ettevõtteõiguse

Ettevõtteõigus, often translated as company law or corporate law, is a branch of law that governs the establishment, operation, and dissolution of companies and other business entities. It defines the legal framework within which businesses function, including the rights and responsibilities of shareholders, directors, and other stakeholders.

Key areas within ettevõtteõigus include the formation of different types of legal entities such as limited liability companies (OÜ), public limited companies (AS), and partnerships (OÜ, OÜ). It also covers aspects like corporate governance, capital requirements, mergers and acquisitions, insolvency, and winding-up procedures.

The primary purpose of ettevõtteõigus is to provide a predictable and stable environment for commercial activity. It aims to protect investors, creditors, and the public interest by ensuring transparency, accountability, and fair dealing in business transactions. Regulations within ettevõtteõigus are designed to foster economic growth while mitigating risks associated with business operations.

In Estonia, ettevõtteõigus is largely codified within the Commercial Code (Äriseadustik). This code sets out the detailed rules for the creation, management, and termination of various business associations, reflecting both national legal traditions and European Union directives. Understanding ettevõtteõigus is crucial for anyone involved in starting, managing, or investing in a business.