Business services

Business Services >Change-of-ownership and cessation Updated at: 10.05.2018

Cessation of business

Different rules apply to different forms of incorporation when it comes to the cessation of business. The Finnish Patent and Registration Office website contains appropriate instructions for various situations. You can also use the services online on +358 29 509 5050 (weekdays 9 am–4:15 pm).

If the debts of the closing company exceed its assets, the cessation must be executed via bankruptcy proceedings. Bankrupt companies can contact the Bankruptcy Ombudsman, who fosters good receivership through initiatives, advice and instructions. The Bankruptcy Ombudsman has an office in Tampere.