Release product without registering business

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jack2012
Posts: 69
Joined: Sun Dec 03, 2017 12:58 pm

Release product without registering business

Post by jack2012 » Mon Sep 24, 2018 10:17 am

Hi,

Is it good idea to release product(Android app) without registering or having a business in Finland? Would you do it or what can be drawbacks for it?

I feel, registering business and then bookkeeping is extra work load!

Kiitos :)



Release product without registering business

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betelgeuse
Posts: 2857
Joined: Thu Aug 29, 2013 1:24 am

Re: Release product without registering business

Post by betelgeuse » Mon Sep 24, 2018 10:34 am

jack2012 wrote:
Mon Sep 24, 2018 10:17 am
Is it good idea to release product(Android app) without registering or having a business in Finland? Would you do it or what can be drawbacks for it?

I feel, registering business and then bookkeeping is extra work load!
It's possible when you don't expect much revenue. Once you reach, for example, the VAT threshold you must register.

https://www.vero.fi/en/businesses-and-c ... taxes/vat/


betelgeuse
Posts: 2857
Joined: Thu Aug 29, 2013 1:24 am

Re: Release product without registering business

Post by betelgeuse » Mon Sep 24, 2018 11:02 am

jack2012 wrote:
Mon Sep 24, 2018 10:17 am
I feel, registering business and then bookkeeping is extra work load!
Regardless of whether you register, you still must do some bookkeeping to be able to fill your tax returns properly.


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