Finland is located in the northeastern part of the Scandinavian Peninsula, bordering Sweden, Norway and Russia. It is considered a kind of bridge between Europe and Russia, which is very rich in natural resources - and makes good use of its advantageous location.
The company in this country has great opportunities in the service sector, which accounts for the main investments of foreign capital (up to 46%), as well as in trade (33%) and industry (16.5%).
A foreign company of the following type can be registered in Finland:
- self-employed
- limited and unlimited partnership
- public and private limited liability company
- cooperatives
- branches and divisions of foreign companies
The most common form of business in Finland is a joint stock company (abbreviated in Finnish as "Oy").
Foreign investors prefer to register a limited liability company. Registration of a company provides for the registration procedure with the National Council of Patents.
In terms of its legal status, "Oh" is similar to a closed joint stock company in Russia. Individuals and / or legal entities, including foreign ones, can be the founders of Oy. Unlike in Russia, the opening of "Oy" does not require writing multi-page charters. As a rule, everything boils down to filling out standard questionnaires. The minimum authorized capital of the company is 2500 EUR.
