The most common type of legal entity used by businesses in Finland is the limited liability company. Foreign companies may alternatively establish a Finnish branch. Registration Documents needed for the registration of a limited liability company in Finland comprise: The founding agreement The articles of association Protocol of the board...
Today, the Finnish government published a report on the government’s decisions on spending limits and state finances, including certain decisions on taxation. One of the major decisions made by government concerns the Finnish corporate tax rate, which currently stands at a rate of 24,5 %. According...
Attorneys at law MK-Law Ltd advises and assists clients with the registration and establishment of subsidiaries and other legal entities in Russia. Legal entitiesThe two most common forms of commercial legal entities established by foreign corporations in Russia are the limited liability company and the...
Attorneys at law MK-Law Ltd has written an article on Russian advertising law for World Trade Press. The article is a comprehensive overview of the laws and regulations that govern advertising in Russia, including an overview of general requirements that the Russian law establishes for...
In practice, the Finnish Employment Contracts Act (Finnish:Työsopimuslaki) applies to all job relationships in Finland. The Employment Contracts Act, which is often referred to as the main law in the field of labor law, includes several binding provisions and a term of an employment agreement...
As stipulated in the Finnish Companies Act, the top management of a Finnish limited liability company consists of the general meeting of shareholders, the board of directors and the general director. A company may also have a supervisory board, which task is to supervise the...
The holder of an insurance policy (or the insured) is not always satisfied with the insurance company’s compensation decision. This is particularly understandable if the insurance company refuses to pay for certain damage, if the compensation amount is viewed as being too low, if the...
A will, or a testament (Finnish: testamentti), is a legal document by which a person (the testator), declares how his or her property shall be distributed at death. It is said that the testament represents the last will of a person and it enters into...
Each new (or regular) client signing an In-House contract during January - February 2013 for the period of year 2013 will be offered the service for a monthly fee of 700 € (+VAT), including 5 hours of legal work or consultation per month (hourly rate...
World Trade Press has recently published a comprehensive article on Finnish advertising and marketing law in its AtoZ World Business chapter. The article was written by MK-Law’s Jan Långstedt and Caspar Friberg and it contains an account of key regulations and rules that advertisers...
