Finland – 100 years
201712.06
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Finland – 100 years

Scandicorp congratulates Finland on 100 years of independence! Our Helsinki office will be closed today Wednesday the 6th of December but will reopen again on Thursday.

10 reasons why you should consider expanding your business into the Nordic countries
201707.12
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10 reasons why you should consider expanding your business into the Nordic countries

Despite cultural, economical and business  differences the Nordic countries have many positive aspects in common. The choice on where to locate a business in this part of the world will naturally depend on the specific nature of the business in question. Scandicorp will happily discuss with you about the benefits of a particular country for your…

International Women’s Day 2017: Sweden is the best country for women
201703.08
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International Women’s Day 2017: Sweden is the best country for women

Sweden is the best country in the world for women, at least according to a large american survey done by US News & World Report together with University of Pennsylvania and the brand consultants BAV Consulting. The survey ranks 80 countries around the world based on how closely people associate them with certain attributes such…

Finland’s Nokia introducing 4.9G
201702.17
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Finland’s Nokia introducing 4.9G

We are all waiting for 5G smartphones with super speed internet which will also pave the way for new 5G-related services like self-driving cars, large scale Internet of Things as well as new augmented and virtual reality applications, Finnish Nokia recently announced introducing its 4.9G technology. 5G technology networks are expected to arrive in 2018….

The Nordic nations among the most innovative economies
201701.19
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The Nordic nations among the most innovative economies

Bloomberg Markets recently published a survey ”The Battle of Ideas” ranking the most innovative countries in the World. South Korea topped the list. The silver medal was won by Sweden which climbed up one place from last year passing Germany. The Nordic countries are still highly ranked on the list: Finland as number five, Denmark…

201607.06
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Member of the Norwegian-Swedish Chamber of Commerce

Scandicorp, with offices in both Stockholm and Oslo, is now a member of the Norwegian-Swedish Chamber of Commerce in Stockholm. Both Scandicorp and the Chamber of Commerce share a common purpose: to help entrepreneurs and companies in either country to establish a presence in the other country. Scandicorp is convinced that many Norwegian companies would…

Finnish bank launches a credit card that lets users track their carbon footprint
201606.16
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Finnish bank launches a credit card that lets users track their carbon footprint

Baltic Sea Credit Card A small Finnish bank, Ålandsbanken, based on the autonomous Åland Islands but with offices in Finland and Sweden, is launching a new credit card to combat climate change. Made of renewable raw materials This new Baltic Sea Credit Card is made completely of renewable raw materials, is non-toxic and is biodegradable…

Norway, the happiest, richest, and safest country
201606.01
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Norway, the happiest, richest, and safest country

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The London-based think tank, the Legatum Institute, has again released its annual global Prosperity Index. This year’s index ranks Norway as the most prosperous country among 142 countries. The index compares 89 variables including traditional indicators like per capita gross domestic product and the number of people in full-time work in addition to factors such…

Sweden introduces a long awaited system for Tonnage Tax
201605.25
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Sweden introduces a long awaited system for Tonnage Tax

Yesterday the Swedish government submitted a proposal to the Parliament for a tonnage tax system that allows Swedish shipping companies to operate under competitive conditions similar to other countries in Europe. The aim of the government is to increase the competitiveness of the Swedish merchant fleet and increase the number of Swedish flagged vessels. “Tonnage…

Stockholm – The “Capital of Scandinavia”?
201605.17
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Stockholm – The “Capital of Scandinavia”?

This slogan and brand launched by Stockholm Business Region in 2005 is understandably controversial. The Danes and Norwegians call it “Typical Swedish megalomania”. Naturally, there is no such thing as a capital of Scandinavia just as there is no capital of Europe. The main arguments for Stockholm being the “Capital of Scandinavia”, according to Stockholm…

Nordea Bank launches platform for crowdfunding
201604.26
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Nordea Bank launches platform for crowdfunding

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Sweden’s Nordea Bank, the largest bank in the Nordic region, is launching a platform for crowdfunding where individuals can participate in the financing of unlisted companies through purchasing shares in such companies. The bank appears to be taking up the fight against startups in the fintech business. The platform is being announced today in Finland,…

201604.13
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Invest in Sweden! Economic Boom, Lower Unemployment and Increasing Exports

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Time to invest in Sweden? Yesterday, Swedish Finance Minister Magdalena Andersson raised the economic growth forecast for 2016 and predicted narrowing deficits in the coming years as an economic boom helps the nation cope with a record influx of asylum seekers. Gross domestic product will expand 3.8 percent in 2016 and 2.2 percent in 2017,…

201602.22
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Member of the Finnish-Swedish Chamber of Commerce

Scandicorp is today a member of the Finnish-Swedish Chamber of Commerce (FINSVE). The Chamber of Commerce helps especially small and medium sized Finnish businesses in entering the Swedish market. Scandicorp is convinced that many Finnish companies would benefit greatly from a presence in neighboring Sweden. Scandicorp will happily help with company formation and related accounting…

201601.25
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Finland and Sweden top Net Impact on Global Innovation

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Finland and Sweden rank 1st and 2nd respectively in how its domestic policies support worldwide innovation, according to an analysis released today by the Information Technology and Innovation Foundation (ITIF), a global technology policy think tank. The findings come in a new report assessing 56 countries—which together comprise close to 90 percent of the world’s…

201512.21
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Nordic countries are the best for business

Forbes gauged the World’s Best Countries for Business by grading 144 nations on 11 different factors: property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection and stock market performance. Denmark scored first, Norway third, Sweden fifth, and Finland sixth. New Zeland was second and Ireland fourth. For full article

201511.19
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Should we appoint an external auditor or not?

Today the Nordic countries have small company provisions making it unnecessary to appoint an external auditor if certain conditions depending on size of turnover, number of employees, and size of balance sheet are met. In the start-up phase of a company it may seem appropriate to save on costs and revert to the issues of…

201510.22
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Stockholm and Helsinki as the best cities for digital startups

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Stockholm was ranked third best followed by Helsinki as fourth best among 35 European cities for startups in a recent survey. The index released was created by UK-based innovation charity Nesta as part of the European Digital Forum. It rates cities by how well they create a supportive environment for digital companies, from local business…

201510.01
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Nasdaq to launch first north 25 index

Stockholm, October 1, 2015 — Nasdaq (Nasdaq: NDAQ) today announced the launch of First North 25, a new index for the 25 largest and most traded shares on Nasdaq First North and Nasdaq First North Premier. The First North 25 index will be launched and disseminated on October 15, 2015, and is an important part…

201509.30
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High Nordic rankings in Global Competitiveness

The Global Competitiveness Report 2015-2016 by The World Economic Forum assesses the competitiveness landscape of 140 economies. Switzerland followed by Singapore and the USA topped the list in this year’s study. Finland’s rank was 8th followed by Sweden as 9th. Norway and Denmark were 11th and 12th in overall rankings. The Global Competitiveness Report is…

201509.17
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Where to grow your business 2015

Grant Thornton, a large international network of independent accounting and consulting firms, just published their annual Global Dynamism Index (GDI) report for 2015 “Going beyond borders: Where to grow your business”. This index combines 22 indicators across five growth areas to rank the business growth environment of the 60 largest economies in the world. Finland…

201509.02
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Nordea Bank published an outlook for the Nordic countries

The economic performance of the Nordic countries still varies. Sweden is clearly in the lead, with high growth and rising employment. Also the Danish economy has entered a stable recovery phase, although at a more modest pace. Meanwhile, the otherwise strong Norwegian economy is losing steam due to the sharp drop in oil prices, and…