The Finnish operating environment is stable and predictable. Finland is a member in European Union. Finland is the only Nordic country with Euro and has a low corporate tax rate, only 20 %. Therefore, many foreign companies have established operations in Finland for the long-term and enjoy high return on investment. With access to top high tech talent and a Silicon Valley inspired business culture, Finland is an R&D hotspot and a testing ground for companies looking for business transformation.
Finland has strong credit rankings:
- Fitch, March 2016: AA+
- Moody’s, June 2016: Aa1, with a stable outlook
- Standard & Poor, September 2016: AA+
International companies are warmly welcomed to Finland. They can access the same benefits and grants of as Finnish companies. Finns themselves are highly internationally oriented. English is the common second language of the business community. Over 90% of Finns under thirty speak English. Finland’s long history of trade in Northern Europe, combined with its historical and cultural ties to neighboring countries, offers valuable insights and knowledge into the region.
Everything works in Finland. Companies can benefit from the vibrant startup scene, highly educated employees and a unique ecosystem that fosters R&D. Finland forms an ideal test bed for new solutions and technologies.