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Finland Legal Entity Types
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Learn MoreFinland AYFIFinlandLegal Entity TypesFinland AY
Avoin YhtiöAY is a legal entity form in Finland, fully named Avoin Yhtiö, meaning "open partnership company". It belongs to the merged ownership, meaning all shareholders jointly own the company, and there is no…- Ownership
- Consolidated Ownership
- Limited Liability
- Negative
- Publicly Participates In Capital Market
- Negative
- Requirements For Shareholders
- At least one
- Requirements For Directors
- To establish a company in Finland, at least two directors are required, one of whom must be a permanent resident of Finland or the European Union. Finnish law requires that 50% of the company's directors must be permanent residents of Finland or the European Union. Assuming the client needs to nominate two Chinese residents as company directors, it is necessary to hire two nominee directors in order to meet the requirements of the Finnish government.
- Legal Representative Not Mandatory
- Positive
- Local Directors Not Mandatory
- Positive
- Local Secretaries Not Mandatory
- Minimum Registered Capital Requirement
- no need for registered capital
- Capital Injection Not Required
- Positive
- Capital Injection Requirement
- N/A
Learn MoreFinland OyFIFinlandLegal Entity TypesFinland Oy
Osakeyhtiö"Oy" is a legal entity in Finland, with the full name "Osakeyhtiö" meaning "limited company". It is a form of a combined ownership company, where shareholders have limited liability. Oy can participat…- Ownership
- Consolidated Ownership
- Limited Liability
- Positive
- Publicly Participates In Capital Market
- Positive
- Requirements For Shareholders
- Unlimited
- Requirements For Directors
- At least one
- Legal Representative Not Mandatory
- Negative
- Local Directors Not Mandatory
- Positive
- Local Secretaries Not Mandatory
- Positive
- Minimum Registered Capital Requirement
- No requirements, but typically at least 2,500 euros.
- Capital Injection Not Required
- Positive
- Capital Injection Requirement
- N/A
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