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Company Formation in Finland
Set up your company in Finland, one of the most innovative economies in Europe, in 1 week.
Advantages of
Starting a Company in Finland
With its innovative infrastructure, digital conveniences and transparent system, Finland is an ideal starting point for entrepreneurs in Europe.
Innovative Ecosystem
Finland provides an excellent environment for innovative startups. It stands out with its R&D incentives and technology-oriented infrastructure.
Skilled Digital Workforce
In Finland, an educated and multilingual workforce is easily accessible. The talent pool is particularly strong in software and digital jobs.
Stable Business Environment
Thanks to the rule of law and low corruption rate, Finland provides a sustainable business environment.
Step-by-Step
Guide to Incorporating in Finland
Finland offers significant opportunities for those wishing to start a company in Europe with its digital infrastructure and business-friendly system. The process is also very accessible for foreigners.
What are the Company Types? Which One is Right for You?
The most preferred structure is the Oy (Osakeyhtiö), or joint stock company model. It can be established with one person and the minimum capital requirement has been abolished. There are also business partnership (Ay) and individual enterprise (Toiminimi) options.
What are the Tax Rates in Finland?
Corporate tax is 20%. VAT (ALV) liability starts when the annual turnover exceeds €15,000. It is also mandatory to submit an annual income statement and balance sheet. Tax reporting is done digitally.
What Documents are Needed to Establish a Company in Finland?
“Declaration of Incorporation” is mandatory for Oy (Private Limited Company) type and can be prepared online. “Articles of Association” stating the company’s field of activity and structure, must be submitted. A company address registered in Finland is also required, along with director details. The applicant must provide proof of identity, such as a passport or residence permit. Finally, although share capital is not mandatory for Voting type companies in Finland, an optional declaration of share capital can be made.
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Company Formation Process in Finland
The company formation process in Finland can be completed online. Apply with basic documents and the company is registered with the Trade Registry within a few days. Digital management is simplified thanks to an infrastructure in line with EU standards.
Managing a Company Remotely Has Never Been Easier!
Manage all your business operations remotely with Company formation in Finland. Your EU-compliant, legally valid digital company will be ready in just a few steps!
Frequently Asked Questions
You can find the most curious details about company formation in Finland here.
How long does the company setup process take?
All application and registration processes can be completed within 3-5 business days on average. Complete submission of documents speeds up the process.
Is there a capital requirement?
The most common structure is the “Oy” or Private Limited Company model. It can be established with a single founding partner and requires low capital.
Do I need to be physically present to set up a company in Finland?
No, all applications can be completed online. However, due to the legal address or representative requirement, a local collaborator may be needed.
Ready to Work Together?
Do you have questions about the company formation process in Finland? Contact us today for customized answers and clear guidance on the process.
