Company Formation Finland

Company formation - Finland

What are the different types of company that are available to be incorporated?	There are the following type of business 'seats': - Branch - Partnership - Limited company - Plc
What documents are required to incorporate these companies and what are the other registration requirements?	Trade register notice Articles of partnership, trade register notice Memorandum of association, articles of association, constitution meeting minutes, trade register notice
How long (approximately) does this process take from start to finish?	Approximately one to two months, for all types (simple ltd perhaps even faster)
What are the capital requirements (minimum amounts, types of capital, limits of shareholders liability)	Capital requirements for limited companies €2,500; for PLC €80,000. No requirements for branch or partnership
What is the minimum management requirements (e.g. types of office holder or nationality requirements, etc.)?	The branch must have an authorised representative who has residence in Finland Partnership: no special requirements (partners have full responsibility and they represent the company). Ltd company: at least one board member and deputy member, at least half of the board members and managing director (if chosen) must have residence in the European Economic Area (EEA) - some exemptions possible, unless an exemption is granted PLC: three board members and managing director is obligatory
Approximately, what is the local currency cost in relation to formation expenses and taxes?	€330 for Limited companies and branches and about €155 for a Partnership (These are the costs of the House of Companies) Ownership transfer tax for shares is 1,6% (no "formation" tax).
What publicity is required (e.g. filing of accounts, publication of other information)?	Limited companies and branches are required to file their accounts (to the House of Companies); partnerships only, if their size exceeds certain limits or the partnership is owned by a limited company.