Description
With 1Office, the process is simple and compliant with current Finnish regulations. One notification of termination submitted via the Business Information System (YTJ) informs both the Trade Register (PRH) and the Tax Administration.
1. Preparation and submission of the notification of termination via YTJ (or paper form if required)
- We review your company’s details, prepare the accurate notification of termination in the Business Information System (YTJ.fi), and submit it on your behalf. In rare cases where online submission isn’t possible (e.g., lack of Finnish electronic identification), we handle the equivalent paper forms and mailing.
2. Coordination to ensure removal from the VAT Register, Prepayment Register, and Employer Register
- After submission, the Tax Administration processes the notification and automatically removes your company or branch from the relevant registers (VAT, Prepayment, and Employer). We monitor the processing status, liaise with authorities if needed, and ensure the deregistrations are completed correctly without unnecessary delays.
3. Basic guidance on required prerequisites
- We provide clear advice on essential steps before submission, such as ensuring all final tax returns are filed, outstanding taxes paid, prepayments adjusted, and accounting records current. This helps avoid rejections, penalties, or ongoing filing obligations post-termination.
4. Confirmation follow-up from the Tax Administration
- We track the Tax Administration’s response, confirm the exact deregistration dates for each register, and provide you with official confirmation once your entity is fully removed. This ensures you have proof that no further tax filings (e.g., VAT returns) are required.
Available for an extra fee:
- Preparation and filing of final tax returns (VAT, employer contributions, corporate income tax)
- Final accounting and financial statements
- Full company liquidation service (including liquidator appointment and Trade Register deregistration)
- Branch-specific termination notifications to PRH (if not covered in standard package)
Please keep in mind the following important information:
- Prerequisites: All final tax returns must be filed, outstanding taxes paid, and accounting up to date before submission. If not, deregistration may be delayed or penalties applied.
- Timing: For limited liability companies, tax deregistration usually follows or aligns with the full liquidation process and Trade Register removal. Branches can often deregister more quickly via termination notification.
- Automatic Processing: The Tax Administration automatically removes the entity from relevant registers based on the notification.
- Consequences of Delay: Failure to notify termination means ongoing filing obligations (e.g., VAT returns) and potential punitive increases.
- Your tax and accounting records must be current. View our accounting services to bring everything in order before we start.
- INCLUDED IN THE PRICE
With 1Office, the process is simple and compliant with current Finnish regulations. One notification of termination submitted via the Business Information System (YTJ) informs both the Trade Register (PRH) and the Tax Administration.
1. Preparation and submission of the notification of termination via YTJ (or paper form if required)
- We review your company’s details, prepare the accurate notification of termination in the Business Information System (YTJ.fi), and submit it on your behalf. In rare cases where online submission isn’t possible (e.g., lack of Finnish electronic identification), we handle the equivalent paper forms and mailing.
2. Coordination to ensure removal from the VAT Register, Prepayment Register, and Employer Register
- After submission, the Tax Administration processes the notification and automatically removes your company or branch from the relevant registers (VAT, Prepayment, and Employer). We monitor the processing status, liaise with authorities if needed, and ensure the deregistrations are completed correctly without unnecessary delays.
3. Basic guidance on required prerequisites
- We provide clear advice on essential steps before submission, such as ensuring all final tax returns are filed, outstanding taxes paid, prepayments adjusted, and accounting records current. This helps avoid rejections, penalties, or ongoing filing obligations post-termination.
4. Confirmation follow-up from the Tax Administration
- We track the Tax Administration’s response, confirm the exact deregistration dates for each register, and provide you with official confirmation once your entity is fully removed. This ensures you have proof that no further tax filings (e.g., VAT returns) are required.
Available for an extra fee:
- Preparation and filing of final tax returns (VAT, employer contributions, corporate income tax)
- Final accounting and financial statements
- Full company liquidation service (including liquidator appointment and Trade Register deregistration)
- Branch-specific termination notifications to PRH (if not covered in standard package)
- IMPORTANT INFORMATION
Please keep in mind the following important information:
- Prerequisites: All final tax returns must be filed, outstanding taxes paid, and accounting up to date before submission. If not, deregistration may be delayed or penalties applied.
- Timing: For limited liability companies, tax deregistration usually follows or aligns with the full liquidation process and Trade Register removal. Branches can often deregister more quickly via termination notification.
- Automatic Processing: The Tax Administration automatically removes the entity from relevant registers based on the notification.
- Consequences of Delay: Failure to notify termination means ongoing filing obligations (e.g., VAT returns) and potential punitive increases.
- Your tax and accounting records must be current. View our accounting services to bring everything in order before we start.
Got questions?
If you are interested in this service or would like a bit more info, do not hesitate to contact us:
- Email: finland@1office.co
- Phone: +358 40 196 9003
You may also use the form below to send a quick quote request.
BOOK A FREE CONSULTATION
To get a good idea about this service or learn what your business may need specifically, book a 20-min free consultation with us. We discuss your ideas and we will share our knowledge of the matter. Simply book yourself a suitable time and we will get back to you.
