The abolishment of the minimum share capital requirement for private limited liability companies in Finland

Finland abolished the minimum share capital requirement of EUR 2.500 for private limited liability companies (LLCs) on July 1, 2019 as part of the government's deregulation goals. Depending on the interpretation, at least 10 other European Union (EU) Member States have abolished the minimum share capital requirement for private LLCs or equivalent company forms, reducing the requirement to EUR 1 or its equivalent in the 21^st century. Moreover, some European countries ...