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…
Now it’s easier than ever to start your company in the United Kingdom. 1Office offers now a unique solution where creating a company, adding banking solution from TransferWise, ordering address service and accounting can be all done online, in one place and within 20 minutes. This option is available for both local and foreign entrepreneurs. With…
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…
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…
The shareholders of a company established in the UK can be changed at any time when all parties are happy with the decision. If not, then the process is a little more complex and either way, certain documents must be submitted. In this article, we give a brief overview of how to remove a shareholder…
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…
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…
In our last blog post, we covered the meaning of the Certificate of incorporation. In some cases, another document is needed and in this article, we briefly cover what is a Certificate of Good Standing. A Certificate of Good Standing is used to prove that a limited company is incorporated and authorized to undertake…