Start A Business In Finland As A Foreigner: 8 Tips!
Starting a business in Finland as a foreigner might seem daunting but it's not as difficult as you think. In this video I will help you to start a business in Finland with 8 steps.
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Пікірлер: 105
Hey Finntastics! It might seem there's lots of things to figure out but starting a business is actually quite straightforward once you get the hang of the basics. I couldn't cover everything in this video but I hope it gives you a basic overview. :)
@anatitan5546
4 жыл бұрын
The American English language is ugly compared to the lovely ethnic Finnish. And the Finn men voice is very clear and deep and has soul , which Americans do not normally have. It is wonderful and different.
@nainiamine1486
4 жыл бұрын
Valuable Information, Though! Thank you so much for this Fabulous video.
Oh wow, you don't even have to be a permanent resident of Finland? That's very, very generous and inviting! Awesome, informative video, thanks, Aleksi!
@AleksiHimself
4 жыл бұрын
I know, right?
Very useful information, thanks man!
Thanks for all the videos. I really appreciate it man.
@AleksiHimself
4 жыл бұрын
Thanks for the comment AbdulAziz A. Jamil!
Thanks Aleksi for the best and really helpful video I am looking forward to your new video and please do more videos about business in Finland
@AleksiHimself
Жыл бұрын
Sure thing!
Great Insight, Kiitos
@AleksiHimself
Жыл бұрын
Good stuff! 😃🙌
Kiitos!
@AleksiHimself
Жыл бұрын
Good stuff! 😃🙌
Thank you!!!
@AleksiHimself
3 жыл бұрын
You're welcome!
Hey Aleksi could you make a follow-up or a part 2 of this video? Now there are 3 forms of businesses in Finland. I learnt more from you compared to the gov sites.
@AleksiHimself
2 жыл бұрын
Thanks! There are like 5 or 6 different ones. I only included the most common ones here.
A small thing: The *SMACK* sound you use on introducing new topics works better if the text smacks into the screen, not coming out of the screen. For example 8:25
Love ur content man & what ur making, very informative👌🏽but tbh i’ve been livin in finland since early 90’s & were involve with resturant, real estate & ict business. Starting business in finland from the 0 is very hard (ofc depend on every persons niche & industry) for example its not easy to get a loan from the bank ect..
@AleksiHimself
2 жыл бұрын
Thanks for sharing!
Hey, great video. Can you make a video about non profits in Finnland please.
Sorry if i missed it somewhere , but do you need a specific start up money account somewhere online i saw about 80.000E when starting a business there.
@AleksiHimself
4 жыл бұрын
I don't think that's correct.
Hey nice video I enjoy your accent 😌 Do us a volonteer video or an easy skilled worker cause I only have a bachelor's degree in English literature. Thanks again
Good sir can you please make an updated one please? I’m planning to start my business😅 I’m 19year old and I wanna start my dream business.
Hi Aleksi! Thank you so much for your useful video! I tried to check out the FREE Business Course by LAMK you recommended, but the link is not working. Is the course still available?
@AleksiHimself
2 жыл бұрын
Unfortunately the event was held back then. :/
It's like in Italy!!! Wow 🤔🤔🤔
@AleksiHimself
4 жыл бұрын
Really? I think EU countries have more or less similar procedures for business.
@MannyWalks
4 жыл бұрын
@@AleksiHimself Aleksi Himself - Videos about Finland Kyllä Aleksi! It's basically the same concept. We have a little less VAT which is at 22% . I've an SRLS here which is the equivalent of the osakeyhtiö, and the taxation is at 27,5%
Can you let me know where bread suppliers are in Helsinki, please?
Do you know any suppliers bread in Helsinki
Can you please make a video about light entrepreneurship in Finland for a foreigner?
@AleksiHimself
2 жыл бұрын
I can add this to my video list!
I didn't know you need to be permanent residence to start oy. kiitos!
@AleksiHimself
4 жыл бұрын
Actually you don't. If you don't have a permanent residence, then it comes down to your residence permit as it might limit your right to start a business, including OY.
