What's included
- Limited company (OY) or sole-trader (toiminimi) formation
- Articles of Association and shareholder agreement (template + adjustments)
- Trade Register filing with the Finnish Patent and Registration Office (PRH)
- Y-tunnus issuance
- VAT register (ALV-rekisteri) registration
- Prepayment register (ennakkoperintärekisteri) and employer register (työnantajarekisteri) where applicable
- Help opening a Finnish business bank account
Who it's for
- Foreign founders setting up an OY in Finland
- Finnish residents launching a new business and wanting it set up right the first time
- Existing freelancers converting from toiminimi to OY
- Investors registering a Finnish holding company
How it works
Scope
A 30-minute call to choose the right structure (OY vs toiminimi), share capital, registration scope, and timeline.
File
We prepare and submit the filings to PRH and Vero. Most filings clear within 5–10 business days.
Activate
Once your Y-tunnus is issued, we help you open the bank account, register for VAT, and connect your accounting system.
What you'll need to provide
- Founder ID(s) and basic personal details
- Proposed company name (we'll check availability)
- Business purpose and starting capital plan
Frequently asked questions
Can you set up an OY for a non-resident founder?
Yes — though there are nuances around residency requirements for board members and bank-account opening. We'll walk you through the options.
How long does the whole process take?
Typically 2–4 weeks from kickoff to fully operational, depending on PRH queue times and bank onboarding.
What's the minimum share capital for an OY?
There is no minimum share capital requirement for new Finnish OYs (since 2019). You can start with as little as €1, though we usually recommend a sensible operational buffer.