Offering a highly qualified workforce, unique start-up scene and an open public-private collaboration ecosystem, Finland is the perfect accelerator of next generation innovations.
Time and time again, Finland scores at or near the top of international rankings of competitiveness; of environment for business growth; and of quality of life. Entrepreneurs find a straightforward business culture, a smoothly functioning public sector and high labor productivity. Strong tech expertise, a high education level, a large contingent of creatives, and a burgeoning startup scene contribute to an attitude of innovation. Finland is at the forefront of digitalization, health solutions and smart and clean technologies.
International companies are warmly welcomed to Finland. They can access the same benefits and grants of as Finnish companies. Finns themselves are highly internationally oriented. English is the common second language of the business community. Over 90% of Finns under thirty speak English. Finland's long history of trade in Northern Europe, combined with its historical and cultural ties to neighboring countries, offers valuable insights and knowledge into the region.
Companies can benefit from the vibrant startup scene, highly educated employees and a unique ecosystem that fosters R&D. Finland forms an ideal test bed for new solutions and technologies.
Everything works in Finland
To give an idea of the wide range of innovations developing rapidly in Finland today, let us name some: 5G, wireless technologies, AI, specialized fields of genomics, diagnostics, non-invasive measurements, imaging, patient monitoring
The Finnish operating environment is stable and predictable. Finland is a member in European Union. Finland is the only Nordic country with Euro and has a low corporate tax rate, only 20 %.
Therefore, many foreign companies have established operations in Finland for the long-term and enjoy high return on investment. With access to top high-tech talent and a Silicon Valley inspired business culture, Finland is an R&D hotspot and a testing ground for companies looking for business transformation.
Source: Business Finland