Managing Directors of limited liability companies are not considered to be employees and thus do not enjoy protection under the Finnish labour law.

The Finnish startup ecosystem has reached a new level of maturity with the release of Series Seed 4.0, a comprehensive overhaul of the country's standard seed financing documentation. This latest iteration introduces significant changes to leaver provisions, warranty liability frameworks, and investor protections, fundamentally reshaping how early-stage venture capital transactions are structured in Finland.

The renewal process of the 1992 Finnish Arbitration Act has been pending for a while now, and with the recent reformation of the Finnish Government...