Voikkaa Business Area

The Finnish ecosystem and business landscape are distinguished by their remarkable continuity and trust. A transparent government and effective state institutions form the foundation of Finland’s well-functioning society, significantly reducing risks for all businesses.

Solid bedrock and a dependable power grid are additional reasons why Finland is proven to be the safest place in the European Union for data centers.

Source: Fund for Peace, Fragile States Index 2022; Data Center Risk Index 2016

Finland offers a top-tier business environment thanks to its high levels of innovation, stable economy, strong education system, and supportive government policies. Additionally, the country’s excellent infrastructure, high quality of life, and commitment to environmental sustainability make it an attractive location for businesses of all kinds.

Finland is part of the European Union (EU), whose internal market ensures the free movement of goods, services, capital, and people.

Source: Global Innovation Index 2021

When it comes to achieving the global UN Sustainable Development Goals, Finland is setting an example for the rest of the world. Its energy-intensive industries, cold climate, and lack of domestic fossil fuel resources have propelled Finland to become a global leader in clean technologies.

Source: UN Sustainable Development Report 2021–2023

Finland ensures exceptionally stable and independent electricity production through its diverse energy mix, which includes renewable sources like hydropower and biomass, as well as nuclear power. Rigorous safety standards, strategic investments in infrastructure, and effective governance reduce reliance on external factors. Additionally, Finland has some of the lowest energy prices in Europe for both industry and consumers.

Source: European Commission, Electricity Price Statistics 2024

Finland is a forerunner in digitalization due to its world-class education system, which fosters strong digital skills and innovation, and its comprehensive government policies that promote digital infrastructure and technology adoption. When it comes to digital skills, Finland consistently ranks at the top of the world.

Source: Global Competitiveness Report 2020

Finland’s reputation for highly reliable infrastructure is well-earned, backed by high-quality engineering and proactive maintenance. From state-of-the-art digital networks to carefully maintained transport systems, Finland’s infrastructure is the backbone of its efficient and resilient society.

Setting up a business in Finland is straightforward: the country offers an encouraging business environment with streamlined bureaucracy, efficient processes, and strong government support for entrepreneurs. It’s no wonder Finland ranks highly in global indices assessing the ease of doing business.

Finland boasts one of the most competitive corporate tax rates in the EU and OECD. The Finnish Tax Administration adopts a unique, business-friendly, and predictable approach that prioritizes modern, pre-emptive strategies over traditional, retrospective tax audits.