Finland corporate taxes
Finland taxes company profit at a flat 20%. VAT is 25.5% (one of the EU’s highest), personal income combines a progressive state tax with a municipal tax, and social contributions are shared between employer and employee. A private company (Oy) needs no minimum capital. Filing runs through the Tax Administration’s OmaVero; accounts and beneficial owners go to the Trade Register (PRH).
Currency EUR (€)Tax year Calendar year (or chosen accounting period)EU member stateLast reviewed 2026-07-12
20%
Corporate income tax
Flat rate
25.5%
VAT standard rate
Reduced: 13.5% and 10%
progressive
Income tax
State + municipal ~7.5%
30% / 34%
Capital income tax
On dividends & gains
~20%
Social — employer
Pension, health, unemployment
20%
Dividend WHT (non-resident)
0% EU parent-subsidiary
Company forms & registration
A company registers with the Trade Register (PRH) and gets a Business ID; beneficial owners are filed with the same register.
| Main legal forms | Oy (private limited), Oyj (public limited), toiminimi (sole trader)[3][8]The Oy is the default choice for most businesses. |
|---|---|
| Minimum share capital — Oy | €0 (abolished 2019)[3][8]The former €2,500 minimum was abolished. Oyj: €80,000. |
| Registers a new employer meets | PRH Trade Register (incorporation, UBO) → Vero (tax, VAT, employer)[8][4] |
Other statutory requirements
Obligations beyond filing a tax return that every operating company must satisfy.
| Beneficial owners (edunsaajat) | A person owning or controlling more than 25%[8]Filed with the PRH Trade Register. |
|---|---|
| Financial statements filing | To the Trade Register within 8 months of year end[8] |
| E-invoicing | A buyer may demand a structured e-invoice[9]Under the e-invoicing act, a business or public buyer has the right to receive an EN 16931 e-invoice. |
| Document retention | 10 years (6 for vouchers)[8] |
Corporate income tax (yhteisövero)
Withholding taxes & dividends
| Dividends to non-residents | 20% companies / 30% individuals[6]EU parent-subsidiary exemption to 0% for a ≥10% corporate holder; 35% where the beneficiary of nominee-registered shares is unknown. |
|---|---|
| Interest & royalties | Interest 0%; royalties 20% / 30%[6]Royalties reduced by treaties and the EU Interest & Royalties Directive. |
| Dividends to residents | 30% / 34% capital income[1][6]From a listed company 85% of the dividend is taxable capital income; unlisted-company dividends follow a net-asset-value rule that is partly capital income and partly earned income. |
VAT (arvonlisävero)
| Standard rate | 25.5%[2][5]Raised from 24% in September 2024. |
|---|---|
| Reduced rates | 13.5% and 10%[2][5]13.5% (from 2026, lowered from 14%): food, restaurants, books, medicines, transport, accommodation, broadcasting. 10%: newspapers, periodicals. 0% for exports and intra-EU supplies. |
| Registration threshold | €20,000[5]Raised from €15,000 in 2025; assessed on calendar-year turnover. |
| VAT return | Monthly, quarterly (≤ €100k) or annual (≤ €30k)[5]Filed via OmaVero by the 12th of the second month after the period. |
Payroll: income tax & social contributions
Income tax combines a progressive state scale with a municipal tax; the employer withholds it and pays pension, health and unemployment contributions.
| Income tax | State 12.64% → 37.5% + municipal[1][7]2026 state scale runs from 12.64% to a 37.5% top marginal rate; the municipal tax averages about 7.5% after the 2023 reform. Members of a church also pay a church tax. |
|---|---|
| Employer contributions | ~20% of payroll[7]Earnings-related pension (TyEL, employer share ~17%), health insurance 1.91%, unemployment and accident insurance. |
| Employee contributions | Pension 7.3%, unemployment, health[7]Employee pension 7.3% (8.8% for ages 53–62), unemployment 0.89%, and a health-insurance contribution ~1.98%. |
| Minimum wage | No statutory minimum[7]Pay floors are set by universally binding collective agreements. |
| Reporting | Incomes Register within 5 days of payday[7]Each wage payment is reported to the Incomes Register; employer contributions are paid via OmaVero by the 12th. |
Other taxes companies meet
Accounting & financial statements
| Accounting standards | Finnish GAAP or IFRS[8]IFRS is used for consolidated accounts of listed groups. |
|---|---|
| Financial statements | Filed with the Trade Register within 8 months[8] |
| Audit obligation | 2 of 3: balance €100k, turnover €200k, 3 employees[8]A company below these limits over two years is exempt from audit. |
Forms & filings
Every recurring return and report a typical company deals with, what triggers it, and where it goes. Registration-time and one-off filings are marked “per event”.
| Form | What it is | Who files | Frequency | Deadline | Filed with |
|---|---|---|---|---|---|
Veroilmoitus | Corporate income tax return[4] | Companies | annual | Within 4 months of period end | VeroOmaVero |
Ennakkovero | Corporate prepayments[4] | Companies | monthly | 23rd (2 or 12 instalments) | VeroOmaVero |
ALV | VAT return[5] | VAT-registered persons | monthly | 12th of the 2nd month after the period | VeroOmaVero |
Tulorekisteri | Incomes Register report[7] | All employers | per event | Within 5 days of payday | VeroIncomes Register |
Tilinpäätös | Financial statements[8] | Companies | annual | Within 8 months of year end | PRHPRH |
Compliance calendar
The same filings grouped by rhythm — what recurs when.
monthly
Ennakkovero23rd (2 or 12 instalments)ALV12th of the 2nd month after the period
annual
VeroilmoitusWithin 4 months of period endTilinpäätösWithin 8 months of year end
per event
TulorekisteriWithin 5 days of payday
Sources
Numbered references cited throughout this profile. Laws link to consolidated texts in the official register.
- Income Tax Act (Tuloverolaki 1535/1992)
- VAT Act (Arvonlisäverolaki 1501/1993)
- Limited Liability Companies Act (Osakeyhtiölaki 624/2006)
- Limited companies — income tax
- VAT — rates & filing
- Tax rates on dividends & other payments
- Being an employer — contributions
- Trade Register, financial statements & UBO
- eInvoicing in Finland