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Setting up a Business in Finland

 
“The Success story of Scandinavia goes from strength to strength”
 
 
Finland business services Overview
Finland business services The Economy
Finland business services The Government
Finland business services Laws, Regulations and Standards
Finland business services Facts and Figures
Finland business services The People
 

About Finland - Overview

Finland (Finnish name Suomi) is a republic which became a member of the European Union in 1995. Its population is 5.2 million. The capital Helsinki has 560 000 residents and considering its neighbouring areas, the Greater Helsinki region’s population is about one million. Finland is an advanced industrial economy: the metal, engineering and electronics industries account for 50 % of export revenues, the forest products industry for 30 %. Finland is one of the leading countries in Internet use. Today, there are more mobile phone than land line subscriptions. Forests cover three quarters of the country's surface area of 338 000 sq. km. Other outstanding features of Finland's scenery are some 190 000 lakes and approximately as many islands. The principal archipelago and the self-governing province of the Aaland Islands lie off the south-west coast while the main lake district, centred on Lake Saimaa, is in the east.

Finland was a part of the Kingdom of Sweden until 1809 when Sweden surrenders Finland (its eastern provinces) to Russia and the Czar declares Finland an autonomous Grand Duchy. The Russian era ends in 1917 when Finland declares its independence.

Finland has two official languages, Finnish and Swedish, the latter spoken as a mother tongue by about 6 % of the people. The official status of Swedish has historical roots in the period when Finland was a part of the Swedish realm, a period that lasted from the early 13th century until 1809. Another indigenous language is Sami, spoken within the small community of Sami people in Lapland (also known as Lapps). English has become the most popular foreign language and is widely spoken.

While Finland is an attractive, efficient centre for Northern European business it is also a knowledge centre offering world-class skills, research and development in cutting-edge technologies, telecoms, e-business, software and semiconductor development, ship building, forestry, biotechnology, industrial design, and logistics. This is the place for international logistics centers, business/academic partnerships, expertise and innovation.


 

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