Accounting company
An accounting company in Finland for small and medium-sized businesses
Karma Accounts Oy is a Helsinki accounting company for sole traders and small and medium-sized limited companies anywhere in Finland: bookkeeping, VAT, payroll, financial statements and tax returns, online, in English, Finnish, Hindi or Nepali, from 69 euros a month.
An accounting company keeps your books, files your VAT and payroll reports, and prepares your financial statements and tax return, so that the Finnish authorities get what they need on time and you know where your business stands. Karma Accounts does that for small and medium-sized businesses across Finland, online, for a fixed monthly price that does not count your receipts. The person who does your books is the person who answers your email.
What an accounting company does for your business
Most clients take all of it. You can also take one part, for example payroll only.
- Bookkeeping every month, from your receipts, sales invoices and bank lines. What a receipt has to show.
- VAT returns filed in MyTax (OmaVero) by the due date, including the quiet months that still need a return. The VAT deadlines.
- Payroll: payslips on payday, and the Incomes Register report within five days of it. What an employee costs in 2026.
- Financial statements and tax returns for a sole trader (toiminimi) or a limited company (Oy). The year-end deadlines.
- Starting up: the Business ID, the VAT and prepayment registrations, and the Suomi.fi mandates. Starting a business in Finland as a foreigner.
- Answers when something changes: a first employee, a car, a client abroad, a letter from the Tax Administration. Read the articles.
How to compare accounting firms in Finland
Price lists look alike. The differences are in what the monthly fee leaves out. These are the seven questions worth asking any accounting firm, ours included.
| Ask | Why it matters | Our answer |
|---|---|---|
| How is the monthly fee set? | Some firms price by the voucher: the fee covers a set number of receipts and each one over it is charged extra, so a busy month costs more. | By turnover, with no voucher limit: 69 € a month for a sole trader, 199 € or 249 € for a company, and a written quote above 500 000 € turnover. |
| Is the year-end in the price? | Some monthly fees leave out the financial statements, which then arrive as a separate bill after the year ends. | Yes. The financial statements and the tax return are in the monthly fee. |
| Who pays for the software? | Some firms bill a software licence on top of the monthly fee. | We do. No licence on top, and nothing to keep paying if you leave. |
| Who actually does the work? | Ask whether the person who answers your email is the person who does your books. | One accountant, start to finish. Nothing is outsourced. |
| Which language do they work in? | The filings are made in Finnish. What matters is whether you understand what was filed and why. | English, Finnish, Hindi or Nepali with you, Finnish with the authorities. |
| Is the firm what it says it is? | Search the business ID at ytj.fi. It is free, and it shows whether the firm is in the prepayment and VAT registers. | Business ID 3651800-4: in the Trade Register, the prepayment register and the VAT register. |
| What happens if you leave? | Notice periods and exit fees are where a cheap contract turns expensive. | No start-up fee and no fixed term. Two months’ written notice, ending at the end of a month, the same for both sides, and your books go with you in electronic form. |
There is no official ranking of accounting firms in Finland, and we will not call ours the best. If a firm's answers to these questions suit your business, it is a good choice for you. The longer version of this checklist.
What it costs
One fixed monthly price, set by your turnover, with no limit on receipts. Prices are without VAT; 25.5 % is added.
| What | Price | What it covers |
|---|---|---|
| Sole trader | 69 € / month | Bookkeeping, VAT returns, the business tax return at year-end, the accounting software, and the answers in between. No limit on receipts. Above 240 000 euros of turnover the company prices apply. |
| Company (Oy), turnover up to 240 000 € | 199 € / month | Bookkeeping, VAT returns, the financial statements and the tax return at year-end, the accounting software, and the answers in between. No limit on receipts. |
| Company (Oy), turnover over 240 000 € up to 500 000 € | 249 € / month | The same work for a bigger business. Still one fixed figure, still no limit on receipts. |
| Company (Oy), turnover over 500 000 € | By quote | A monthly price set after we have gone through the business with you: its volumes, payroll, the monthly reporting it needs and any group companies. You get it in writing before anything starts. |
| Payroll | 15 € / payslip | Each person paid on a pay date gets a payslip, so paying five people on the same date is 75 €. That covers the payslips, the Incomes Register report within five days, and working out the payments due on the 12th. Charged only in the months a payroll is actually run, whether that is once a year or every month. |
The monthly price is the yearly price divided by twelve, with nothing waiting in the spring. A sole trader pays 828 euros a year and a company 2 388, each up to 240 000 euros of turnover. With turnover over 240 000 and up to 500 000 euros the price is 2 988 a year; above 500 000 euros it is a written quote. Payroll is 15 euros for each payslip. Compare that with the whole of what you pay now, including the financial statements and any software licence.
Who we work with
Sole traders (toiminimi) and small and medium-sized limited companies (Oy) anywhere in Finland: consultants and freelancers, delivery and courier drivers, restaurants and small shops, founders who moved to Finland and run their business in English, and growing companies that need a monthly close or have group companies. We do not audit, we are not a law firm and we do not give investment advice; if you need one of those, we will say so. In the Helsinki region? See bookkeeping and accounting in Helsinki.
How we start
- A free introduction. Half an hour online, or a few emails, about what your business does and how the receipts arrive today.
- A written price, and identification. You get the scope and the fee in writing before anything starts, and we verify your identity, which Finnish anti-money-laundering law requires of every accounting firm.
- Access, not paperwork. You approve a Suomi.fi mandate so we can file for you, and give us access to the bank statements. How the mandate works.
- Switching mid-year. We agree the handover date, ask for the books and balances so far, and check them before carrying on.
Questions about choosing an accounting company
Do I have to use an accounting company in Finland?
No. Every business, a sole trader included, must keep books under the Accounting Act, but the law does not say who keeps them. Most people use an accounting company because the returns, deadlines and year-end take time and are expensive to get wrong.
How much does an accounting company cost in Finland?
It depends on how the firm prices. Some charge a monthly fee that covers a set number of receipts, plus a charge for each one over it, and some bill the financial statements and the software separately. With Karma Accounts a sole trader pays 69 euros a month and a company 199 or 249 (by quote above 500 000 euros of turnover), with the year-end and the software included. VAT of 25.5 % is added.
Which is the best accounting firm in Finland?
There is no official ranking. The best one for you is the firm whose answers to the questions above fit your business: how the fee is set, what it leaves out, who does the work and in which language. We would rather you checked us against that list than took our word for it.
Do you work with clients outside Helsinki?
Yes, anywhere in Finland. We are based in Helsinki and the work is online, by video call and email. In the Helsinki region we can also meet at your premises, by arrangement.
Can I switch accounting company in the middle of the year?
Yes. We agree the handover date, ask for the books and balances so far, and check them before carrying on. Your books are yours, and they go with you if you ever leave us too.
Which languages do you work in?
English, Finnish, Hindi or Nepali with you, Finnish with the authorities. The filings go in Finnish, and Finnish letters are explained to you in substance. Working with an English-speaking accountant.
Tell us about your business
Say whether you are a sole trader or a limited company, roughly what your yearly turnover is, and whether you pay salaries. You get a written price before anything starts.
Request a free introductionPlease don’t send bank credentials, personal identity codes or other sensitive data by email.