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 Finland is the key target for international
investors because of its economic stability and
high tech industrial base.
 In Finland anyone can set up business
irrespective of their nationality but so long one
of the company’s founding members is resident
in the European Economic Area.
 In Finland, laws are very encouraging for the
investors who want to start a company.
PRIVATE LIMITED
COMPANIES
PUBLIC LIMITED
COMPANIES
o Established by at least
1 member.
o Minimum share
capital of 2,500 Euros.
o Shares not
transferrable to
public.
o Company managed
by at least one
manager.
o Founded by at least
one statutory person.
o Minimum share
capital of 80,000
Euros.
o Shares are
transferrable to the
public.
o Management board
must contain more
than 3 members.
Private Limited
Companies
At least one
board director
A deputy to the
director
Statutory
requirement for
audited
accounts
Flat corporate
tax rate of 26%
Public Limited
Companies
Minimum three
board directors
with chief
executive
To be listed in
the Helsinki
Stock Exchange
Statutory
requirement for
audited
accounts
Corporate tax
rate is 26%
Types of
Businesses
in Finland
Private
Person or
Private
Trader
General
Partnership
Limited
Partnership
Foreign
Companies
I. Private Person or Private Trader: It is the
smallest form of business in Finland. The
owner is not considered separate from their
business and is liable with his own assets for
the company’s debts. Specific taxes must be
paid and it is free to withhold profit.
II. General Partnership: It consists at least two
members called as general partners. Here,
there is no requirement of minimum share
capital and members are equally responsible
for the debts and liabilities, as they are for
profits.
III. Limited Partnership: It is formed by at least
two partners out of which one of them must be
the general partner who decides in the name of
the business and claims profits. The other has
no powers of decision and profits, but is liable
for the losses.
IV. Foreign Companies: Finnish Branch of a
Foreign Company is a part of a foreign society
operating in Finland. It is not considered as a
separate entity and the capital is provided by
the parent company. To perform research
activities, investors can also open a
representative office.
Firstly, in order to
open an account,
entity must
deliver the
following
documents to the
bank and receive
certificate in order
to prove that the
minimum share
capital was
deposited
Apply for registering your Company.
Application must be accompanied by the
following:
 The articles of association,
 The memorandum of association,
 Declaration confirming that the company has
been incorporated under the provisions of the
Finnish Limited Liability Companies Act,
 Certificate of the auditors confirming the
shares are respecting the provisions of the
Limited Liability Companies Act and other
relevant documents.
 The last step of the company incorporation in
Finland is the registration for the pension
insurance can be made at a pension provider
freely chooses by the entrepreneur.
Deliver The
Required
Documents To The
Bank
You Cannot Retrieve
The Amount Until
The Company Is Not
Registered
Apply For
Registration Of
Company
Application Must Be
Accompanied With
The Required
Objects
Registration For
Pension Insurance
Therefore, we can conclude that incorporation
in Finland is a simple and easy process that can
render you progress and success in your
business and also help you expand your
business to the European Countries and thus,
making you more successful.

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Company registration in finland

  • 1.
  • 2.  Finland is the key target for international investors because of its economic stability and high tech industrial base.  In Finland anyone can set up business irrespective of their nationality but so long one of the company’s founding members is resident in the European Economic Area.  In Finland, laws are very encouraging for the investors who want to start a company.
  • 3. PRIVATE LIMITED COMPANIES PUBLIC LIMITED COMPANIES o Established by at least 1 member. o Minimum share capital of 2,500 Euros. o Shares not transferrable to public. o Company managed by at least one manager. o Founded by at least one statutory person. o Minimum share capital of 80,000 Euros. o Shares are transferrable to the public. o Management board must contain more than 3 members.
  • 4. Private Limited Companies At least one board director A deputy to the director Statutory requirement for audited accounts Flat corporate tax rate of 26% Public Limited Companies Minimum three board directors with chief executive To be listed in the Helsinki Stock Exchange Statutory requirement for audited accounts Corporate tax rate is 26%
  • 5. Types of Businesses in Finland Private Person or Private Trader General Partnership Limited Partnership Foreign Companies
  • 6. I. Private Person or Private Trader: It is the smallest form of business in Finland. The owner is not considered separate from their business and is liable with his own assets for the company’s debts. Specific taxes must be paid and it is free to withhold profit. II. General Partnership: It consists at least two members called as general partners. Here, there is no requirement of minimum share capital and members are equally responsible for the debts and liabilities, as they are for profits.
  • 7. III. Limited Partnership: It is formed by at least two partners out of which one of them must be the general partner who decides in the name of the business and claims profits. The other has no powers of decision and profits, but is liable for the losses. IV. Foreign Companies: Finnish Branch of a Foreign Company is a part of a foreign society operating in Finland. It is not considered as a separate entity and the capital is provided by the parent company. To perform research activities, investors can also open a representative office.
  • 8. Firstly, in order to open an account, entity must deliver the following documents to the bank and receive certificate in order to prove that the minimum share capital was deposited
  • 9. Apply for registering your Company. Application must be accompanied by the following:  The articles of association,  The memorandum of association,  Declaration confirming that the company has been incorporated under the provisions of the Finnish Limited Liability Companies Act,  Certificate of the auditors confirming the shares are respecting the provisions of the Limited Liability Companies Act and other relevant documents.
  • 10.  The last step of the company incorporation in Finland is the registration for the pension insurance can be made at a pension provider freely chooses by the entrepreneur. Deliver The Required Documents To The Bank You Cannot Retrieve The Amount Until The Company Is Not Registered Apply For Registration Of Company Application Must Be Accompanied With The Required Objects Registration For Pension Insurance
  • 11. Therefore, we can conclude that incorporation in Finland is a simple and easy process that can render you progress and success in your business and also help you expand your business to the European Countries and thus, making you more successful.

Editor's Notes

  1. www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list yourself for chats with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb: 9971002715
  2. www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list yourself for chats with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb: 9971002715
  3. www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list yourself for chats with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb: 9971002715
  4. www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list yourself for chats with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb: 9971002715
  5. www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list yourself for chats with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb: 9971002715
  6. www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list yourself for chats with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb: 9971002715
  7. www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list yourself for chats with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb: 9971002715
  8. www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list yourself for chats with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb: 9971002715
  9. www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list yourself for chats with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb: 9971002715
  10. www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list yourself for chats with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb: 9971002715
  11. www.pnjhub.in we are aggregator platform where you can list yourself as professional and get leads, you can list yourself for chats with customers and also list empty office space. www.licensehub.in we are providing more than 150 license and approval services on one platform. Contact Paras Mittal, Mb: 9971002715