| 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 |
