Export To Finland - Company Formation & Company Registration In Finland

Introduction to Incorporating in Finland

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.

Common Finish Company types

The two most popular forms of Finland incorporation are:

• public limited company - osakeyhtio Oyj
• private limited company - osakeyhtio Oy

Share capital required to establish a public limited company

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

Other requirements 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%

Share Capital required to establish a Private Limited Company

The minimum share capital for a private limited company is €2,500.

Other requirements 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%

Other types of Finnish Incorporation

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

Staff Recruitment in Finland

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.

Regulations regarding Finnish Company Incorporation

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.

More Information

Please contact us and we will be pleased to discuss your Finland company registration issues in greater detail and how we can help you to set up business in Finland.