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…
Overview of Tax Declarations Tax declarations are official documents submitted to tax authorities, detailing an individual or entity’s financial income and expenditures over a specified period. These documents are used to calculate and remit taxes owed to the government. For entrepreneurs, this process involves gathering all necessary business financial records, accurately completing the tax declaration…
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.
Sweden’s business climate is very favourable for foreign direct investments. However, the company formation in Sweden can be quite complicated – but don’t worry, we can help you with starting your journey.
Sweden’s recent economic reforms, aimed at fostering a more resilient and growth-driven business environment, are setting the stage for increased opportunities for both domestic and foreign businesses. The country’s new budget focuses on sustainability, technological innovation, and economic stability—each area presenting potential growth channels. Here, we explore these initiatives and show how they not only…
As the year comes to a close, Swedish limited companies (Aktiebolag or AB) must address several key financial and administrative tasks to ensure compliance with Swedish law. Failing to meet these obligations can lead to fines, penalties, or, in the worst-case scenario, forced liquidation. Whether you’re a seasoned business owner or just starting your company…
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.
For many business owners with a Swedish Aktiebolag (AB), opening a business bank account in Sweden is not as simple as it might seem. Swedish banks have strict compliance requirements, and business owners often face delays or even rejection if their documentation isn’t up to par. Which banks to choose: Pros and Cons When…
For many businesses running a company (AB) in Sweden, the process of getting tax returns from the Swedish Tax Agency (Skatteverket) is a frequent source of confusion. At 1Office Sweden, we’ve worked with companies that, despite best efforts, face challenges when dealing with local tax matters and tax deductions. Common tax deductions One…