Finland
![Flag-Asset 133 Flag-Asset 133](https://eomeurope.com/eom_europe_2024/wp-content/uploads/elementor/thumbs/Flag-Asset-133-qos9d4zqbr608fyd0ioh3wij73nz730utrn8267ck8.png)
![](https://eomeurope.com/eom_europe_2024/wp-content/uploads/2024/04/General-Overview.png)
General Overview
- Currency: Euro (EUR)
- Languages: Daily and business communication in Finnish, Swedish.
- Public Holidays: Approx. 11 days national public holidays.
- Capital: Helsinki
- Fiscal Year: Running from Jan 1 to Dec 31.
- Minimum Hourly Wage: Not applicable; wages are determined by collective agreements.
![](https://eomeurope.com/eom_europe_2024/wp-content/uploads/2024/04/Tax.png)
Tax Essentials
- Income Tax Range: Progressive, up to 56.95%.
- Other Taxes: VAT 24%, Corporate tax 20%.
![](https://eomeurope.com/eom_europe_2024/wp-content/uploads/2024/04/Social.png)
Social Security Contributions
- Employer Charges: Varies, generally low.
- Employee Charges: Approx. 7.15% (pension, unemployment, etc.).
![](https://eomeurope.com/eom_europe_2024/wp-content/uploads/2024/04/Employment.png)
Employment Contracts & Conditions
- Contract Types: Permanent, Fixed-term.
- Trial Periods: Typically 4-6 months.
- Paid Holiday: 30 days annually.
- Salary Payment Frequencies: Monthly.
- Termination Notice: Notice varies by tenure, up to 6 months.
![](https://eomeurope.com/eom_europe_2024/wp-content/uploads/2024/04/Legal-benefits.png)
Legal Benefits for Employees
- Medical Coverage: State (comprehensive healthcare).
- Common Non-Compulsory Benefits: Health insurance, lunch vouchers.
![](https://eomeurope.com/eom_europe_2024/wp-content/uploads/2024/04/Non-resident.png)
Hiring Non-Resident/Non-European Workers
- Visa & Work Permits Obligation: Yes, for non-EU/EEA citizens.
- High-Skilled Worker Permits: EU Blue Card; takes about 1-3 months, salary threshold applies.
- Visa & Work Permits Timelines: Up to 3 months.
The information provided on these countries serves as a general guideline and may
require verification and updates from legal sources or official websites.
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