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Explore the Finnish business environment

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

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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 Administration

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 Administration
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Corporate tax rate in Finland is 20%

Available Tax Incentives

Double depreciation rules for machinery and equipment until 2025

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.

150% additional 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.

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142 million € startup funding from Business Finland in 2022

Funding and other incentives

Businesses operating in Finland can now benefit from a wide range of tax deductions, from tax relief on R&D projects to training and employment incentives. Various national, regional, and local organisations provide funding for research, product development and other business development needs too.

Business Finland Funding Services
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142 million € startup funding from Business Finland in 2022

Funding and other incentives

Businesses operating in Finland can now benefit from a wide range of tax deductions, from tax relief on R&D projects to training and employment incentives. Various national, regional, and local organisations provide funding for research, product development and other business development needs too.

Business Finland Funding Services
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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.

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.

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Best digital infrastructure in the world

Source: Network Readiness Index by the World Economic Forum

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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.

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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.

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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.

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.

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4,000+ startups operating in Finland