Finland Flag

Country: Finland
Region: Europe
Currency: Euro (EUR) (€)
Languages: Finnish
Time Zone: UTC +2

Phone Code: +358

Communications: OK

Formation Cost: 4500 - 5900 USD$
Formation Time: 10 - 14 days
Maintenance cost: 2700 - 3500 USD$

Executive Summary: Finland is located in northern Europe between Sweden and Russia and the country borders the Baltic Sea, the Gulf of Bothnia and the Gulf of Finland. With a land area of just over 300,000 sq km, the population is approximately 5.2m. The official languages are Finnish and Swedish, although the latter is spoken by only about 5% of the population. Finland has a highly industrialized, largely free-market economy with exports accounting for over one-third of GDP. Finland is historically competitive in manufacturing, principally the wood, metals, engineering, telecommunications, and electronics industries and the country excels in export of technology for mobile phones as well as promotion of start-ups in the ICT, gaming, cleantech, and biotechnology sectors. Finland had been one of the best performing economies within the EU in recent years and its banks and financial markets avoided the worst of global financial crisis. However, the world slowdown hit exports and domestic demand. Some parts of Finland are eligible for EU-financed incentives.

Suitable for: Wealth Management, Banking, Fund Management, Shipping
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Company Purpose Stats:

Wealth Management:


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Vehicle Types: Limited liability companies, public limited companies, sole proprietorships, general partnerships and limited partnerships

Capital primary business districts: Helsinki

Good Relationships: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom

Bad Relationships: Burma, Egypt, Iran, Korea (Democratic People's Republic of), Libya, Somalia, Sudan, Syria

Tax Burden - Business: Light

Tax Burden - Individual: Moderate

Headline tax rates: CIT 20%, PIT 6.5%-31.75%, VAT 24%

Treaty Jurisdictions: Argentina, Armenia, Australia, Austria, Azerbaijan, Barbados, Belarus, Belgium, Bosnia and Herzegovina, Brazil, Bulgaria, Canada, China, Croatia, Cyprus, Czech Republic, Denmark, Egypt, Estonia, Faroe Islands, France, Georgia, Germany, Greece, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Japan, Kazakhstan, Korea, Republic of, Kyrgyzstan, Latvia, Lithuania, Luxembourg, Macedonia, Malaysia, Malta, Mexico, Moldova, Montenegro, Morocco, Netherlands, New Zealand, Norway, Pakistan, Philippines, Poland, Portugal, Romania, Russia, Serbia, Singapore, Slovakia, Slovenia, South Africa, Spain, Sri Lanka, Sweden, Switzerland, Tajikistan, Tanzania, Thailand, Turkey, Ukraine, United Arab Emirates, United Kingdom, United States, Uruguay, Uzbekistan, Vietnam, Zambia

TIEA Jurisdictions: Andorra, Anguilla, Antigua and Barbuda, Aruba, Bahamas, Bahrain, Belize, Bermuda, Botswana, British Virgin Islands, Brunei, Cayman Islands, Cook Islands, Costa Rica, Curacao, Denmark, Dominica, Gibraltar, Grenada, Guatemala, Guernsey, Isle of Man, Jamaica, Jersey, Liberia, Liechtenstein, Macau, Marshall Islands, Mauritius, Monaco, Montserrat, Niue, Norway, Panama, Qatar, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, San Marino, Seychelles, Turks and Caicos Islands, Vanuatu

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