The taxation of non-Community goods in Sweden changes in the new year. From 1st January 2015 a company liable to pay VAT in Sweden needs to declare and pay VAT on import goods in the Swedish Tax Agency. According to the order in force so far VAT on import goods was declared and paid in…
Check the equity capital of a Swedish limited company before the end of the fiscal year The Swedish Company Law provides that the management board has an obligation to produce an interim balance sheet immediately if there are grounds to believe that the equity capital of the Swedish limited company has fallen below a half…
From the 1st of January 2015 the new VAT order will begin to apply to B2C electronic services providers due to directive 2008/8/EC of the European Commission. The specified services will start to be taxed in the country where the recipient of the service is located. Which electronic services will taxation change for? The changes…
Less than half a year has passed from e-resident concept winning the development ideas’ contest organised by the Estonian Development Fund. From December 2014 the nationals of foreign countries can apply for an e-resident’s digital identity card for 50 euros. The Estonian Police and Border Guard Board’s service point has to be visited twice for…
From the 1st of January 2015 the new VAT order will begin to apply to B2C electronic services providers due to directive 2008/8/EC of the European Commission. The specified services will start to be taxed in the country where the recipient of the service is located. Which electronic services will taxation change for? The changes…
The draft of the Commercial Code and the Law of Property Act amendment act has been prepared in cooperation of the Development Fund and the Ministry of Justice, with which the regulation of the Commercial Code concerning companies is wished to be changed to correspond to the needs of startups. The amendments of the law…
E-residency: explaining the functioning of e-residency in Estonia From December 2014 foreigners are able to apply for the digital identity card of an e-resident of Estonia without Estonian habitual residence. A digital identity card (digital-ID) allows to use Estonian public and private services, digitally sign documents and encrypt files with a chip card similar to…
From 1 December the value added tax order for passenger cars used by a company will change. According to the new order, when buying and using a passenger car on the basis of a contract for use, also when buying goods and services for the car, there is a right to deduct input VAT only…
Office space in London can be a challenge 1Office UK director Ivar Veskioja explains to overseas entrerpreneurs the process of leasing an office space in London. London is an attractive metropolis The United Kingdom continues to be England together with Scotland, Wales and Northern Ireland and London is still an attractive destination for start-ups and…
Nordic business services company 1Office Group opened an office in London in September. The aim is to offer companies entering the UK market support with virtual office, accounting and legal services. The UK subsidiary is headed up by the group’s former CEO Ivar Veskioja, who has previously run 1Office’s Estonian and Swedish offices. According to…