Best Board of Investment (BOI) Lawyers in Helsinki

About Board of Investment (BOI) Law in Helsinki, Finland

The Board of Investment (BOI) in Helsinki, Finland is a government body that provides support and guidance to foreign businesses interested in investing and establishing operations in Finland. The BOI aims to attract foreign direct investment, strengthen Helsinki's economy, and promote innovation and entrepreneurship.

Why You May Need a Lawyer

Seeking legal advice from a lawyer may be necessary in various situations related to Board of Investment (BOI) in Helsinki, Finland. Here are some common scenarios where legal assistance may be required:

• Registering a foreign business: If you are a foreign investor looking to establish a business in Helsinki, a lawyer can guide you through the process of registering your company and ensure compliance with relevant regulations.
• Negotiating investment agreements: When entering into investment agreements or partnerships, it is important to have legal representation to handle negotiations, draft contracts, and protect your interests.
• Understanding local regulations: Helsinki has specific laws and regulations that may impact your investment. A lawyer can help you navigate these regulations and ensure compliance.
• Resolving disputes: If you encounter any legal disputes or conflicts related to BOI or your investment, a lawyer can represent you and seek a resolution through negotiation or legal proceedings.
• Obtaining permits and licenses: Certain investments may require permits or licenses. A lawyer can assist you in understanding the requirements, completing the necessary applications, and navigating the approval process.

Local Laws Overview

When dealing with Board of Investment (BOI) in Helsinki, Finland, it is important to be aware of the following key aspects of local laws:

• Investment regulations: Finland has specific laws and regulations governing foreign investments, including restrictions, incentives, and permit requirements.
• Corporate law: Understanding corporate law is crucial for setting up and operating a business in Helsinki. This includes issues related to company formation, corporate governance, and taxation.
• Employment law: If you plan to hire employees, it is important to be familiar with Finnish labor laws, including provisions related to contracts, working conditions, and employee rights.
• Intellectual property rights: Protecting intellectual property is vital for businesses. Familiarize yourself with the local laws regarding patents, trademarks, and copyrights to safeguard your innovations and assets.
• Real estate regulations: Depending on your investment plans, you may need to understand laws related to purchasing or leasing property for your business.

Frequently Asked Questions

1. Can foreign investors receive special incentives through the BOI in Helsinki?

No, the BOI in Helsinki does not provide special incentives or packages for foreign investors. However, they can offer guidance, support, and information to facilitate investments in the region.

2. How long does it take to register a foreign business in Helsinki?

The registration process for a foreign business in Helsinki typically takes around 2-4 weeks. This timeline may vary depending on the complexity of the business structure and provided documentation.

3. Are there any restrictions on foreign ownership in Helsinki?

No, there are generally no restrictions on foreign ownership in Helsinki. Foreign investors are treated equally to domestic investors in most industries.

4. Can the BOI provide funding or grants for foreign investments?

No, the BOI itself does not provide funding or grants. However, they can help connect foreign investors with local financing options and inform about potential funding schemes offered by other institutions.

5. What are the main sectors that attract foreign investment in Helsinki?

Foreign investment in Helsinki is particularly attracted to sectors such as technology and innovation, clean energy, research and development, healthcare, and information technology. However, opportunities may exist in other sectors depending on market conditions and government priorities.

Additional Resources

If you need further assistance or information on Board of Investment (BOI) in Helsinki, Finland, the following resources may be helpful:

• Finnish Patent and Registration Office (PRH) - The PRH provides information and support on company registration, intellectual property rights, and other related matters. Website: No link available.
• Finnish Tax Administration - For guidance on taxation matters, including corporate taxes and employment-related taxes, the Finnish Tax Administration can provide detailed information. Website: No link available.
• Chamber of Commerce Finland - The Chamber of Commerce in Finland is a valuable resource for networking, industry insights, and business support. Website: No link available.

Next Steps

If you require legal assistance regarding Board of Investment (BOI) in Helsinki, Finland, the following steps can guide you:

1. Research and identify lawyers or law firms specializing in corporate and investment law in Helsinki
2. Arrange consultations with potential lawyers to discuss your specific needs and their experience in handling BOI-related matters
3. Select a lawyer who can best represent your interests and assist you throughout the process
4. Clearly communicate your goals and expectations to your lawyer, providing all necessary documentation and information
5. Work closely with your lawyer throughout the legal process, seeking their advice and following their guidance to ensure compliance with local laws and regulations
6. Maintain regular communication with your lawyer to stay updated on the progress and address any emerging legal issues