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Finland Tax Information

24% ALV (standard)

ALV is 24% standard, 14% food, 10% books/transport. Registration above €15,000.

Contractor Services to Invoice

  • Labor charges
  • Material costs
  • Equipment rental
  • Permit fees
  • Subcontractor work
  • Change orders
  • Warranty work

Invoice Requirements in Finland

Y-tunnus
ALV number
Client details
Invoice number
ALV breakdown
Total

Payment Terms

Progress billing at milestones. Retain 5-10% until final inspection.

Heti14 päivää30 päivääNetto

Payment Methods in Finland

Bank TransferMobilePayCredit CardPayPal

Contractor Invoice Tips

  • Break down materials and labor
  • Reference permits
  • Document change orders
  • Include lien waiver language
  • Track progress payments

Frequently Asked Questions

What tax rate applies to contractor invoices in Finland?

Finland has 24% ALV (standard). ALV is 24% standard, 14% food, 10% books/transport. Registration above €15,000.

What payment methods are common for contractors in Finland?

Common payment methods in Finland include: Bank Transfer, MobilePay, Credit Card, PayPal. Progress billing at milestones. Retain 5-10% until final inspection.

What should contractor invoices include in Finland?

Your invoice should include: Y-tunnus, ALV number, Client details, Invoice number. For contractor services specifically, also include: Labor charges, Material costs, Equipment rental.

How should contractors bill for projects?

Progress invoicing at milestones. Break down labor, materials, and subcontractor costs.

How do contractors handle material markup?

15-25% markup is standard. State policy in contracts.

What ALV rates apply?

24% standard, 14% for food/restaurant, 10% for books/medicines/transport.