M what’s the website for registration?
Please excuse this random comment rather out of the blue sky. A physics professor at the South Dakota School of Mines engineering school has been for years enjoying his favorite chocolate from Fazers which he considers a vital health food. His source has been The on line outlet, Finnish Designs, Recently they have dropped the Fazer line and he is distressed. We all enjoy in SD the zFinlandia imported butter which is hands down so superior to the available supermarket house brand, available in house. Cheers from S D the land of Wild Bill Hickok and Calamity Jane.
@AleksiHimself
4 жыл бұрын
Thanks for the comment Mayline Biltoft!
Can I make a Name ( toiminimi) and leave it then start my bussiness later? Just to reserve the name?
@AleksiHimself
3 жыл бұрын
Yeah I think there is no problem with that.
Is it for all foreigner countries around the world ?
@AleksiHimself
4 жыл бұрын
Yes, as explained in this video.
On se hyvä ku opiskelee liiketaloutta ja omistaa toiminimen... Ei tarvii ylimäärästä palkata kirjanpitoon
@AleksiHimself
4 жыл бұрын
Jos se onnistuu iteltä nii miäs siinä. :)
My dude. Are you some kind of accountant ? What’s interesting are the similarities between the Finnish system and South African system. Do you guys use IFRS?
@AleksiHimself
4 жыл бұрын
No I'm not an accountant and what's IFRS?
I have a question I live in Finland speak Finnish quite well but am not an adult yet and I want to open a small stall that sells stuff like lip scrub body scrub but I don’t know anything on how to do it .
@AleksiHimself
2 жыл бұрын
Check out Uusyrityskeskus.
@Lacertae1
Жыл бұрын
For cosmetics you would also need to check the laws for cosmetic manufacture. Lab results for each recipe is required by law which makes this kind of business very hard to start. You would also need to know how to properly write the INCI lists.
Fantastic video, I have one question, when westerners move to non western countries we call them expats, when non westerners move to western countries why do you call them “ highly educated immigrants “ ?
@Livingalittle
2 ай бұрын
9.33
Hi currently am employed with a Finnish employer..what would happen if I take a job offer from a Asian country ? I have a work permit but not the permanent resident permit. Should I declare myself as light entrepreneur ? Any guidance on how this works
@AleksiHimself
Жыл бұрын
See the last question on this page. migri.fi/en/faq-employment#:~:text=You%20are%20allowed%20to%20work,on%20issues%20related%20to%20taxation. Vero has Info how taxes work out.
Way too complicated for me to move my business there.
@AleksiHimself
4 жыл бұрын
In your case as you already have a established business, an option might be opening a branch office instead of migrating. I don't know the details tho.
Sorry but I am not sure I did understand.. do you have a corporate tax (20%) and also an income tax (another 20%)?
@AleksiHimself
2 жыл бұрын
Corporate Tax is 20% which is paid by the business. Income tax is paid by individuals depending how much they earn.
@andrei.burlenghea
2 жыл бұрын
@@AleksiHimself thanks for the fast reply. Big up!
@AleksiHimself
2 жыл бұрын
@@andrei.burlenghea thanks. And the 24% tax mentioned is the value added tax that consumers pay. So anything you buy has 24% tax that goes to the government.
@arankin2914
Жыл бұрын
@@AleksiHimself which business form is better from a tax perspective? I'm doing IT consulting and charge by the hour, most brokers in Finland who find these projects ask that you have an Oy. In Poland I only pay 8.5% tax on my earned income through the Polish equivalent of toiminimi. If I start Oy, I have to deduct 20% and then whatever is on my tax card, so for example another 33%. So, at the end of the day I am only getting 47% of what I earned. If I go instead with Toimini do I only deduct the 33% shown on my tax card? If that's the case, isn't toiminimi the better option?
