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Simplified transactions of shares in Estonian OÜ companies. New legislation as from 1 August 2020.
Under the current law, all share transactions of
private limited companies (OÜ or osaühing in Estonian) must be notarized
in case the shares are not registered with the Estonian Securities Register.
This is the case with 97% of all companies’ shares in Estonia.
COVID-19: How to conclude a SPA in an emergency situation?
Emergency situations should
not completely paralyze business and transactions - business activity and
transactions are essential to keep the economy alive and it is evident that notaries are adapting rapidly.