Based in Mikkeli. Compliant bookkeeping, corporate tax strategy and financial accounting for Finnish companies, associations and other organisations — with every statutory conclusion traced back to the act it comes from.
Every figure above is entered in the Finnish Business Information System and can be checked against the public record. Verify in YTJ.
Interactive
Move the figures to see which Finnish statutory obligations your company falls under, when they fall due, and an indicative fee range for the work. It is not a quotation and not a forecast of tax.
Net sales for the financial year. Drives the VAT period and one of the three audit thresholds.
Total assets at the year end. One of the three audit thresholds.
Incoming invoices and receipts to be recorded each month.
Outgoing invoices raised each month.
Average number on the payroll. One of the three audit thresholds, and it drives payroll reporting.
VAT period
Monthly VAT period
Turnover above EUR 100 000 requires the monthly VAT period.
Arvonlisäverolaki 1501/1993 (AVL), incl. §3 and §162a-b — returns due by the 12th of the second month after each month.
Statutory audit
An auditor must be elected
3 of the three thresholds are exceeded in each of the two most recent financial years, so an auditor must be elected.
Tilintarkastuslaki 1141/2015, 2 luku 2 §. An auditor may be left unelected only if at most ONE of the three thresholds was exceeded in each of the two most recent completed financial years.
Size class
Micro-undertaking (mikroyritys)
The lightest statutory disclosure set applies to the financial statements.
Kirjanpitolaki 1336/1997, 1 luku 4 a-4 b §
Payroll reporting
4 payslips per month
Each earnings payment must be reported to the Incomes Register within 5 calendar days of the payment date, and the employer’s separate report is due by the 5th of the following month.
Laki tulotietojärjestelmästä 53/2018 — earnings payment report within 5 calendar days of the payment date; employer's separate report by the 5th of the following month.
Audit thresholds exceeded
3 / 3
What we do
Each engagement is scoped in writing before it starts, so you know which filings we take responsibility for and which stay with you.
Double-entry bookkeeping kept current, with a monthly result you can actually act on.
Returns filed correctly and on time, and the tax consequences of a decision explained before you take it.
The material your appointed auditor asks for, prepared before they ask for it.
Payroll run, reported to the Incomes Register on time, and figures management can read.
A note on the word “audit”. Statutory audit (tilintarkastus) under the Finnish Auditing Act 1141/2015 may only be performed by an authorised HT, KHT or JHT auditor. We are not an audit firm and we do not issue audit opinions. What we provide is audit support: the reconciliations, schedules and working papers an auditor you appoint will ask for, and a review of the controls behind them.
How an engagement runs
Bookkeeping goes wrong quietly. The way to prevent that is to make every obligation and every deadline explicit from the first month.
We go through your books, your filing history and your financial year, then set out exactly which returns and filings we take on and which stay with you.
Documents in by an agreed date, ledgers reconciled, VAT filed for your statutory period, and a monthly income statement and balance sheet you can actually read.
Financial statements within four months of your year end, the corporate tax return filed, and the statements with the Trade Register inside the statutory eight months.
Before a dividend, an investment, a new employee or a cross-border sale, you get the tax and reporting consequences in writing, with the assumptions stated.
Straight answers
If the answer to one of these matters to your decision, it is better read now than discovered later.
No. Under the Finnish Auditing Act (1141/2015) a statutory audit may only be performed by an authorised HT, KHT or JHT auditor, and we are not an audit firm. We provide audit support: the reconciliations, schedules and working papers your appointed auditor will require, and a review of the internal controls behind them.
It follows from turnover under the VAT Act (1501/1993). Up to €30,000 a calendar-year period is available, up to €100,000 a quarterly period, and above that the period is monthly. The estimator on this page computes it from your own figures.
When at least two of three thresholds — a balance sheet total over €100,000, turnover over €200,000, or more than three employees on average — were exceeded in each of the two most recent financial years. Meeting them in one year alone is not enough.
Yes. We review and import the ledgers you already have, reconcile the opening position and confirm in writing which filings are still due for the current financial year before we start.
No. Services are provided to businesses, associations and other organisations. We do not offer consumer credit, lending, debt relief or investment services.
Get in touch
We reply with the scope, what it would cost, and what we would need from you to start. No engagement arises until both sides sign one.
Prefer to check who you are dealing with first? Every detail above is on our company & register page, with links to the public records they come from.