Start Up Requirements for Businesses in Finland

If you want to try the global market and expand your customer base, you can invest in Finland. One of the most suitable cities in the country, where you can setup your investment, is Helsinki. Before you can start the operations of your company, there are certain requirements that you have to meet.

First, you need to deposit a share capital in your business’ bank account. You can also put the amount in your foreign saving account. After this, you settle the registration fee and ask for a receipt. It will only take you a day to finish this since it is quite easy.

Next, you have to pass a startup notification document to the Tax Administration and the National Board of Patents and Registration or NBPR. You will be given five working days to three weeks to complete this. You need to prepare an amount as charge for this requirement.

Lastly, you have to file for accident, medical, and pension insurance for your employees. You can choose from several companies in Finland. The process normally takes a day.