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LexorCorp Global

Ordered and paid online

Mergers, divisions, acquisitions and sales of companies in Estonia

Advice on mergers, divisions and the purchase or sale of a company — Estonian or foreign, including large companies.

In short

Preparation of the documents and organisation of mergers, divisions, transformations and the purchase and sale of companies, Estonian and foreign, including large companies. The price is from €4,500, excluding VAT. How long it takes: a simple share purchase 2–4 weeks; a merger or division at least 2–3 months because of statutory notice periods and creditor protection.

Prices

Usual time: a simple share purchase 2–4 weeks; a merger or division at least 2–3 months because of statutory notice periods and creditor protection. This is what it usually takes, not a promised date.

ServicePrice
Estonian companies — merger, division, purchase or sale: documents and organisation (including large companies)Fee for the standard scope — ordered and paid onlinefrom €4,500
Post-closing commercial register filingsPrepared for your company: usually delivered within 7 working days after we have received the necessary information.€450
Foreign companies — merger, division, purchase or sale: documents and organisation (including large companies)Fee for the standard scope — ordered and paid onlinefrom €6,500
Due diligence report — review of the company's documentsFee for the standard scope — ordered and paid onlinePrepared for your company: usually delivered within 7 working days after we have received the necessary information.from €2,250

Prices are starting prices. A starting price is our fee for the standard scope described on this page and is paid when you order; work beyond that scope is done only with your written agreement. Notary fees, state fees and other official costs of the transaction are charged separately. The fixed-price post-closing register filings include the Estonian notary fees and state fees.

Order

Each service in detail

General information, not legal advice. Prices are in the table above.

Estonian companies — merger, division, purchase or sale: documents and organisation (including large companies)

Preparation of the documents and organisation of a merger, division, purchase or sale of Estonian or foreign companies, including large companies: structure memo, documents and register steps.

For whom: Owners and investors in a transaction.

What you receive

  • Transaction plan
  • Documents and register filings

Conditions

The starting price is our fee for the standard scope. Not part of the service: legal opinions and representation in disputes.

Law and requirements

  • Commercial Code — mergers and divisions; contract law

Not included in the price

  • Legal opinions
  • Valuation
  • Tax structuring

Who does what

LexorCorp
Prepare the documents and organise the steps of the transaction.
You
Provide the information and documents, make the decisions of the transaction and sign.
Authority
The registrar and, where applicable, competition authorities.

Estonian companies — merger, division, purchase or sale: documents and organisation (including large companies): price, requirements, process and deadline on its own page

Post-closing commercial register filings

Commercial register filings after a closed transaction. It includes the changes of shareholders, management board and other register data that follow the transaction, so that the register reflects the new owners.

For whom: Buyers and sellers after a closed purchase, sale, merger or division of an Estonian company.

What you receive

  • The register filings

Conditions

After closing.

Law and requirements

  • Commercial Code

Not included in the price

  • Transaction disputes

Who does what

LexorCorp
Prepare the application and its documents and manage the procedure until the decision.
You
Provide information, capital and people that meet the legal requirements; sign and answer the authority's questions.
Authority
The registrar.

Post-closing commercial register filings: price, requirements, process and deadline on its own page

Foreign companies — merger, division, purchase or sale: documents and organisation (including large companies): see Estonian companies — merger, division, purchase or sale: documents and organisation (including large companies).

Due diligence report — review of the company's documents

A due diligence review of a target company's corporate and register documents, with a written report.

For whom: Buyers and investors.

What you receive

  • Written report on the reviewed documents

Conditions

Scope agreed in writing; it is a document review, not a legal opinion. It typically covers the register file, articles, shareholder and board decisions, material contracts made available to us and any encumbrances visible in public registers.

Law and requirements

  • Commercial Code

Not included in the price

  • Financial and tax due diligence
  • Legal opinion

Who does what

LexorCorp
Review the documents made available and write the report.
You
Give access to the target's documents; the decision to buy is yours.
Authority
None.

Due diligence report — review of the company's documents: price, requirements, process and deadline on its own page

How long it takes

A simple share purchase 2–4 weeks; a merger or division at least 2–3 months because of statutory notice periods and creditor protection.

How a merger, division, purchase or sale is organised

  1. A written questionnaire

    You: You answer a written questionnaire on the companies involved and the structure you intend.

    We: We run the whole matter by email and start from your answers and the parties' agreement in principle.

  2. Structure memo and timetable

    You: You send the corporate documents, financial statements, material contracts and any term sheet.

    We: We write a structure memo and a transaction timetable.

  3. Document review, if ordered

    You: You decide whether to order a due diligence report on the company's documents.

    We: We review the documents and report what we find, when that add-on is part of your order.

  4. Transaction documents

    You: You and the other party comment on the drafts through the rounds of amendment.

    We: We draft the transaction documents and work the agreed changes into them.

  5. Signing and closing

    You: You sign the documents and complete the closing steps that fall to the parties.

    We: We organise the signing; a simple share purchase takes 2–4 weeks, a merger or division at least 2–3 months because of statutory notice periods.

  6. Register filings

    You: You receive the signed transaction documents and the confirmation of the completed entries.

    We: We prepare the filings to the commercial register that follow the closing.

Order merger or sale documents

What we need from you and why

From youWhy
Answers to a written questionnaireIt covers the companies involved and the structure you intend, and the structure memo and timetable follow from it.
Corporate documents of the companiesWe prepare the transaction documents for these companies and need their own records to do it.
Financial statements of the companiesYou send them with the corporate documents for the structure memo and timetable.
Material contracts of the companiesThey are among the documents reviewed in the due diligence report, if you order one.
Term sheet or letter of intentAn agreement in principle between the parties is a prerequisite for our work.

