Category: Law
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Buying a company or business in Finland
Are you planning to buy a company or existing business in Finland? Here’s a short article about the dos and don’ts that you should bear in mind when planning your acquisition.
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Newsflash: Changes in Finnish residential tenancy legislation
The new changes came into force on 1 October 2026 with the aim to clarify and specify the rights and obligations of the parties to a tenancy. The changes are intended to reduce disputes and improve the functioning of the rental markets.
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Newsflash: New rules for fixed-term contracts, lay-offs and re-employment obligation
New employment legislation introduced to lower hiring barriers and to enhance the operating environment for SME companies.
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Asset Deal
Asset purchase deals (fin. liiketoimintakauppa) are transactions where a seller transfers certain assets related to a business to the buyer, who then assumes the rights and obligations related to the assets.
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Distribution of assets
The assets of a limited liability company may be distributed to the shareholders by distributing profits or by distributing assets from reserves of unrestricted equity