Do you have promising startup or growth company and you are keen to take next step to achieve your goals? Let us help you to provide more boost and valuation for your business. Did you know that we have the Legal Equity Service for promising startups in Lexia Growth? There...
Finnish legislation is being prepared to comply with the cross-border business conversions directive that will enter into force in the end of January 2023. The directive removes the obstacles that hinder the freedom of establishment of companies in the European Union. Legislative amendments under preparation to the Limited Liability Companies...
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...
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.
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...
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...
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...
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...
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...
