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Do you want to do business in Finland? Working in Finland in business requires a residence permit. Getting one today is not easy, but with the help of a good expert, it is possible. NordGuide Oy’s senior advisor Ari Huhtala has years of experience in consulting related to starting and developing businesses as well as obtaining residence permits, and he can help you in this matter.

Banks in Finland and also elsewhere in the European Union no longer easily open bank accounts for entrepreneurs with foreign backgrounds. Therefore, the best way to get a residence permit to do business in Finland is to buy a working, preferably profitable company. There are such companies available in Finland, so you just have to find them, choose the most suitable one and analyse the company’s situation, so that it is worth to pay enough but not too much for the company, so that the acquisition takes place. Our expert helps You in analysing the target company, in the buying negotiations, in drawing up the bill of sale and other necessary agreements, and in applying for a residence permit in Finland. Very likely, with the help of an expert, the purchase price will be reduced in such a way that you can easily pay the expert’s fee with this discount. This kind of acquisition, taking over and developing the purchased company requires some capital in any case.

Were you interested? If yes, please contact: Ari Huhtala, NordGuide Oy, www.nordguide.fi, ari.huhtala@nordconsult.fi, phone +358 40 0691 449.

NordGuide Oy will be happy to help you again to apply for cost support for companies. This time the application round is the sixth and it will open on Tuesday 26.4.2022. The application round will be closed on 31.5.2022.

The application round reimburses companies that have suffered from public-sector restrictions related to the fight against the corona pandemic. Therefore, the support is particularly important e.g., for companies in accommodation, events and tourism, but without further consideration. In addition, support may be granted on a discretionary basis to companies in a number of other sectors that have suffered from restrictions imposed by public administrations. It should be noted, however, that a mere recommendation from an authority is not sufficient to justify the support granting outside the business categories, mentioned above. Thus, for example, a remote work recommendation to a company’s customers does not justify support to a company outside these business categories.

Cost support is available if the company’s turnover has dropped by more than 25 per cent from 1 December 2021 to 28 February 2022 compared to the same period in 2019 and 2020. There is a 25% deductible for cost support, i.e., if the turnover drop is 40%, then the support is 40 – 25% = 15% of the not flexible costs.

The closure compensation will only be paid to enterprises, that apply for it within the application period. The application round will be opened on Tuesday, Mach 22, 2022. We in NordGuide Oy will help you to prepare an application for this compensation for your enterprise.

The closure compensation is intended to compensate companies whose business has suffered as a result of the closure orders related to the attempt to restrain the coronary pandemic and the prohibition or significant restriction of the public events. This time the compensation applies to closures imposed during the period from 21 December 2021 to 28 February 2022 or to the prohibition of holding public events. The closure compensation is intended for a company whose premises have been kept closed to customers, in whole or in part, between 21 December 2021 and 28 February 2022, pursuant to an act or order of the authority relating to the management of the COVID-19 pandemic. In addition, the closure compensation is intended for public events that were prohibited between December 21, 2021 and February 28, 2022. Completely or partly closed companies can also apply for cost support, provided that the conditions for support for the company are met. The 6^th application round of so called cost compensation will be opened on Tuesday, April 26, 2022.

The closure compensation is intended for companies that were ordered to close

1. Completely: The company’s premises were completely closed in accordance with section 58 g § of the Communicable Diseases Act. The municipality or regional government agency has ordered the closure of, for example, sports facilities and gyms, public saunas, spas and swimming pools, dance venues, choir singing and amateur theater facilities, amusement and theme parks, indoor playgrounds and venues, and shopping centers.

2. In part: Restaurant establishments which, due to restrictions, have not been able to conduct their business. The restaurants, which had to be closed to customers, such as dinner restaurants and nightclubs, is considered partly closed. If the company had a take-away sale after 6 p.m., the sale is included in the portion of the closed business.

3. For organizers of public events: If the ban has caused cancellation of the public event. Restricting the number of audiences to such a small size that it was not possible to organize the event is also equated with banning a public event.

Please contact me, so that we can look together, if your business could be eligible for this closure compensation.

The experienced business advisor Ari Huhtala from the company NordGuide advises you on the possibilities to obtain financial support or financing to develop or raise your business. The consultation takes place in three stages:

1. The expert will first analyse your business and, based on this analysis, make a list to you of suitable and possible sources of support and other financing to develop or grow your business. You will receive this list with additional information links for more detailed information. The price for this phase is EUR 300 + 24% VAT, totally EUR 372.

2. Next, the expert will consider with you the most promising sources of funding and select together with you the one or couple, from which source it would seem worthwhile to apply for funding.

3. The expert will help you to prepare a funding application and help you to provide possibly required additional information to the financier. This expert work is done on an hourly charge basis, i.e. the price of this service depends on how much expert time is required to prepare the application and follow up.

Are you interested? If you are interested, please contact us.

NordGuide Oy will be happy to help you again to apply for cost support for companies. This time the application round is the fifth and it will open on Tuesday 21.12.2021 and the application period ends on February 18, 2022. This time the support will be paid for the period 1.6.2021 to 30.9.2021.

The application round reimburses companies that have suffered from public-sector restrictions related to the fight against the corona pandemic. Therefore, the support is particularly important e.g. for companies in accommodation, events and tourism, but without further consideration, totally 41 business field categories are covered. In addition, support may be granted on a discretionary basis to companies in a number of other sectors that have suffered from restrictions imposed by public administrations. It should be noted, however, that a mere recommendation from an authority is not sufficient to justify the support granting outside the business categories, mentioned above. Thus, for example, a remote work recommendation to a company’s customers does not justify support to a company outside these business categories.

