With its political stability, low corporate tax rate (20%), and highly educated workforce, it’s easy to see why Finland is attractive to investors. Finland aims for high technology and R&D. 90% of its FDI is from within the EU, with Sweden, Luxembourg, the Netherlands, Denmark, and Germany being key players. And they’re investing in manufacturing, information and communication, real estate, financial / insurance, and wholesale / retail trade.
Finland’s strengths? It’s got a knowledge-based and innovative economy, a reputation for stability and lack of corruption, and a strategic position at the centre of a dynamic zone formed by Russia, Scandinavia and the Baltic countries – all of which contribute to an Ease of Doing Business ranking of 20/190. However, it’s got a small market with a high vulnerability to the international fluctuations, substantial labour costs, and a high degree of banking dependence on the Swedish and Danish financial sectors.
AUXADI can become your ideal investment partner in Finland. We offer a One Stop Shop value added Outsourcing services in the areas of Accounting and Reporting, Tax Compliance, Payroll Management and Representation services, among others.