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Special permit required in certain company setup situations

When establishing a limited company or a subsidiary of a foreign enterprise in Finland, you may need a licence from the Finnish Patent and Registration Office (PRH) to act as a director or officer of a company registered in the Trade Register, if you are not permanently resident in the European Economic Area (EEA).

 

Finland and France signed new tax treaty - Econia

 

 

Who needs a special permit in Finland?

 

A person who resides outside the European Economic Area (EEA) can serve as a board member, or in another position of responsibility in a Finnish limited liability company, but he/she may need an authorization, if there are not otherwise enough EEA based board members. Citizenship is not the key factor – permanent place of residence is. 

 

When is a permit required? 

 

Board Members and Deputy Members 

  • At least one ordinary board member and one deputy board member must be resident in the EEA. 
  • If not, all non-EEA residents must obtain a permit from the PRH. 

Managing Director and Deputy Managing Director 

  • Must reside within the EEA or apply for a permit from the PRH. 

Econia offers expert support for the entire permit process as well as other key stages of company formation and management. 

 

Want to hear more about special permits in Finland?

Look no further, contact us and let's have a chat.
 
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