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If your company is not established in Finland and is providing ‘taxable supplies’ of goods or services in Finland, it might have to attain a non-resident VAT registration. This follows the EU VAT Directive, foreign traders are legally obliged to register for VAT in certain situations, in order to report taxable transactions and declare the VAT that needs be charged.
It is imperative that all businesses with any commercial actions in Finland evaluate their compliance responsibilities and register before beginning any taxable transactions, if applicable.
There are numerous circumstances in Finland that can generate the responsibility to register for VAT. Below are some of the most common cases:
If you are presently, or planning to conduct any of the above (or similar) transactions in Finland, you should contact amavat® immediately to allow us to help you be VAT compliant.
VAT Rates | VAT No. Format | Distance Selling Threshold | Intrastat Threshold |
---|---|---|---|
24% (Standard) 10/14% (Reduced) |
FI12345678 | € 35,000 | € 800,000 (Arrivals) € 800,000 (Dispatches) |
*amavat® accept no responsibility for the above figures being 100% accurate, at all times. They will periodically updated - last update 08.02.2024.
‘VAT Return’
Periods
Monthly
Quarterly - if your annual turnover is
between € 25,000.00 and € 50,000.00
Yearly - if your annual turnover is
lower than € 25,000.00
‘Annual Returns’
Not required
‘EC Sales Lists’
frequency
Monthly
‘EC Purchase Lists’
Not required
Additional reporting
requirements
Not required
‘Extended Reverse Charge’
The
reverse charge relates to supplies made by a non-established business to a
VAT registered business in Finland. The extended reverse charge applies to
certain domestic transactions, for instance construction services and sales
of emission rights. Please contact
amavat® if you would like
further information of how the extended reverse charge applies in Finland.
‘Fiscal Representation’
A
business established in a country out with the EU must retain a tax
representative to register for VAT in Finland, if it is registering
willingly. If the non-established business is obliged to be registered, at
that time the selection of a tax representative is not required.
Speak to a Customer Relations Consultant for Online Sellers. An expert will respond shortly.