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Jurisdiction Monitor / EU / Finland

Finland [FI]

Corporate tax, FATF status, sanctions exposure, data-protection law and arbitration enforceability for Finland — the facts a founder or counsel checks before incorporating or signing cross-border. Jurisdiction table checked 2026-08-14.

Corporate tax rate
20%
FATF status
compliant
Sanctions exposure
No
EU list of non-cooperative jurisdictions
not applicable — EU member state
Data-protection law
GDPR
New York Convention
Yes
Apostille Convention (1961)
Yes
Foreign ownership
Yes
Local director requirement
No

What has changed here

Tracked since 2026-08-03

No changes recorded for this jurisdiction since tracking began. Every review pass so far has confirmed the figures above.

All changes across the dataset →

Corporate tax rate in Finland

The headline corporate income tax rate in Finland is 20%. Free zones, small-business reliefs and participation exemptions can change the effective rate — treat this as the starting point.

What is this? Corporate tax rate →

FATF status in Finland

Finland is FATF-compliant and not on the grey list, which generally means smoother bank onboarding.

What is this? FATF status →
Source: FATF — High-risk and other monitored jurisdictions

Sanctions exposure in Finland

Finland is not subject to broad sectoral sanctions programs in our dataset.

What is this? Sanctions exposure →
Sources: OFAC — sanctions programs by country (United States) · European Commission — sanctions and restrictive measures · The UK Sanctions List (single source since 28 January 2026) · UN Security Council — Consolidated List

EU list of non-cooperative jurisdictions in Finland

Finland is an EU member state. The list covers third countries only, so a member state never appears in either annex.

Data-protection law in Finland

The applicable data-protection statute is GDPR (in force since 2018). If you process EU/UK personal data you also need a valid transfer mechanism into Finland.

What is this? Data-protection law →
Source: EUR-Lex — Regulation (EU) 2016/679 (GDPR)

New York Convention in Finland

Finland is a party to the 1958 New York Convention, so a foreign arbitral award can generally be enforced by local courts — the single most important box to tick before agreeing to arbitration with a counterparty here.

What is this? New York Convention →
Source: UNCITRAL — status of the 1958 New York Convention

Apostille Convention (1961) in Finland

Finland is a party to the 1961 Hague Apostille Convention. Public documents — corporate certificates, powers of attorney, notarised papers — need only a single apostille to be recognised in other member states, with no consular legalisation. This materially speeds up cross-border paperwork.

What is this? Apostille Convention (1961) →
Source: HCCH — status table, 1961 Apostille Convention

Foreign ownership in Finland

Foreigners may generally own 100% of a local company in Finland.

What is this? Foreign ownership →

Local director requirement in Finland

Finland does not mandate a resident local director.

What is this? Local director requirement →

Company forms available here

6 forms

The entity types actually used in cross-border practice, with the name each one carries in its own register.

  • Private limited company (Oy)
    osakeyhtiö
  • Public limited company (Oyj)
    julkinen osakeyhtiö
  • Sole trader (toiminimi)
    yksityinen elinkeinonharjoittaja (toiminimi)
  • Limited partnership (Ky)
    kommandiittiyhtiö
  • General partnership (Ay)
    avoin yhtiö
  • Cooperative
    osuuskunta

Names are given as the register uses them and are deliberately not translated — a form is called what it is called. The list covers what is commonly used, not everything the statute allows, and availability to a foreign founder can depend on activity, licensing and residency.

Calculators for this jurisdiction

3

Free, no sign-up, computed in your browser.

  • Apostille or full consular legalisation
    →
  • Structure screen: what the joints cost
    →
  • What the paying country withholds
    →
Non-financial professions: what FATF assessed

Lawyers, accountants, corporate and trust providers, real-estate agents, dealers in precious metals and casinos carry anti-money-laundering duties of their own. FATF rates how well a country's law meets three of its recommendations on them.

R.22 — customer due diligence by these professions
LC — largely compliant
R.23 — other AML duties on them
LC — largely compliant
R.28 — their regulation and supervision
PC — partially compliant
Assessed by: FATF · report of 2023-10 (MER+FUR(s)) · methodology 2013

This rates the quality of the legislation, not whether you personally must run these checks, and not how the law is enforced in practice — FATF measures enforcement on a separate scale that is not in this dataset.

Reports from 2025 onwards use the 2022 methodology; everything earlier uses the 2013 one. Ratings from the two are not directly comparable, which is why the methodology is always shown.

Primary source · tables updated: 24 August 2026 / 14 August 2026
Draft a contract under Finland law

forma. generates NDAs, service, supply and corporate documents wired to this jurisdiction — from lawyer-built templates, processed privately on your device.

About forma. →
Structure your business in Finland

Ignito Advisory designs cross-border holdings, IP routing, banking onboarding and regulatory strategy. First assessment is free.

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Informational resource curated by the Ignito legal practice and cross-checked against primary sources. This is not legal advice and does not create a lawyer-client relationship. Rules change — verify against the primary source before you sign or file. Terms of Use · ← Back to the monitor

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