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Commercial Code1 Issuer: Riigikogu Type: act In force from: 01.08.2016 In force until: 31.12.2019 Translation published: 13.07.2016 Commercial Code1 Passed 15.02.1995 RT I 1995, 26, 355 Entry into force 01.09.1995 Amended by the following acts Passed Published Entry into force 28.05.1996 RT I 1996, 40, 773 08.06.1996 26.06.1996 RT I 1996, 51, 967 29.07.1996 consolidated text on paper RT RT I 1996, 52, 993 11.02.1997 RT I 1997, 16, 258 16.03.1997 05.06.1997 RT I 1997, 48, 774 10.07.1997 21.10.1997 RT I 1997, 77, 1313 12.11.1997 17.12.1997 RT I 1998, 2, 48 09.01.1998 17.02.1998 RT I 1998, 23, 322 22.03.1998 11.03.1998 RT I 1998, 30, 410 01.10.1998 25.03.1998 RT I 1998, 36, 552 01.05.1998 17.06.1998 RT I 1998, 59, 941 10.07.1998 consolidated text on paper RT RT I 1998, 91, 1500 20.01.1999 RT I 1999, 10, 155 01.01.2000 17.02.1999 RT I 1999, 23, 355 19.03.1999 10.02.1999 RT I 1999, 24, 360 01.07.1999 16.06.1999 RT I 1999, 57, 596 17.07.1999 15.12.1999 RT I 1999, 102, 907 10.01.2000 22.03.2000 RT I 2000, 29, 172 17.04.2000 06.06.2000 RT I 2000, 49, 303 08.07.2000 14.06.2000 RT I 2000, 57, 373 01.01.2001 20.06.2000 RT I 2000, 55, 365 12.07.2000 13.03.2001 RT I 2001, 34, 185 10.04.2001 05.06.2001 RT I 2001, 56, 332 01.10.2001 06.06.2001 RT I 2001, 56, 336 07.07.2001 17.10.2001 RT I 2001, 89, 532 01.01.2002 14.11.2001 RT I 2001, 93, 565 01.02.2002, partially14.12.2001 19.12.2001 RT I 2002, 3, 6 01.02.2002 27.03.2002 RT I 2002, 35, 214 01.06.2002 05.06.2002 RT I 2002, 53, 336 01.07.2002 19.06.2002 RT I 2002, 61, 375 01.08.2002 19.06.2002 RT I 2002, 63, 387 01.09.2002 19.06.2002 RT I 2002, 63, 388 29.07.2002 06.11.2002 RT I 2002, 96, 564 01.01.2003 20.11.2002 RT I 2002, 102, 600 01.01.2003, partially26.12.2002 17.12.2002 RT I 2002, 110, 657 31.12.2002 18.12.2002 RT I 2003, 4, 19 01.02.2003 15.01.2003 RT I 2003, 13, 64 01.07.2003 29.01.2003 RT I 2003, 18, 100 07.03.2003 19.11.2003 RT I 2003, 78, 523 27.12.2003 Commercial Code Page 1 / 160 17.12.2003 RT I 2003, 88, 591 01.01.2004 25.11.2004 RT I 2004, 86, 582 01.01.2005 16.12.2004 RT I 2004, 89, 613 07.01.2005 22.02.2005 RT I 2005, 15, 85 01.01.2006 12.10.2005 RT I 2005, 57, 449 01.01.2006 12.10.2005 RT I 2005, 57, 450 01.01.2006 12.10.2005 RT I 2005, 57, 451 18.11.2005 27.10.2005 RT I 2005, 61, 478 01.12.2005 consolidated text on paper RT RT I 2005, 63, 481 08.12.2005 RT I 2005, 68, 525 01.01.2006 26.01.2006 RT I 2006, 7, 42 04.02.2006 10.05.2006 RT I 2006, 25, 186 01.07.2006 15.11.2006 RT I 2006, 55, 407 01.01.2007 23.11.2006 RT I 2006, 55, 412 01.01.2007 06.12.2006 RT I 2006, 61, 456 01.01.2007 24.01.2007 RT I 2007, 12, 66 01.01.2008 24.10.2007 RT I 2007, 58, 380 19.11.2007 21.11.2007 RT I 2007, 65, 405 15.12.2007 21.11.2007 RT I 2007, 67, 413 28.12.2007 20.03.2008 RT I 2008, 16, 116 15.04.2008 04.06.2008 RT I 2008, 27, 177 10.07.2008 04.06.2008 RT I 2008, 27, 177 01.01.2009 04.06.2008 RT I 2008, 27, 177 01.01.2010 19.11.2008 RT I 2008, 52, 288 22.12.2008 10.12.2008 RT I 2008, 59, 330 01.01.2009 11.12.2008 RT I 2008, 60, 331 01.01.2009 17.12.2008 RT I 2009, 5, 35 01.07.2009 28.01.2009 RT I 2009, 12, 71 27.02.2009 29.01.2009 RT I 2009, 13, 78 01.07.2009 06.05.2009 RT I 2009, 27, 164 08.06.2009 20.05.2009 RT I 2009, 29, 175 01.07.2009 21.05.2009 RT I 2009, 30, 178 01.07.2009 21.10.2009 RT I 2009, 51, 349 15.11.2009 29.10.2009 RT I 2009, 54, 363 01.01.2010 11.11.2009 RT I 2009, 57, 381 01.01.2010 26.11.2009 RT I 2009, 62, 405 01.01.2010 16.12.2009 RT I 2009, 67, 460 01.01.2010 27.01.2010 RT I 2010, 9, 41 08.03.2010 22.04.2010 RT I 2010, 20, 103 01.07.2010, partially 01.01.2011, enters into force on the date which has been determined in the Decision of the Council of the European Union regarding the abrogation of the derogation established in respect of the Republic of Estonia on the basis provided for in Article 140 (2) of the Treaty on the Functioning of the European Union, Council Decision 2010/416/EU of 13 July 2010 (OJ L 196, 28.07.2010, p. 24 - 26). 