Case 1:

EU based foreign company enters nuclear power plant in Finland

Foreign EU based company operating in nuclear power plant wants to set up its operations based on Finnish law and regulations. The foreign company employs 10 engineers and has a contract for more than 12 months.

As a subcontractor, the company needs to be registered to the Finnish prepayment, VAT and employer register.

Econia takes care of company´s setup, registration, accounting, payroll and reporting for company´s Finnish business. Additionally, documentation according to the contractor´s liability act is taken care of.

Employees personal taxation is paid to Finland. Employees are posted workers, so Econia acts as a local representative for the company and its workers.