Company formation
Company formation in Finland, in English
We help you start a sole trader business (toiminimi) or a limited company (Oy) in Finland, in English or Hindi: we compare the forms with your numbers so you can decide, fill in the start-up notification with you, help you set up the tax registrations and the Suomi.fi mandates, and keep the books from the first month.
What registration costs in 2026
The registration fees from 1 January 2026, charged by the Finnish Patent and Registration Office (PRH). They carry no VAT.
| Registration | Fee |
|---|---|
| Toiminimi, Tax Administration only | 0 € |
| Toiminimi, also in the Trade Register | 75 € |
| Oy, guided online package | 300 € |
| Oy, ordinary start-up notification | 400 € |
The guided package suits an Oy whose standard articles are enough, and every shareholder must be an adult with a Finnish personal identity code and Suomi.fi identification. In other cases, for example when a shareholder has no Finnish personal identity code, the company is registered with the ordinary start-up notification. Our article on company registration costs has the details.
The steps
- Choose the form. A toiminimi is the cheapest to start and run; an Oy separates your own money from the company's and can be taxed more lightly once profits grow. We compare them with your figures and you decide; our article on toiminimi or Oy shows how.
- File the start-up notification at ytj.fi. It is one form for the Trade Register and the Tax Administration, and the prepayment register, the VAT register and the employer register are requested on the same notification at no extra cost. An Oy must be registered within three months of signing the memorandum of association, or the formation lapses.
- Notify the beneficial owners of an Oy, anyone holding more than 25 % of the shares or votes. The notification is free.
- Open a business bank account. For a founder who has just moved to Finland this can take longest; see our article on business banking for a foreign founder.
- Check whether YEL applies to you. A self-employed person needs YEL pension insurance once their YEL income is at least 9 423.09 euros a year in 2026 and the other conditions are met; our article on YEL has them.
- Grant us the Suomi.fi mandate and send the first month's receipts.
Moving to Finland and starting here
If you are new to Finland, our guide to starting a business as a foreigner goes through the six decisions in order. We work with you in English or Hindi, and with the authorities in Finnish.
What it costs with us
You get a written price for our registration work before anything starts; PRH's fee is paid to PRH. After that, the monthly bookkeeping follows our price list:
| What | Price | What it covers |
|---|---|---|
| Sole trader | 69 € / month | Bookkeeping, VAT returns, the business tax return at year-end, the accounting software, and the answers in between. No limit on receipts. Above 240 000 euros of turnover the company prices apply. |
| Company (Oy), turnover up to 240 000 € | 199 € / month | Bookkeeping, VAT returns, the financial statements and the tax return at year-end, the accounting software, and the answers in between. No limit on receipts. |
| Company (Oy), turnover over 240 000 € | 249 € / month | The same work for a bigger business. Still one fixed figure, still no limit on receipts. |
| Payroll | 15 € / run | One run is one pay date, whether you pay one person on it or a few. It covers the payslips, the Incomes Register report within five days, and the payments due on the 12th. Charged only in the months a payroll is actually run, whether that is once a year or every month. |
See accounting for a sole trader or accounting for a limited company for what the monthly price covers.
Tell us about your business
Say whether you are a sole trader or a limited company, roughly how many receipts and sales invoices you have a month, and whether you pay salaries. You get a written price before anything starts.
Email usPlease don’t send bank credentials, personal identity codes or other sensitive data by email.