President Trump's August 2026 memorandum authorizes foreign shipbuilders to construct critical naval vessels under the "Finland Model," requiring them to establish US facilities and train American workers. The directive aims to expand domestic shipbuilding capacity while addressing immediate fleet readiness needs through strategic partnerships with allied nations. This policy shift could fundamentally reshape Navy acquisition programs and the competitive landscape for defense contractors.

On 12 March 2010 the Finnish Supreme Administrative Court issued two rulings concerning taxation of cross-border dividends.

In little more than two years the Finnish real estate investment market has virtually exploded in an astonishingly rapid development from a dormant domestic market to one of the most dynamic real estate markets in northern Europe.

The notification obligation regarding the screening of acquisitions of Finnish corporate entities by foreign investors has become a regulatory aspect to be increasingly taken into account...

Until recently Finnish-sponsored private equity and venture capital funds were extremely simple both in terms of structures and in terms of the depth of legal documentation.

The Supreme Administrative Court of Finland (SAC) has recently issued three rulings concerning the tax exemption regime of investment funds in section 20a of the Income Tax Act (ITA).

On 30 March 2011, the Central Tax Board gave a preliminary ruling (KVL 21/2011) stating that dividends paid from Finland to a Norwegian investment fund were not subject to tax at source, because the corresponding income is tax exempt for Finnish investment funds.

The beginning of 2022 was active in the transactions market, but subsequently the market underwent dramatic changes: the war in Ukraine, global geopolitical tensions, increasing inflation...

In a constantly evolving business landscape characterised by market fluctuations, carve-out transactions stand out as a compelling alternative...

Real estate transactions in Finland present unique legal requirements that distinguish them from other jurisdictions. From mandatory notary presence and formal execution procedures to permit requirements for non-EU buyers and complex pre-emption rights held by municipalities and the State, navigating Finnish property law demands careful attention to procedural details and strategic timing.

Foreign investors view Finland's technological prowess, skilled workforce, stable business climate, and commitment to sustainability as the primary drivers for investing in Finland

The geopolitical situation, tightening regulation and the growing importance of national security are having a significant impact on investments and acquisitions in the defence sector.

The global security environment has changed, and geopolitical tensions have intensified drastically, prompting many countries to update their foreign direct investment (FDI) screening regimes in recent years

The latest version of the WTS Global Financial Services Infoletter presents news from none countries with a focus on the international Financial Services industry covering a diverse range of FS tax topics,...

Some time ago the only real closed-end funds managed by Finnish players were private equity and venture capital funds. Even on that front the past few years were really not labelled by active fund-raising.

The foreign direct investment (FDI) screening has in recent years become a central element of the EU's trade and security policy. Concerns over geopolitical risks, vulnerabilities in critical infrastructure...

Strong economic growth, high liquidity in property markets, high degree of transparency and highly competitive economy are some of the factors that have made Finland an interesting target for real estate investors.

Finland has gained a place among the richest industrial countries in the world. Today, worldwide trading in a wide variety of commodities is an integral part of the culture within the Finnish business community. In addition to being a world leader in forest based industries, Finland has an advanced metal industry and pioneering electronics and technology industry.

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