Shelf company in Finland, also known as a ready-made or a dormant company, can offer several advantages and may be suitable for certain business situations. So, if you are interested in getting a shelf company in Finland, please consult with our agents. Our company formation agents in Finland can offer you detailed guidance in this regard.
Procedure to purchase a shelf company in Finland
To purchase a shelf company in Finland, you can follow these general steps:
- Find a reputable company that sells shelf companies in Finland. You can get information related to this from our company formation agents who have experience in Finnish company law;
- Choose a shelf company that meets your needs. Consider factors such as the company’s history, size, industry, and potential liabilities. You should also check the company’s registration status with the Finnish Trade Register to ensure that it is in good standing. Our company formation consultants can perform this due diligence on your behalf;
- Negotiate the price and terms of the purchase with the seller. The price of a shelf company can vary depending on factors such as the age of the company, its financial history, and the current market conditions;
- Sign a purchase agreement. This agreement should outline the terms of the sale, including the purchase price, the transfer of ownership, and any other relevant details;
- Register the change of ownership with the Finnish Trade Register. You will need to provide documentation such as the purchase agreement and proof of payment. The Trade Register will update the company’s records to reflect the new ownership;
- Update the company’s information with relevant authorities. You will need to inform the Finnish Tax Administration, as well as any other government agencies or regulatory bodies that the company is registered with, of the change of ownership.
It is important to note that purchasing a shelf company in Finland may come with some risks and potential liabilities. You should always conduct thorough due diligence and seek professional advice before making a purchase. Our company incorporation consultants in Finland can offer you comprehensive assistance in this matter and they can also help you open a company in Finland if you don’t want to buy one. With their services, you can get a shelf company in Finland without much hassle.
Finnish shelf company for non-EU/EEA citizens
Non-EU/EEA citizens can purchase a shelf company in Finland. However, there are some restrictions and requirements that must be met. Non-EU/EEA citizens who want to buy a shelf company in Finland must first obtain a Finnish business ID. This can be done by applying to the Finnish Trade Register. The application must include information such as the name and address of the company, the names of the shareholders, and the type of business activities the company will engage in.
In addition, non-EU/EEA citizens who want to purchase a shelf company in Finland must have a legal representative who is a resident of the European Economic Area (EEA) or Switzerland. This representative can be an individual or a company. Non-EU/EEA citizens who plan to operate the shelf company from outside of Finland must also appoint a Finnish-based representative to act as a liaison between the company and the Finnish authorities.
You should know that purchasing a shelf company in Finland does not automatically grant the right to reside or work in the country. Non-EU/EEA citizens who wish to work and live in Finland must obtain the appropriate visas and permits. So, it is recommended to consult with a qualified legal or accounting professional to ensure compliance with all relevant laws and regulations when purchasing a shelf company in Finland. You can get practical assistance from company incorporation agents in Finland.
Furthermore, if you are interested in any other business structures, you can rely on our agents. For instance, our agents can guide you in detail about incorporating a branch office in Finland.
Foreign direct investments (FDI) in Finland
If you are planning to purchase a shelf company in Finland and start a business in this country, you would be interested in acquiring some information for investments there. For instance, you can have a look at country’s FDI:
- In 2021, FDI inflows in Finland were almost USD 9.4 billion;
- In 2020, the Finnish FDI inflow was USD 2.6 billion.
If you are interested in purchasing a shelf company in Finland, our agents can offer you detailed guidance in this regard. Contact our Finnish company incorporation consultants for more details about our services.
Besides a shelf company in Finland, if you are planning to acquire a virtual office, our company formation specialists can guide you about different available packages.