Business
The osakeyhtiö (Oy) with no minimum capital, registered at PRH
The private limited company (Oy) is the dominant form and has needed no minimum share capital since 2019. Registration is completed through the Business Information System run by the Patent and Registration Office.
Key rules
- A private limited company (Oy) can be formed with no minimum capital.
- Registration through the BIS/YTJ portal yields a Business ID.
- Beneficial owners must be reported to the Trade Register.
Governing law
- Limited Liability Companies Act (Osakeyhtiölaki)
In practice
The 2019 abolition of the EUR 2,500 minimum capital made the Oy as accessible as a sole tradership for small ventures.