20

Four months from the end of the accounting period.

Taxpayers can apply to modify the prepayment of tax until the tax assessment is completed (within ten months from the end of the fiscal year). The deadline for the final CIT payment is the third day of the second month after the completion of the tax assessment for the current year.

The company's prepayment of taxes is collected in two installments or 12 installments during the tax year. If the total amount to be paid does not exceed 2000 euros, the installments will be due in the third and ninth months of the accounting period. If the total amount to be paid exceeds 2000 euros, the installments will be due monthly (on the 23rd of each month). The tax authorities can collect or increase prepayment of taxes without application within two months after the end of the fiscal year. The tax authorities may reduce or cancel prepayment of taxes (with or without the taxpayer's application) until the tax assessment is completed.

0/0/0

20/0/15

Capital gains are constrained by the normal corporate income tax rate.

19.71%

22.6%

Consolidated Ownership

Negative

Negative

At least one

To establish a company in Finland, at least two directors are required, one of whom must be a permanent resident of Finland or the European Union. Finnish law requires that 50% of the company's directors must be permanent residents of Finland or the European Union. Assuming the client needs to nominate two Chinese residents as company directors, it is necessary to hire two nominee directors in order to meet the requirements of the Finnish government.

Positive

Positive

no need for registered capital

Positive

N/A

Consolidated Ownership

Positive

Positive

Unlimited

At least one

Negative

Positive

Positive

No requirements, but typically at least 2,500 euros.

Positive

N/A