vuosikokousta

Vuosikokousta is the illative form of the Finnish noun vuosikokous, the annual general meeting held by organizations such as limited companies, foundations, and associations. The annual general meeting is the central event through which owners or members exercise governance, review the prior year, and decide on key matters that affect the organization’s direction and finances.

In corporate use, the main tasks at the vuosikokous typically include approving the financial statements for the previous financial year, deciding on the distribution of profits or losses, and discharging the board and senior officers from liability. The meeting also often elects or re-elects members of the board and, where applicable, appoints or confirms the auditor. For associations and foundations, the vuosikokous similarly approves accounts, sets or approves membership fees and contributions, and elects officers or governing bodies.

The process is governed by law and the organization’s own bylaws. Notice of the meeting must be given within a defined timeframe, and attendance can be in person or by proxy. Decisions are generally made by vote, with the required majority determined by the applicable law and the articles of association; some matters may require a higher or unanimous decision as specified in the governing documents.

In Finland, the event is supported by the framework of the Osakeyhtiölaki for corporations, the Yhdistyslaki for associations, and corresponding legislation for other organizational forms. The term vuosikokousta is commonly used in both legal texts and everyday language to refer to the action or occasion of holding the annual general meeting.