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Finland

Opening a company in Finland

Why open a company in Finland?

Finland’s economic stability and high-tech industrial base has made it a key target for international investors.  Anyone can set up business 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 (EU countries plus Iceland, Liechtenstein, Norway and Switzerland).

What is the most common type of company formation Finland?

  • Osakeyhtiö (Oyj): public limited company
  • Osakeyhtiö (Oy): private limited company

What are the requirements to open a public limited company (Oyj) in Finland?

  • Minimum share capital is €80.000.
  • 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%

What are the requirements to open a private limited company (Oy) in Finland?

  • Minimum share capital of €2.500.
  • There needs to be at least 2 directors (one has to be an EU resident).
  • At least one board director and a deputy
  • There is a statutory requirement for audited accounts only if the company has a turnover of more than €200.000, balance sheet total of more than €100.000 and 3 or more employees
  • A local serviced office is advisable, click here for details
  • Flat corporate tax rate of 26%

Finland Incorporation

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. The unemployment rate is currently less than 7%, and recruitment is becoming challenging in virtually every sector. There are important labor regulations regarding employment contracts and so professional advice will be needed.

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 before incorporating in Finland.

What is the corporate tax rate in Finland?

The corporate tax rate is 33.3% on profits.

Company registration in Finland

How can I obtain more information about opening a company in Finland?

Please contact us if you have questions and/or want to receive more information on opening a company in Finland.

How much does it cost to open a company in Finland?

Our service costs €4.280 and it includes: company incorporation in Finland, opening of bank account and VAT (fiscal) registration.

Support

The benefits of having your own company are virtually unlimited. Opening and managing a company with Europa Expert’s orientation is even simpler and easier. We provide all the needed support to open and manage your company in Finland.

Services we provide
Consulting for new companies (company’s name, website, etc.)
Initial registration
Corporate documents
Bank account in Finnish bank
Business Address and Mailbox in Finland
Fiscal registration (VAT)
Accountancy (according to Finnish Law)
Annual tax declaration
Virtual Office in Finland

Finland

Opening a company in Finland

Why open a company in Finland?

Finland’s economic stability and high-tech industrial base has made it a key target for international investors.  Anyone can set up business 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 (EU countries plus Iceland, Liechtenstein, Norway and Switzerland).

What is the most common type of company formation Finland?

  • Osakeyhtiö (Oyj): public limited company
  • Osakeyhtiö (Oy): private limited company

What are the requirements to open a public limited company (Oyj) in Finland?

  • Minimum share capital is €80.000.
  • 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%

What are the requirements to open a private limited company (Oy) in Finland?

  • Minimum share capital of €2.500.
  • There needs to be at least 2 directors (one has to be an EU resident).
  • At least one board director and a deputy
  • There is a statutory requirement for audited accounts only if the company has a turnover of more than €200.000, balance sheet total of more than €100.000 and 3 or more employees
  • A local serviced office is advisable, click here for details
  • Flat corporate tax rate of 26%

Finland Incorporation

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. The unemployment rate is currently less than 7%, and recruitment is becoming challenging in virtually every sector. There are important labor regulations regarding employment contracts and so professional advice will be needed.

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 before incorporating in Finland.

What is the corporate tax rate in Finland?

The corporate tax rate is 33.3% on profits.

Company registration in Finland

How can I obtain more information about opening a company in Finland?

Please contact us if you have questions and/or want to receive more information on opening a company in Finland.

How much does it cost to open a company in Finland?

The amount is €5.100  and the services included in this amount are: Finland, bank account opening and VAT registration. Required registered address: € 7,000 per year

Support

The benefits of having your own company are virtually unlimited. Opening and managing a company with Europa Expert’s orientation is even simpler and easier. We provide all the needed support to open and manage your company in Finland.

Services we provide
Consulting for new companies (company’s name, website, etc.)
Initial registration
Corporate documents
Bank account in Finnish bank
Business Address and Mailbox in Finland
Fiscal registration (VAT)
Accountancy (according to Finnish Law)
Annual tax declaration
Virtual Office in Finland

IN THE USA: + 1 305 824-9100 FAX: 305 675-8584  409 NW 10th Terrace Hallandale Beach, FL 33009

IN BRAZIL:  +55 11 4063-6052 FAX: 11 3957-1612 Rua Maestro Cardim, 354 – Cjs 91 e 92 Bela Vista – São Paulo/SP                                01323-000 – Brazil

IN EUROPE: +44 020 8144-5686    

 IN THE USA: + 1 305 824-9100

 FAX: 305 675-8584
 409 NW 10th Terrace
 Hallandale Beach, FL 33009 

 IN BRAZIL: +55 11 4063-6052 

 FAX: 11 3957-1612

 Rua Maestro Cardim, 354 – Cjs 91 e 92 

 Bela Vista – São Paulo/SP

 01323-000 – Brazil 

 IN EUROPE: +44 020 8144-5686 

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