Over 22,000 companies have still not filed a notification of beneficial owners – the PRH will send a reminder letter to those who have failed to comply with the requirement
More than 22,000 limited liability companies and co-operatives have not filed details of their beneficial owners with the Finnish Trade Register, even though they have been obliged to do so since summer 2020. The Finnish Patent and Registration Office (PRH), which maintains the Trade Register, will send a reminder letter to these companies in the summer or early autumn. If the notification of beneficial owners is not filed by the deadline, a negligence fee of 300 euros will be imposed on the company.Most companies must file details of their beneficial owners with the Finnish Trade Register.
In 2025, Finland set a record for the number of European patent applications, with a total of 3,457 patent applications filed at the European Patent Office (EPO).The number of applications grew by 44% from the previous year, which was the fastest growth among the 30 largest applicant countries of the EPO. Finland rose to sixth place in the EU and 12th place worldwide. Relative to its population, Finland was second only to Switzerland, highlighting Finland's position as a strong country in innovation.
The growth is mainly due to Nokia, which increased its applications by nearly
The Finnish Patent and Registration Office (PRH), which maintains the Finnish Trade Register, will deregister companies that have not filed their beneficial owner details despite requests to do so.This week, the PRH sent reminder letters to thousands of limited liability companies and co-operatives that have not filed their beneficial owner details. The PRH may deregister these companies if they – despite reminders – do not file their beneficial owner details by the deadline.
According to the Finnish Trade Register Act, all limited liability companies and co-operatives must file details