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Finland and the EU

Latest business news about Finland and the European Union.

Finland's EU presidency kicks off in Helsinki
Finland's presidency of the EU, which began 1 July, promises to focus on strengthening the Union's common values and the rule of law, as well as its position as a global leader in climate action.

Finland: country overview
Finland has a highly industrialized, largely free-market economy with per capita output roughly that of the Austria, Belgium, the Netherlands, and Sweden. Trade is important with exports accounting for over one third of GDP in recent years. The most important sectors of Finland's economy in 2015 were public administration, defence, education, human health and social work activities (21.8 %), industry (20.6 %) and wholesale and retail trade, transport, accommodation and food services (17.0 %). Finland's main export partners are Germany, Sweden and the US, while its main import partners are Germany, Sweden and Russia.

Doing business in Finland: Staff welfare
The Ministry of Employment and the Economy's Strategy and Foresight Unit coordinates equality and equal opportunities matters in Finland, as well as the Ministry's sustainable development policy.

Doing business in Finland: Sustainability
Legislation in Finland requires businesses to take into consideration their effect on the environment and on society.

Doing business in Finland: Environmental rules
The Environmental Protection Act in Finland requires business owners to be sufficiently aware of the environmental impacts and risks associated with their operations, and also of using the best available technology for reducing harmful emissions.

Factfile on Finland
Finland, where voters go to the polls in parliamentary elections on Sunday, is a republic that won its independence from Russia in 1917. It has been a member of the European Union and the eurozone since 1995.

EU warns Finland on personal tax data
The European Commission today warned Finland that its data protection law may be breaking EU rules. Finnish taxpayers’ personal data is available to the public and is being collected by businesses for sale as special publications, CDs and text messages.

EU authorises temporary Finnish financial aid to farmers
The European Commission authorised a Finnish scheme with a budget of €22 million which aims at supporting farmers in Finland who encounter difficulties as a result of the current economic crisis. Aid under this scheme can be granted until 31 December 2010 and will take the form of a direct grant.

Commission approves tax exemptions for Finnish Real Estate Investment Trusts (REITs)
The European Commission has authorised under EU state aid rules the introduction of "Real Estate Investment Trusts" (REITs) in Finland that will be exempted from corporate income tax in order to encourage investment in affordable rental housing.

Representation of the European Commission in Finland
Contacts of the European Commission representation in Finland.

Finland Investment Climate 2009
The Finnish Government is open to direct foreign investment. There are no general regulatory limitations relating to acquisitions. Legislative control of mergers and acquisitions is mainly governed by domestic and EU competition rules.

Access to finance
An overview of the sources of finance available to SMEs in Finland.

Starting a business in Finland
The Finnish administrative authorities aim to help entrepreneurs starting a business in the country in all areas. Many companies located in Finland do business in other Nordic countries, as well as the Baltic countries and Russia. Finland offers an advantageous market position for some 80 million people.

Provisional calendar of meetings under Finland's Presidency (1 July - 31 December 2019)
Provisional agendas for Council meetings during the second semester of 2019 (Finland Presidency). This is a draft programme subject to changes.

Finland and the euro
Finland joined the European Union in 1995 and was one of the first-wave EU countries to adopt the euro on 1 January 1999.

European Union Budget at a glance
Taxpayers' money is used by the European Union to fund activities that all Member States and parliaments have agreed upon in the Treaties. A small amount – around 1% of the Union's national wealth, which is equivalent to about EUR 235 per head of the population – comes into the EU's annual budget and is then spent mainly for its citizens and communities.

Find an office in Finland
Instant Offices Finland

Finland country profile
Finland became an independent state following the Russian revolution in 1917. Finland is one of the Member States of the European Union, having joined in 1995.

Export companies of Finland
Directory of Finnish export companies

Enterprise Finland
The Enterprise Finland online service provides information on the obligations towards public authorities that need to be taken into account when setting up an enterprise and acting as an employer.

International Tax Guide Finland (Deloitte)
The Taxation and Investment Guides are a first stop for investors wishing to gain a working perspective on the operating conditions and investment climate – including the legal, accounting and taxation framework – in the countries covered in the Deloitte International Tax Source. In addition to the Finland Highlights and Taxation and Investment Guide, above, country links open the door to the Deloitte International Tax Source and a wide range of materials and information on the tax consequences of doing business across borders.

Doing Business in Finland (HLBI)
Guide on Finland from HLB International, which has produced a series of international booklets on accounting, taxation and company law information - pdf

European Court of Auditors reports
Annual reports of the European Court of Auditors