My case scenario.
I am heading next week to open up my Toiminimi as proposed by my client. fill the Y3 form 75euros YEL insurance ( maybe open a separate company bank account) and I am all set.
I will start billing my client for a couple of months contract (Dec 2012, and Jan 2013) with the possibility of extension.
- Dec 2012 my income will be less than 8500 euros --> No VAT (in Y3 i will mark Jan 2013 as the start of VAT liability, correct knowing that i might have a longer contract with my/other client?)
- Lets say I charge bill my customer till the end of 2012, 7000 euros.
Business income to be distributed = 7000 - for exp 500 of expenses = 6500 euros
Capital income = 20% or 10 of Net assets --> First year nothing here so 0 right? and No tax on the capital income
Earned income = Business income - capital income = 6500 euros
My take home= progressive task (Seperate verokortti?) of Earned income
- Is the above correct? I know i need to attend the free session. But those will happen after I have started my toiminimi and I would Like to figure out the odds.
- What about the net assets? from one document i see that it is: net assets = assets of the business – liabilities of the business. so basically Net asset is the business income of the first accounting period. Meaning that in Jan 2013 my net assets will be 6500 euros as I am the only founder of the company.
- In the following document http://www.masuuni.info/images/masuuni_ ... 110524.pdf it says
"Alternatively, the entrepreneur can decide that capital income will only be 10 % of net assets or that all of the business’s income is earned income."
What is the "correct" number to chose regarding the business income: 10%,20% or 100% of earned income?
- If the business income (Income from clients) goes up to lets say 95k a year is an OY advisable in this case?
- Can I open the toiminimi online. I think i saw a website that propose such but could not find it anymore
Thanks a lot
I am heading next week to open up my Toiminimi as proposed by my client. fill the Y3 form 75euros YEL insurance ( maybe open a separate company bank account) and I am all set.
I will start billing my client for a couple of months contract (Dec 2012, and Jan 2013) with the possibility of extension.
- Dec 2012 my income will be less than 8500 euros --> No VAT (in Y3 i will mark Jan 2013 as the start of VAT liability, correct knowing that i might have a longer contract with my/other client?)
- Lets say I charge bill my customer till the end of 2012, 7000 euros.
Business income to be distributed = 7000 - for exp 500 of expenses = 6500 euros
Capital income = 20% or 10 of Net assets --> First year nothing here so 0 right? and No tax on the capital income
Earned income = Business income - capital income = 6500 euros
My take home= progressive task (Seperate verokortti?) of Earned income
- Is the above correct? I know i need to attend the free session. But those will happen after I have started my toiminimi and I would Like to figure out the odds.
- What about the net assets? from one document i see that it is: net assets = assets of the business – liabilities of the business. so basically Net asset is the business income of the first accounting period. Meaning that in Jan 2013 my net assets will be 6500 euros as I am the only founder of the company.
- In the following document http://www.masuuni.info/images/masuuni_ ... 110524.pdf it says
"Alternatively, the entrepreneur can decide that capital income will only be 10 % of net assets or that all of the business’s income is earned income."
What is the "correct" number to chose regarding the business income: 10%,20% or 100% of earned income?
- If the business income (Income from clients) goes up to lets say 95k a year is an OY advisable in this case?
- Can I open the toiminimi online. I think i saw a website that propose such but could not find it anymore
Thanks a lot
Vastaukset 1
Vanhimmat
its here
http://www.prh.fi/
and some of it in english
http://www.prh.fi/en/kaupparekisteri/yrityksen_perustaminen.html