Payroll & Tax in

Mercans is a globally recognized industry leader at the forefront of revolutionizing payroll and Employer of Record (EOR) services.

Our distinguished international presence enables us to offer a comprehensive range of HR solutions through our advanced global payroll platform. With over two decades of expertise in managing payrolls across 160 countries, we provide a secure and centralized platform for overseeing all your HR needs.

Client’s Challenges in Finland

Finland has intricate payroll legislation with specific rules and regulations that can be challenging and time-consuming for businesses. Mercans possesses in-depth knowledge of Finnish payroll legislation. Our team of experts stays up to date with the latest regulations, ensuring compliance and providing guidance to clients regarding labor laws, tax requirements, and reporting obligations.

Client’s Challenges in Finland

Mercans can guide companies through the process of acquiring a business ID in Finland. We have experience in navigating the joint company and community information system of PRH and the Tax Administration, ensuring a smooth and timely registration process. Our experts can provide assistance in completing the necessary paperwork and meeting the requirements for registering a new company.

Client’s Challenges in Finland

Finding skilled labor in certain industries or regions of Finland might be a challenge, particularly if specific expertise or language skills are required. Finland also has a high standard of living and relatively high labor costs compared to many other countries. However, our vast network and recruitment expertise connect you to a global talent pool of skilled professionals with the necessary skills. Additionally, we assist businesses in optimizing workforce management to control labor costs and maintain competitiveness in Finland’s high-standard, high-cost environment.

Client’s Challenges in Finland

Mercans can help businesses with the regular notifications required by the Tax Administration in Finland. Our team can assist in compiling and submitting the necessary information on a monthly, quarterly, or annual basis, ensuring compliance with tax reporting obligations. We can also provide guidance on the specific requirements and deadlines for different types of notifications.

Client’s Challenges in Finland

Onboarding new employees in Finland requires a written employment contract and the provision of a tax card by the employee. Failure to obtain a tax card may result in the employer withholding 60% of the salary. Mercans provides professional support to companies in Finland during the onboarding process. We specialize in drafting employment contracts that adhere to Finnish labor laws, encompassing essential terms and conditions. Additionally, we offer guidance on the acquisition and management of tax cards for employees, ensuring compliance with tax withholding regulations.

Client’s Challenges in Finland

In Finland, EMP 201 integrates tax authorities and statutory insurance reporting. Employers report earnings by the 5th of the payment day, and insurance offices access income details through a portal. Mercans excels in payroll and tax compliance, ensuring accurate and timely submission of income details, including insurance and contributions, through the required portal.

Client’s Challenges in Finland

Under the Health Insurance Act, employers must pay health insurance contributions for employees aged 16 to 67 covered by the Finnish social insurance system, regardless of tax withholding. Mercans offers expert assistance to businesses in understanding and managing employee health insurance contributions. We provide guidance on employer obligations and ensure compliance with the Health Insurance Act.

Client’s Challenges in Finland

Mercans can assist businesses in understanding and complying with collective bargaining agreements in Finland. We can help companies navigate the specific terms and conditions regarding wages, working hours, and benefits within their industry or sector. Our experts can provide guidance on ensuring compliance with these agreements to maintain a harmonious employer-employee relationship.

Client’s Challenges in Finland

In Finland, all residents are covered by Kela, the Social Insurance Institution, for essential social security benefits. While specific registration is not required for individuals, businesses play a vital role in facilitating the reimbursement process for employees’ sick leave, maternity leave, parental leave, and other related benefits. At Mercans, we offer comprehensive support in managing the application and reimbursement procedures with Kela, ensuring that businesses effectively fulfill their obligations in providing social security coverage to their employees.