· Camilla Pesonen · Entrepreneurship
Finnish Limited Liability Company (Oy) 2026: What It Is, How to Set One Up and When It Makes Sense
A Finnish limited liability company, or Oy, limits the owner's liability and suits a growing business, but it also requires more administration than a sole trader. This guide covers setting up an Oy in 2026, salary and dividends, bookkeeping, reporting, costs and the situations where an Oy is a sensible choice.