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  • Article

    Finnish Legislation On Deductibility Of Cross-Border Tax Losses In Breach Of EU Law

    The European Court of Justice has recently delivered its preliminary ruling in the case concerning A Oy (C 123/11) on deductibility of non-resident subsidiary’s losses in the context of a cross-border merger.
    FinlandTax
    Borenius
    Borenius
  • Article

    New Guidance Notices On Merger Control Published

    The Finnish Consumer and Competition Authority ("FCCA") has published new guidance notices on the Finnish merger control procedure.
    FinlandAntitrust/Competition Law
    Bird & Bird
    Bird & Bird
  • Article

    Assymetric Private-Public Funds As Part Of A New ICT Investment Strategy Proposal

    On 17 January 2013 a working group, the ICT 2015 Group, set up by the Finnish Ministry of Employment and the Economy, published its final report including a 10 year strategy with a number of proposals to boost Finland’s economy with the help of information and communications technology.
    FinlandCorporate/Commercial Law
    Borenius
    Borenius
  • Article

    August Greetings, Security Interests Over Patents And M&A Blog News

    I'm back at the office and full of energy after a relaxing summer break. As my one of the first things on the agenda, I thought it would be a good time to continue our M&A blog.
    FinlandCorporate/Commercial Law
    Attorneys-at-Law Trust Ltd
    Attorneys-at-Law Trust Ltd
  • Article

    The Finnish Government Launches A Growth Fund Investment Programme

    The Finnish Government has decided to launch a long-term growth programme aimed to strengthen the private equity investment market and to support the growth of SME companies.
    FinlandCorporate/Commercial Law
    Borenius
    Borenius
  • Article

    Supreme Administrative Court Ruling (Kho 2011:31) Concerning Taxation Of Board Member Compensation In Private Equity Portfolio Companies

    On 4 April 2011, the Finnish Supreme Administrative Court issued and published an advance ruling (KHO 2011:31) concerning the tax treatment of compensations for board member duties performed by a private equity company in a portfolio company of a managed private equity fund.
    FinlandFinance and Banking
    Borenius
    Borenius
  • Article

    FCCA Calls For Expanding The Obligation To Notify Mergers

    According to the Finnish Competition and Consumer Authority ("FCCA"), the current national turnover thresholds allow harmful merges to escape scrutiny by the authority.
    FinlandAntitrust/Competition Law
    Bird & Bird
    Bird & Bird
  • Article

    Certainty Is Now An Asset In The Investment Market

    During the past year there has been uncertainty in the market, and in the last few weeks the challenges of the banking sector have reached Europe as well. Private equity investors have, however, remained active.
    FinlandCorporate/Commercial Law
    Castrén & Snellman
    Castrén & Snellman
  • Article

    Court Ruling On Transfer Of Losses In Merger

    The merger between A Ltd and B Ltd was registered to the Finnish National Board of Patents and Registration in 2008.
    FinlandCorporate/Commercial Law
    Borenius
    Borenius
  • Article

    Investments In The Green Transition Require Courage And Cooperation

    Something unique has been developing in Finland in the past few years: we have a large number of companies that have leveraged scientific research and high-level technical expertise...
    FinlandCorporate/Commercial Law
    Castrén & Snellman
    Castrén & Snellman
  • Article

    Technology Acquisitions Can Boost Companies' Growth – Or Cause Them To Fail

    Digital transformation is one of the greatest drivers of our time, and due to the rapid pace of development, digitalisation has shifted from support functions to the core of the business.
    FinlandCorporate/Commercial Law
    Castrén & Snellman
    Castrén & Snellman
  • Article

    Cross-Border Merger Case To ECJ

    The Finnish Supreme Administrative Court decided on 7 March 2011 (KHO 2011:21) to request for a preliminary ruling from the Court of Justice of the European Union (ECJ) concerning the question whether a Finnish parent company may deduct the final tax losses of its Swedish subsidiary after a cross-border merger.
    FinlandInternational Law
    Borenius
    Borenius
  • Article

    A Change Of M.O. On Divestments In Merger Control

    For the first time in Finnish merger control history, parties to a merger committed to an upfront-buyer provision. On 19 April 2021, the Finnish Competition and Consumer Authority ("FCCA") ...
    FinlandAntitrust/Competition Law
    Bird & Bird
    Bird & Bird
  • Article

    Finland Adopts New Merger Control Thresholds

    The Finnish government has recently addressed a legislative proposal to the Finnish Parliament regarding amending the Finnish Competition Act.
    FinlandAntitrust/Competition Law
    Bird & Bird
    Bird & Bird
  • Article

    Castrén & Snellman’s 2025 Sustainability Report Has Been Published

    Castrén & Snellman's 2025 sustainability report reveals how the firm is helping clients navigate evolving ESG regulations while strengthening its own sustainability practices through carbon partnerships and strategic...
    FinlandCorporate/Commercial Law
    Castrén & Snellman
    Castrén & Snellman
  • Article

    Increasing Control Puts Additional Pressure On Small And Medium-Sized Mergers

    The merger market has witnessed ever tighter regulation and control in recent years. The new, lower turnover thresholds under the Finnish Competition...
    FinlandCorporate/Commercial Law
    Castrén & Snellman
    Castrén & Snellman
  • Article

    Change Brings Opportunities For Growth

    ‘We live in exceptional times' is a phrase that has defined this decade. Today's markets are swayed by a global trade war and an actual war in Europe, and all this is happening amid a historic technological transformation.
    FinlandTechnology
    Castrén & Snellman
    Castrén & Snellman
  • Article

    Legislation on Prospectus Liability Proposed to be Amended

    The Ministry of Finance recently issued the Report of the Prospectus Liability Working Group (the "Report") concluding that the current Finnish laws regulating prospectus liability are insufficient mainly because of lack of clarity and that they need to be revised.
    FinlandFinance and Banking
    Roschier
    Roschier
  • Article

    Cross-Border Mergers A Reality

    Traditionally, legal mergers between companies from different EU member states have not been possible, even though this has not prevented the use of the word “merger” in various contexts related to cross-border acquisitions.
    FinlandInternational Law
    Roschier
    Roschier
  • Article

    VAT Deductions For Private Equity Investors Under The Microscope

    In September 2025, the Supreme Administrative Court (SAC) issued a landmark decision KHO 2025:61, which partially revised the interpretative guidelines on the VAT deductibility of transaction costs...
    FinlandTax
    Castrén & Snellman
    Castrén & Snellman

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