Essentials for Establishing Business in the Nordics

Bird & Bird is an international law firm with a focus on helping organisations being changed by technology and the digital world. Therefore, they have put together this guide of navigating you in the basics of how to navigate in the Nordic business environment and which Nordic country is best to set up your office in. Bird & Bird has over 1,400 lawyers in 30 offices across Europe, Africa, the Middle East, Asia-Pacific and North America. Download their brochure free of charge via this link.   

The Nordic countries offer a very attractive business environment with a well-educated and skilled workforce. The Nordic region is known for its ingenuity and know-how, but also for its relatively unique welfare systems. This, together with a low degree of corruption and a high degree of trust amongst the citizens for the state and business environment that work in tandem with it, provides a unique sphere that many non-Nordic corporations have already discovered.

Despite the many similarities between Finland, Sweden and Denmark, both in terms of history and cultural values, there are notable differences when it comes to the approach taken to establish a business friendly environment.

HR professionals and other individuals with a pan-Nordic responsibility need to be aware of these differences, as methods and practices that have proved to work perfectly in one country, might not work in another.

The purpose of this brochure is to provide a quick overview of basic elements relevant for establishing and building your business in the Nordic region, including assisting in the process of deciding in which country to start. The brochure further gives insight to the finer differentiating elements between these countries.

This guide is intended to provide an overview only. It does not constitute formal legal advice.