Company Formation Finland
SET UP BUSINESS IN FINLAND TODAY!
Introduction to Finland Incorporation
Finland's economic stability and high-tech industrial base has made it a key target for international investors considering company formation Finland. 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 (the EEA compromises all the EU countries plus Iceland, Liechtenstein, Norway and Switzerland). If you want to know more about Finnish incorporation please contact us or read on.
What is the most common type of company formation Finland?
The two most popular forms of Finland incorporation are:
- public limited company - osakeyhtiö Oyj
- private limited company – osakeyhtiö Oy
We are Finland incorporation experts, to speak to one of our specialists click here
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.
Finland company registration. Are there other requirements for a public limited company?
Open a company in Finland 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 €2,500.
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 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%
Finnish incorporation. What other types of company are there?
Set up business in Finland general or limited partnership
- small private company, usually sole trader
- branch of a foreign company
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. It is worth noting that there are important labour regulations regarding employment contracts and so professional advice will be needed. Please contact us for this if you are considering Finnish incorporation. We can also help you with general recruitment issues, if you are seeking to set up business in Finland.
What is the regulatory environment like for those considering Finland company registration?
Although the business environment in Finland is liberal and investor-friendly for those considering Finland company registration, 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 if you are seeking Finland incorporation. To learn more about our local team of legal and financial Finnish incorporation specialists, please contact us.
Finland Company Registration
To talk to a Finland formation specialist call us on +44 (0)208 421 7470, speak to us live on Live chat which you can see on the right hand side, or simply fill in your enquiry below and we'll get back to you.
