Finland Company Formation
Finland Company Formation. Your Gateway to Secure, Private, and Tax-Efficient Finnish Business Main Characteristics and the basic rules of Company registration in Finland
Finland offers a stable, transparent, and highly developed business environment in the European Union. With a robust legal system, competitive taxation, and access to the EU market, Finland is an ideal jurisdiction for company formation, holding structures, and international trade.
If you are a non-resident seeking a reliable European base, Finland company formation with BRIS Group ensures full compliance, efficiency, and expert guidance from start to finish.
Why Choose Finland for Company Formation?
Finland provides investor-friendly regulations, strong legal protections, and efficient corporate registration procedures. Its stable economy, high level of innovation, and access to EU markets make it attractive for startups, SMEs, and international investors.
🔍 Need expert guidance?
Our specialists help you select the most suitable company structure and ensure your Finnish company meets EU and local regulatory standards.
Key Highlights of Finland Company Formation
|
Aspect |
Details |
|
Legal Structure |
Private Limited Company (Oy) or Public Limited Company (Oyj) |
|
Tax Status |
Corporate tax 20% |
|
Ownership |
100% foreign ownership permitted |
|
Registration Authority |
Finnish Trade Register (PRH) |
|
Typical Formation Time |
5–15 business days |
|
Minimum Shareholder(s) |
One (individual or corporate) |
|
Minimum Director(s) |
One (resident or non-resident) |
|
Registered Office |
Mandatory Finnish address |
|
Confidentiality |
Shareholders and directors registered publicly; nominee services available |
Advantages of Finland Company Formation for Non-Residents
|
✅ Advantage |
💬 Description |
|
EU Market Access |
Operate freely across the European Union. |
|
Competitive Tax System |
Corporate tax 20%, with potential deductions and incentives. |
|
Full Foreign Ownership |
100% foreign ownership allowed in most sectors. |
|
Fast Incorporation |
Company registration completed in 5–15 business days. |
|
Strong Legal Protections |
Transparent and well-regulated corporate environment. |
|
Efficient Administration |
Easy online company registration and reporting systems. |
|
Access to Skilled Workforce |
Highly educated labor pool and innovative environment. |
Considerations Before Registering a Finnish Company
|
⚠️ Potential Challenge |
💬 Explanation |
|
Public Register |
Shareholders and directors’ data is publicly available; privacy can be enhanced via nominee services. |
|
Reporting Requirements |
Annual accounts must be filed with the Finnish Trade Register; audits may apply for larger companies. |
|
Banking Requirements |
Opening corporate accounts may require proof of business activities and enhanced due diligence. |
|
Compliance Standards |
Companies must comply with Finnish AML/KYC regulations and EU directives. |
Types of Companies for Non-Residents in Finland
- Private Limited Company (Oy)
Most common structure for SMEs. Suitable for trading, service provision, holding structures, and small-to-medium businesses.
- Public Limited Company (Oyj)
Designed for larger businesses or companies seeking to raise capital publicly. Requires higher share capital and stricter compliance.
- Branch of a Foreign Company
Allows foreign businesses to operate in Finland without creating a separate legal entity, primarily for trade or representative purposes.
Requirements for Finland Company Registration
To register a Finnish Oy or Oyj, you will need:
- Proposed Company Name: Must be unique and comply with Finnish regulations.
- Registered Office: Finnish physical address required.
- Director(s) and Shareholder(s): Minimum one of each (resident or non-resident).
- Identification Documents: Certified passport copies and proof of address.
- Share Capital: Minimum €2,500 for Oy; higher for Oyj.
- Description of Business Activities: General or specific business purpose.
- Articles of Association: Prepared during incorporation.
Step-by-Step Guide to Finland Company Formation
Step 1: Initial Consultation
We assess your goals and recommend the optimal structure for tax efficiency and compliance.
Step 2: Name Reservation
Your company name is checked and reserved with the Finnish Trade Register.
