Entrepreneur Residence Permit or Startup Permit in Finland: We Prepare the Financial Part

Entrepreneur permit with an Oy: usually yes. Migri says the business usually has to be in the Trade Register before the permit is issued, so an Oy is normally registered while you still live abroad. Then the board rule applies: at least one ordinary board member must live in the EEA, unless the Finnish Patent and Registration Office (PRH) grants a permit (Limited Liability Companies Act, chapter 6, section 10), and PRH grants those narrowly. We set up the company and prepare the PRH permit application where it's needed, but we don't take board seats. See company formation in Finland and our guide to setting up a Finnish Oy as a foreigner.

Entrepreneur permit as a sole trader: no. A toiminimi can't be set up from abroad, because its Business ID requires a registered domicile in the EEA. Migri accepts a first application without a Business ID, made before you arrive, if it includes the documents needed to register the business. You register after you move.

Startup Permit: no. The law accepts a company that is "registered or to be registered" in Finland, and Business Finland puts company formation after the permit and the move. It has to be an Oy. If your team already has a company abroad, it has to move to Finland with its intellectual property and be headquartered here.

The company also needs a Finnish business bank account, often the slowest step: see opening a business bank account in Finland.

1. Initial assessment (€250). You send the business idea, company form, your role, ownership and funds. We check them against the published criteria and tell you in writing whether to go ahead, fix something first or stop. If the criteria aren't met, the second invoice is not sent.
2. You decide. If you go ahead, we send the second invoice (€1,250).
3. The figures. We build the two-year forecast and the financing and livelihood calculation, and align your business description with them.
4. First authority step. Startup Permit: your team applies for Business Finland's Eligibility Statement in Enter Finland, with a funding plan that matches the forecast. Entrepreneur permit with an Oy: the company is registered (a separate service).
5. Attachments and review. We prepare the financial attachments and go through the whole application with you before you submit it from your own Enter Finland account.
6. Identification. You visit a Finnish mission in the country where you legally stay; processing time runs from that visit.
7. Decision. If the Economic Development Centre or Migri asks for more on the financial part, we answer as your counsel with a power of attorney.
8. After the move. We keep the books, so the extended permit figures are ready.

Migri and Business Finland both say you don't need a paid consultant, and that's true. What the authorities weigh is largely numbers, though, and a forecast that doesn't match the business description is hard to fix once the file is with them.

Included in the €1,500:

• a two-year forecast with the assumptions written out
• a financing calculation: start-up costs, investments, working capital and funding sources
• a livelihood calculation for the permit period
• aligning your business description with the figures
• the attachment list and the financial attachments
• a review of the whole application before you submit it
• supplementing the financial part as your counsel, with a power of attorney, while the application is processed

Not included:

• advice on which permit to choose, and appeals (for an immigration lawyer)
• writing the business description
• authority and service fees: Migri, VFS Global, PRH
• translations

You submit the application and pay Migri's fee yourself. Our fee is for the work, so there is no refund if the application is rejected. We can't promise a permit or a timeline: the authorities decide.

• Initial assessment (first invoice): €250
• Residence permit package (second invoice): €1,250
• Residence permit package, total: €1,500
• Extended or permanent permit as an entrepreneur, books kept by us: €450
• Company formation for an English-speaking founder: €1,200 + PRH fee
• Monthly bookkeeping: from €99/month
• Onboarding when the bookkeeping starts: €99

Prices are excl. VAT; whether Finnish VAT is added depends on where you live, and the quote says it. Both package invoices are paid in advance. See accounting services and the full pricing.

You pay Migri's own fee directly. In 2026 a first entrepreneur permit costs €750 online (€900 on paper) and a first Startup Permit €650 online (€800 on paper). Check the current fee on migri.fi before you apply.

For a fixed quote, use the form below with your route, where you live now and what the business will do.

You apply for an extended permit in Finland before the current one expires. Migri's fee is €230 online and €430 on paper, and an extension can be granted for up to four years.

For an entrepreneur permit, the grounds of the first permit must still exist (Aliens Act, section 54). Migri asks for the latest financial statements and updated accounts for the current period, plus a new forecast if the business has changed. The extension rests largely on your bookkeeping.

For a Startup Permit (section 80 b), the business must be profitable or still meet Business Finland's criteria, with the company registered in Finland as an Oy and bookkeeping and taxes taken care of. Migri grants the extension only for the period in which you have proven, continuous income.

When we keep the company's books, the extension costs €450: the signed bookkeeping figures the authority asks for, an updated forecast, an application check and supplements as your counsel. Books kept elsewhere move to us first. For the tax side, see taxes for a foreign-owned company in Finland.

One English-speaking accountant handles your Finnish company from registration to monthly bookkeeping, VAT and payroll. Bookkeeping is a fixed monthly price with no per-voucher fees, and registration, payroll and the year-end have their own fixed prices.