Finnish Startup Permit enables entrepreneurs from outside the EU to establish a startup company in Finland. Applying for the permit is an easy two-step process that can be done online. First, you need to receive an Eligibility Statement from Business Finland, which assesses whether your business is suitable for the...
Blog & News
Third time’s the charm? EU, U.S. announced new data privacy framework
On March 25th 2022 the European Commission (EC) and the United States announced a new Trans-Atlantic Data Privacy Framework. The goal is to foster data flows between the two continents and address the concerns the Court of Justice of the European Union (CJEU) raised. Altogether, this is now the third...
New Rules for Non-Competition Clauses – What’s Changed?
The Finnish Employment Contracts Act has been amended, and the regulation of non-competition clauses has changed. The changes are important, and employers should be aware of what’s changed and what to do next. Let’s go through the most important changes to legislation, and practical steps to take in your company.
How does EU’s mission to create harmonised rules for supply of digital content affect the gaming industry?
The European Parliament and the Council adopted the digital contracts directive in May 2019, and Member States have two years to implement the directive in their national law. The new rules will then begin to apply all around EU by the end of 2021. In Finland, the Government has recently...
EU and WTO Members Reach Deal to Simplify Trade in Services
On December 2nd, 67 members of the World Trade Organization (WTO), including the European Union, concluded negotiations on an agreement to simplify trade in services and to reduce red tape in that sector. The signatories, including key players such as the United States, the United Kingdom, EU, and China, represent...
New guidelines on the use of cookies clarify the practices for giving consent
The Finnish Transport and Communications Agency, Traficom, has published new cookie guidelines for both website users (in Finnish) and service providers (in Finnish) in September 2021. The guidelines also apply to other tracking technologies similar to cookies, such as tracking pixels and cookies stored through mobile applications. The aim of the guidelines is, in...
Growth Academy – NDAs: Back to Basics materials now available
The materials from Lexia Growth Academy webinar: NDAs - Back to Basics, held on Wednesday 15 September, are now available. If you attended our event but forgot to take notes, you don’t need to worry! You can now download the presentations or watch the recording down below. Lexia Growth Academy...
Stricter Rules for Gambling in Finland – What You Need to Know About the Upcoming Lotteries Act Reform
In Finland, the rules for gambling are strict. The only accepted operator in the Finnish gambling market is the state-owned monopoly Veikkaus and although Finns can gamble online on international websites, marketing such games for Finnish consumers is also prohibited. The government is now preparing another reform of the Lotteries...
Growth Academy September: NDAs – Back to Basics
Are your confidentiality agreements in order? Have you wondered about how they are implemented in practice? Come join our webinar to find out! Our next Growth Academy will be held on 15 September 2021 at 9:30-10:30. We will go through the basics of NDAs. Register now!
Taxation of eSports in Finland should be clarified
While eSports is classified as sports in Finnish taxation, it involves several interpretative factors within the field of tax law. One issue that gamers face, is the versatile stream of income which cause uncertainty under the current tax regime. For many, the most important source of income are tournament prizes,...