The details on beneficial owners (owners of companies) are registered in the Finnish Trade Register by 1 July 2020

Most companies must file a notification of their actual beneficial owners with the Finnish Trade Register. For example, limited liability companies and co-operatives must file a notification.

Filing the details of beneficial owners is free of charge.

The Act on Money Laundering defines beneficial owner as a person who either owns a company or otherwise exercises control over the company. In most cases, a beneficial owner is the owner of the company.

Unlike other details entered in the Finnish Trade Register, the details on beneficial owners are not public. However, the information about the registration of notifications of beneficial owners is public. Read more in the privacy statement for beneficial owner details.

File the notification by 1 July 2020, and after that whenever the details on beneficial owners change or when you set up a new company.


Please note: The company must file a notification even if the company has no beneficial owners defined in the Act on Money Laundering or the company does not know them.


See also the following:


File your notification online in Finnish or in Swedish.


Where can I see if the details on the beneficial owners of my company have been registered?

In the Published entries search in our Virre Information Service, you can run a search by the Business ID to see if there is a notification of beneficial owners registered for your company.

In the results of the Published entries search, you can see the registration of a notification of beneficial owners indicated by “Beneficial owners" in the Registered matter column. Go to the Published entries search in the Virre Information Service.


Why are beneficial owner details registered?

The Finnish Act on Preventing Money Laundering and Terrorist Financing (Laki rahanpesun ja terrorismin rahoittamisen estämisestä 444/2017) and the underlying EU directives on money laundering require that companies and organisations

  • identify their actual beneficial owners;
  • file the beneficial owners’ details for registration; and
  • keep the details up to date.

The objective of the Act on Money Laundering is to prevent money laundering and terrorist financing, to help revealing and detecting such activities, and to enhance the tracking down and recovery of criminal benefit. Actual beneficial owner is defined in chapter 1, sections 5–7 of the Act.

See the legislation for more information

Actual beneficial owner is defined in chapter 1, sections 5–7 of the Finnish Act on Money Laundering.

Provisions on registering the actual beneficial owners of companies are laid down in the Finnish Trade Register Act.

Provisions on registering the executive committee members of associations are laid down in the Finnish Associations Act.

Provisions on registering the members of the committee of directors in religious communities are laid down in the Finnish Freedom of Religion Act.

Provisions on registering the members of the board of trustees and the supervisory board in foundations are laid down in the Finnish Foundations Act.

Read more in the reference database of Finnish legislation Finlex in Finnish or in Swedish.

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Latest update 07.04.2020