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08.11.2017 // News //
Formation of legal entity and bank access

We will form a osuuskunta (cooperative) to have the legal existence needed. This will enable us to get a bank account and collect money for stakes, and then pay the rent and bills from this account.

Finnish bureaucracy requires a formal incorporation meeting and the election of a chairperson and managing director. We need at least seven members, otherwise we will have to pay mandatory health insurance and pension for everyone. We also need 380€ for the incorporation fee, and a bank account.