Finland Oy vs AY
Legal Entity Comparison
Time of Update: 2026-03-31
"Oy" is a legal entity in Finland, with the full name "Osakeyhtiö" meaning "limited company". It is a form of a combined ownership company, where shareholders have limited liability. Oy can participate in the market publicly, without restrictions on the demands of shareholders and directors, but it requires at least one director. Oy does not need to appoint a legal representative, have a local person as a director, or have a company secretary. While Finland does not specify a minimum registered capital, typically it is at least 2,500 euros. Oy does not require verification of capital and has no such requirement.
Finland Legal Entity Comparison
Finland Legal Entity Comparison
Basic Information
Oy
AY
Ownership:
Consolidated Ownership
Ownership:
Consolidated Ownership
Limited Liability:
Positive
Limited Liability:
Negative
Publicly Participates In Capital Market:
Positive
Publicly Participates In Capital Market:
Negative
Shareholder / Director / Secretary Requirements
Oy
AY
Requirements For Shareholders:
Unlimited
Requirements For Shareholders:
At least one
Requirements For Directors ::
At least one
Requirements For Directors ::
To establish a company in Finland, at least two directors are required, one of whom must be a permanent resident of Finland or the European Union. Finnish law requires that 50% of the company's directors must be permanent residents of Finland or the European Union. Assuming the client needs to nominate two Chinese residents as company directors, it is necessary to hire two nominee directors in order to meet the requirements of the Finnish government.
Legal Representative Not Mandatory:
Negative
Legal Representative Not Mandatory:
Positive
Local Directors Not Mandatory:
Positive
Local Directors Not Mandatory:
Positive
Local Secretaries Not Mandatory:
Positive
Local Secretaries Not Mandatory:
Registered Capital Requirement
Oy
AY
Minimum Registered Capital Requirement:
No requirements, but typically at least 2,500 euros.
Minimum Registered Capital Requirement:
no need for registered capital
Capital Injection Not Required:
Positive
Capital Injection Not Required:
Positive
Capital Injection Requirement:
N/A
Capital Injection Requirement:
N/A
Memo
Oy
AY
Memo:
N/A
Memo:
N/A
FI
Finland
CI - Company Incorporation
Finnish OY Company Incorporation
From EUR 5,400.00 / Company
Product Valid: Positive
Applicant Must Be Present: no
Applicable country/region
FI - Finland
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