Best Corporate Governance Lawyers in Finland

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Uudenmaan Lakimiehet Oy
Helsinki, Finland

Founded in 2000
50 people in their team
Finnish
English
Uudenmaa Lakimiehet Oy is a full-service law office in HelsinkiOur legal office offers comprehensive legal services for legal assistance and advice. Uudenmaa Lakimiehet Oy handles with solid professional skills legal advice, handling trials, preparing complaints, drawing up documents, assisting in...
Streng Law Firm
Helsinki, Finland

Founded in 1999
50 people in their team
Finnish
English
Law firm Streng serves as follows:The first telephone or e-mail consultation is free of charge.We map out your need for legal assistance and your possibility of receiving state-sponsored legal assistance or compensation from your legal protection insurance.We are located in Helsinki, Katajanokka....
LAW FIRM JURENTIA
Espoo, Finland

Founded in 2000
50 people in their team
Finnish
English
YOUR RESPONSIBLE LAW FIRMOur law office and the lawyers working for it belong to the Finnish Bar Association. A lawyer is obliged to comply with the law and good lawyer practice in his activities. Jurentia's Privacy Policy can be found here . Jurentia's remote sales advance information can be found...
Borenius Attorneys Ltd
Helsinki, Finland

Founded in 1911
500 people in their team
Finnish
English
About UsA law firm is more than just a business. A successful law firm is much more than a sum of its practice areas. As a firm, we believe in a strong unified corporate culture where all practices and practitioners share the same values, mission and strategy. This means we constantly focus on...
Law firm Audentia
Oulu, Finland

Founded in 2000
50 people in their team
Finnish
Swedish
English
Law firm AudentiaSo that you can focus on what's most importantAudentia is an Oulu-based law firm that serves private and business clients with an expert and courageous approach. Our office is located in Oulu, but we operate throughout Finland. Read more about our services and contact our experts -...
Magnusson Ltd
Helsinki, Finland

Founded in 2004
500 people in their team
Finnish
English
As a client of Magnusson, your interaction will be with one expert attorney as a single point of contact. But what enables this individual to deliver the coherent and seamless cross-jurisdictional advice you receive is the close interaction between our network of local practice groups. Each...
Pro Juridica Law Firm
Oulu, Finland

Founded in 2005
50 people in their team
Finnish
Swedish
English
Pro Juridica is a competent and agile law firm focused on corporate law. From us, you get the support of experienced lawyers whenever you face legal challenges. We are at our best when you need legal advice, e.g. for business operations or international trade in the technology, energy, real estate...
Pasi Hagman Law Firm
Oulu, Finland

Founded in 2005
50 people in their team
Finnish
Swedish
English
Legal serviceslitigationcriminal trialsassisting in the preliminary investigationlabor lawcontractssports lawreal estate transaction and housing transaction disputesright to damagescompany lawfamily and inheritance law My office is located in the center of Oulu at Koulukatu 17, 3rd floor....
Advocate Voutilainen Oy
Espoo, Finland

Founded in 2014
50 people in their team
Finnish
English
Law firm Voutilainen, EspooVoutilainen law firm offers versatile legal services to individuals, companies and communities. We handle our assignments professionally and carefully. We find out the customer's needs and want to find the best possible solution for everyone.We help our customers by...

Founded in 2017
10 people in their team
Finnish
Swedish
English
Firm of solicitorsMäkelä & Penttilä OyAsiajotoimisto Mäkelä & Penttilä Oy is a Tampere-based law firm that offers legal expertise to both individuals and companies in a cost-effective and professional manner. We are a youthful and approachable office that is easy to deal with. The...
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About Corporate Governance Law in Finland

Corporate governance in Finland refers to the systems, practices, and rules that control how companies are directed and managed. The purpose is to ensure accountability, transparency, and fairness in a company’s relationship with its stakeholders, including shareholders, management, employees, and the wider community. Finnish corporate governance is shaped by national law, self-regulation, and international best practices, aiming to promote long-term success and ethical business conduct.

