Payroll Services for Foreign Companies in Finland
Payroll outsourcing services in Finland
Are you a foreign company planning to start permanent business operations or undertake short-term projects in Finland? Do you have employees in Finland? Managing payroll in accordance with Finnish regulations can be complex and time-consuming. Our specialized payroll services ensure your business complies with all local requirements and operates smoothly.
Payroll administration can be set up in various ways. Some international companies need full payroll administration according to Finnish regulations, others need our consultation in payroll management or a more tailored payroll solution. International payroll companies are also our partners and Econia acts as their local payroll partner in Finland. Our payroll service includes issues relating to personal taxation of employees. Why do we need tax numbers? Do we need to go to the tax office? These, and many more questions are answered by our payroll specialists.
Turnkey payroll services for businesses of all sizes
Outsourcing payroll services to a local partner often makes sense for companies operating abroad. Whether you need full payroll administration or consultation on payroll management, we offer a full range of services to support your business, including:
- Full Payroll Administration – Complete payroll processing in compliance with Finnish regulations.
- Consultation Services – Expert advice on payroll management to optimize your payroll processes.
- Taxation Assistance – We provide specialized advisory services to address unique tax challenges both regarding personal and company taxation.
- Partnership with International Payroll Companies – We act as a local payroll partner in Finland for international payroll companies.
- Outsourced Financial Management – We provide also other financial and HR services through us, including accounting, PEO (Professional Employer Organization Services), Staffing & Recruitment.
Our team of experienced payroll specialists has in-depth knowledge of Finnish payroll regulations and international payroll management. We provide comprehensive payroll administration tailored to your specific needs.
Benefits of our service
We offer tailor-made outsourcing services, including modern digital payroll management systems and support. You can outsource your entire payroll administration or select individual processes.
- Save time and reduce costs by outsourcing your payroll needs to a local experts.
- Operate confidently knowing your payroll obligations are being managed professionally, and rest assured that your salary calculations are performed accurately and on time.
- Ensure full compliance with Finnish payroll regulations and avoid costly penalties.
- Receive customized advice and support that aligns with your specific business goals and needs.
By outsourcing your financial management to a professional service provider specialized in international taxation and business, you save both in the short and long term. Partner with us to ensure your business thrives in the Finnish market with expert payroll services. Let’s navigate the Finnish payroll landscape together, ensuring compliance and optimizing your payroll processes.
Extensive Advisory Services and support to start-up operations in Finland
We offer comprehensive advisory services covering accounting, taxation, financial statements and registrations, as well as regulatory needs with the state administration, Kela, police, registry office and customs. Our support services also cover occupational health care, insurance and banking, and we can help you find partners.
Partner with us to ensure your business thrives in the Finnish market with expert accounting services. Let’s navigate the Finnish financial landscape together, ensuring compliance and optimizing your financial performance. Check out our customer cases here.
Establishing a business in Finland – things you should know about Finnish payroll administration
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 and pension contributions, taking care of occupational healthcare contributions and sending employer and wage notifications.
In Finland, wages are reported through the Finnish 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. If the entrepreneur or company is an employer who pays wages on a regular basis, it must be registered in the register.
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.
When you need a local payroll partner,
contact our success makers and let's make it happen.