Estonia: Corporate/Commercial Law

When approving the annual report, reviewing the terms of office of supervisory and management board members and auditors, and extending these, if necessary, is advisable.

All companies registered with the Estonian Register of Economic Activities have to confirm the accuracy of registered data by 15 April.

In the beginning of 2006 the Estonian Minister of Justice initiated a new activity plan, which sets clear goals in thirteen domains of commercial law based on feedback from entrepreneurs in order to simplify a number of operations and thus increase legal certainty and economic turnover in Estonia.