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Opening a business account is an essential part of starting business operations and taking care of the business’s financial administration. In this article, we will explain how to open a business a…

Many people dream of running a part-time business and selling their services alongside a full-time job. In this situation, is it better to choose part-time entrepreneurship or to work as a light entr…

In this article, we will tell you about the VAT register and when you have to register for VAT. We will also discuss the obligation of a light entrepreneur to join the VAT register. What is the VAT…

A VAT return is required from VAT-liable entrepreneurs for each accounting period. We will tell you how and when a VAT return must be filed, who it applies to and how it affects light entrepreneurs. …

VAT is an indirect consumption tax that is levied on consumers. Businesses selling their products and services must add VAT at the VAT rate used in their industry to their prices and remit the taxes …

Staff service work and light entrepreneurship both make it possible to earn a living, but they differ significantly from the viewpoint of the worker. In this article, we will take a look at the main …

Light entrepreneurship means that you invoice your customers as a private individual. The invoice for the work done is sent to the customer through an invoicing service, and since the customer pays t…

VAT is an indirect tax that businesses collect from consumers and remit to the tax authorities. Businesses are allowed to deduct VAT on the products they purchase, so the taxation is aimed at consume…

Many light entrepreneurs have to travel long distances using their own car. If you want to receive tax-exempt reimbursements for incurred travel expenses or deduct them in your taxation, you must kee…

It is again that time of the year when pre-filled tax returns and reviewing them are just around the corner. As a light entrepreneur, to get all the possible benefits from tax deductions and make it …

Income on maternity leave is limited, so earning a bit of extra money may seem attractive. However, working during maternity leave may affect your benefits and allowances. Read more about maternity l…

As your business grows across national borders and becomes international, the invoicing of foreign customers becomes topical. When invoicing foreign customers, the value added tax used in invoicing m…

A business plan is a written plan detailing how your company will implement its business idea in practice. A business plan will help you consider all of the key matters in founding a company, as well…

Accruing pension is something that you rarely need to think about when you are employed. The TyEL (employer’s pension) insurance ensures that you accrue pension in accordance with your pay. However…

Value added tax is a flat tax added to the price of almost all services and products, which all VAT-liable companies charge their customers and pass to the tax authorities. If a company’s revenue r…

In many fields, the work may require travelling long distances, as the work locations change regularly. Various travel costs may build up to be a significant expense in daily life, which is why tax-e…

Value added tax or VAT is a tax that is added to the price of nearly all goods and services. Businesses add VAT to their prices and report this to the tax authorities. As VAT is targeted at consumers…

Start-up money is intended for supporting new businesses and is a big question for many people planning to start operations as light entrepreneurs. We will explain what start-up money actually is, ho…

Accounting is one of the most daunting tasks for beginning entrepreneurs that requires great care and understanding of how things should be done. As a light entrepreneur, you do not need to worry abo…

VAT, or value added tax, is a tax on consumption that is included in nearly all products and services sold to consumers. Although businesses need to add VAT to their prices, they are eligible to dedu…

Small entrepreneurship is the most common form of entrepreneurship in Finland. Small businesses are more or less the backbone of Finland’s business sector as they account for 98 percent of the coun…

The career of a freelancer is nowadays possible across a number of industries. Especially many professionals in creative professions, such as graphic designers, journalists, and photographers, provid…

A trade name is the second most common company form in Finland, right after a limited company. When it comes to starting and doing business, operating under a trade name is notably lighter compared t…

Are you living abroad and have thought about working in Finland as a light entrepreneur? Or maybe you already live in Finland and are interested in becoming or trying light entrepreneurship. Well, th…