Taxes in Finland: New Tax Benefits for Foreign Companies Posted by PublisherInternet Thursday, 29. April 2021
Foreign companies can now take advantage of new tax incentives in Finland. The tax breaks can reduce the cost of joint research and development projects by 150%. In addition, tax-free shares will encourage employee commitment and new e-identification and e-authorisations are being introduced.
The new tax incentives are for all companies operating in Finland, both domestic and international and do not constitute state aid under the EU\-\-s definition, explain the Ecovis experts in Finland.
One of the new tax incentives encourages the share-based commitment of employees. It is not limited to start-ups, but applies to all non-listed companies. When non-listed limited liability companies issue shares to employees in Finland, the subscription price may be lower than the market value of the shares. If the subscription price is the share\-\-s mathematical value, an individual em