Entrepreneurs from abroad who want to start a company in Finland can benefit from our personalized services. This article outlines the key steps for setting up a business in Finland, as well as the main services we offer our customers.
| Quick Facts | |
|---|---|
| Company formation services we provide in Finland | – company incorporation services, – assistance with the local authorities, – tax registration, – support in getting a business license, – assistance in drafting company documents, etc. |
| Is 100% foreign ownership allowed in Finland? | Yes |
| Company registration authority in Finland | Finnish Patent and Registration Office (PRH) |
| Types of companies available in Finland | – private & public limited liability company, – joint stock company, – general & limited partnership, – sole proprietorship, etc. |
| What is the most popular business structure in Finland? | The limited liability company or OY in Finland |
| Minimum shareholders for an OY in Finland | At least one |
| Required minimum share capital for an OY in Finland | Not imposed |
| Solicited documents for company formation in Finland | – Articles of Association & Memorandum of Association in a notarized form, – valid IDs/Passport, – proof of registered business address and paid administrative fees, etc. |
| Do you assist in opening a bank account in Finland? | Yes, for corporate use |
| Are ready-made companies available in Finland? | Yes, these are shelf or vintage companies. We can out you in contact with local providers. |
| Do you offer virtual office packages in Finland? | Sure, on request and at affordable prices. |
| Do you offer a registered business address in Finland? | Yes, when starting the registration process of a firm in Finland. |
| Time frame to incorporate a company in Finland | About 3 weeks |
| Main taxes in Finland | – 20% CIT, – 25.5% VAT, – 20%-30% WHT |
| We also offer extra services through our firm in Finland | – accounting services, – VAT registration services, – trademark registration, – trust creation services, etc. |
Are there any restrictions on foreigners doing business in Finland?
No! Any foreign entrepreneur can start a business in Finland regardless of their nationality/country of origin.
What types of company formation services are available in Finland?
- company registration,
- support in opening a bank account in Finland,
- VAT registration support,
- documents preparation,
- company administration/management,
- assistance in obtaining a Finnish business license, and many more.
What are the fees for opening a company in Finland?
Around EUR 3,850 for fully remote company formation in Finland.
NOTE: This price is for opening a limited liability company in Finland that also covers the government registration fee. The fee for a compliance check for up to 2 company shareholders is around EUR 390. Around EUR 2,200 is the annual fee for a registered address in Finland.
What types of companies or entities are available in Finland?
- Limited liability company,
- Joint stock company,
- General and limited partnership,
- Sole proprietorship,
- Cooperative,
- Branch, subsidiary, etc.
What is the most popular business structure in Finland?
The limited liability company or Osakeyhtiö – Oy in Finland. You can read more aboutthis structure here.
What is the minimum share capital for an OY in Finland?
Not imposed.
Can other entities set up companies in Finland?
Yes, foreign company owners can set up subsidiaries in Finland. Read more about it here.
What are the conditions to form an OY in Finland?
- at least one shareholder is needed,
- must ensure a registered business address in Finland,
- must prepare documentation,
- must appoint at least one director,
- tax registration is mandatory in Finland,
- must open a bank account in Finland, etc.
What documents are requested for an OY in Finland?
- Articles & Memorandum of Association,
- Copies of the shareholders’ ID/passport,
- Certificate of registered office/registered business address,
- Certificate of shareholders,
- Register of Directors signed by the company secretary
- Share certificate,
- first resolution, etc.
IMPORTANT: Our Finnish agents can manage all the paperwork on behalf of clients and can represent them through a power of attorney.
Can I receive assistance with opening a Finnish corporate bank account?
Yes, we offer this service too.
Can I solicit a virtual office package from your firm in Finland?
Absolutely. We provide information here.
Are shelf companies available in Finland?
Yes, ready-made companies are available in Finland. Read here about them.
Can I be assisted in opening a liaison office in Finland?
Yes, please read the information here.
What is the time frame to open a company in Finland?
Around 2 months for a limited liability company in Finland.
What other services do you offer in Finland?
- Trademark registration services,
- Legal advice,
- Immigration related services, etc.
Would you like extra details about the company formation services in Finland? We suggest that you contact us today and explore the options and offers.