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New businesses

For more information on different company forms and establishing a business in Finland, see also the web sites Invest in Finland and EnterpriseFinland.

Duty to notify

Today, most businesses must be registered at the Trade Register. A Start-Up Notification must be submitted for a new business, containing basic information on the business and the trade it carries on.

Following businesses are invariably obliged to file a Start-Up Notification:

  1. A private trader who

However, persons engaged in agriculture or fishing are not under obligation to file a notification.

2. General partnerships and limited partnerships

3. Limited companies

4. Housing companies (The Start-Up Notifications of housing companies are handled at the Local Register Offices.)

5. Co-operatives

6. Mutual insurance companies

7. Savings banks

8. Mortgage associations

9. Insurance associations

10. Public businesses

11. Tenant-owners' societies

12. Non-profit organizations and foundations that, for the purpose of carrying on a trade, have a permanent place of business or employ at least one person.

13. Foreign traders who establish a branch in Finland.

14. European economic interest groups and interest groups registered elsewhere that establish a place of business in Finland.

15. Societas Europaea

16. European Cooperative Societies

A Start-Up Notification can be submitted even by a business not obliged to do so. For example, an enterprise mortgage used as a security for a loan can only be registered on the property of a registered business enterprise. Registration is the most efficient way of protecting the trade of a business enterprise.

The Start-Up Notification must be filed before start of operation.

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