Company registration in Finland

* Company registration in Finland

Estrafin Consulting OY will assist you with company registration or purchase of a ready-made firm in Finland.

We handle all organizational matters related to registering a company, provide professional consultations, and support you at every stage of establishing your business. This allows you to save time and resources and to organize your company’s operations efficiently and promptly.
Finland has been attracting entrepreneurs from various countries for many years with its stable economy, advantageous geographical location, and flexible tax legislation.
Doing business in Finland will enable you to optimize financial and tax schemes and operate within the developed European space.

Engaging in commercial activities in Finland will give you numerous advantages:

Business stability and security
Access to international markets
High investment attractiveness
Opportunity to open subsidiaries in other EU countries
Possibility to obtain residence permits

* Company registration will be carried out in several stages

You can personally come to Finland to sign all founding documents or delegate this task to our specialists. Your mandatory presence is only required when opening a bank account.

At the initial stage, we will advise on choosing the legal form of the enterprise.
You will need to provide the following information: details about the main activity of the company and additional areas, three proposed company names (you must provide three options for the registered organization), data of all founders, copies of their passports, their share of contributions to the authorized capital (for entrepreneur residence permits, a minimum of 30% of shares is required), a bank reference letter or proof of a personal account in an RF, CIS, or EC bank.

Based on this information, we will prepare the founding documents (charter, founding agreement, all necessary registration forms) and assemble the package of documents.

Register the company with the Finnish tax authorities and other relevant registers.
Complete the registration process until you receive the Registration Certificate.
All receipts and founding documents are sent to the registration authorities in Finland.
An essential condition is the presence of a resident-representative in Finland/EC on the board of the Finnish company. The resident will serve as a guarantor of responsibility to the Finnish state.
If needed, we can provide a Finnish resident for successful registration of your company. The resident can be a board member and does not have to be a shareholder or CEO.
The minimum authorized capital for a limited liability company (OY) is 2,500 euros.

* Legal forms of doing business in Finland:

The choice of the legal form for your company is influenced by the following factors:

Number of founders,
Requirement to contribute share capital,
Distribution of responsibilities and decision-making rights,
Financing and taxation considerations,
Type of business activity — the business idea,
Need for obtaining residence permits.

In Finland, there are five main legal forms of businesses:

Yksityinen elinkeinonharjoittaja (Tmi) eli toiminimi

The choice of the legal form for your company is influenced by the following factors:

Number of founders,
Requirement to contribute share capital,
Distribution of responsibilities and decision-making rights,
Financing and taxation considerations,
Type of business activity — the business idea,
Need for obtaining residence permits.

Avoin yhtiö

A general partnership is a union of two or more individuals through a joint agreement to form a partnership (yhteissopimus). Participants have equal rights in all matters concerning the partnership and are jointly liable for its decisions, obligations, and debts.

Kommandiittiyhtiö (KY)

A limited partnership or mixed partnership is where each partner has personal liability as outlined in the main partnership agreement. The actions of one partner are inseparable from those of all other partners in the business, and creditors have legal rights to both the business capital and the private property of the partners.
It differs from a general partnership in that, along with one or more responsible participants, there is at least one partner without voting rights.

Osakeyhtiö (OY)

A limited liability company (Oy) requires at least one individual or legal entity to establish, along with share capital (currently a minimum of 2,500 euros), which is divided into shares. Voting rights, profit entitlement, and liability are proportional to the number of shares owned by each participant.
This is the primary form of ownership chosen for business immigration or when starting a business, which requires capital investments. In case of bankruptcy, owners are only liable for the company’s debts up to the amount of the authorized capital.

Osuuskunta

A cooperative is a legal entity that operates to support the economic and financial activities of its members. A cooperative can be established by at least three individuals or legal entities, each having one vote at the members’ meeting. Members’ liability is limited to their contributed capital.

Rekisteröidyt yhdistykset (Ry)

A society/public organization is a group of three or more people united by a common goal for ongoing work. Members can be individuals, legal entities, private enterprises, funds, or municipalities. Societies can be both registered and unregistered.

A registered society can enter into contracts, open bank accounts, sign lease agreements, and organize events on behalf of the society.

The most common legal form of entrepreneurial activity in Finland is the limited liability company (in Finnish, abbreviated as OY).
A registered company allows you to purchase a ready-made business, such as a restaurant or a shop. The profitability of such a business depends on many factors, including its location and turnover.
To support your commercial activities, we also offer accounting services and tax consulting.