Associations and foundations: how to file financial statements with the Finnish Trade Register
Non-profit associations, economic associations and foundations recorded in the Finnish Trade Register must file their financial statements with the Trade Register for publishing if at least two of the following thresholds were exceeded during the previous financial period and the one immediately preceding it:
- turnover: 12 million euros
- balance sheet total: 6 million euros
- average number of employees: 50.
File your financial statements with the Trade Register within six months from the end of the financial period.
Foundations: Remember also to file your annual report with the Register of Foundations
Foundations must in any case always file their financial statements with the Finnish Register of Foundations together with their annual report.
Go to the instructions of the Register of Foundations in Finnish.
Go to the instructions of the Register of Foundations in Swedish.
Who files the notification?
In associations, the notification must be signed by the chairperson of the executive committee or by an adult executive committee member filed with the Finnish Register of Associations, or by a person authorised by either of them.
In foundations, the notification must be signed by an ordinary member of the board of trustees or by a person authorised by such member.
If an authorised person signs the notification, enclose a certified copy of a special power of attorney or the original general power of attorney.
What does it cost?
Filing financial statements is free of charge.
How to file
File your notification online using our service at ytj.fi. The online service is available in Finnish and in Swedish. To use the service, you need a Finnish personal identity code and either personal internet banking codes, a mobile certificate, or an electronic identity card (HST card).
The service will help you fill in the notification. Fill in the required details and enclose the documents needed.
Please note that the details and documents you submit, as well as the notification document created by the service, are publicly available for anyone. Do not include any details that contain personal identity codes, home addresses, or other confidential details (such as health details or business secrets).
If you file your notification on paper, the processing time will be longer than when filing online. Go to our instructions for paper forms.
What happens after registration?
As soon as the financial statements have been registered, a register extract will be sent to the association’s or foundation’s mailing address, as recorded in the Finnish Business Information System (BIS) at ytj.fi.
The details in the financial statements are publicly available on the PRH Virre Information Service. Go to Virre service.Open link in a new tab
Several service providers use the financial statement details. Read more about our co-operation partners providing details from financial statements.