JST Legal Alliance

Business in Finland

Finland is the only Nordic country in the European Union that has adopted the Euro currency. The low tax rate on the corporates is 20% which is why it is attracting the foreign companies to Finland.

When international companies enter into the Finnish markets, they are entitled to benefit equal privileges and grants as Finnish businesses. Multinational companies are cordially embraced in Finland. Finland is an example of the most competitive and free marketplaces of the world


Finland is one of the least corrupt countries in the world, which is why it has built-in its trust to the global market. People are guaranteed under the Finnish constitution that the cases are procced fairly under the law, and the Finnish judicial system is independent and impartial.

In Finland, people have freedom of speech, equality, free movement, and they feel safe everywhere and anytime. It is one of the greatest secrets of Finland that international companies like transparent atmosphere to creating a successful business
Finland is one of the least corrupt countries in the world, which is why it has built-in its trust to the global market. People are guaranteed under the Finnish constitution that the cases are procced fairly under the law, and the Finnish judicial system is independent and impartial.

In Finland, people have freedom of speech, equality, free movement, and they feel safe everywhere and anytime. It is one of the greatest secrets of Finland that international companies like transparent atmosphere to creating a successful business

Company Incorporation

While establishing a company in Finland, choice of the field of activity, company form, the name of the company and optional name in case if the first one is not available and the municipality of the company has to be determined.

Additionally, the number of founders, capital amount, sharing of responsibilities and decision making, financing and taxation are factors that impact the selection about which legal entity to choose
Legal entities in Finland are named with:
Osakeyhtiö
Limited company
Avoin yhtiö
Partnership
Toiminimi
Private entrepreneur
Osuuskunta
Corporate association
Kommandiittiyhtiö
Limited partnership
Sivuliike-kiinteä toimipaikka
Branch office
A typical popular one legal entity is Limited company osakeyhtiö (OY). At least one of a shareholder is required, No share capital needed and 1-5 regular members in the board of directors.

At least one shareholder, one ordinary member and one deputy member in the board of directors required and one member of the board of director must be resident of any EEA country and have an address in EEA country.

Registration of the company may take 1 to 2 weeks after the submitting of the full set of legal documents at the Finnish Trade Register (PRH)

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