Challenges of the new trend Remote work is steadily on the rise. It is estimated that there will be 1 billion digital nomads worldwide by 2035. Switching to remote mode gives companies access to global talent pool, helps to increase retention rate, and save some operational costs. However, it is not always easy to…
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. Therefore we have prepared a little overview about the deadlines and prices of annual reports in countries where we operate in. Annual report deadline and…
Holidays are coming and therefore we want to let you know that there are some changes in our offices opening hours during Christmas and New Year. Estonian office: Closed on 24.12, 25.12, 26.12 and 01.01.2019. Opened 9.00-13.00 on 31.12. Working regularly (9.00-17.00) on 27.12, 28.12 and from 02.01.2019. Finnish office: Closed on 24.12,…
We have written blog posts about tax rates before put since this information can change and we have recently expanded to Latvia and Lithuania as well, there is quite a lot of new information that we would like to share with you. Our tax consultation team has helped to put together a simple comparison table…
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 who have access to personal data of their clients. All companies should make sure they are GDPR compliant and we in 1Office have been working…
Margo is born and raised in Estonia but has been living in Finland for most of his grown-up life. Professionally he comes from a background of banking and financial services. For 6 years he has worked at OP Corporate Bank Plc as an account manager for Leasing and Factoring clients in Finland and Baltic States…
Virtual Office services have been popular amongst foreign entrepreneurs for years. It is required to have a local legal address for your business and using virtual office services gives you access to one as well as other perks. In many cases, it might also be reasonable to use these services even while conducting business in…
We have been getting questions about how to start business in Estonia for a Finnish perspective. From this summer our Finnish office has a new service in the portfolio. From now on we are offering a consultation about starting a business in Estonia, so you can get the first information without leaving Helsinki. There…
The summer months are known as the “low season” in many industries. It is a perfect moment to take some time off, but also to get ready for the next high season.
In the following article, we will take a look at how employee vacation pay is calculated in Sweden, Finland, Estonia and Latvia.