Engages business or trade activities from a permanent place of business in Finland but in the name of the foreign company.
Must be registered at Trade Register and Tax Administration.
Company’s domestic management is at the same time branch management (must be registered). Additional authorized persons may be appointed.
Place of management
A private individual with residence in Finland must be appointed as authorized to accept service of documents for companies resident outside EEA.
Annual financial statements for main company as well as for branch. Company’s domestic financial statements must be registered in Finland.
Incomes from permanent establishment in Finland is subject to a corporate income tax rate of 20.0 %.
Resolution by the company’s management and subsequent registration.
Act on the Right to Exercise Business (122/1919 as amended).
Source: BJL Bergmann Attorneys at Law