Our tax consultation team has put together a simple comparison table of the primary corporate and personal taxes in Estonia, Lithuania, Sweden, Finland and UK. These tables are to be considered informative and general. Please note that tax rates can change. In case of further questions, feel free to contact us via email at estonia@1office.co…
Together with the new OSS (One Stop Shop) VAT scheme, the EU also introduced a new Import One Stop Shop, or IOSS voluntary VAT scheme on 1 July 2021. This applies to business-to-consumer (B2C) transactions and is aimed to make life easier for both, sellers and buyers.
There are four generally recognised methods for transferring funds and assets to a company. The right option depends on the purpose of the funds, the company’s needs, and its financial and legal status. In this article, we outline different ways owners can transfer funds to their company and explore options for attracting new investors.
When deciding between an OÜ and an MTÜ, understanding their differences is important. Both have unique legal structures, benefits, and obligations that can significantly impact how your organisation operates. An OÜ is ideal for profit-driven ventures, offering flexibility and limited liability, while an MTÜ is designed for non-profit activities, requiring at least two founders. In this article, we’ll explore the key pros and cons of each to help you choose the right structure for your goals.
Ondato is an advanced KYC (Know Your Customer) system designed to streamline identity verification for businesses. By automating the compliance process, Ondato ensures that companies can securely verify the identities of their clients while meeting regulatory requirements. Read more how to go through KYC process smoothly.
In the following article, we will take a look at how employee vacation pay is calculated in Estonia, Sweden, Finland, UK, Latvia, Lithuania.
In an era where accounting software solutions seem to offer efficiency at the click of a button, the role of human expertise can sometimes be overlooked. When it comes to managing your company’s finances, especially accounting, the temptation to rely solely on software can be strong. However, the benefits of using an accountant go far…
Starting a business is an exciting endeavour, but before you can officially launch, you’ll need to set up a business bank account. This crucial step not only keeps your personal and business finances separate but also lays the foundation for financial stability and growth. In this guide, we’ll walk you through the process of successfully applying for a business bank account.
Starting a business is an exciting endeavour, but before you can officially launch, you’ll need to set up a business bank account. This crucial step not only keeps your personal and business finances separate but also lays the foundation for financial stability and growth. In this guide, we’ll walk you through the process of successfully applying for a business bank account.
Quite often, in our field, we encounter companies that are unaware that certain business activities in Finland require local tax registrations and, consequently, tax and income declarations. It is often assumed that if a company is registered in the European Union, it can conduct business activities in member states without involving other countries’ tax authorities…