Skip to main content

​
Overview

​
Identifiers

Collect two identifiers from each business customer in Finland and submit them as strings on the application body. Tax ID: Y-tunnus format: 7 digits + hyphen + check digit (e.g. 1234567-8). EU VAT ID = “FI” + Y-tunnus digits without hyphen (e.g. FI12345678). Single identifier used for all tax filings. Registration number: Y-tunnus format: 7 digits + hyphen + check digit (e.g. 1234567-8). EU VAT ID = “FI” + Y-tunnus digits without hyphen (e.g. FI12345678). Single identifier used for all tax filings.

​
Sector regulators

Finanssivalvonta/FIN-FSA · Suomen Pankki/Bank of Finland

​
How documents combine

For each evidence area, this table shows whether the listed documents are alternatives (any one of) or a bundle (all required). The artifact-by-artifact lookup follows below.

​
Documents to collect

The physical documents you’ll collect from your customer, with the evidence area each one proves. One document can prove multiple areas — for example, Brazil’s Cartão CNPJ covers both tax and business-registration proof, so it appears once with both areas listed. Not applicable in Finland: Operating Permit. Skip these areas — no local artifact exists.

​
Collection notes

  • Legal Registration: Downloadable from prh.fi or ytj.fi; confirms Y-tunnus, registered office, entity type, governing bodies, status; available in Finnish, Swedish, or English.
  • Constitutive Documents: Filed with PRH at incorporation; retrievable via prh.fi document service; Ay/Ky uses a partnership agreement (yhtiösopimus) instead of articles.
  • Tax Registration: Confirms Y-tunnus and registration status in VAT, prepayment, and employer registers; printable via MyTax (vero.fi); VAT number = FI + 8-digit Y-tunnus.
  • Sector-Specific License: Required for credit institutions (Laki luottolaitostoiminnasta 610/2014 §4), payment institutions and e-money institutions (Laki maksulaitoksista 297/2010), investment firms, insurance companies; licence register at finanssivalvonta.fi.
  • Governance Records: Lists board members (hallitus), chair (hallituksen puheenjohtaja), managing director (toimitusjohtaja), and any registered prokura holders (prokuristit) with signing-authority combinations.
  • Signing Authority: Signing authority (nimenkirjoitusoikeus) is registered in Trade Register; prokura grants broad commercial authority (Kauppakaari/Commercial Code); board resolution required for non-routine acts.
  • Address: Conduit universal policy: lease (no time bound) OR utility bill OR bank statement, with utility/bank dated within 90 days. Same evidence satisfies both registered-address and operating-address checks.
  • Good Standing: PRH does not issue a separate certificate of good standing; a current Kaupparekisteriote (Trade Register Extract) downloaded from prh.fi/virre or ytj.fi reflects live registration status including any de-registration or liquidation entries. Available in Finnish, Swedish, or English. Request issuance within 30 days for banking use.

​
Person roles

When you submit a person on the application body, set their role to one of Conduit’s canonical BusinessPersonRole values. Use this table to map a local corporate-governance title onto the right canonical role.

​
Notes

  • Single identifier: Y-tunnus serves as both the registry number and the corporate tax ID — collect one certificate; both businessInfo.taxId and businessInfo.businessEntityId take the same value.
  • Osakasluettelo is not public and not filed with PRH. The internal share register (OYL 624/2006 Ch. 3 §15) is maintained by the company itself; PRH does not hold it. For KYB, request the Edunsaajarekisteri extract from PRH plus a company-certified copy of the osakasluettelo directly from the entity.
  • Edunsaajarekisteri access requires legitimate-interest registration. Post-CJEU WM/Sovim (2022-11-22), general public access was restricted; Conduit as a regulated obliged entity must register with PRH and pay per-extract fees (€30) or hold an annual contract; access not automatic.
  • Oy minimum share capital was abolished 2019-07-01 (OYL amendment eff. 2019-07-01). Pre-2019 documents will show €2,500 minimum; this is no longer required. Do not reject entities with €0 registered capital.
  • Bilingual registry: extracts in Finnish/Swedish/English. Finland is constitutionally bilingual; Trade Register extracts and articles of association may be in Finnish or Swedish — request an English extract via PRH’s order service if needed for downstream review.
  • From 2026, all Trade Register notifications must be filed electronically (PRH mandatory online-only filing from 2026-01-01); paper-based historical filings still retrievable via PRH document order service.