When this service is not for you

  • You and the other party have not yet agreed in principle. That agreement is a prerequisite, so come back once it exists.
  • You need tax advice or a valuation. Neither is included in this work.
  • You need a legal opinion or representation in a dispute. These are not included; our due diligence report is a document review, not a legal opinion.
  • You only need a change of shareholders and the transfer of a share. That is one of the commercial register entries.
  • You need an Estonian company to start with, not a particular business to buy. A ready-made company is an already registered company transferred to you.

Frequently asked questions

Why are your M&A prices only starting prices?

Every transaction differs in size, structure and the number of parties. A starting price is our fee for the standard scope described on this page and is paid when you order. If the transaction needs more work, we tell you in writing before that work starts, and it is done only with your agreement. Notary fees, state fees and other official costs are charged separately.

Do you handle transactions involving foreign companies?

Yes, including cross-border structures with an Estonian party. Where foreign law applies to part of the transaction we coordinate with local counsel, whose fees are separate and are agreed with you in advance.

What is the difference between a merger and a division?

In a merger one or more companies transfer all their assets to another company and cease to exist; in a division a company transfers part or all of its assets to one or more other companies. Both follow a procedure under the Commercial Code with a merger or division agreement, reports and register entries.

What does a due diligence document review of an Estonian company check?

Public registers — the commercial register, the register of economic activities, the land and commercial pledge registers, court decisions and tax debts — and the documents only the seller has: material contracts and change-of-control clauses, encumbrances on the shares, employment, licences, disputes and intellectual property. The result is a red-flag report in English.

Does the due diligence include a tax and financial review?

No. Financial and tax due diligence and valuation are carried out by accountants and tax advisers; we coordinate with them where you engage them.

What must be filed with the register after buying an Estonian company?

The change of shareholders of a private limited company is forwarded to the register by the notary who certifies the share transfer. The company itself must file the other changes decided in the transaction — a new management board, amended articles, a new business name or address — and update its beneficial owner data.

Are notary and state fees included in the post-closing filings?

Yes. The post-closing register filings have a fixed price, and the Estonian notary fees and state fees are included in it. Notary fees and state fees of the transaction itself are charged separately.

Can a merger or sale be done remotely?

Most steps can, with digital signatures or powers of attorney; notarial acts are certified in Estonia.

What are the risks in a company purchase?

Undisclosed liabilities, restrictions in the articles and missing consents. A due diligence review of the documents reduces them; it is not a legal opinion.

What happens after closing?

The register data must reflect the new owners; post-closing filings are available as a separate service.

Order

Choose the service and its add-ons, enter your details and pay by card. The total is shown before you pay and changes as you tick or untick an add-on.

1. Service and add-ons
from €4,500

Other services you can add

€450Prepared for your company: usually delivered within 7 working days after we have received the necessary information.
from €2,250Prepared for your company: usually delivered within 7 working days after we have received the necessary information.
€490
€990
from €1,590
€450
€180
from €600
€350 / year
€250 / year
from €150 / month
from €450
€350
€550
€300
€150 / document
€180 / page
from €3,900
from €5,600

Rows marked as needed or strongly recommended arrive ticked. You decide: untick what you do not need, tick what you do. Every row shows its own price; the total below changes at once.

2. Your project
3. Contact details (all required)

Address

Your order

  • Estonian companies — merger, division, purchase or sale: documents and organisation (including large companies)€4,500
  • Due diligence report — review of the company's documents€2,250

Total, excluding VAT€6,750

The amount you pay now is our fee for the standard scope described on this page. If your project needs work beyond that scope, we tell you the additional fee in writing before that work starts, and it is done only with your written agreement. Before the work has started you may cancel by email and receive a full refund (Terms of service, section 10).

Our service is the preparation of documents and the organisation of the transaction. It is not legal advice, an advocate's service or an audit; the decisions of the transaction are made by its parties.

Total, excluding VAT €6,750

After you submit, Revolut's secure card payment page opens. All communication about your order takes place by email.

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Add-ons and upgrades

What you can add to mergers, divisions, acquisitions and sales

Each add-on states what you receive and what is not included. Prices come from our price list; every add-on is ordered and paid in the order form on this page.

Post-closing commercial register filings

€450Recommended

Full description

After closing, the filings the company itself must make for the changes decided in the transaction: management board, articles of association, business name or address, and beneficial owner data. The change of shareholders of an OÜ is filed by the notary who certifies the share transfer; we check that it is in the register.

Ordered together with: Estonian companies — merger, division, purchase or sale: documents and organisation (including large companies).

What you receive

  • Resolutions for the changes decided in the transaction
  • Commercial register application
  • Check that the notary's shareholder filing is in the register

Not included

    Estonian notary fees and state fees are included in the price.

    Order Read the guide

    Due diligence report — review of the company's documents

    from €2,250

    Full description

    A review of the target company's documents before you sign: corporate records, material contracts, disputes, licences and encumbrances, with a red-flag report. It is a document review, not a legal opinion.

    Ordered together with: Estonian companies — merger, division, purchase or sale: documents and organisation (including large companies); Foreign companies — merger, division, purchase or sale: documents and organisation (including large companies).

    What you receive

    • Document request list
    • Review of the documents provided
    • Red-flag report in English

    Not included

    • Financial and tax due diligence
    • Valuation

    State fees, notary fees and the fees of the Financial Supervision Authority or any other public authority are never included in our price; they are paid separately. The decision on any licence, authorisation, registration or register entry is made by the competent authority alone.

    Order Read the guide

    All prices are in euros and exclude VAT. VAT is added where it applies under the Estonian Value Added Tax Act.

    All add-ons and upgrades · Price list