Limited liability companies and co-operatives: New fee for late submission – file your financial statements immediately

Limited liability companies and co-operatives must file financial statements for the financial period with the Finnish Trade Register within eight months of the end of each financial period. The Finnish Patent and Registration Office (PRH) has begun to impose a fee for the late submission of financial statements if limited liability companies, co-operatives or European companies do not submit their financial statements to the Finnish Trade Register on time.

Thousands of limited liability companies have not yet submitted their financial statements for the financial period ending 31 December 2024. These companies will receive a letter from the PRH in October, urging them to submit their late financial statements to the Trade Register.

Companies receiving the letter will have to pay a fee for the late submission of financial statements. The fee depends on the length of the delay. Therefore, it is advisable to submit the late financial statements to the Trade Register immediately.

The amount of the fee depends on the length of the delay

The fee imposed for the late submission of financial statements is:

• 150 euros when the financial statements are late by no more than 2 months
• 300 euros when the financial statements are late by 2–4 months
• 600 euros when the financial statements are late by more than 4 months or are not submitted at all.

The fee is doubled if the company is a public limited liability company or European company.

The PRH imposes a double fee if financial statements are not submitted for two or more consecutive financial periods.

What to do if you receive a letter about late financial statements

File the financial statements online immediately using our service at ytj.fi. Go to our instructions at prh.fi.

Limited liability companies and co-operatives must file financial statements even if their business is suspended. Go to the instructions for the financial statements of an inactive business at prh.fi.

If you attached your financial statements to your tax return, but the financial statements were not forwarded to the Trade Register, please contact the Tax Administration's customer service. Go to the Tax Administration’s contact details at vero.fi.Avautuu uuteen välilehteen 

As soon as the financial statements have been registered, a register extract will be sent to the company’s mailing address, as recorded in the Finnish Business Information System at ytj.fi.

Comprehensive financial statements also benefit companies

The fee for the late submission of financial statements applies to financial periods that ended on or after 1 December 2024.

The new fee is based on the Finnish Trade Register Act, which specifies the amount.

The aim is to have companies file their financial statements to the Trade Register on time. This ensures that the register contains up-to-date and comprehensive information for businesses and society.

Further information:

Filing financial statements late with the Finnish Trade Register

Trade Register Advisory Service
Tel. +358 29 509 5030, Mon–Fri 9.00–15.00