Establishing a Company in Finland
Finland is situated in northern Europe and is part of the Scandinavian group of countries. Its borders are marked by the Baltic Sea to the southwest, the Gulf of Bothnia to the west, and the Gulf of Finland to the south. Territorially, Finland shares borders with Norway to the north, Sweden to the west, and Russia to the east. The original Finnish name for Finland is "Suomi", signifying "swampland". The name Finland that is familiar to us all finds its origins in the Swedish language, and it means "prime land". Throughout much of its history, Finland was part of the Swedish Kingdom, it was conquered by the Russian Empire in the 19th century, and after the communist revolution in 1917, Finland declared its independence. In 1995, the country was added to the European Union, and it is part of the Eurozone. Establishing a company in Finland offers effective access to the European and Scandinavian markets, and offers the highest levels of business, financial and technological infrastructure.
Finland is often referenced as an example of economic prosperity that successfully combines corporations and capitalistic entities with social-democratic governance in which the government endeavors for the benefit of its citizens. It’s no surprise that residents of Finland rank amongst the world’s happiest citizens! Finland's capital and largest city is Helsinki. The country’s population numbers roughly 5.5 million residents, most of whom are concentrated in the southern reaches of the country, for their temperate climate.