osakeyhtiöyhtymät

An osakeyhtiöyhtymä, often translated as a "limited company consortium" or "joint limited company," is a Finnish legal structure that combines aspects of a limited liability company (osakeyhtiö) and a partnership (yhtymä). It is not a distinct legal entity in itself but rather a contractual arrangement between two or more existing limited liability companies. These participating companies pool resources or collaborate on a specific project or business venture while retaining their individual corporate identities.

The primary purpose of forming an osakeyhtiöyhtymä is typically to undertake projects that are too large, complex, or risky for a single company. It allows for shared risk, capital, and expertise. Each participating company remains responsible for its own liabilities unless the agreement specifies otherwise. The management and profit/loss sharing arrangements are defined by the consortium agreement, which is crucial to the functioning of the arrangement.

This structure is often used in industries like construction, engineering, or research and development where collaboration is beneficial. It offers a flexible way for companies to work together without the need for a full merger or the creation of a new, separate corporate entity. The legal framework governing osakeyhtiöyhtymät is primarily based on contract law and the general provisions of Finnish company law.