1. TYPES OF BUSINESS ENTITIES TYPES OF BUSINESS ENTITIES AVAILABLE IN FINLAND -
The most common forms of business entities in Finland are a limited liability company, a general or a limited partnership, and a co-operative. It is also possible to run a business as a branch of foreign enterprise. Other entities such as associations and foundations also exist, but such entities operate typically on non-profit basis and are not discussed in this overview. A private person may also operate as a private trader.
Matters to consider when choosing a particular business entity type in Finland are, for instance, the taxation, differences in responsibilities and decision-making, operational flexibility, number of people establishing the business, the need for capital and its availability, continuity of operations, attitude of finance providers, profit sharing and covering losses.
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