![]() a declaration by the managing director and the board of directors confirming that the Limited Liability Companies Act was followed during the setting up of the company.original Memorandum of Association for the LLC, executed by the shareholders.a copy of the Articles of Association (AOA).Please find below the list of documents that you are required to submit for opening an LLC in Finland: Documents required to open an LLC in Finland This act governs all the concerns regarding the Limited Liability Companies in Finland, in matters such as: the company operations and the applications of this, incorporation of a limited liability company, shares, administration and financial statements(the general meeting, management and representation of the company, audit and special audit, equity, financial statements, annual report and group),finance(share issue, increase of the share capital, capital loan),distribution of the company assets, changes in company structure and the dissolution of the company, sanctions and remedies. It applies to the public and private companies as well. The act that governs all the Finnish organization and function of all types of limited liability companies is the Companies Act, also known as osakeyhtiölaki (first posted in 1978 and reformed in its entirety in September 2006). Consult with our company formation consultants for their available services. Or you can directly get incorporation services from our agents if you want to start a company in Finland. With the help of our agents, you will be able to file the correct documents before the expiry of the filing date. Within three months after signing the Memorandum, the company must be enrolled in the Trade Register otherwise, the setting up of the company expires. For more information about time limitations, you can get guidance from our agents. ![]() These are all included in the Articles of Association (AOA). information regarding the Management Board Īlso next to the Memorandum of Association the entrepreneur must enclose:.To establish an Oy in Finland, a Memorandum of Association (MOA) must be developed and signed. An LLC should be audited if it fulfills at least two out of these three requirements: has three employees, annual turnover is €200,000 and assets are over €100,000. There is a minimum share capital of 2,500 euros (cash or property) that has to be deposited into a bank before the company registration. In Finland, setting up a limited liability company is covered by the Companies Act, fully reformed in 2006. ![]() Any LLC must finish its firm name with either the letters “Oy” or “LLC.” Our company incorporation agents in Finland can help you choose an appropriate name as per required by the rules. To assist applicants in choosing a distinctive company name, the government maintains a website listing all registered company and corporation names. The name chosen by the LLC must not be already in use by another Finnish legal organization. With the help of our incorporation agents, you can also set up a subsidiary in Finland in 2023 with only 1 shareholder and 2 directors.
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