Limited liability companies and co-operatives that have not filed financial statements risk being struck off the Trade Register

The Finnish Patent and Registration Office (PRH), which maintains the Finnish Trade Register, will deregister limited liability companies and co-operatives that have not filed their financial statements for registration.

The 5th deregistration in 2019 now includes 4,400 limited liability companies and co-operatives that - despite reminder letters - have not submitted their financial statements to the Trade Register within two years and six months.

The companies in the 5th deregistration are listed on the prh.fi website.

The companies on the list must file their financial statements with the Trade Register by 22 January 2020.

The PRH can deregister even an active limited liability company or co-operative if they do not file the financial statements by the deadline, 22 January 2020, and if there is no basis for ordering the company into liquidation. Deregistration will take place in February 2020.

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.

All limited liability companies and co-operatives must file their financial statements with the FinnishTrade Register for each financial period, even if they have interrupted or stopped their business activities.

You can use the Virre Information Service to check free of charge if the financial statements of your company have been recorded in the Trade Register. Go to the financial statements search in Virre.

The Finnish Tax Administration will only forward financial statements to the PRH if the documents have been submitted with the tax return exactly as instructed by the Tax Administration.
 

For more information, please contact:

Mr Franck Mertens
Team Manager
Finnish Patent and Registration Office (PRH)
Tel: +358 29 509 5212

 

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About Us

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.

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