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    The content concerns Finnish legislation.
     

    Protection of Minority Shareholders

    The provisions on minority protection mainly aim at preventing the misuse of majority power and at protecting the position of the minority shareholders in a limited liability company.One tenth (1/10) of all the shares of the company is usually sufficient for a minority decision.

    Minority decisions are, among other things, the following:

    • postponement of the consideration of a matter regarding adoption of the annual accounts and use of profits to a continuation meeting: 1/10 of all shares;

    • appointment of an auditor even if the law or the articles of association does not require that: 1/10 of all shares or 1/3 of all shares represented in the meeting;

    • minority dividend [Minority Dividend]⁠: 1/10 of all shares.

    Laws (FINLEX)

    • Limited Liability Companies Act⁠

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