RU | EN
News
Finland
Jurisdictions

Location

in Northern Europe, between Sweden and Russia

Area
337,030 sq. km.
Population
5,190,785
Capital
Helsinki
Language

Finnish and Swedish

Currency
EURO
Legal system

based on civil law

Type of company

Limited Liability Company

Minimum authorised share capital

EUR 8,000

Paid capital
100% of the share capital prior to incorporation
Minimum number of shareholders
1, individual or corporate, resident or not
Minimum number of directors
one director and one deputy director if the number of directors is less than three, half of the board must be resident in the EEA
Nominee services
available (upon additional agreement with the lawyer)
Bearer shares

not available

Public disclosure of beneficial owners
directors’ details are entered in the Trade Register; information on shareholders is kept confidential
Taxation

corporate income tax - 29%; VAT – 22%

Submit annual return and accounts

yes

Annual audit
required
Shelf companies

not available

Time to supply documents
4-6 weeks
Need to travel

no

Additional information
Hague Convention of 1961 applies; Double Taxation Treaty with Russia

 

Jurisdictions

Warning: MagpieRSS: Failed to parse RSS file. (xml declaration not at start of external entity at line 3, column 65) in /homepages/39/d160174394/htdocs/public_html/magpierss/rss_fetch.inc on line 238
FAQ
What is offshore?

The word "offshore" has no precise legal dictionary definition, it simply means "situated or operating in a foreign country or at some distance from the shore" and reflects the fact that most low tax jurisdictions are islands.

read more >>

Portfolio of Laws
- BVI - Trustee (Amendment) Act, 2003

- Cayman Islands - The Companies Law (CAP.22) - (2002 Revision)

- Cyprus - The Income Tax Law of 2002

more laws >>

Comparison Table >>
60 Cannon Street, London, EC4N 6NP,
tel.+44 207-002 1304, +44 207-002 1305, E-mail: gsl@gsl.co.uk
G.S.L. Law & Consulting