1. Which countries does Holvi offer services in?
We currently offer our services in Finland, Germany, Austria and through our in Belgium, France, Ireland, Italy and the Netherlands. Please note, that as an account creator you must have your main residence in the same country as your company is registered, but you don't need to be a national of that country. Administrators, editors and beneficial owners (who are not account creators) may live in another country within the EEA, please find more information about this here.
Please note, that Holvi is not able to support residents of countries that are not FATF compliant and listed as "High risk and non-cooperative".
Holvi currently does not support FATCA reporting, so unfortunately we can't offer accounts for customers that represent US indicia and might be liable for FATCA reporting (e.g. US citizens).
FATCA (US reporting)
The Foreign Account Tax Compliance Act (FATCA) is a 2010 United States federal law to enforce the requirement for United States persons including those living outside the U.S. to file yearly reports on their non-U.S. financial accounts to the Financial Crimes Enforcement Network (FinCEN).
Who is affected by FATCA?
The Act applies to "U.S. persons "(US taxpayers), Individuals and legal entities which meet any of the following US indicia:
Identification of the Account Holder as:
- U.S. citizen or resident;
- Unambiguous indication of a U.S. place of birth;
- Current U.S. mailing or residence address (including a U.S. post office box);
- Current U.S. telephone number; (with the prefix +1)
- Standing instructions to transfer funds to an account maintained in the United States;
- Currently effective power of attorney or signatory authority granted to a person with a U.S. address; or
- An “in-care-of” or “hold mail” address that is the sole address the Reporting Finnish Financial Institution has on file for the Account Holder.
2. Which company forms does Holvi support?
In general, Holvi does not support ownership structures that involve one or more legal entities with 25% or more shares / investments. That means if your company is owned by another company, we will not be able to offer you an account.
The following company types are accepted:
Finland:
- Oy - Osakeyhtiö