@AleksiHimself
Жыл бұрын
@@arankin2914 It depends how much you make. With Toiminimi all profit you make is is taxed as your personal income. The more you make, the more you pay in taxes. With Oy, yes you pay 20% corporate tax but it allows you to make tax optimizations. For example, you can pay yourself a lower salary as well as dividend with a way lower tax rate. I'm not going to the details as it would be a long write. Oy is a safer option, too, as the liabilities are only limited to the capital invested to the company (in case of bankruptcy). Generally speaking, Oy is more profitable when your profits are around 60-100k.
Hi, can you be employed and self-employed in Finland at the same time?
@AleksiHimself
3 жыл бұрын
Sure. I have been doing that for years.
@MM-kz9pd
3 жыл бұрын
@@AleksiHimself so is this corporate tax taken from the net or gross profit? In your example, your invoice is 1000+24%=1240. You buy a computer for 800 + delta VAT (48) = 848. Your profit before corporate tax 1240-848 = 392. Do you pay 20% from 392 or 1240?
@AleksiHimself
3 жыл бұрын
@@MM-kz9pd Corporate tax is paid from the profits: sales minus costs to put it very simply
I m from pakistan...exporting oranges ,kinnows, and worlds best quality mangoes to different countries...please help me how can i export my products to finland?
@AleksiHimself
3 жыл бұрын
Sorry but I don't know.
You know lawyer fee is 10000 eur, it is very high fee.
Can a non eu citizen start a food truck who do not have the pr in finland during his studies ? With his spouse.
@AleksiHimself
2 жыл бұрын
You need a residence permit. Permanent resicence permit is not needed. Check out Migri for details.
@ramithatheekshana1853
2 жыл бұрын
@@AleksiHimself Kiitos , aleksi
Can my start-up company employer of Finland hire me for bookkeeping work and I'm located in south Asia?
@AleksiHimself
Жыл бұрын
You need to ask them. Probably.
@toriqulislamkhanbyron3156
Жыл бұрын
@@AleksiHimself my employer don't know and Vero provide me a phone number to contact rather than providing any proof of docs
@AleksiHimself
Жыл бұрын
I'm sorry but I don't know how to help with this one.
Do you any help to start a business in Finland?
@AleksiHimself
Ай бұрын
What kind of help?
Hey bro. Do you pay taxes running your KZread ?
@AleksiHimself
11 ай бұрын
Of course. I'd be in trouble if I didn't.
@jettchana7901
11 ай бұрын
Ok. I am looking to run an online shopping shop in Finland too, can you give me guides on how to register, this will be a small store managed by just me .
Hi Aleksi, just wondering if you could make a video about how's The LGBT community there in Finland and how the people perceive this, thanks
@matheuscastilho8940
4 жыл бұрын
Agree!
@AleksiHimself
4 жыл бұрын
I have this on my list. :)
@patatacampesina8286
4 жыл бұрын
@@AleksiHimself oh thank you!
Why you fight, talk in low nice way?
Can I have your email Please I need some advice
Sounds like voluntary communism to me who in there right mind would open a business there other then the goverment unless you needed to lose money on purpose.
@AleksiHimself
3 жыл бұрын
Why would it be communism to start your own business? :D
I love luxurious lifestyles. All thanks to crypto!!!
@AleksiHimself
Жыл бұрын
Boom!
I don't agree with the "greedy country" remark...Finland has low levels of corruption and spends the taxes it gets...advance or otherwise on its citizens...
@AleksiHimself
4 жыл бұрын
It was more like a joke. :) I do agree with you.
Did you got this advice from Donald Trump? Cause he is the best businessman ever back in time he only started his career with few millions that his father gave him
@AleksiHimself
4 жыл бұрын
Seriously I don't care about Trump.
@telhadounith6188
4 жыл бұрын
@@AleksiHimself just admit that you are jealous of him ( the definition of the perfect man)
@captainvanaroo1729
3 жыл бұрын
@@telhadounith6188 it’s not that the people in Finland brainwashed to think socialism/ccomunism big goverment is the perfect model example news in Finland say covid vaccine safe and wonderful everybody running for vaccine everybody suck up to goverment in Finland Putin smarter and Russians smarter.