Why You May Need a Lawyer

Navigating corporate governance can be complex, especially when dealing with evolving regulations, compliance obligations, and company structures. Individuals or businesses may need legal assistance for the following reasons:

  • Establishing or restructuring a company, including drafting necessary documents and ensuring regulatory compliance
  • Drafting and reviewing shareholder agreements and board resolutions
  • Advising on directors’ duties, liability, and responsibility to stakeholders
  • Assisting with mergers, acquisitions, or other corporate transactions
  • Addressing disputes between shareholders, management, or board members
  • Ensuring adherence to anti-money laundering and anti-corruption regulations
  • Responding to investigations or audits by regulatory authorities

Having a lawyer with expertise in Finnish corporate governance law can help avoid costly mistakes, promote good governance, and protect the interests of both the company and its stakeholders.

Local Laws Overview

Corporate governance in Finland is primarily governed by the Finnish Limited Liability Companies Act and supplemented by stock exchange rules, the Finnish Corporate Governance Code, and EU legislation. Some key aspects include:

  • The Limited Liability Companies Act outlines the management structure, duties of shareholders, general meetings, board of directors, and chief executive officer.
  • Listed companies must comply with the Finnish Corporate Governance Code, which promotes transparency, auditing independence, and proper risk management.
  • Regular disclosure of financial information and significant company events is a legal requirement.
  • There are clear rules about board composition, including requirements for independence and avoidance of conflicts of interest.
  • The system strongly emphasizes the protection of minority shareholders and the accountability of company leadership.
  • EU directives and regulations about corporate sustainability, reporting, and anti-money laundering are integrated into Finnish law.

Companies operating in Finland must remain proactive in monitoring legal updates to maintain compliance and avoid penalties.

Frequently Asked Questions

What is the main law governing corporate governance in Finland?

The Finnish Limited Liability Companies Act is the main piece of legislation. In addition, listed companies are required to comply with the Finnish Corporate Governance Code and stock exchange rules.

Who oversees corporate governance standards in Finland?

Supervision is conducted by authorities such as the Finnish Financial Supervisory Authority, alongside the Helsinki Stock Exchange for listed companies. Self-regulation is promoted through the Finnish Corporate Governance Code.

Are all companies required to follow the same governance rules?

No. Listed companies must adhere to stricter rules and the Finnish Corporate Governance Code. Private companies follow the Limited Liability Companies Act and other relevant legislation.

What are the duties of company directors in Finland?

Directors must act in the best interests of the company, exercise due care and loyalty, and avoid conflicts of interest. They have a duty to ensure statutory compliance and fairness to shareholders.

How are minority shareholder rights protected in Finland?

Minority shareholders are protected by various mechanisms, including the right to request a special audit, bring actions against directors, and demand information from management.

How can a company ensure compliance with Finnish corporate governance requirements?

By establishing clear internal policies, maintaining transparent reporting practices, regularly training directors and management, and seeking professional legal advice when needed.

What happens if a company breaches corporate governance laws?

Breaches can result in administrative penalties, fines, nullification of board decisions, claims for damages, and reputational harm. Severe violations may involve criminal liability.

Do Finnish corporate governance rules apply to foreign companies operating in Finland?

Foreign companies with branches or subsidiaries in Finland must comply with Finnish corporate laws and governance rules applicable to their company type.

What transparency obligations do Finnish companies have?

Companies must disclose financial statements, management reports, and details of significant transactions or leadership changes. Listed companies have additional reporting duties to ensure market transparency.

How often should Finnish companies review their corporate governance practices?

It is recommended to review governance practices annually or whenever there are legal updates, organizational changes, or significant events affecting the company.

Additional Resources

If you are seeking more information or support, the following resources and organizations can be helpful:

  • Ministry of Justice of Finland (legal texts and official guidance)
  • Finnish Financial Supervisory Authority (regulatory oversight and bulletins)
  • Central Chamber of Commerce (training and advocacy)
  • Helsinki Stock Exchange (rules for listed companies)
  • Finnish Patent and Registration Office (company registration and filings)
  • Finnish Corporate Governance Code Committee (latest code versions and interpretations)

Next Steps

If you need assistance with corporate governance in Finland, consider the following steps:

  • Identify your specific needs or concerns relating to your company or role
  • Gather relevant documentation such as company bylaws, shareholder agreements, or compliance records
  • Consult with a lawyer specializing in Finnish corporate governance law to review your situation
  • Discuss potential issues or risks, and develop a compliance or remediation plan if needed
  • Stay informed about regulatory changes and consider periodic reviews with your legal advisor

Proactive legal support can help your company establish strong governance standards, maintain compliance, and focus on sustainable growth in Finland’s business environment.

Lawzana helps you find the best lawyers and law firms in Finland through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Corporate Governance, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Finland - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.