Start-up notification - limited liability companies

A limited liability company comes into being when it is registered at the Trade Register. For registration, you must file a start-up notification.

Using the same notification form, you can register with the VAT Register, Employer Register, and Prepayment Register, which are maintained by the Tax Administration.

An online notification is cheaper than a paper notification

You can file a start-up notification for a limited liability company either online or using a paper form.

There is a handling fee for registering a start-up at the Trade Register. An online notification is cheaper than a paper notification. The online service automatically calculates the fee, and you pay the fee after signing the notification.

  • Online start-up notification: 275 euros
  • Start-up notification, paper form: 380 euros

See the price list and payment instructions on the PRH website at prh.fi.

File your notification with the Trade Register and the Finnish Tax Administration online

You can set up a limited liability company online using the service in Finnish or in Swedish provided by the PRH and the Finnish Tax Administration.

You can use the online service if

  • you are at least 18 years old
  • you have a Finnish personal identity code
  • you have your own personal internet banking codes or a mobile certificate or an electronic identity card (HST card).

Please note that the online service is only available in Finnish and in Swedish.

You can file your notification online

  • if standard articles of association are sufficient for the company
  • if the shares are paid into the bank account of the company being set up
  • if the subscription price in full is credited to the share capital
  • if all share subscribers and members of the board of directors are adults, and they and the managing director and auditor, if any, have a Finnish personal identity code and personal internet banking codes or an electronic identity card (HST card)
  • if holders of procuration and persons authorised to represent the company, if any, have a Finnish personal identity code.

The online service automatically creates a memorandum of association and articles of association for your company.

What details do I need to set up a limited liability company?

You must report the following details to set up a limited liability company online:

  • its company name, line of business, financial period, place of registered office, and auxiliary company names and their lines of business, if any
  • the names and personal identity codes of shareholders, members of the board of directors, and the managing director, if any
  • the names and personal identity codes of auditors, holders of procuration or persons authorised to represent the company, if any

Go to our instructions on start-up notification with the Trade Register on the PRH website at prh.fi.

How do I get a Business ID?

You will get a Business ID for your company, and a record number for your notification, once you have signed the notification online and paid the handling fee of 330 euros to the PRH Trade Register. If you also report an auxiliary company name to the Trade Register, the handling fee is 100 euros.

When do I pay the share capital?

After setting up the company online, you open a bank account for the company. The share capital is then paid to the account.

After the share capital is paid, the board members and the managing director, if any, must sign a statement online concerning the payment of the share capital.

The auditor must sign a certificate. If your company has no auditor, enclose some other account on the payment of the share capital, such as an account statement or a receipt of the payment in pdf, doc or docx format.

Start-up notification using our paper forms

You can also use our set-up package to help you to set up a limited liability company. The package contains formation instructions and templates. You have to file the following documents: the memorandum of association, articles of association, start-up notification form Y1, the Trade Register's appendix form 1, and the personal data form.

Please scroll down for the forms.

Save the form to your computer to be able to fill it in. Fill in the form on your computer, then print it at A4 size, and send it to the address given on the form.

If you already have the memorandum of association and other required documents completed, or the set-up package is otherwise unsuitable for you, file your notification following the instructions on the PRH website. Go to the instructions.

Please fill in the forms in Finnish or in Swedish.

Download paper forms and instructions