Finland — Value-added tax (VAT)
|General VAT Rate||Other Rates||Local Currency|
|24%||14%, 10%, 0%||Euro (EUR)|
Finland's general VAT rate is 24%, with other rates including 14%, 10% and 0% that can apply to certain transactions. The Value-added tax (VAT) is administered by the Finnish Ministry of Finance and National Board of Taxes (Verohallinto) in Helsinki.
Visitors to Finland can qualify for a VAT refund on all purchases made for export - learn more about Finland VAT refunds here.
Finland has the following special reduced VAT rates:
14% reduced VAT rate on: foodstuffs
10% reduced VAT rate on: hotels; transport; cultural and sporting events; print materials; pharmaceuticals.
Finland's consumption tax is called the Value-added tax (VAT), locally known as Arvonlisävero, which was introduced in June 1994.
Finland VAT rates for 2018
- 10% and 14%
- Zero-rated, exempt and exempt with credit
Finland VAT number format
Businesses in Finland that are required to collect tax will be issued an identification number. Tax identification numbers can be verified with the Finnish Ministry of Finance and National Board of Taxes (Verohallinto), and will follow a certain format. The VAT number format is 1234567-8 (used for domestic trade, imports and exports).
FI12345678 (used for intra- Community trade)
Finland VAT return periods
Businesses in Finland that are required to collect tax from consumers must file regular tax returns with the Finnish Ministry of Finance and National Board of Taxes (Verohallinto) in Helsinki. Finland's VAT return periods are:
Monthly (or in certain cases quarterly or annually)
Finland Value-added tax (VAT) Thresholds
These are the revenue thresholds at which businesses in Finland are required to start collecting and remitting tax.
- EUR10,000 (not applicable to non-established businesses and to municipalities)
- Distance selling
- General rule
- No threshold
- Fully exempt businesses
Recovery of VAT by non-established businesses
Non-established businesses are small, unincorporated businesses that sell taxable goods and may consist of a single individual, or several. Non-incorporated businesses in Finland are required to collect taxes from the consumer.
Finland VAT Refunds
Finland has a VAT refund program that allows tourists and others to receive a refund of any Finland VAT paid on goods purchased in Finland that are being exported from the country.
The minimum purchase amount needed to claim a VAT refund is €40.00 Euros (which would yield a VAT refund of about €9.6). SalesTaxHandbook has detailed information about Finland's VAT refund program:Learn More About Finland VAT Refunds
Finland Tax Sources & Citations
- EN: Finland Value Added Tax
- RU: НДС Финляндия
- CN: 芬兰 增值税
- Finland Finnish Ministry of Finance and National Board of Taxes (Verohallinto) (accessed 2018)
- Ernst & Young global VAT tax study, Finland (updated 2018)
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