Finland

Country Finland
Currency Euro
EU Member State Yes
Standard VAT rate 24%
Reduced VAT rate 10% / 14%
VAT registration limit for established businesses 8500 Euros
VAT registration limit non-established businesses Nil
VAT registration rate for distance sellers 35000 Euros
VAT return filing periods Monthly / Quarterly if annual turnover is between 25000 Euros and 50000 Euros/ Annually if turnover is below 25000 Euros
Annual returns No
Intrastat thresholds: dispatches and arrivals 500000 Euros for dispatches/500000 Euro for arrivals
EC Sales Lists frequency Monthly
Additional reporting requirements No
VAT recovery by non-established non-EU businesses Yes
Reverse Charge Yes for the majority of cross border activity
Fiscal representative required for non-EU businesses Non EU companies must appoint a VAT representative to register for VAT in Finland if registering voluntarily. If the non-established company is required to be registered then the appointment of a tax representative is not required
Statute of limitations 3 years
Essentia Global Services – European / International / Global vat tax compliance consultants and management agents.
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We are specialists in global indirect tax management. We help businesses to manage their worldwide compliance with respect to VAT/GST and similar taxes, effectively and economically. Essentia Global Services – European / International / Global vat tax compliance consultants and management agents. Essentia also provides VAT Training Courses and an EU VAT Number Lookup Platform. VAT Global Management & International VAT Registration.