← Start a business
KF Biz guide
Startup Checklist
A simple checklist for getting a new business ready to operate in Finland. Work through it in order, but adapt it to your industry and situation.
01 · Business idea
Validate the idea
Define what you sell and the problem it solves.
Identify your target customers.
Research competitors and alternatives.
Test whether customers are willing to pay.
Write a basic business plan.
02 · Business structure
Choose how to operate
Choose the business form that fits your situation.
Choose a business name and check its availability.
Define your business activity and main services/products.
Check whether your industry needs permits or notifications.
03 · Registration and taxes
Set up the business
Submit the correct start-up notification through YTJ or the appropriate Tax Administration service.
Check Trade Register requirements.
Check Prepayment Register requirements.
Check VAT registration requirements.
If you employ people, check Employer Register and employer obligations.
04 · Money and records
Build the financial routine
Open and organise a business bank account.
Choose your bookkeeping method or accounting service.
Create a system for receipts and business expenses.
Set up invoicing and payment terms.
Estimate startup costs and monthly operating costs.
Set prices with VAT and profitability in mind.
05 · Insurance and compliance
Protect the business
Check whether YEL applies to you.
Check mandatory insurance for your industry.
Consider appropriate voluntary insurance.
Check contracts, customer terms and data-protection responsibilities.
06 · Sales and launch
Prepare for customers
Create a clear offer and pricing.
Prepare a simple website or landing page.
Set up professional email and customer contact details.
Decide how customers will find and contact you.
Prepare your first sales message.
Get your first customer and improve from real feedback.
Important: A checklist cannot replace checking the requirements for your exact business. Permits, insurance, tax and employment obligations can vary by industry and circumstances.
Official sources
Useful starting points
- Suomi.fi — Launching business operations in Finland
- Suomi.fi — Checklist for start-up entrepreneurs
- Suomi.fi — Forms of enterprise
- Finnish Tax Administration — VAT registration
Information checked October 2026. This guide is general information, not legal or tax advice.
Need help?
Turn the checklist into a plan.
KF Biz can help you organise your startup steps and build a practical business plan.