Finland Country Commercial Guide
Learn about the market conditions, opportunities, regulations, and business conditions in finland, prepared by at U.S. Embassies worldwide by Commerce Department, State Department and other U.S. agencies’ professionals
Selling Factors and Techniques
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Overview

In Finland, honesty, punctuality, and equality are valued. There are many laws and agreements to drive these values. The communication style is often informal and Finns usually speak out, which is not considered impolite. Info Finland offers more insights into Finnish working culture and laws.

Diverse distribution channels make a variety of market strategies open. Consumer goods and similar merchandise can be sold directly to retail chains, department stores, and other retail outlets but are often imported through wholesalers and distributors. Goods requiring specialty installation, engineering, and maintenance/after-sales service are usually sold through distribution by engineering service firms, consultancies, and other professional service providers. The factors that determine where importers place their orders are almost entirely commercial and are like those encountered in the United States. Competitive factors such as price, quality, promptness of delivery, and availability of service, determine the success of a supplier in Finland. It is important to consider both geographical and sectoral coverage when appointing an agent or distributor in Finland. Due to the small size of the market, it is common for one agent or distributor to be appointed to cover the entire country or even the entire nation.

Many Finnish firms, from major established multinationals to early-stage startups, are eager to partner with American firms and to engineer Made-in-USA innovations into their solutions. These Finnish firms often intend to take their solutions global, bringing their American partnerships and Made-in-USA technologies with them. American firms that approach the Finnish market with this in mind often find that the value of their presence in the Finnish market is worth far more than the Finnish market alone.

Trade Promotion and Advertising

The EU has established minimum and objective criteria regarding truth in advertising. Legislation on advertising practices can be found through the EU-adopted Directive 2005/29/EC concerning fair business practices. There are special regulations for advertising certain products such as medicine, food, supplements, gambling, alcohol, and tobacco in Finland.

For local trade fairs there are several local trade fair authorities. The major organizers within regions are the Finnish Fair Corporation/Helsinki Fair Center and Wanha Satama Ltd. for the capital region, Jyvaskyla Fair Ltd. in central Finland, the Turku Fair and Congress Center Ltd. in south-west Finland, and the Lahti Fair Ltd. and Tampere Trade Fairs Ltd. in southern Finland.

In 2024 newspapers and city newspapers covered 26.3 percent of total media marketing investments. Major newspapers in order by readership (KMT 19.9.2024)

  • Helsingin Sanomat is the leading daily newspaper of the capital region, circulation – est. readership of physical paper 513,700 and overall reach of 1,975,400.

  • Aamulehti is the second best-selling daily newspaper in the southern Finland (City of Tampere) area, - est. readership 161,800 and overall readership of 674,800.

  • Turun Sanomat is a popular newspaper in south-west Finland (City of Turku) area, est. readership: 123,600 and overall reach of 427,00.

  • Keskisuomalainen est. readership of 89,500 and overall reach of 452,600.

  • Savon Sanomat est. readership of 79,600 and overall reach of 316,300.

  • Hufvudstadsbladet is a liberal Swedish-language newspaper, – est. readership of 53,900 and overall reach of 157,600.

Most popular business magazines/journals (KMT 19.9.2024):

  • Kauppalehti is the leading week-daily business/economic newspaper, est. readership of 91,400 and overall reach of 785,000.

  • Talouselämä (business weekly), est. readership of 136,100 and overall reach of 625,500.

  • Tekniikka & Talous (business weekly), est. readership of 80,400 and overall reach of 546,800.

In 2022 radio/TV covered 24 percent of total media marketing investments:

  • Discovery Finland (TLC, Frii, TV5, 6 and the streaming services Discovery+ and HBO Max)

  • DNA TV streaming service (Yle Areena, Ruutu, YouTube, and MTV)

  • Yleisradio Oy (YLE) is a national media company owned by the Finnish state (YLE Radio 1, YLEX, YLE Radio Suomi, YLE Mondo, YLE Puhe, YLE Sami Radio, YLE X3M, YLE Vega, and Regional radio Suomi in 18 regions), and TV (YLE TV1, TV2, YLE Teema Fem) Center.

  • Private radio channels (Classic, Classic Hits, Easy hits, Tampereen Kiekkoradio, Kantri, HitMix, Iskelmä, Basso, Patmos, City, Dei, Kaleva, Keskisuomalainen, Moreeni, Nova, Pooki, Robin Hood, SUN, Voima, Savon Aallot, and SuomiRäp)

  • The Walt Disney Company Nordic & Baltic (TV: Star Channel)

  • MTV OY is Finland’s leading commercial TV company (TV: Mtv3, Uutiset, TV&Media, Sub, ava, Streaming service: C More and Katsomo)

  • Finland’s largest commercial media company Sanoma Media Finland Oy. TV (Nelonen„ Jim, Liv , Hero, streaming service Ruutu) and radio (Radio Rock, Aito iskelmä, Groove FM, Helmi, HitMix, Radio Suomipop, and Loop)

  • Social Media marketing in 2024: Search engine optimization (SEO). The most-used search engine in Finland is Google (94%). Others include: Microsoft Bing (3%) and Yandex (1%).

