Why Invest in Finland

Foreign investors are attracted to Finland as a destination for setting up a new business. The reasons include the location, the infrastructure and reduced rate of corruption. It is no wonder why Finland is situated in high positions in different international ratings for economic stability. The minimum bureaucracy and the positive positioning by Transparency International go hand in hand with the reasons below when an investor from abroad analyses the possibility to establish a company in Finland. 

Economy

Finnish economy is based on industry, but also has a strong private sector with high business standards. Innovation is the key in many fields. For instance, Finland is one of the top countries in the world in terms of investments for research and development. Technology companies are also an important part for the Finnish economy. 

Location

Finland’s position in the map situates it not only in advantage in terms of geography, but also as a way for accessibility between EU and Russia. Many transports from EU to Russia and back go through Finland. Besides, its location is favourable for markets in the Northern Europe, which are estimated to 80 million consumers.

Infrastructure

Finland benefits from functional infrastructure and communications network. Its developed ways for access by airplane, train, ship or car make it a perfect place for transportation within the country and also abroad.

Workforce

A skilled workforce defines the labour market in Finland. Finland is frequently ranked as the world’s first country in terms of education and quality of life. This also reflects in the workforce, since the Finnish employees are highly educated and computer literate. Moreover, 90% of the Finns under 30 years old speak English, while many others speak Swedish or Russian. Finland also invested a lot in the transfer between universities and businesses in order to achieve economic success. About a third of Finland’s workforce has a degree or a qualification in a specific field.

Values

Finnish economy is based on competitiveness, equality and trust, but most of all it is based on progress. Innovation always pushed Finland to find solutions to global problems and to deal with high-level decisions. Nevertheless, Finland has a string historical and cultural background that offers great insight to both its people and the neighboring countries.

BridgeWest offers Company Registration in Finland, including virtual office services, opening of bank accounts and accounting services.