Finland, known for its innovation, quality of life, and transparent legal system, offers a supportive environment for international entrepreneurs and investors. For immigrants aiming to start or expand a business in Finland, the Finland Business Visa provides a pathway to live, work, and run a company legally in the country. This guide covers everything you need to know about the Finland Business Visa, including visa types, sponsorship, application steps, eligibility, documents, challenges, and key tips.
What Is a Finland Business Visa?
A Finland Business Visa allows foreign nationals to enter Finland temporarily or permanently to:
- Attend business meetings or conferences (Short-stay visa)
- Establish, manage, or invest in a business (Long-stay residence permit)
This visa can be short-term (Schengen type C) or long-term (type D/residence permit) depending on the nature of the business activity.
Visa Sponsorship for Business in Finland
Unlike employment visas, business visas typically don’t require a sponsor. Instead, you sponsor yourself by proving:
- You have a realistic business plan
- You can financially support yourself and your business
- You have the skills and experience to run a business
However, startups or tech entrepreneurs may receive backing from Finnish accelerators or business incubators, which can strengthen your case.
Types of Business Visas in Finland
Visa Type | Purpose | Duration |
Schengen Business Visa (C) | Attend short-term business events or meetings | Up to 90 days |
Residence Permit for Entrepreneurs | For immigrants setting up a business in Finland | Long-term stay (1–2 years) |
Startup Residence Permit | For innovative entrepreneurs backed by a business incubator | Initially 2 years |
Self-employment Residence Permit | For freelancers or sole proprietors | Renewable long-term |
Step-by-Step Application Process (Entrepreneur Visa)
Step 1: Create a Business Plan
Your plan must include:
- Business model and objectives
- Market analysis
- Revenue projections
- Funding sources
- Your role and responsibilities
Step 2: Register the Business
Register your company with the Finnish Patent and Registration Office (PRH) and Tax Administration (Vero).
Step 3: Apply to the Finnish Immigration Service (Migri)
Submit a residence permit application for entrepreneurs online at Enter Finland.
Step 4: Get a Statement from the ELY Centre
The Centre for Economic Development (ELY) evaluates your business viability and sends its statement to Migri.
Step 5: Biometrics and Interview
Visit a Finnish embassy or service point for fingerprints and document verification.
Step 6: Wait for a Decision
Processing typically takes 1–3 months depending on the case.
Step 7: Arrive in Finland
Once approved, collect your residence permit and enter Finland to begin your business.
Eligibility Criteria
To qualify for a business visa/residence permit, you must:
- Have a valid passport
- Be at least 18 years old
- Present a viable business plan
- Prove you can financially support yourself (approx. €1,000/month)
- Be actively involved in the business
- Register the business in Finland
Required Documents
- Valid passport
- Passport-sized photo
- Business plan
- Proof of business registration
- Proof of funding/investment
- Proof of housing in Finland
- Bank statements
- CV and professional background
- Statement from ELY Centre (applied during process)
For startup entrepreneurs:
- Letter of support from a business accelerator/incubator
- Evidence of innovation and growth potential
Common Challenges and How to Overcome Them
Challenge | Solution |
Business plan rejected by ELY Centre | Get professional help writing a realistic, detailed plan |
Insufficient financial proof | Maintain healthy bank records and show funding sources |
Language barriers | Hire bilingual consultants or translators |
Unfamiliar tax/legal systems | Consult with Finnish legal or business experts |
Delayed processing | Apply early and track progress through Enter Finland |
Cost of Applying
Expense | Estimated Cost |
Online application fee (Migri) | €490 |
Paper application fee | €640 |
Business registration (PRH) | €240–€380 |
Legal/accounting assistance (optional) | Varies (€500–€2,000) |
Can It Lead to Permanent Residency?
Yes. After living in Finland for 4 years with a continuous residence permit, you may apply for permanent residence, provided:
- Your business is running successfully
- You continue to meet income requirements
- You have not violated immigration rules
Tips to Succeed with a Finland Business Visa
- Join a startup incubator – improves your startup visa chances
- Create a professional business plan – hire experts if needed
- Understand Finnish business culture and laws
- Maintain detailed financial records
- Learn basic Finnish to ease integration
- Build local partnerships for credibility and growth
- Stay updated with tax and employment obligation.
A Finland Business Visa offers immigrants the chance to live and build a business in one of Europe’s most stable and innovative economies. With the right planning, financial support, and a solid business model, you can obtain a residence permit, run your company, and eventually settle in Finland long-term. Whether you’re a seasoned entrepreneur or a startup founder, Finland provides a transparent, supportive, and opportunity-rich environment for international business success.
FAQs
1. Can I work for someone else with a Finland business visa?
No. The entrepreneur residence permit only allows you to work in your own registered business.
2. Is it necessary to have a registered business before applying?
Yes, your company must be registered with PRH and the Tax Administration before you apply.
3. Can my family join me in Finland?
Yes. You can apply for family reunification if you can support their living costs.
4. How long does the business residence permit last?
It’s usually granted for 1–2 years, and renewable if your business remains active and profitable.