Step 3: Document Preparation
We draft Articles of Association and collect KYC documentation.
Step 4: Registration Filing
All documents are submitted to the Finnish Trade Register (PRH).
Step 5: Company Registration
Within 5–15 business days, your Finnish company is officially registered.
Step 6: Bank Account Opening
We assist in opening a local or international corporate bank account.
Step 7: Post-Incorporation Support
Ongoing compliance, reporting, and optional nominee services are managed by BRIS Group.
Timeframe for Finland Company Formation
|
Task |
Estimated Duration |
|
Company Name Approval |
1–2 days |
|
Incorporation & Certificate Issuance |
5–15 business days |
|
Bank Account Setup |
1–4 weeks (depending on bank) |
How BRIS Group Can Help You
BRIS Group specializes in Finland company formation for non-residents, delivering a seamless, compliant, and discreet setup experience.
Our Services Include:
✅ Corporate structure consultation
✅ Name registration and legal compliance
✅ Articles of Association preparation
✅ Registered Office & Agent services
✅ Nominee director/shareholder services (optional)
✅ Bank account opening assistance
✅ Tax and compliance guidance
✅ Annual renewal and reporting services
💬 Partner with BRIS Group to simplify your Finnish company formation. We handle all legal and administrative tasks while you focus on growing your business.
Why Choose BRIS Group for Finland Company Formation?
|
🌟 Our Strengths |
💬 Your Benefits |
|
Proven Expertise |
Years of experience in EU company formation. |
|
Fast Turnaround |
Quick incorporation and document delivery. |
|
Confidential Service |
Professional handling of sensitive data. |
|
EU-Compliant Solutions |
Legal structures compliant with Finnish and EU law. |
|
Ongoing Support |
Assistance with compliance, reporting, and annual renewals. |
Start Your Finnish Company Today
Finland offers EU access, legal transparency, and investor-friendly policies, making it an excellent base for international businesses.
📞 Contact BRIS Group today for a free consultation on Finland company formation.
Our experts will guide you from registration to ongoing compliance, ensuring your company operates smoothly and legally.
📧 Email: [email protected]
💬 Get a free consultation and start your Finland company formation with confidence.
Questions & Answers
1. What is Corporation Tax in Finland?
Corporation Tax in Finland is levied on the taxable profits of companies. As of 2023, the standard rate is 20%. Companies must file their tax returns within four months after the end of their financial year and can benefit from various tax deductions related to business expenses.
2. How are dividends taxed in Finland
Dividends distributed by Finnish companies to resident shareholders are generally taxed at a rate of 25.5% for the portion of dividends that exceeds €150,000. For non-residents, the tax rate varies based on tax treaties, typically ranging from 15% to 30%. It’s important to note that specific exemptions and reductions may apply.
3. What is the Income Tax structure in Finland?
Income Tax in Finland is progressive, meaning the rate increases with higher income levels. As of 2023, the municipal tax rate averages around 18.5%, while state tax rates range from 0% to 31.25%. Tax residency affects income tax obligations, with residents taxed on their worldwide income.
4. How is VAT applied in Finland?
Value Added Tax (VAT) in Finland is set at a standard rate of 24%. Reduced rates of 14% and 10% apply to certain goods and services, such as food and books. Businesses with annual revenue exceeding €15,000 must register for VAT and regularly report their transactions.
5. Are there other taxes to consider in Finland?
Yes, Finland imposes several other taxes, including wealth tax, inheritance tax, and capital gains tax. Wealth tax applies to individuals with net assets exceeding €50,000. Inheritance tax rates range from 7% to 33%, based on the value of the inheritance and the relationship to the deceased. Capital gains are generally taxed at 30%.
This FAQ addresses key tax elements in Finland to help you understand your obligations and plan accordingly. Always consult a tax professional for detailed advice tailored to your specific situation.
Learn more: Visit our
Full Company Formation FAQ page
or contact our tax and company formation team at[email protected]
What are the requirements for non-residents to start a company in Finland?
