Category: Law
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Managing Director & Managing Director Agreement
Managing director is appointed by the board of directors and according to the Finnish Limited Liability Companies Act. The managing director is responsible for the day-to-day operations of the company pursuant to the instructions and orders given by the board of directors. Moreover, the managing director shall ensure that the accounts of the company are…
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Newsflash: New Labour Market Reforms
The new Finnish Government has announced new labour market reforms, which should come into force within the next four years, i.e. during the new Government’s term in office.
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Start-ups & Shareholders’ Agreement (SHA)
Right, so you have a brilliant business idea and superb founder team to execute the idea. You all know each other and have, perhaps, even worked together in the past. Should you dive into the execution of your vision or should you first sign a shareholders’ agreement?
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Acquiring a Company or Business in Finland
Private companies are typically acquired through share purchase or asset purchase, and out of the two, purchasing shares seems to be the more popular option. However, the structure of the transaction and acquisition process is typically dictated by tax considerations and the buyer’s intentions.
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Limited Liability Company – Loans & Investments & Share Issues
Every company needs money. If the company has strong cash flows and minimal investment needs, the company can survive without any outside money. However, typically all the companies will need external financing – either in the form of loan or investment – at one point or another. This is typically because the company needs working…