Limited liability companies and co-operatives: File your beneficial owner details by 23 October 2024 to avoid deregistration
The Finnish Patent and Registration Office (PRH) reminds thousands of limited liability companies and co-operatives to file details of their actual beneficial owners with the Finnish Trade Register by 23 October 2024. We have recorded the reminder in the Trade Register details of these companies.
See the companies at prh.fi that may be removed from the Finnish Trade Register:
- The reminder was recorded in the register details on 1 July 2024, in Finnish.
- The reminder was recorded in the register details on 1 July 2024, in Swedish.
The PRH deregisters these companies if they do not file their beneficial owner details by the deadline, and there is no basis for ordering the business into liquidation.
A Trade Register extract including the entry has been sent to each company’s address recorded in the Finnish Business Information System at ytj.fi, or to a person responsible for the company. The reminder will also be published in the Official Journal.
All limited liability companies and co-operatives must file their beneficial owner details with the Finnish Trade Register. This does not apply to listed companies or mutual real estate limited companies.
Who is an actual beneficial owner?
An actual beneficial owner is a person with an ownership interest or control in a company. Such a person owns more than 25% of the company’s shares or holds more than 25% of the voting rights in the company, whether directly or indirectly through another company. Read more about beneficial owners.
The company must file a notification of beneficial owners even if the company has no actual beneficial owners or the company does not know them.
File your notification of beneficial owners with the Finnish Trade Register by 23 October 2024
File the notification of beneficial owners by the deadline to avoid deregistration. We do not extend the deadline for filing the notification.
File your notification online using our service at ytj.fi in Finnish and Swedish. Please note that you can file the notification on paper in exceptional cases only. Read our instructions with a link to the online service at ytj.fi.
Deregistration in November 2024
We will deregister companies if they do not file their notification of beneficial owners by the deadline, and there is no basis for ordering the business into liquidation.
Deregistered companies may appeal the decision to the Helsinki Administrative Court.
Our deregistration and liquidation process follows the procedure set out in the Finnish Limited Liability Companies Act, Co-operatives Act and Trade Register Act. Read more about the deregistration procedure.
EU financing has been used to implement the deregistration of companies that have neglected to submit their notification of beneficial owners.
For further information, please contact
Trade Register Advisory Service
Email: neuvonta.kaupparekisteri(a)prh.fi
Tel. +358 29 509 5030, Mon–Fri 9.00–15.00
