Tax work is only worth doing if the position survives being looked at. We apply the Finnish rules as published, document the reasoning, and tell you plainly where an interpretation is open.
Preparation and filing of the corporate income tax return, deferred tax and permanent difference analysis, group contribution planning between Finnish companies, and loss carry-forward tracking including the effect of ownership changes. The Finnish corporate income tax rate is 20% of taxable profit.
Registration where the EUR 20,000 small-business threshold is exceeded or where voluntary registration is worthwhile, periodic VAT returns, EU recapitulative statements, reverse-charge review on construction and cross-border services, and import VAT self-assessment. The standard rate is 25.5%, with reduced rates of 14% and 10% on defined supplies.
Permanent establishment analysis for foreign parents operating in Finland, withholding tax on dividends, interest and royalties under the applicable tax treaty, and transfer pricing documentation where the statutory thresholds are met. Where a treaty position is uncertain we prepare an advance ruling application rather than take an aggressive filing position.
Support during a Tax Administration audit: assembling the requested material, drafting responses, and preparing a rectification claim or appeal where we believe an assessment is wrong. We tell you honestly how strong a position is before you spend money defending it.
We plan tax; we do not evade it and we do not sell schemes. Bokföringsbyrå Lundström Ab does not design arrangements whose main purpose is to obtain a tax advantage contrary to the object of the law, does not market offshore structures, and will not sign a return we believe to be wrong. If you are looking for someone to take an aggressive position and hope it is not examined, we are the wrong firm — and we would rather say that at the first meeting than at the tax audit.
Move the figures to see which statutory obligations follow — audit requirement, VAT filing period, reporting deadlines and the bookkeeping workload behind them. Every output cites the act it comes from.
Turnover for the financial period, excluding VAT.
Total assets at the end of the period.
Average number of employees during the period.
Purchase and sales invoices plus bank transactions processed each month.
Statutory audit
Auditor must be elected
3 of 3 criteria exceeded
VAT filing period
Monthly
VAT registration mandatory
Indicative bookkeeping workload
14.8–20.8 h / month
| Activity | Hours / month |
|---|---|
| Ledger & documents | 12 |
| Payroll | 2.2 |
| VAT & EU reporting | 1.7 |
| Close & reporting | 1.5 |
A workload band in hours, not a price. This estimator never quotes a fee, and it does not calculate a tax saving or a refund. Indicative statutory scope only, generated from the figures you entered. It is not tax advice, not a fee quote and not a guarantee of any outcome. Your actual obligations depend on your full accounts and are confirmed in writing after review.
Recommended engagement scope · Group
Full financial reporting with group or IFRS packages, audit file preparation and auditor liaison, and board-level reporting.
Audit test — Tilintarkastuslaki 1141/2015, chapter 2 section 2
Two or more of the three statutory criteria are exceeded, so the company must elect an auditor. Bokforingsbyra Lundstrom Ab prepares the audit file and liaises with that auditor; it does not perform the audit itself.
VAT position
Monthly is the default filing period. The return and the payment are due on the 12th day of the second month following the tax period. The standard Finnish VAT rate is 25.5% and the corporate income tax rate is 20%.
| Obligation | Timing | Basis |
|---|---|---|
| VAT return and payment | Monthly, on the 12th of the second month after the period | Laki oma-aloitteisten verojen verotusmenettelysta 768/2016 |
| Incomes Register (tulorekisteri) earnings payment report | Within 5 calendar days of each payment date | Laki tulotietojarjestelmasta 53/2018 |
| Corporate income tax return | Within 4 months of the end of the month in which the financial period ended | Laki verotusmenettelysta 1558/1995 |
| Financial statements registered with the Trade Register (PRH) | Within 8 months of the end of the financial period | Kirjanpitolaki 1336/1997 and Osakeyhtiolaki 624/2006 |
| Statutory audit performed by your independently appointed auditor | Before the annual general meeting adopts the financial statements | Tilintarkastuslaki 1141/2015 |
The Finnish corporate income tax rate is a flat 20% of taxable profit. The corporate income tax return is due within four months of the end of the month in which the financial period ended.
Registration is mandatory once turnover in a calendar year exceeds EUR 20,000. Below that threshold registration is voluntary, and it is often still worthwhile where input VAT on purchases is significant. The standard Finnish VAT rate is 25.5%.
No, and no adviser honestly can. Tax is determined by the law applied to your facts. What we can do is make sure every deduction and relief you are entitled to is claimed, that positions are documented well enough to survive an audit, and that you know the cost of a decision before you make it rather than afterwards.