Public Business Support and Funding slide image

Public Business Support and Funding

TABLE OF CONTENTS PREVIOUS CHAPTER STARTING UP A BUSINESS IN FINLAND NEXT CHAPTER COMPANY REGISTERS The Finnish Trade Register is the official public register for information about enterprises. As a rule, all businesses must be enrolled in the register. Enrolment is achieved via a notification and is subject to charge. As the Trade Regis- ter, which is maintained by the Finnish Patent and Regis- tration Office (PRH), has a joint notification procedure and information service with the Finnish Tax Administration, a business will only need to submit one notification to be enrolled in the trade, prepayment, employer, and VAT reg- isters and there is no separate charge. Prepayment register As a general rule, starting up business operations requires that the business is enrolled in the prepayment register maintained by the Finnish Tax Administration. You can en- roll in the prepayment register using the same form that is used for notifying the Finnish Trade Register of your new business. For more information and details about the pre- payment register, please view the chapter on taxation. i MORE INFO The necessary registration forms are available at: The business information system YTJ Employer register The employer register is maintained by the Finnish Tax Administration. A business must enroll in the employer register when it starts regular salary payments if it has: 1) at least two permanent employees during the calendar year or 2) at least six temporary employees at one time. If the payment of salaries and wages is temporary, or they are paid to only one employee, the business does not need to enroll in the employer register. VAT register Businesses that are subject to value added tax (VAT) enroll in the Finnish Tax Administration's register via their dec- laration of foundation. At registration, they need to state the date of commencement of the operations that are sub- ject to VAT. For more information and details about the VAT register, please view the chapter on taxation. CHARGE FOR REGISTRATION (2021) €275 You can enroll all mandatory company registers by a single form. 15
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