  • The most popular social media channels (according to weekly user amounts) in Finland are Facebook (3.67 million), Youtube (3.57 million), (Instagram 2.86 million), TikTok (1.52 million), Snapchat (1.28 million), X (1.24 million users), Pinterest (1.09 million), LinkedIn (0.9 milmillion) https://www.markkinointimaestro.fi/sosiaalisen-median-tilastot

Biggest Media houses

  • Sanoma Media Finland Oy

  • YLE

  • Alma Media

  • MTV

  • TS-Yhtymä

Please consult the local U.S. Commercial Service office for the best media outlet for your needs.
Interested parties may contact Commercial Specialist Tiina Ketelä, tiina.ketela@trade.gov.

Pricing

The main taxes for businesses are corporation tax (profit tax) and real estate tax. Corporate tax is an income tax collected from limited companies and other corporations. The tax is levied on the taxable income of a corporation calculated by subtracting the deductible expenses of the corporation from its taxable income. The corporate income tax rate was lowered from 24.5 percent to 20.0 percent in January 2014.

All goods and services are subject to a value-added tax (VAT), an indirect tax assessed as a percentage of the value of all goods and services, unless specifically exempted. Since September 1, 2024, the general rate is 25.5 percent on industrial goods. In 2025, books, drugs, pharmaceuticals, cinema tickets, passenger transportation, accommodation services, and cultural and entertainment events will change from the previous 10 percent to 14 percent along with foodstuffs and animal feed, and restaurant and catering services. Excise duties are product specific, and the number of duties assessed is based on the number of products consumed in taxable use or products supplied for taxable use. Excise taxes are levied on alcohol and alcoholic drinks, beer, tobacco, liquid fuels, electricity and certain fuels, and soft drinks. Municipal waste tax, beverage packaging tax, and oil discharges are also subject to excise taxes. https://www.bdo.global/en-gb/insights/tax/indirect-tax/finland-vat-rates-increased-and-reclassified

Duties on goods from non-European countries are relatively low, especially for manufactured goods, ranging from 2.61 percent to 4.17 percent. However, textiles and clothing items still have high duties and quotas. For further information, please visit the European Online Customs Tariff Database (TARIC).

Sales Service/Customer Support

It is customary to appoint one exclusive agent or distributor to cover the entirety of Finland. Importers may serve large customers themselves, while dealers work with smaller customers. Product training and customer support, usually organized and carried out by dealers, is important.

The EU has legislation to ensure customer safety and after-sales service:

  • The 1999 Directive on the Sale of Consumer Goods and Associated Guarantees was repealed by Directive (EU) 2019/771 on May 20, 2019.

  • The General Product Safety Directive (GPSD) aims to ensure only safe consumer products are sold in the EU. Consumers must be warned of the risks associated with any product placed on the market.

The Directive on Liability of Defective Products holds the producer liable for any damage caused by a defect in a product. The victim must prove the existence of the defect and a causal link between defect and injury (bodily as well as material).

Local Professional Services

  • Association for Managers and Professionals, ASIA

  • Trade Union of Education in Finland, OAJ

  • The Union of Sales and Marketing Professionals, MMA

  • The Union of Professional Engineers in Finland, ILRY

  • The Finnish Veterinary Association, Akava

  • Finnish Association of Architects, SAFA

  • The Finnish Business School Graduates - Suomen Ekonomit

  • Finnish Psychological Association

  • The Association of Finnish Lawyers

  • Academic Engineers and Architects in Finland, TEK

  • The Finnish Safety and Chemicals Agency, TUKES

  • Promoting Enterprise - Promoting Enterprise (yrittajat.fi)

  • My Enterprise Finland | Front page (yrityssuomi.fi)

  • Finnish Environment Institute (syke.fi)

Principal Business Associations

  • Amcham Finland is the local chapter of the global network of American Chambers of Commerce and is dedicated to promoting a strong transatlantic economy and a healthy business environment in Finland.

  • The Confederation of Finnish Industries (EK) is an umbrella organization for several smaller associations, representing and defending the interests of the Finnish business community. Its main task is to is to help companies succeed both domestically and internationally by creating a business environment that stimulates growth and success. Membership requires a Finnish business identity code.

  • The Enterprise Europe Network provides free-of-charge internationalization services to SMEs and has experts in 53 countries all over the world.

  • Entrepreneurs of Finland is an interest and service organization for small and medium-sized enterprises (SMEs) and their owners. Membership requires a Finnish business identity code.

  • The Finnish Commerce Federation is a nationwide lobbying organization whose mission is to promote Finnish commerce. The goal is to improve the operating conditions for companies active in wholesale and retail trade, to stimulate cooperation within the sector and to enhance the commercial and employer interests of members. It has a role in negotiating collective labor agreements, resolving labor disputes, and serving members in employment issues. Member companies need to be registered in Finland.

  • Trade Partners Finland is a membership organization that facilitates international trade for small and medium size companies. Members of the organization are commercial agents, importers, and distributors of various industry sectors.

Limitations on Selling U.S. Products and Services

There are no additional limitations towards selling U.S. products or services.