17.06.2010 RT I 2010, 38, 231 01.07.2010 29.09.2010 RT I 2010, 77, 589 01.01.2011 16.12.2010 RT I, 30.12.2010, 2 01.01.2011 16.02.2011 RT I, 14.03.2011, 1 01.01.2012 23.02.2011 RT I, 25.03.2011, 1 01.01.2014; date of entry into force changed to 01.07.2014 [RT I, 22.12.2013, 1] 12.10.2011 RT I, 02.11.2011, 1 12.11.2011 07.12.2011 RT I, 28.12.2011, 1 01.01.2012 02.05.2012 RT I, 25.05.2012, 8 04.06.2012 10.10.2012 RT I, 25.10.2012, 1 01.12.2012 Page 2 / 160 Commercial Code 05.12.2012 RT I, 18.12.2012, 3 19.12.2012, partially01.01.2013 13.06.2013 RT I, 02.07.2013, 3 01.09.2013, partially12.07.2013 05.12.2013 RT I, 22.12.2013, 1 01.01.2014 11.12.2013 RT I, 23.12.2013, 1 01.01.2014, partially01.01.2015 and 01.01.2020 21.01.2014 RT I, 31.01.2014, 6 01.02.2014, partially01.04.2014 27.02.2014 RT I, 21.03.2014, 3 31.03.2014, partially01.04.2014 and 01.01.2015 11.06.2014 RT I, 21.06.2014, 8 01.01.2015, throughout the text of the Code, the words "in the register of the registered office" replaced with the words "on the registry card" 19.06.2014 RT I, 12.07.2014, 1 01.01.2015 19.06.2014 RT I, 29.06.2014, 109 01.07.2014, the titles of ministers substituted on the basis of subsection 107³ (4) of the Government of the Republic Act. 11.02.2015 RT I, 04.03.2015, 4 01.07.2015 18.02.2015 RT I, 19.03.2015, 3 29.03.2015 10.12.2015 RT I, 30.12.2015, 4 01.01.2016 07.06.2016 RT I, 22.06.2016, 21 01.08.2016 Part I GENERAL PART Chapter 1 GENERAL PROVISIONS § 1. Undertaking An undertaking for the purposes of this Code is a natural person who offers goods or services for charge in his or her own name and for whom the sale of goods or provision of services is permanent activity, or a company specified in this Code. [RT I, 25.03.2011, 1 - entry into force 01.07.2014 (entry into force amended - RT I, 22.12.2013, 1)] § 2. Classification of companies (1) A company is a general partnership, limited partnership, private limited company, public limited company or commercial association. Other companies may also be prescribed by law. (2) A company shall be entered in the commercial register. (3) The passive legal capacity of a company shall commence as of its entry in the commercial register and shall terminate as of its deletion from the commercial register. (4) Companies may merge, divide or be transformed into a company of other type only in the cases and pursuant to the procedure provided by law. (5) In the cases provided by law, the permission of a competent agency is required for merger, division or transformation. § 3. Sole proprietorship (1) Any natural person may be a sole proprietor. (2) A sole proprietor shall submit a petition for his or her entry in the commercial register before the commencement of the activity. [RT I 2008, 60, 331 - entry into force 01.01.2009] (3) A sole proprietor may notify the registrar of the commercial register of the suspension of the activities of his or her enterprise in advance specifying the period of time when the enterprise does not operate.
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