Light entrepreneurship is entrepreneurship without your own Business ID, which means that you invoice under FREE.fi’s BusinessID. When you are a light entrepreneur you don’t need an accountant, debt collection services or any other bureaucracy in your work life, because we will take care of these things for you. You will send an invoice for the work done from our service to your customer and you will receive salary through FREE.fi when your invoice has been paid.
Starting a light entrepreneurship through FREE.fi is free and does not bind you to anything. You can easily join our service with your email address. Once you have created an account, our app will guide you through filling out your own information, creating a customer, and filling out your billing information. Unlike setting up a business name or limited company, FREE.fi does not charge monthly fees even if you take a break from our service. Free.fi handles the accounting procedures and taxes behalf of you. You also have the opportunity to authorize FREE.fi to handle YEL payments directly from your salary.
Almost anyone can be a light entrepreneur, but people who need a license to practice cannot act as light entrepreneurs. These are for example the Taxi sector or the care sector. The concept of light entrepreneur taxation, on the other hand, is well understood, namely that you are only required to do so with your personal tax card (which you can conveniently upload electronically to our service), and you can start invoicing for your skills.
The income you earn through a light entrepreneur is earned income, which is progressively taxed in accordance with Finnish legislation. So the more you earn per year, the higher your tax rate. When you bill for your work, all statutory premiums and taxes have already been paid into the amount transferred to your account, and you no longer have to worry about these separately.
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