Corporate taxation in Finland
![20%](/contentassets/380f50697e1542bc9591a4fc1ec6daa4/kuva_yhteisojen_tulovero.png?preset=textbox-480w)
Corporate income tax
Income tax rate for limited liability companies and other corporate entities is 20%. Business income is divided into earned income and capital income.
![24%](/contentassets/0e51ae75ba2f4668841c5e2d3227fbf2/kuva_arvonlis%C3%A4vero.png?preset=textbox-480w)
Value-added tax
VAT is paid on the sales of goods and services. The standard VAT rate is 24%. Companies that are registered for VAT must regularly file VAT returns.
![6.00-31.25%](/contentassets/6e252d0b1d2b48bba688b742f38ba277/kuva_earned-income.png?preset=textbox-480w)
Earned income
Resident taxpayers are individuals whose home is in Finland or who stay in Finland for longer than 6 months. Earned income (e.g. wages and salaries) is subject to progressive state income tax, municipal income tax and the health insurance contribution.
![1.5%](/contentassets/b60bb28a52124bf39cd952258ed3bc8f/kuva_transfer-tax.png?preset=textbox-480w)
Transfer tax
Transfer tax on corporate stock, shares in a housing company or a real estate company and other securities is 1.5%, transfer tax on real estate and buildings is 3%.