



Explore the Finnish business environment
As one of the world’s most competitive and open economies, Finland has a lot to offer for international companies.

Corporate tax rate in Finland is 20%
Competitive Tax Regime
Did you know that Finland enjoys the lowest corporate tax rate in the Nordic region and one of the lowest rates in the EU? The Finnish Tax Administration has made it easier for businesses too, with pre-emptive payments to avoid surprises and a dedicated team to help with tax matters, free of charge. In addition to moderate taxation rates, Finland offers different tax deductions for companies operating in Finland.
Learn more from the Finnish Tax AdministrationCompetitive Tax Regime
Did you know that Finland enjoys the lowest corporate tax rate in the Nordic region and one of the lowest rates in the EU? The Finnish Tax Administration has made it easier for businesses too, with pre-emptive payments to avoid surprises and a dedicated team to help with tax matters, free of charge. In addition to moderate taxation rates, Finland offers different tax deductions for companies operating in Finland.
Learn more from the Finnish Tax Administration
Corporate tax rate in Finland is 20%


New tax incentives
Double depreciation rules for machinery and equipment
As of January 2020, businesses can annually deduct up to 50% (instead of 25%) of the tax carrying value of newly-acquired machinery or equipment in the tax years 2020–2025.
Additional 150% tax reduction on R&D subcontracting
From 2021 to 2027, domestic and international companies operating in Finland can benefit from an additional tax reduction on research and innovation project costs carried out in collaboration with universities and research institutes.
Tax-free shares to employees
Non-listed companies can now issue tax-free shares to employees in Finland. If the subscription price is equal or more than the share’s mathematical value, employees will not be taxed on the benefit either.

142 million € startup funding from Business Finland in 2022
Funding and other incentives
Business Finland and various national, regional, and local organisations provide funding for research, product development and other business development needs for businesses operating in Finland.
Read more about Business Finland Funding ServicesFunding and other incentives
Business Finland and various national, regional, and local organisations provide funding for research, product development and other business development needs for businesses operating in Finland.
Read more about Business Finland Funding Services
142 million € startup funding from Business Finland in 2022

Best digital infrastructure in the world
Source: Network Readiness Index by the World Economic Forum
Reliable infrastructure
From cost-effective energy supplies to the most advanced 5G test network in the world, Finland offers an outstanding infrastructure for businesses. We also benefit from more surprising advantages, such as an ideal climate and ground formation for establishing data centres. Everything just works in Finland.

Best digital infrastructure in the world
Source: Network Readiness Index by the World Economic Forum
Reliable infrastructure
From cost-effective energy supplies to the most advanced 5G test network in the world, Finland offers an outstanding infrastructure for businesses. We also benefit from more surprising advantages, such as an ideal climate and ground formation for establishing data centres. Everything just works in Finland.

World's top 10 countries for patented inventions per capita
Source: Global Innovation Index 2019
Culture of Innovation
Finland is a hotbed of ideas and innovation. We’re proud of our hyper-collaborative approach, which makes it easier for industries, universities, and research institutions to share knowledge. It’s how we’ve pioneered some of the most disruptive technologies and innovative designs of our time.
Culture of Innovation
Finland is a hotbed of ideas and innovation. We’re proud of our hyper-collaborative approach, which makes it easier for industries, universities, and research institutions to share knowledge. It’s how we’ve pioneered some of the most disruptive technologies and innovative designs of our time.

World's top 10 countries for patented inventions per capita
Source: Global Innovation Index 2019

4,000+ startups operating in Finland
Vibrant startup ecosystem
Home to one of the world’s fastest growing startup scenes, Finland offers a dynamic ecosystem of accelerators, angel investors and VCs, backed by government support. We’re a leading testbed for technology, with a highly educated talent pool, uniquely collaborative culture and world-class research.

4,000+ startups operating in Finland
Vibrant startup ecosystem
Home to one of the world’s fastest growing startup scenes, Finland offers a dynamic ecosystem of accelerators, angel investors and VCs, backed by government support. We’re a leading testbed for technology, with a highly educated talent pool, uniquely collaborative culture and world-class research.
Latest news

The Magnetic North
Simon Anholt, leading authority on national image and the creator of the Good Country Index, has been a fan of Finland for a long time. Currently ranking 5th in the world in the Good Country Index, Finland has a tendency to punch well above its weight class in the image department, he says.

FDI Barometer: What role do taxes play in success stories from Finland?
Finland does not have a reputation as a “tax paradise” – and sure, all those world-class welfare state services are, ultimately, funded by the taxpayer. But is Finland a very heavy-handed tax collector for businesses?

FDI Barometer: International companies want to keep growing in Finland
Even during the Covid-19 pandemic, international companies operating in Finland were hard at work planning to expand local operations. Over half (57%) of foreign affiliates had plans to expand operations or make new investments in Finland in 2020-2022.