Until 2015 there were two alternatives for the dissolution of a company: voluntary dissolution (liquidation) or compulsory dissolution. In this year termination of a company has become much easier and the law offers a third option – merger of a company’s assets with the assets of a natural person (acquiring natural person) who is the sole shareholder of the company. It is an alternative to the voluntary liquidation proceeding and it is the easiest option if the company is owned by one shareholder.

You can find more details, including the main steps of the merger process, from our Estonian website.