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Printed by customer 2012.05.22

Long-term rental

It is not necessary for your company to own equipment

Leasing means long-term rental of movable fixed assets, such as IT and office equipment, furniture and machinery. The financier owns the equipment but the leases are fully deductible expenses for your company. VAT deduction is allowed by lease instalments.

How does your business benefit from leasing?

  • No capital tied to owning - your company only pays for the use of equipment

  • Enables up-to-date equipment management

  • Real security can be used for other projects

  • Off-balance liability (NB. Groups applying IFRS follow IFRS principles regarding leasing)

  • Easier to budget and plan financing