A little more than one year ago Scandicorp incorporated the Swedish subsidiary of Elevon and has been assisting with administration and accounting services. We wish here to celebrate Elevon’s growth in Sweden and abroad. Going forward, we hope to continue our support and strengthen our relationship.

Elevon provides tailored project logistics exclusively to the wind industry. In Sweden, Elevon has become a leader in port management and transport solutions to support efficient delivery of wind projects.

We always want to give our clients the best service regardless (almost!) of their core business. It is, however, especially exciting when their core business involves solutions to current environmental issues and aims at improving our collective future.

Here’s to Elevon’s achievements over the past year, their continued success in Sweden and growth in the wind industry!

(This article is a partner collaboration)

If you are considering embarking on an adventure as an international entrepreneur – then England is a great place to establish yourself. Here you can check out the reasons why.

England has always been a popular destination for exports for European companies. It is a huge market, and it paves the way for reaching the whole of the English-speaking market.

By having a presence in England, entry into the English market becomes so much more accessible to you. By establishing a company in the UK, you can also avoid the administrative burden of selling goods outside the EU.

Another important fact to bear in mind is that England is the financial centre of Europe. If you want funding and investors, England is one of the countries with the most opportunities because it is already a growth-generator and trading nation.
 
 

Many Scandinavians look to England

3 reasons why England is an important market:

1. There is access to a huge market of about 65 million people.
2. You get the best start for internationalisation of the company.
3. England is one of the most business-friendly countries in Europe and also a financial centre.

Several studies show that Scandinavian entrepreneurs do extremely well in the English market. It is easy to establish yourself, as there are fewer demands than in some other parts of Europe.
 
 

9 benefits of an English company

1. There is no minimum capital requirement
English companies can be established with a very low share capital of £1.00.
 
2. Minimal auditing obligation
British companies are significantly cheaper to maintain than most European companies. The first set of accounts are filed 21 months after the incorporation of the company.
 
3. Shareholder loans are permitted
 
4. Lower tax rate (corporation tax has fallen to 19%)
If you live in England, the tax is around 20%, depending on the size of the amount earned. However, depending on the structure, shares and assets can be placed in an English company instead. Then there is only 19% in tax on the profit. Something worth considering.
 
5. You can launch without VAT registration
There is no requirement for VAT registration until the annual turnover in UK reaches £85,000. If you sell outside the UK to an international market, you do not have to pay VAT.
 
6. Director services available
 
7. Better creditor protection
 
8. England provides large deductions on development costs
An advantage of establishing a head office of a franchise chain in the UK is that you can obtain large tax deductions on business development and product development.
 
9. England is part of The Commonwealth
The Commonwealth is an association of 54 countries with a combined populace of 2.5 billion people.

 
 
This article is a partner collaboration

Scandicorp is proud to announce that we are extending our Range of Services, from now on providing Corporate Services in Denmark. Scandicorp Group is already operating in Sweden, Finland and Norway and we are happy to tell you that we now covering the four largest regions in the Nordics.

“Denmark is an exciting place to do business! Apart from having world-class beer and delicious pastries, Denmark also has an attractive business environment with excellent infrastructure, low corporation taxes and business costs, a stable socio-economy, a highly educated workforce and a flexible labour market.” says Pavel Teplykh, Managing Director of Scandicorp Sweden.

Services Offered in Denmark:

• Danish Limited Company (ApS)
• Danish Resident Directors
• Accounting Services
• Payroll Administration
• Registered Address Services
• Office Services

Submit a request | Email us for more information

We are excited to welcome Malaly Safi, as Managing Director in Norway at Scandicorp.

She joined us 1st of February bringing management and accounting experience from retail, banking and finance with a focus on sales and customer advisory.

Looking forward to work in an international environment with amazing colleagues. I believe that Scandicorp is a company with a great potential for development. I’m grateful for the opportunity and to be a part of this growth journey.

Did you know that there are no longer any requirements on minimum share capital for Finnish companies?

Since the 1st of July 2019 the previous minimum requirement of € 2500 as paid up share capital for Finnish limited companies was abolished. This has led to easier company registration as previously the company under formation had to open its own bank account and the share capital had to be deposited at the bank and the bank had to issue proof of the share capital having been paid before its registration. Today it is possible to incorporate a company without any deposit of share capital and the bank account opening can be delayed until later.

For more information please contact Till Sahlgren at the Helsinki office of Scandicorp.

info@scandicorp.com
+358942452121

Follow Scandicorp on LinkedIn for similar updates!

We are excited to welcome Claudia Cantell, as Administrative Assistant at Scandicorp.

She joined in mid-September and will be working with us while finalising her law degree. Claudia brings years of administrative expertise both from global corporate services providers and Finland’s second largest bank. She speaks Swedish, Finnish and English and will be working out of the Stockholm office.

Fun fact! Except from being an administrative genius our new team member won the Finnish championships in cheerleading twice and finished second in the World Championships!

We are excited to welcome Pavel Teplykh, newly appointed Managing Director of Scandicorp.

Based in Stockholm, Pavel brings over 10 years of experience in the legal field, most recently as Senior Lawyer at a global Corporate Services Provider.

“I’m really pumped up to start delivering at Scandicorp! As this is my first MD appointment I was a bit nervous the first day or so, but I have to say, now three weeks in it feels like home already. Time to roll up the sleeves and get down to business!” Says Pavel Teplykh.