Tax Advisory Services for Foreign Companies in Finland

We help foreign companies entering Finnish markets with our professional Tax Advisory Services 

 

Are you a foreign company planning to start permanent business operations or undertake short-term projects in Finland? Navigating the complexities of Finnish tax laws can be challenging. By outsourcing your tax responsibilities to Econia,  you can ensure your business complies with all local regulations and maximizes its financial efficiency.

International companies operating in Finland need a partner who has extensive knowledge of local laws and regulations. Our broad experience in international projects and knowledge of local legislation will aid you to fulfill all your obligations under Finnish law. Whether you operate in a nuclear power plant, construction site, ICT, or any other field in Finland, we take care of your business setup and financial administration based on your needs.

Local tax advisory in Finland 

When planning to start a business in Finland, you will encounter many complex questions related to Finnish taxation, such as:

  • Who pays taxes to Finland and when?
  • What is the 183-day rule?
  • What is progressive tax card and tax-at-source card?
  • What about leased employees?
  • When does a company have a permanent establishment (PE) in Finland?
  • When do we have to do bookkeeping in Finland?
  • Are there different regulations in the construction industry?
  • Are we VAT liable? Do we need a VAT representative? 
  • What is prepayment registration?

These and other complex topics related to the company set up are handled by our payroll specialists in line with company´s obligations to serve our customers in the best possible way.

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Why choose our Tax Advisory Services?

  • Our team of  tax professionals has extensive knowledge of Finnish tax laws and international tax treaties. We provide tailored advice to help you understand and meet your tax obligations in Finland.
  • Whether you’re establishing a permanent establishment or conducting short-term projects, we offer a full range of tax advisory services.
  • If your company plans to set up a permanent establishment in Finland, we guide you through the entire process, from registration to ongoing compliance, ensuring a smooth transition and continuous adherence to Finnish tax laws.
  • For companies undertaking short-term or one-time projects in Finland, we provide specialized advisory services to address unique tax challenges.
  • Avoid costly penalties and legal issues by ensuring full compliance with Finnish tax regulations. Our proactive approach helps identify potential risks and implement effective solutions.

 

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Benefits of our services

  • Time and cost efficiency – Save time and reduce costs by outsourcing your tax advisory needs to a local experts.

  • Peace of mind – Operate confidently knowing your tax obligations are being managed by professionals.

  • Strategic insights – Gain valuable insights into the Finnish tax landscape, helping you make informed business decisions.

  • Personalized support – Receive tailored advice and support that aligns with your specific business needs and objectives.

Get Started Today! Don’t let tax complexities hinder your business success in Finland. Contact us today to learn more about our international tax advisory services and how we can support your business operations in Finland.

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Establishing a business in Finland – Things you should know about Finnish taxation

 

Tax administrators´registers

Registration of a foreign company to Finnish tax administrations’ registers means in general that:

  • Your company will be seen as a trusted partner to do business with in Finland.
  • You show that you are in Finland to do business on the longer term (tax-at-source card can be used for one separate project).
  • Your company can become a subcontractor to Finnish contractors.
  • Your company complies with the Contractor’s Obligations and Liabilities Act as far as Finnish registers are concerned.
  • You are registered and have a Business ID and possibly a VAT number.
  • If you are registered to the employer register, it means that you are taking care of the withdrawing of taxes on wages on behalf of your employees.
  • It does not mean that your company has a permanent establishment in Finland.

A fixed establishment brings a tax liability

If the activities of a foreign company in Finland are considered to constitute a permanent establishment, the company must pay income tax on its activities in Finland.

 

Prepayment register

No withholding tax need be paid on remuneration for work or use paid to an operator entered in the prepayment register. If the business that invoices the remuneration for work or services is not entered in the prepayment register, the purchaser of the service must submit a withholding tax return on the purchase price charged.

 

VAT and the tax register

A foreign trader who carries on business in Finland is often liable for VAT here. The company is obliged to register for VAT if it has a permanent establishment in Finland.

 

Register of employers

The Register of Employers is a register maintained by the tax authorities that lists information on employers who regularly pay wages. Employers in Finland have various obligations related to the payment of wages, such as withholding taxes, paying health insurance contributions and paying occupational healthcare contributions.

In Finland, wages are reported through the Incomes Register. If the entrepreneur or company is an employer who pays wages on a regular basis, it must be registered in the employer register.
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When you need a local partner in Advisory Services,

contact our success makers and let's make it happen.

Mikko Hirvilammi

Financial and Advisory Services Manager

Heimo Alatalo

Director