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,...
Lexia Attorneys and law firm Ferenda’s Oulu office will merge. The acquisition supports Lexia’s strategic aim to combine strong local expertise with a broad nationwide and international network of professionals. The merger will provide businesses in the Northern Finland economic area access to a modern, international law firm that focuses...
Last week, Apple announced that it will change the App Store policies as a part of a settlement in the class-action lawsuit brought by US app developers against Apple in 2019. The agreement includes, in addition to a $100 million payment form Apple, changes in how developers can contact customers...
The Commission revealed its much-anticipated, first ever proposal for a legal framework on AI The proposal, called the ‘Regulation laying down harmonised rules on artificial intelligence (Artificial Intelligence Act)’, is first of its kind. There has not been a specific, harmonised legislation regulating the provision or the use of AI...
During spring 2021, we held three one-hour Growth Academy webinars on burning topics and interesting issues related to Finnish legislation. The Growth Academy webinars offer a free and easy way for a busy startup entrepreneur to get on the scope of the legal stuff that might affect your business. Watch...
The Epic Games v. Apple trial aka (possibly) the most epic legal showdown in the video game industry history started on May 3rd in the US District Court of Northern California. Disputes arose between the two companies when Epic Games made updates to its best-selling online video game, Fortnite, attempting...
Join our webinar on Friday 4 June 2021 at 9-10 Non-competition clauses are a well-known provision found in employment contracts and shareholders’ agreements. When do you need to use it and how does it work? Finland’s government has released a proposal that employers in Finland would be required to pay...
The Finnish Patent and Registration Office (PRH) has given its decision regarding the Kalevala dispute Dispute arose between two Finnish companies over the use of the name ‘Kalevala’, when a Helsinki based Finnish cultural tourism project called Kalevala kartalle wished to use the word ‘Kalevala’ in its logo. Kalevala Koru, a Finnish company creating traditional jewelry, filed an opposition to the trademark registration, claiming that there is a risk of confusion with the project’s...
In September 2020, we discussed the Epic Games vs. Apple (and Google) case in our blog post. To cut a long story short, Epic Games introduced a new payment system for its best-selling mobile game, Fortnite, offering an alternative in-app purchase method. The new payment system bypasses the 30 %...
Despite the global pandemic, records are being broken in the Finnish startup community Last year, Finnish startups attracted a record-breaking amount of funding. The growth funding raised by domestic startup companies almost doubled compared to the previous years. The total amount invested in Finnish startups in 2020 was EUR 951...
