Local business incentives
| Foreign investors can benefit from financing aids such as long-term low-interest loans. The investment promotion agency provides many information on this matter.
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Legal forms of companies
| Form |
Number of partners/shareholders |
Minimum and/or maximum capital |
Liability |
Registration fee |
Release of financial documents |
|
The Sole Proprietorship is single partner company.
|
1 partner.
|
No minimum capital.
|
Undefined
|
118 €
|
No
|
|
Avoin yhtis? (ay) is a General Partnership.
|
Minimum 2 partners.
|
No minimum capital.
|
General Partner is personally liable and without limitation for the company's debts and obligations .
|
177 €
|
No
|
|
Kommandiitti yhti? (ak) is a Limited Partnership.
|
Minimum 2 partners.
|
No minimum capital.
|
At least 1 of the members is liable for the debts and obligations of the company. Liability of the other partners is limited to the amount contributed.
|
177 €
|
No
|
|
Osake yhti? (oy) is a Private Limited Company.
|
Minimum 1 person
|
8,000€
|
Liability is limited to the amount contributed.
|
311 €
|
No
|
|
Julkinenosake yhti? (oyj) is a Public Limited Company
|
Minimum 1 person
|
80,000 €
|
Liability is limited to the amount contributed.
|
311 €
|
Yes
|
Registration and licensing procedures
When drawing up status, a prior checking is required to confirm that the company's corporate name is available. The founders prepare the articles of incorporation which must be dated, signed and should contain a status proposition for the company.
As far as the registration is concerned, a request, made in 2 copies, in Finnish and Swedish, must be sent to the Trade Register, within the 6 months following the signature of the status. A bank certificate should be included, stipulating that the capital mentioned in the status, has been deposited in a bank account.
The company is issued its legal entity after registration.
|
|
Foreign exchange control
Free conversion of currencies and free repatriation of profits and capitals.
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Regulations concerning equity investment
Foreign companies can acquire Finnish companies, except in limited cases.
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FDI inflows in Finland
| FDI inflows (millions US$) |
2000 |
2001 |
2002 |
World rank |
| Foreign Direct Investments (F.D.I.) |
7919
|
3296
|
4648
|
25
/ 196 |
| Sources : UNCTAD Database FDI/TNC |
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Last modified in
December 2003
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