1. TYPES OF BUSINESS ENTITIES AVAILABLE IN FINLAND -
The most common forms of business entities in Finland are a limited liability company, a general or a limited partnership, and a cooperative. It is also possible to run a business as a branch of foreign enterprise. Other entities such as associations and foundations also exist, but such entities operate typically on non-profit basis and are not discussed in this overview. A private person may also operate as a private trader.
Matters to consider when choosing a particular business entity type in Finland are, for instance, the taxation, differences in responsibilities and decision-making, operational flexibility, number of people establishing the business, the need for capital and its availability, continuity of operations, attitude of finance providers, profit sharing and covering losses.
Please see full Chapter below for more information.