5 Ways How Finland Has Made Company Formation Easy for Foreigners
Finland is an inviting business environment for many entrepreneurs. Read about 5 reasons why company formation in Finland is really easy for foreigners.
Accounting Requirements in Estonia
Read about the mandatory requirements for accounting in Estonia and learn which companies are obligated to do accounting every month.
How to add beneficial owner information of an Estonian company
All Estonian companies are obligated to submit the data of the person who benefits from the company’s activities’, or so-called
beneficial owner, in the Estonian Business Register. Submitting the data of the company’s beneficial owner is mandatory due
to the updates in the Money Laundering and Terrorist Financing Prevention Act. The new requirement is in force from 10 March 2020.
How to register a Finnish company online?
1Office has done it again! Finland is the third country where 1Office has built an exceptional company formation portal. Before Finland, the first country for which 1Office created the unique limited company registration portal that was connected directly to the local business registry, was Estonia in 2016, followed by the United Kingdom in 2018. Now…
UK tax system going through a change: Making Tax Digital for VAT
The UK government and HMRC have the ambition to become one of the most digitally advanced tax administrations in the world. As of today, every individual and business in UK already has access to their own personalized digital tax account. The personal tax account can be found in gov.uk website and you need to have…
UK tax system in a nutshell
UK probably has one of the longest tax codes in the world. The annual changes to tax and duty form a law called the Finance Act and it may change the tax rates and principles set out in the main tax acts. Not surprisingly it is quite difficult to understand this complex system as a…
How a company with multiple founders and a physical product can benefit from e-Residency
The general opinion is that Estonian e-residents are digital nomads, one-man companies who only work online and are traveling the world at the same time. Very often this is the case, but there are many exceptions. Let us introduce one of them here. Owners living in Greece and UK, company with several founders and selling…
Banking for location independent companies (example of Estonian e-residents)
One question that our clients have with establishing companies outside their home country, is the same in all our 6 markets: “Can you help us with opening a bank account?” Today we are covering the topic from the point of non-resident companies established in Estonia. Probably you have heard about e-residency and how it allows…
Reasons to consider starting business in Lithuania
Many entrepreneurs from foreigner countries are interested in Europe as a business environment, but how to choose the exact country to start your business in? In this article we highlight Lithuania and bring out the reasons making Lithuania stand out. Lithuanian government has a strong emphasis of creating new jobs and therefore they are happy…
Latvia attracting investors with innovative start up law
Already since January 1, 2017 there is a law in place in Latvia attracting investors with several advantages to start-up companies. It is unique in Europe and allows to efficiently grow venture capital investors’ money in young Latvian start-ups. The adopted law creates a special tax regime for start-up companies in Latvia and the first…