Small change: No cash requirement to register new Oy business

The change is supposed to make it easier for entrepreneurs to register their new companies.

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From July, anyone who wants to establish a limited company in Finland won’t need to prove that they’ve got €2500 cash in the bank.

That requirement goes away after a change in the Companies Act to help more entrepreneurs start their own business.

The National Board of Patents and Registration PRH says the €2500 limit will be scrapped for limited companies, housing companies and mutual companies.

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