Do you need modern and remote-friendly accounting service?
Are you looking for reliable accountant company in Finland? Like to have your accounting prepared remote-friendly from the comfort of your home or office? If yes, then you are in the right place!
eAccounting Finland Oy is focused on the electronic accounting. Your location is immaterial to us. Hence, your accounting can be done whether you are visiting your family in Europe or other parts of the world, or you are working remotely from your dream destination.
We are using software which are working all over the world. We have tested this first hand in few of countries which have the most restrictive firewalls in the World, without a trouble.
How do I know this would be the best service for me? eAccounting Finland Oy has been focusing on service in English since the start of our company (2016). Currently we are servicing our clients and IT consultants from over 20 different countries trusting our accounting and tax planning services.
What does it mean to be IT Freelancer in Finland?
Basically it means that IT Freelancer in Finland is acting as entrepreneur instead of being directly employed by the Employer. Being entrepreneur means that IT Freelancer needs to have a registered company in Finland, which they use to invoice their client(s).
Can I register a company in Finland? For anyone living in Finland, with Finnish social security number and Finnish bank account, the registration is simple and straight-forward.
Read more how to start be IT Freelancer in Finland from a guide here: https://github.com/sam-hosseini/freelancing-in-finland
What are the company types suitable for it freelancer?
1) Private Trader (Toiminimi, Tmi or Yksityinen elinkeinnon harjoittaja)
Pros and Cons:
+ Easy to open
+ Administration is light (no extra reporting, and owner can take money as they feel like)
+ Easy to close (takes only 15 minutes)
– Taxation (profit is taxed fully as personal earned income)
– Liabilities (owner carries the liability, consider liability insurance)
+/- Only for one man company
2) Limited liability company (Osakeyhtiö or Oy)
Pros and Cons:
+ Easy to open (just a little more complicated than Private trader)
+ Taxation (possibility for tax planning optimize taxation)
+ Limited liabilities to owner
+ Can have more than one owner
– More adminstration
– Owner can withdraw money only as salary or dividend (dividend sharing is regulated)
– Closing of the company (may take upto 6 months)
If you need help to select the best company type for you, do not hesitate to contact us, and we can help you to determine the best option for you together. Or you can read our blog post here.
What to consider when selecting the Accounting Office?
Selecting your accountant is not easy. This is what you need to consider.
1. Accounting as a business is not regulated in Finland. That means that anyone can open an accounting office and offer the service. That also means that the service, level of the bookkeeping nor price is not standardized (even thought logically it should be).
2. Remember that always the Entrepreneurs is responsible that the bookkeeping and reporting is done correctly. Make sure you can fully trust the person who does accounting for you. You cannot hide behind the accountants back if there is a mistakes in the books or taxation.
3. Your accountant is more than your bookkeeper. Good accountant is also your tax advisor and understands your situation the best. Accountant as tax advisor may save you more money than he/she costs.
4. If you open LLC due to taxation. You need to consider what are you going to do with the money laying in the company accounts. If you end up investing, you will need an accountant who can manage also your investment accounts.
5. Consider electronic financial management. It gives full access to accounting not only to your accountant but to yourself as well. It saves your time and it also makes the whole co-operation more transparent.
We will gladly assist you with your accounting and tax planning
In case you need accounting services or assistance with opening a new company, do not hesitate to contact us:
Mr Jonne Anttila
jonne.anttila@eaccounting.fi
+358 (0)45 6743350
Jonne Anttila, MSc., is Founder of eAccounting Finland Oy.