Company Formation in Finland

Anyone who has ever established a business know that company formation process can be complicated and time consuming. Here are Shelfcompanies24.com we know how to incorporate companies in Finland and can do this for you. We will help you draw up the necessary documents and register the entity with the local authorities. Thanks to our professional expertise, the entire procedure will be as pain-free as you can only imagine. We assist in establishing different business structures, including private limited liability companies.

One figure cost

No hidden fees. You provide a single payment that covers all expenses, we take care of the rest.

One stop shop

Company formation plus virtual office plus banking plus professional business advice.

Speed and superb customer service

Hundreds of satisfied customers can attest to our professionalism.

Remote procedure available

You do not have to travel if you don’t want to. The process can be carried out remotely.

Burden is ours

We take care of all the formalities and prepare all documents necessary to start a business.

Do you wish to start the procedure?

Just drop us an email or give us a call and we will send you short list of information that we need. After you provide it to us you can come anytime to proceed with the formalities.

Company Formation Process in Finland

Establishing a new company in Finland is a structured process that typically takes 3-5 business days. ShelfCompanies24 handles the entire formation process on your behalf, from preparing the articles of association to registering with all relevant authorities.

Available Company Types in Finland

The following legal structures are available for company formation in Finland:

Company Type Description
Oy (LLC), Oyj (PLC), Ky (Limited Partnership), Ay (General Partnership)

The minimum share capital requirement is No minimum for Oy (since 2019).

Step-by-Step Formation Process

  1. Choose your company structure — Select the appropriate legal form based on your business needs, number of shareholders, and capital requirements.
  2. Prepare documentation — Our team prepares the articles of association, shareholder agreements, and all necessary corporate documents.
  3. Company name verification — We verify the availability of your chosen company name with the Finnish commercial registry.
  4. Capital deposit — Deposit the required share capital (No minimum for Oy (since 2019)) in a designated bank account.
  5. Notarization and registration — Documents are notarized (where required) and submitted to the commercial registry.
  6. Tax registration — Register the company for corporate tax (at a rate of 20%) and VAT (25.5% (increased from 24% in 2025)).
  7. Bank account opening — Open corporate bank accounts with Finnish banks for business operations.

Required Documents

  • Valid passport copies of all shareholders and directors
  • Proof of residential address (utility bill or bank statement, not older than 3 months)
  • Description of planned business activities
  • Proof of source of funds (where applicable)
  • References from existing banks or professional advisors

Tax Environment in Finland

Companies formed in Finland are subject to a corporate tax rate of 20%. The standard VAT rate is 25.5% (increased from 24% in 2025). The currency is EUR (Euro).

Timeline and Costs

Standard company formation in Finland takes approximately 3-5 business days. For exact pricing tailored to your specific requirements, please contact our consultants.

Related Services in Finland

Frequently Asked Questions

How long does it take to register a company in Finland?

Company registration in Finland typically takes 3-5 business days. ShelfCompanies24 handles the entire process on your behalf.

What documents do I need to form a company in Finland?

You will need valid passport copies, proof of address, description of business activities, and proof of source of funds. Our team guides you through all documentation requirements.

Can a foreigner set up a company in Finland?

Yes, foreign nationals can establish companies in Finland. There are generally no restrictions on foreign ownership of Finnish companies.

What is the minimum capital to start a company in Finland?

The minimum capital requirement in Finland is No minimum for Oy (since 2019). Our consultants can advise on the optimal capital structure for your business.