About 20,000 firms have received warnings of deletion from the commercial register in recent weeks because they failed to submit annual reports for last year, Äripäev reports. Mobile version of the commercial register. Photo: Mihkel Maripuu, Postimees
About 20,000 firms have received warnings of deletion from the commercial register in recent weeks because they failed to submit annual reports for last year, reports Äripäev .
Today alone, more than 1,000 legal entities received exclusion notices and now have three months to submit a report. If the report is not submitted, the registrar may fine the company or remove it from the register.
Read more in Äripäev .
On July 1, Postimees reported that a significant number of companies had not yet submitted their annual reports.
Companies required to submit annual reports. Those whose financial year ended on December 31 last year had to submit a report by the end of June. By July 1, only about 63 percent of Estonian enterprises had done so.