Country Report 2018: Finland

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2018
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American English
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Abstract

Military organized associations are forbidden. Associations can only do business that is related to their purpose or that is so small by volume that it can be seen as insignificant. Foundations must have a public benefit purpose. Foundations that support the kin of the founder are not allowed. The minimum founding capital for a foundation is EUR €25,000 (approximately US$26,500).Social enterprises are for profit companies wherein a minimum of 30 percent of its workforce are individuals with disabilities or individuals who were unemployed long term. Registration as a Social Enterprise gives the company special support from the state, for example easier procedure and a longer time frame for employment supports.

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