Finland’s economic stability and high-tech industrial base has made it a key target for international investors. Anyone can set up a limited company in Finland, irrespective of nationality, so long as one of the company’s founding members is resident in the European Economic Area. If the founder is a legal person, its domicile should be in an EEA country (the EEA compromises all the EU countries plus Iceland, Liechtenstein, Norway and Switzerland). If you want to know more about opening a company in Finland, contact us or read on.

What is the most common type of company in Finland?

The two most popular forms of business entity in Finland are:

  • public limited company - osakeyhtiö Oyj
  • private limited company – osakeyhtiö Oy

How much share capital is required to establish a public limited company (Oyj)?

  • The minimum share capital for a public limited company is €80,000.

What other requirements are there for a public limited company?

  • a minimum of three board directors plus a chief executive.
  • it is usual to be listed in the Helsinki Stock Exchange.
  • there is a statutory requirement for audited accounts.
  • flat corporate tax rate of 26%.

How much share capital is required to establish a private limited company (Oy)?

  • The minimum share capital for a private limited company is €8,000.

What other requirements are there for a private limited company?

  • at least one board director and a deputy.
  • there is a statutory requirement for audited accounts.
  • a local serviced office is advisable.
  • flat corporate tax rate of 26%.

What other types of company are there?

  • general or limited partnership.
  • small private company, usually sole trader.
  • branch of a foreign company.

How easy is it to recruit staff?

Finland has one of the most advanced education systems in the world, and the workforce is highly skilled. Despite an unemployment rate of around 9%, there are recruitment difficulties in certain sectors such as telecommunications and IT. It is worth noting that there are important labor regulations regarding employment contracts and so professional advice will be needed. Please contact us for this. We can also help you with general recruitment issues.

What is the regulatory environment like?

Although the business environment in Finland is liberal and investor-friendly, the regulatory environment is strict and any breach of the legal or tax code is taken very seriously. For this reason it is particularly important to seek expert advice from the outset. To learn more about our local team of legal and financial specialists in Finland, please contact us.




Copyright Reserved © 2010 | Mumtaz & Associates
Design & Developed by Core Solutions & Services
Karachi Lawyers Law Firms, Karachi Law Firm Lawyer, Find a Lawyer, Attorney Karachi Pakistan, Divorce Lawyer Karachi, Pakistan - Karachi Lawyers, Law Firms Divorce - Karachi Attorneys, Best Law Firms, Advocates, Attorneys & Lawyers in Karachi, Pakistan, karachi law firm, Civil lawyers, karachi lawyer, karachi Law firms, family solicitors, income tax, sales tax, attorney, attorneys, matrimonial marriage court, accident injuries, Pakistan, acquisitions, adoption, asset protection aviation, banking and finance, bankruptcy, Pakistan, business and commercial, car accident, child support, class action commercial leasing, consumer, contract, copyright, Karachi criminal law, civil law, disability, discrimination, divorce, drug crimes, karachi family law, karachi immigration visa, incorporation international, internet cyber law, IRS audit, joint ventures, law suit, licensing agreement, limited liabiliy companies, litigation and appeals, Pakistan, medical malpractice, medical negligence, arbitration and collaboration, mergers, motor vehicles, partnership, patents, permanent green card, personal injury, prenuptial agreement, wills, probate, securities and investments, sexual harassment, tax planning, taxation, torts, trade marks, trusts, warranties, workers compensation, Karachi, Find law offices and Pakistan, lawyers practicing in the area of Divorce in Karachi, Pakistan. Find a Divorce law firm Karachi Pakistan. Divorce lawyer Karachi Pakistan, Find the best lawyers, attorneys, advocates and law firms in Karachi Pakistan. Find the best lawyers in Karachi who specialize in Advertising, Immigration, Agency Law, Alternative Dispute Resolution lawyers, Arbitration, Karachi Aviation Law, Pakistan, Banking Law, bankruptcy, Business Law, Child Support and Custody, Civil Litigation, Class Actions, Commercial Law, Computer and Software, Construction Accidents, Contracts, Copyright lawyers, Pakistan, Corporate Finance, Corporate Taxation attorneys, Criminal Defense, customs, Discrimination, Divorce, Domestic Violence, Drugs and Narcotics, E-Commerce, Karachi, Education Law, Employment and Labor, Entertainment Law, Environmental, Family Law, Food and Beverages, Forestry and Fisheries, Pakistan, Franchising, Fraud, Gaming Law, Government Contracts, Karachi, Health Care, Human Rights, Import and Export, Insurance Defense, Intellectual Property, Islamic Law, Joint Ventures, Landlord and Tenant Law, Pakistan, Lemon Law, Media, Nonprofit Organizations, Offshore Services, Oil and Gas, Patents, Personal Injury, Personal Property Law, Pharmaceutical, Pakistan, Real Estate, Securities, Sex Crimes, Pakistan, Sexual Harassment, Taxation, Karachi ,Tourism and Travel, Trademark, US Federal Courts, Utilities, Workers Compensation & Wrongful Death. Top lawyers in Karachi, Lawyer, lawyers, Find a lawyer, Pakistan, Find lawyers, Divorce lawyer, Family lawyer, Corporate lawyer, Business lawyer, in lawyers, in lawyer, law firm, law firms, find a law firm, find a law firms, solicitor, solicitors, find a solicitor, find solicitors, attorney, attorneys, family attorney, tax attorney, business attorney, commercial attorney, Pakistan, attorney law firm, patent attorney, copyright attorney, ip attorney, intellectual property attorney, find a attorney, find an attorney, find attorney, wills, family law, divorce attorney, divorce, legal, Pakistan, legal advice, free legal advice, legal help, online legal help, defense, litigation, litigation lawyer, litigation law firm, dispute resolution