Establishing a Business in Finland

Planning to start a business?

Are you wondering what would be the best company form for your specific operation? Perhaps a sole proprietorship or a limited company? In our blog we talk about the differences between a shareholder and a sole proprietor and when to establish a limited company instead of a proprietorship in Finnish. Stay tuned for the upcoming English articles to come!

Did you know that light entrepreneurs might not be entrepreneurs at all according to legislation?

Launching a business is often stressful and comprises of several different stages. Even though plenty of information is available, the feeling of not knowing where to start is common. When professional support in legal and financial matters is available from the start, many common pitfalls can be avoided.

The BOWA Legal Approach

At BOWA Legal, we understand that your primary focus is on your business. Our mission is to provide legal support that enhances your business activities rather than hinders them. Here’s how we can assist you:

Comprehensive Legal Consultation

Our team will explain the various business structures available in Finland and help you decide on the best option for your needs, typically a limited liability company for most entrepreneurs.

Name Registration

We assist in checking the availability of your desired company name and registering it with the Finnish Patent and Registration Office.

Drafting and Reviewing Documents

We draft and review essential documents such as the articles of association, which outline the company’s structure and operations, ensuring they comply with Finnish law.

Registration and Compliance

Our team handles the registration of your company with the Finnish Trade Register, taking care of all the necessary paperwork and ensuring compliance with local regulations.

Board of Directors Appointment

We assist in the legal appointment of your board of directors, ensuring all legal requirements are met.

Taxation and Financial Planning

Our experts provide advice on the Finnish tax system, helping you understand your tax obligations and planning for financial success.

Ongoing Legal Support

Beyond the establishment phase, we offer continuous legal support to help you navigate any challenges that arise, including dispute resolution, contract negotiations, employment law matters, and more.

Why Establish a Limited Liability Company in Finland?

A limited liability company (LLC) is a popular choice for entrepreneurs and businesses due to its flexibility and the limited liability it offers its shareholders. In Finland, establishing an LLC involves several steps, including registering the company name, drafting articles of association, appointing a board of directors, and registering with the Finnish Trade Register. While this process is straightforward, it can be time-consuming and complex without the right legal expertise.

ESTABLISHING A COMPANY WITH BOWA ASSISTANCE -BUNDLE

Looking for an ordinary limited company without fancy frills? Even if you know how the Finnish Patent and Registration Office online service works, documents composed by a lawyer are always guaranteed to be flawless.

If you want a proper articles of association or share capital, you can’t establish a limited company digitally. Do you have better things to do than to fill out a traditional establishment form on paper?

BOWA Assistance -paketissa laadimme puolestasi kaikki yrityksen perustamiseen tarvittavat asiakirjat. Paketti sisältää tavanomaisen yhtiöjärjestyksen ja yksinkertaisen osakassopimuksen. Asiakirjat laaditaan BOWA Works -palveluamme apuna käyttäen ja allekirjoitetaan sähköisesti.

This bundle includes

• Research into your business idea and determinants (30 min)
• The Establishing a business document bundle (Instrument of incorporation and start-up notification)
• Necessary minutes to open a bank account
• E-Signatures for documents
• An articles of association
• A basic shareholders’ agreement
• A 30-minute post-assessment

Available for 849 € + VAT

Contact us and inquire further!

ESTABLISHING A COMPANY WITH BOWA HANDS OFF -BUNDLE

Are you about to start a business? Do you already know how to run a business and that you can save big later when you commission a lawyer to create your articles of association and shareholders’ agreement?

The BOWA Hands Off bundle is designed to literally leave everything essential in the hands of the lawyer. After the initial negotiation we take care of establishing the company for you and you can focus on refining your business idea further. Your time isn’t wasted on filling out paper forms or fiddling with different contract templates, as we take care of you with customised documents matching your needs precisely.

After establishing your company, you can decide whether to remain as our client as a user of the independent BOWA Works service or with the assistance of our lawyer monthly through a dedicated monthly bundle.

This bundle includes

• Research into your business idea and determinants (2 hours)
• The Establishing a business document bundle (Instrument of incorporation and start-up notification)
• Necessary minutes to open a bank account
• E-Signatures for documents
• A customised articles of association
• A comprehensive shareholders’ agreement
• A 60-minute post-assessment

Available for 2 499 € + VAT

Contact us and inquire further!

ESTABLISHING A BUSINESS WITH BOWA AUTOPILOT -BUNDLE

BOWA will take care of all paperwork related to establishing a company. We will create a fully customised articles of association and shareholders’ agreement answering to your exact wishes and demands. After our initial negotiation you will not need to worry about anything, and BOWA Autopilot will do everything for you.

After launching the company, we recommend to continue co-operation with an included BOWA On Call bundle for two months, so that you get continuous support during the first crucial months related to financial and legal matters, and you can focus on the core business yourself.

This bundle includes

• Research into your business idea and determinants (2 hours)
• Integration into BOWA Works (online contract builder and contract library)
• The Establishing a business document bundle (Instrument of incorporation and start-up notification)
• Necessary minutes to open a bank account
• E-Signatures for documents
• A customised articles of association
• A comprehensive shareholders’ agreement (including e.g., several share classes)
• A 60-minute post-assessment

Available for 2 900 € + VAT

Contact us and inquire further!

BOWA On call – Our Monthly bundle

The BOWA On Call bundle is designed for small and medium size enterprises that want to comprehensively utilise monthly professional assistance in both financial and legal matters! You will reach us easily and flexibly in whatever matter, whenever!

This bundle includes

• 2 hours of professional service on an as-needed basis
• Extra hours for 200 € / h + VAT (norm. 250 € / h + VAT)
• Unlimited Slack and Whatsapp support based on reasonable use
• The fringe benefit of personal legal matters at discounted prices
• The bundle does not include
• Matters relating to litigation or arbitration
• Government fees and other expenses
• Travel fees

Available for 400 € / month + VAT

Contact us and inquire further!

THE FINE PRINT

Our bundles do not include

• Matters related to litigation or arbitration or to any sort of dispute resolution
• official fees and other expences
• travel fees