Can I invoice companies in the EU?

Yes, you can invoice companies in the EU through the service. You can also add revenue to your accounting records Sales settlement received from corporate customers in the EU. In this context, "corporate customer" refers to a customer who has a valid VAT number in another EU country.

Income from abroad is included in our standard service fee, and no separate surcharge is applied. Please note, however, that your business must be registered for VAT in order for your foreign income to be eligible for our service.

Services sold to companies within the EU are generally invoiced without Finnish VAT if the buyer is a company operating in another EU country and has a valid VAT number. In such cases, the sale is generally subject to a reverse charge, meaning that the buyer declares and pays the VAT in their own country. Be sure to ask your foreign corporate customer for their VAT number and enter it in the appropriate field when creating an invoice or settlement.

You must submit a summary report on such sales to the Tax Administration on a monthly basis, regardless of your VAT reporting period. Don't worry—we'll prepare a summary report for you, as long as you have invoiced and settled these sales shortly after providing the service or shipping the product.

The summary report provides information on each buyer's VAT number, as well as the amounts in euros for goods and services sold, listed separately. It is therefore important that when invoicing or recording revenue from sources other than the service that you list the services and products separately.

Are there any exceptions or restrictions when invoicing companies within the EU?

Yes, there are exceptions and case-by-case situations related to sales. Although a reverse charge is often applied to business-to-business sales, not all sales fall under this general rule.

Examples of exceptions

Exceptions apply, for example, in the following situations:

The services mentioned above are normally subject to Finnish VAT rates.

Please note that similar services abroad are not eligible for our service, as they are taxed in the country where they are located.

If the sale involves an exception, a requirement to register in the destination country, or another specific VAT situation, our service may not support that sale.

In international trade, VAT is always determined on a case-by-case basis based on the nature of the sale, the buyer's status, and the country of sale. We recommend contacting our experts via chat before making a payment and issuing an invoice if you’re unsure about the correct tax treatment – we’re happy to help!

Be sure to check out our comprehensive guide to international VAT in our article Guide to foreign VAT, where you’ll find more information on invoicing companies in the EU and the related tax regulations.