish Trade Register. In the Virre Information Service, companies can check free of charge if the financial statements have been registered at the Finnish Trade Register. Go to Virre Information Service.
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 or the Finnish Co-operatives Act.
For more information, please contact:
Mr Franck Mertens
Team Manager
Finnish Patent and Registration Office (PRH)
Tel: +358 29 509 5212
About us
We work for the benefit of companies and organizations.
We register companies, associations, foundations and other organizations and corporations, as well as enterprise mortgages and LEI codes. We examine and grant patents and register utility models. We also register trademarks for products and services and provide design protection. We oversee and approve auditors and monitor foundations and the collective management of copyright.
We offer our customers advisory services and courses. We give information about companies, organizations, corporations and immaterial rights.
Our office is an International Searching Authority (ISA) and International Preliminary Examining Authority (IPEA) for international PCT patent applications.
Our office comes under the administrative sector of the Ministry of Economic Affairs and Employment (MEAE), and we negotiate each year with the MEAE on our performance targets. Our office is subject to net budgeting, meaning that about 95% of our expenses are covered by the income we make from our services.
Read more: https://www.prh.fi/en/presentation_and_duties.html
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