Practices

Tax

Languages

Finnish, English, Swedish, German

Assistant

Elli-Noora Karttunen

Joakim Frände

Specialist Partner Tax

Practices

Tax

Languages

Finnish, English, Swedish, German

Assistant

Elli-Noora Karttunen

Joakim specialises in domestic and international taxation of individuals. He has several years of experience in the planning and implementation of key person remuneration such as bonus programmes, share awards, options, restricted stocks (RS), restricted stock units (RSU), share appreciation rights (SAR), FCPEs, and management incentive programmes.

Joakim regularly advises clients especially on matters relating to relocation and cross-border taxation of individuals and employer obligations and social security contributions in different reward schemes and assignment setups. Furthermore, Joakim assists clients during active tax audits. Joakim also represents private individuals, family offices, and family-owned companies in all aspects of tax litigation, including advance rulings for both tax and social security purposes, corrections claims, and disputes before administrative courts and the Supreme Administrative Court. In recent years, he has also defended clients in cases where the client is subject to criminal investigations and accused of tax fraud or white-collar crimes. During large corporate acquisitions, he regularly advises buyers and sellers on all matter related to private individuals’ tax and social security aspects.

Selected References

Counsel to a client in the engineering and construction sector in arrangement of group internal foreign postings. The advice concerned questions within employment, social security, and tax regulations.

Contacts

Parties:

Applied Materials Inc. (buyer), Picosun Oy (target)

Transaction:

The acquisition of Picosun Oy, an innovator in atomic layer deposition (ALD) technology, primarily for specialty semiconductors.

Deal Value:

Value not public

Role:

Finnish counsel to Applied Materials Inc.

Contacts

Parties 

Angel Pond Holdings Corporation, MariaDB Corporation Ab

Transaction 

Combination of Angel Pond Holdings Corporation and MariaDB Corporation Ab by way of a domestication merger and cross-border merger, and related transactions

Deal Value 

USD 672 million (implied enterprise value of the combined company)

Role

Finnish counsel to Angel Pond Holdings Corporation

Contacts

Parties 

Staffbase GmbH, Valo Solutions Oy

Transaction 

Staffbase’s acquisition of Valo Solutions, the Finnish-based leading provider of intranets and workplace solutions.

Deal Value 

Value not public

Role

Counsel to Staffbase GmbH

Contacts

Parties
Vungle, Inc. (Buyer), GameRefinery Oy (Target)

Transaction
Vungle, Inc.’s acquisition of GameRefinery Oy

Deal Value
Value not public

Role
Counsel to Vungle, Inc.

Contacts

Parties

Amazon (Buyer), Umbra (Target)

Transaction

The acquisition of Umbra by Amazon. 

Deal Value

Value not public

Role

Counsel to Umbra

Contacts

Rankings

  • "We have worked with Joakim Frände and value swift and good quality advice and information.", Tax, Legal 500, 2025
  • "Joakim Frande is great in taxation of individuals.", Tax, Legal 500, 2024
  • "Joakim Frände provides excellent tax advice with a deep understanding of international matters.", Tax, Legal 500, 2023
  • Key Lawyer, Legal 500

Memberships and Positions of Trust

  • Member of the Law Society of Finland (Juridiska Föreningen i Finland r.f.)
  • Member of International Fiscal Association (IFA)
  • Member of the Finnish Bar Association
  • Member of the Association of Finnish Lawyers (Juristiliitto)
  • Member of Suomalainen Lakimiesyhdistys
  • Member of Suomen Veroasiantuntijat ry

Professional Background

  • Specialist Partner, Hannes Snellman, 2024–
  • Counsel, Hannes Snellman, 2020–2024
  • KPMG, 2017–2020
  • University of Helsinki, 2005–2017

Education

  • Doctor of Laws, University of Helsinki, 2013
  • Master of Laws, University of Helsinki, 2005

Publications

  • Tuloverotus. 8. uudistettu painos. Talentum Pro. Helsinki 2016. Authors: Andersson, Edward – Linnakangas, Esko – Frände, Joakim.
  • Inledning till skatterätten. Åttonde upplagan. Forum Iuris. Helsingfors 2014. Authors: Andersson, Edward – Frände, Joakim.
  • Doctoral thesis, Monograph: Dubbelboende vid beskattningen av fysiska personer. Monografi. Suomalainen Lakimiesyhdistys. Helsinki 2013.
  • Participation in updating the annually published book Elinkeinoverotus by KPMG, 2017–2020
  • Finnish Chapter in Lexology In-Depth: Executive Remuneration, 13th Edition, 2024 (co-author)
  • Finnish Chapter in The Private Wealth & Private Client Review, 12th Edition, 2023 (co-author)
  • Finnish Chapter in Lexology In-Depth: Executive Remuneration (formerly The Executive Remuneration Review), 12th Edition, 2023 (co-author)
  • Finland Chapter in The Private Wealth & Private Client Review, 11th Edition, 2022 (co-author)
  • Finnish Chapter in The Executive Remuneration Review, 11th Edition, 2022 (co-author)
  • Finland Chapter in The Private Wealth & Private Client Review, 10th Edition, 2021 (co-author)
  • Finnish Chapter in The Executive Remuneration Review, 10th Edition, 2021 (co-author)

Speaking Engagements

  • Verorikospäivä, Association of Finnish Lawyers, speaker, 2024
  • Aalto Tax Day, speaker, 2024
  • Verorikospäivä, Association of Finnish Lawyers, speaker, 2023
  • Verorikospäivä, Association of Finnish Lawyers, speaker, 2022