Kaupparekisteröinti

Kaupparekisteröinti, often translated as company registration or commercial register entry, is the official process of registering a business entity in Finland. This registration is mandatory for most types of companies operating in the country, including limited liability companies (osakeyhtiöt), partnerships (kommandiittiyhtiöt and avoimet yhtiöt), and sole proprietorships (toiminimet) if they meet certain criteria.

The primary authority responsible for maintaining the Finnish Trade Register is the Finnish Patent and Registration Office (PRH). Registration provides legal standing to the business, making it a recognized entity in the eyes of the law. It also allows the company to conduct business, enter into contracts, and obtain necessary permits and licenses.

Key information typically recorded in the kaupparekisteröinti includes the company’s name, business identification code (Y-tunnus), registered office, the purpose of the business, and details about its management and authorized representatives. For limited liability companies, share capital information is also registered.

Once registered, the company’s details are publicly available, promoting transparency and trust in business dealings. Changes to registered information, such as a change of address or management, must also be reported to the PRH to keep the register up-to-date. Failing to register or update information can lead to penalties and legal complications. The kaupparekisteröinti is a fundamental step for anyone looking to establish and operate a formal business in Finland.