Finnish corporate income tax rate reduced to 20%

In March 2013, the Finnish Government announced its tax plans for 2014 – 2017. The
government message at the time of release was that they are introducing a significant reform in business taxation, as of January 2014. One of the most significant measures mentioned is to reduce the corporate income tax rate to 20% from 24,5%. The reduction is a further cut from the 2012 tax rate of 26%.

Finland is at the moment the only euro-zone member that has a triple-A credit rating (the best possible) with a stable outlook from all the three major credit rating
agencies. Also, Finland is one of the few European Monetary Union members, still conforming with the 60% maximum public debt ratio rule.

Recent Posts

Finland VAT Rates in 2026 - Leinonen
July 22, 2026

Finland VAT Rates in 2026: Standard, Reduced Rates, and Recent Changes Explained

Value Added Tax (VAT) in Finland has changed several times over the past two years, and business owners are often unsure which rate currently applies…

Continue reading
Choosing a Legal Entity in Finland as a Foreign-owned Business - Leinonen
July 20, 2026

Choosing a Legal Entity in Finland as a Foreign-Owned Business

Whether you want to limit your personal liability, maximise profits, or access specific benefits, choosing the right legal entity in Finland is the first step.…

Continue reading
Suomi.fi Service: Streamlining Digital Access to Finnish Public Services - Leinonen
May 11, 2026

Suomi.fi Service: Streamlining Digital Access to Finnish Public Services

Finland remains one of Europe’s most advanced examples of digitalised public administration, and the Suomi.fi service sits at the centre of it. The platform brings…

Continue reading