Cost support is available if the company’s turnover has dropped by more than 30 per cent from 1 June to 30 September 2021 compared to the same period in 2019. There is a 30% deductible for cost support, ie if the turnover drop is 40%, then the support is 40 – 30% = 10% of the not flexible costs

Below is a list of business categories, that are on the support list without further consideration:

Koodi	Toimiala
49310	Paikallisliikenne
49320	Taksiliikenne
49391	Säännöllinen linja-autojen kaukoliikenne
49392	Linja-autojen tilausliikenne
55101	Hotellit
55109	Motellit, matkustajakodit ja vastaavat majoitusliikkeet
55201	Retkeilymajat
55209	Lomakylät yms. majoitus
55300	Leirintäalueet, asuntovaunu- ja matkailuvaunualueet
55901	Asuntolat ja täysihoitolat yms.
55902	Maatilamatkailu, bed & breakfast
55903	Lomamökkien vuokraus
55909	Muualla luokittelematon majoitustoiminta
56101	Ravintolat
56102	Kahvila-ravintolat
56103	Ruokakioskit
56210	Pitopalvelu
56290	Henkilöstö- ja laitosruokalat
56301	Olut- ja drinkkibaarit
56302	Kahvilat ja kahvibaarit
59140	Elokuvien esittäminen
74901	Ohjelmatoimistot ja manageripalvelut
79110	Matkatoimistojen toiminta
79120	Matkanjärjestäjien toiminta
79900	Varauspalvelut, matkaoppaiden palvelut ym.
82300	Messujen ja kongressien järjestäminen
90010	Esittävät taiteet
90020	Esittäviä taiteita palveleva toiminta
90030	Taiteellinen luominen
90040	Taidelaitosten toiminta
91010	Kirjastojen ja arkistojen toiminta
91020	Museoiden toiminta
91030	Historiallisten nähtävyyksien, rakennusten ja vastaavien kohteiden toiminta
91040	Kasvitieteellisten puutarhojen, eläintarhojen ja luonnonpuistojen toiminta
93110	Urheilulaitosten toiminta
93120	Urheiluseurojen toiminta
93130	Kuntokeskukset
93190	Muu urheilutoiminta
93210	Huvi- ja teemapuistojen toiminta
93291	Hiihto- ja laskettelukeskukset
93299	Muualla luokittelematon huvi- ja virkistystoiminta

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Maybe you need a sparring and/or problem shooting session in this in your own language?

Is there a problem affecting Your business, or do You possibly have a good business idea, which You would like to discuss in Your own language with an experienced business advisor? Your question may be related to the profitability of Your business, to a new business idea, to taxation, financing, contractual matters, or maybe to debt collection, and you feel that you do not get sufficient support in this kind of questions from Your accountant. Then you could benefit from a sparring and problem shooting session in Your own language with an experienced business advisor.

A one-hour session with an experienced business professional costs 120 euros + VAT, or a total of 148.80 euros. This hour and these spent euros may well prove to be very valuable to You and to the future of Your business.

Please call us and we will arrange an appointment! The consultation session can be held either in person in our office at Itäkeskus in Helsinki or remotely by video meeting. Senior Advisor Ari Huhtala, NordGuide Oy, tel. +358 40 0691 449.

There is still time until 30.9.2020 to apply for the corona-support!

We will help You with the application – be in touch!

More info in this link.

1. Car painting and repairing workshop

Car painting and repairing workshop in Helsinki, whose services include:

• car paintings,
• sheet metal repairs of cars,
• plastic repairs of cars,
• car electrical repairs,
• car inspection repairs and
• car accident repairs.

The company has 3 permanent employees and a turnover of approx. 200,000 euros. In the market area is even more demand for the company’s services, so there would be an opportunity to expand its business if additional skilled employees are hired to the company. The company has a repair workshop at a good location in Helsinki and has necessary equipment and tools for its work. The company’s business provides good opportunity to obtain a residence permit in Finland. Price request 110,000 euros.

2. A taxi company in the Finnish capital region

A taxi company operating with 8 taxi cars in the Finnish capital region. The company has 4 drivers in employment and 4 drivers as subcontractors. The company is still quite new and operations are still growing. The company’s operations are sold in either one or two parts. The company’s business provides a good opportunity to obtain a residence permit in Finland. The price request will be announced in connection with trade negotiations.

3. Confectionery café in Helsinki on a franchise basis

A franchised confectionery café in a good business location in a lively shopping centre in Helsinki. The confectionery cafe sells oven-fresh buns, pastries, cookies and stuffed cakes, as well as savoury pies. All products are hand-baked and do not contain additives or preservatives. The business is well suited for a family and provides good opportunity to obtain a residence permit in Finland. The price request will be announced in connection with trade negotiations.

4. Camping and cottage accommodation in Finland

Some alternative camping and cottage accommodation companies in different locations in Finland are available for purchase. These businesses are well suited for families and provides good opportunity to obtain a residence permits in Finland. The price request depends on the object in question and the price will be announced in connection with negotiations.

Additional information: Ari Huhtala, tel. +358 40 0691 449, e-mail: ari.huhtala@nordconsult.fi