Successful Case Study of Finland Company Setup

Successful Case Study of Finland Company Setup

Our clients, aiming to launch an e-commerce startup targeting the Nordic market with unique products, reached out to Tetra Consultants for assistance. Our experts guided them through the process to register their company in Finland. The country’s high internet penetration and tech-savvy population provide a strong customer base, while efficient logistics and infrastructure ensure smooth handling of online orders. Additionally, Finland offers a supportive environment for digital businesses with favorable regulations. With Tetra Consultants’ help, the startup successfully navigated the requirements to register company in Finland, positioning themselves to capitalize on the vibrant Nordic e-commerce market. 

Initially, our experts assisted the clients in selecting the most viable business structure, which was determined to be a Private Limited Company (Osakeyhtiö, Oy) in Finland. Following this, we proceeded with name reservation services and provided international trademark services to protect their brand name globally. With Tetra Consultants’ comprehensive support, the clients smoothly navigated the steps to register a company in Finland, ensuring their e-commerce startup was well-positioned for success in the Nordic market. 

Once we completed the name reservation, we proceeded with the legal drafting of necessary documents, including the memorandum and articles of association. Subsequently, we helped the clients adhere to all the requirements, which included having at least one board director and one deputy director without residency requirements, at least one shareholder without residency requirements, and a minimum share capital of €2,500. With our comprehensive support, the clients smoothly navigated the process to register their company in Finland. 

Further, we facilitated the obtainment of business licenses and trade permits for the clients. After securing these licenses, we registered the firm with the Trade Register, protected by the Finnish Patent and Registration Office (PRH), by providing the necessary documents. Additionally, we assisted the clients in registering the company with the Finnish Tax Administration and obtaining a VAT number. Through our comprehensive services, the clients successfully navigated the entire process to register a company in Finland, ensuring full compliance with all regulatory and legal requirements for their e-commerce startup. 

After successfully registering the company in Finland, we facilitated the bank account opening for the company. We assisted in setting up the account with Nordea Bank, completing the process within 4 weeks of incorporation. Our comprehensive support ensured the clients had a fully operational business foundation, ready to engage in the Nordic e-commerce market. 

In summary, Tetra Consultants successfully facilitated the registration of the e-commerce business in Finland within 4 weeks. Our comprehensive services included selecting the appropriate business structure, name reservation, international trademark protection, legal drafting, and adherence to all regulatory requirements. Additionally, we assisted with obtaining necessary business licenses and trade permits, registering the firm with the Trade Register and the Finnish Tax Administration, and securing a VAT number. Following incorporation, we facilitated the corporate bank account opening with Nordea Bank, completed within an additional 4 weeks. Overall, the entire process to set up a fully operational company took a total of 8 weeks, ensuring our clients were well-positioned to enter the Nordic market promptly and efficiently. 

Contact us to know more about how you can register company in Finland and our team will revert back in 24 hours.