Soon Available in my1Office
New features will be added to my1Office soon to make company formation and business management even easier for remote entrepreneurs.
What is an EORI number and what are the requirements after Brexit?
An EORI number is a unique ID number given to businesses that import or export goods into or out of the European Union (EU).
The Temporary VAT Rate Cut in the UK
UK has announced a temporary cut to the VAT rate from 20% to 5% on supplies of food, accommodation and attractions from 15 July to 21 January 2021.
Deferral of VAT payments of the UK companies due to COVID-19
After the Chancellor’s announcement on 20 March 2020, if you are a UK VAT registered business and have a payment due between 20 March 2020 and 30 June 2020 (VAT…
The deadline for Finnish annual report has changed due to COVID-19
Finnish Tax Administration (Vero) extended the deadline for submission of annual reports and tax declarations for the fiscal period of 1 January – 31 December by one month, the new deadline being 31 May 2020. Since 31 May is Sunday, the documents can also be submitted on Monday, 1 June 2020. Extension of the deadline is applicable for both, Finnish and foreign companies who have the tax obligation in Finland.
Important news for companies operating in Sweden
We would like to share some latest news and updates that affect many entrepreneurs and companies operating in Sweden. Corporate Income Tax Rate decreased from January 1st 2019 From…
E-Residents: Start an Estonian company with a bank account from Wise
Setting up your Estonian company with its own bank account details is now much easier with 1Office’s recent cooperation with international money transfer provider Wise. Customers can now establish a…
Annual report deadlines
Submitting annual report is mandatory for all the companies registered in Estonia, Sweden, Finland, United Kingdom, Latvia and Lithuania. This applies even if the company didn’t have any activities during the financial year.…
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…
The GDPR influence for Finnish companies: sending out salary slips
As you probably know already, the new EU Data Protection Act, widely known as GDPR is enforced on 25th of May. In one way or another it concerns all businesses…