Your Finnish business account, in English
Open and run your business account in English with a Finnish IBAN, invoicing, and a real-time VAT view. Add a Finnish accountant if you don’t want to do the books yourself.
Payment institution authorised by the FIN-FSA, since 2011
For entrepreneurs new to Finland
ou’ve moved to Finland and you work on your own, as a consultant, developer, designer, translator or coach. Whether you’ve run a business for years or this is your first, you can set it up and run it in English with Holvi.
Still deciding whether to start a business in Finland? Check out the excellent resources on Business Finland
Open your account in three steps
To get started, you’ll need to live in Finland, have a registered business with a Business ID (Y-tunnus), and have Finnish online banking credentials or Mobile ID.
Start the signup in English and share a few basic details about yourself and your business.
Then download and log in to the Holvi App on your mobile device to verify your identity with your Finnish online banking credentials or Mobile ID.
Tell us what your business does and your expected turnover. Then upload a trade register extract, or a YTJ screenshot if your sole trader business isn’t in the trade register.
Our team reviews your details and emails you as soon as your account is ready to use.
Don’t have Finnish banking credentials or Mobile ID yet?
If you don’t have a Finnish Bank ID or Mobile ID, we’re unfortunately unable to provide an alternate verification method at this time.
Have a question about your situation? Our support team will answer in English.
Have a question about your situation?
Have a question about your situation? Our support team will answer in English.
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Run your business in English
Holvi’s online banking, cards, invoicing, and bookkeeping prep all work in English. Send invoices and e-invoices to your Finnish clients straight from your account.
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Get paid like a local business
Your account comes with a Finnish IBAN and BIC. Clients, the tax authority and your accountant deal with you as a Finnish business.
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Keep on top of your VAT
The VAT calculator shows how much to set aside for tax time. A real-time profit and balance forecast shows what’s coming in and out, and what’s left after expenses.
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Sort out your YEL insurance
YEL pension insurance is mandatory for self-employed people in Finland once their earnings pass the yearly threshold (€9,423.09 in 2026). Holvi partners with a YEL insurance provider to make it as easy as possible for you to sort it out.
Hand your books over to a Finnish accountant
You don’t have to learn Finnish accounting to run a business in Finland. With Holvi Zen+ or Holvi Zen, a Finnish accountant takes care of your bookkeeping and VAT declarations in English, for a fixed monthly fee.
- Holvi Zen+ for sole traders and limited companies with double-entry bookkeeping, €99/month + VAT.
- Holvi Zen for sole traders with single-entry bookkeeping, €79/month + VAT.
- Both come with your business account, cards, invoicing and online store, plus personal tax support in English.
Know what your first year costs
Plans start from €0 a month with Holvi Flex, where you pay only for the transfers you need.
Holvi Pro includes invoicing and 500 SEPA transfers a month, for €15/month + VAT on a one-year subscription.
“Holvi has truly made managing business finances as easy as it can possibly be – and simple enough that even I can handle it.”
Entrepreneur
Frequently asked questions
Sign up online in English and verify your identity in the Holvi App with your Finnish online banking credentials or Mobile ID. Then add your business details and upload a trade register extract, or a YTJ screenshot if your sole trader business isn’t in the trade register. Our team reviews your details and emails you when your account is ready. Holvi is a payment institution authorised by the FIN-FSA, so your Holvi account is a payment account.
If you don’t have a Finnish Bank ID or Mobile ID, we’re unable to provide an alternate verification method at this time. We know it can be difficult for foreign citizens to obtain such an ID after arriving in Finland, and we sympathise with this issue, truly. However, for the time-being this is our only accepted way of proving it’s really you opening an account.
If your business is registered in Finland but you live elsewhere, contact us: sole traders need to live in Finland, and users of a limited company need to live in the EEA, the UK or Switzerland. Submit a request here and we’ll get back to you in English.
You verify with your Finnish online banking credentials or Mobile ID. Holvi can’t verify your identity with documents alone, but we might ask for a copy of your passport if we need more information. Temporary ID documents aren’t accepted.
Your business needs to be registered before you can open a Holvi account. For a sole trader, we ask for a trade register extract no older than six months, or a YTJ screenshot if you’re not in the trade register. For a limited company (Oy), we ask for a commercial register extract no older than six months. You can add your VAT number later if you don’t have it yet.
Our support team answers in English and Finnish, and a real person handles your question.
With Holvi Zen+ or Holvi Zen, a Finnish accountant takes care of your bookkeeping and VAT declarations in English, for a fixed monthly fee.
Hiring your first employee?
Give your team shared access to the account, assign corporate cards and get basic payroll services.
Sell online to Finnish customers
Set up a ready-made online store where customers pay with their own Finnish bank’s payment button.
Bank connections
Connect Holvi to the Finnish accounting software your accountant already uses.