Non-residents looking to start a company in Finland must meet specific requirements, including having a registered office address in Finland. Additionally, it’s essential to appoint a local representative who can act on behalf of the company. Non-residents must also provide identification documents and a business plan outlining the intended operations. Compliance with Finnish laws and regulations is crucial, and it may be beneficial to consult with a local legal expert to navigate the process smoothly.
Can I register a company in Finland entirely online as a non-resident?
Yes, it is possible for non-residents to register a company in Finland online. The Finnish Patent and Registration Office (PRH) provides an online registration service that allows you to submit your application electronically. However, you will need to obtain an electronic identification (such as an eID) to complete the registration. Ensuring that you have all the necessary documentation ready will streamline the process.
What types of companies can non-residents establish in Finland?
Non-residents can establish various types of companies in Finland, with the most common being a limited liability company (Oy). Other options include sole proprietorships and partnerships. The choice of company type depends on factors like the nature of the business, the number of owners involved, and liability considerations. Each type comes with different requirements and implications for taxation and compliance.
How long does the company registration process take for non-residents?
The company registration process in Finland usually takes between 1 to 3 weeks for non-residents. However, this timeframe can vary based on the complexity of the application and the completeness of the submitted documentation. Delays may also occur if additional information is requested by the authorities. To expedite the process, it is advisable to ensure that all documents are prepared correctly and that any requirements are promptly addressed.
What are the tax obligations for a company owned by a non-resident in Finland?
Companies registered in Finland are subject to Finnish corporate tax laws, regardless of the owner’s residency status. Generally, the corporate tax rate is 20%. Non-resident owners must also be aware of any tax treaties between their home country and Finland, which can affect taxation on profits, dividends, and royalties. It’s essential to consult with a tax advisor familiar with Finnish law to ensure compliance and optimise tax liabilities.
Is it mandatory to have a local bank account for my Finnish company?
Yes, it is mandatory for companies registered in Finland to have a local bank account. This is essential for conducting business transactions, receiving payments, and adhering to Finnish financial regulations. Opening a bank account usually requires the presence of at least one founder in Finland, along with identification and company registration documents. Establishing a local account can also help build credibility with clients and suppliers in Finland.
Full Company Formation FAQ page
or contact our tax and company formation team at
This publication is provided for information purposes only. This info should not be treated as a substitute for a tax or legal consultation or legislation. You should not act on the basis of the information contained in this publication without having obtained individual advice from the professional expert.
BRIS GROUP does not assume responsibility for any damage resulting from decisions made by the reader on the basis of this publication.
About Finland
Country: Finland
Capital: Helsinki
Continent: Northern Europe
Language: Finnish, Swedish, Saami, Inari
Currency: EUR
Time Zones: GMT +2
Dial Code: +358
Abbreviations: FI
Helping Your Company Thrive in Finland With us, starting and running a business in Finland will be easy and efficient!
- Full support of the company’s registration in Finland: from the preparation of documents to their submission.
- Remote registration: all processes are online, wherever you are.
- Secretary and Treasurer: we can take on these important roles.
- Nominal directors and shareholders: we will ensure the confidentiality of your information.
- Help in opening a bank account: we will simplify this complex process.
- Registration for taxes, VAT and EORI: ensure all requirements are met.
- Website development: we will create a professional online representation for your business.
- Logo creation: we will design a unique and memorable logo for your brand.
- Full administrative support of the company: we will take over routine tasks.
- Mailing address organization: we provide a reliable mailing address for your business.
- Organization of the virtual office: we will ensure the professional image of your company.
- Telephone answering service: we will answer calls on behalf of your company.
- Accounting, audit and reporting: ensure accurate and timely accounting.
- Preparing and filing a VAT declaration: let’s save you the trouble.
- Interaction with local authorities: take over communication with state institutions.
- Trademark registration: protect your brand.
- More Emphasis on Customer Input.