Light entrepreneurship – invoice your work without risks

Sometimes a light entrepreneur may wonder how much of the charged amount will be left after taxes, service fees and other statutory deductions. Try Eezy’s salary calculator to see how much you would need to charge for your work in order to get the pay you want. Certain expenses are always deducted from the salary of a light entrepreneur, such as withholding tax according to your tax card, Eezy’s service fee, EezyTurva and fees for any additional services. Additional services may include, for example, the EezyExpress service, which allows you to receive your salary even immediately on the day the invoice is sent. If you are obliged to take out YEL insurance, your health insurance contribution will also be deducted from your pay. You can find out the amount of the contribution by using the pay calculator.

An entrepreneur’s everyday life is often a challenging combination of freedom and responsibility. Despite how rewarding it can be, an entrepreneur’s everyday life is not usually described as a feather-light floating, whether you are a light entrepreneur or an entrepreneur with a business ID. A light entrepreneur works just as hard for his or her salary as an entrepreneur with a business ID.

In fact, the lightness comes mainly from the weight of bureaucracy you take from your own shoulders and place on ours. The paperwork that we do for you. The obligations you do not need to spend a minute on. The support you receive from us at all stages of your entrepreneurship. The feeling of not having to worry about everything yourself, and being able to focus on your work completely.

• A Shorter To Do -list? Yes please!
• Fewer things to worry about? I hope so!
• More time for your invoiced work? Absolutely!

Light entrepreneurship is suitable for many industries and different life situations. Whether you’re thinking of doing occasional gigs while working a day job or becoming a full-time entrepreneur, light entrepreneurship is a great option for testing a business idea. As a light entrepreneur, you can easily learn more about entrepreneurship and do the work of an ordinary entrepreneur with few obligations.

As a light entrepreneur, you employ yourself and sell your own expertise. You operate independently and entrepreneurially, without your own Business ID.  However, it is good to know that a light entrepreneur is a marketing term and it is a fairly new form of doing work.

As a light entrepreneur, you are an employee for tax and accounting purposes. This means that as a light entrepreneur, you do not have to file an entrepreneur’s tax return, accounting, or VAT returns to the Tax Administration, as an entrepreneur with a business ID must. The term light entrepreneur also derives from this ease in bureaucracy.

As a light entrepreneur, you are an entrepreneur from an unemployment security point of view. A light entrepreneur is not employed by his client within the context of the Employment Contracts Act, nor is a light entrepreneur employed by a light entrepreneur service. A light entrepreneur still could get a so-called adjusted unemployment allowance if the entrepreneurial activity is considered as auxiliary activity.

Also, regarding pension insurance, a light entrepreneur is equated with an entrepreneur. As a light entrepreneur, you are covered by the YEL insurance and you are responsible for acquiring the YEL insurance yourself.

Being a light entrepreneur differs from working directly with a tax card in that working with a tax card is an employment relationship. This means that your employer will then perform all employer’s statutory obligations. Especially in project-type as well as short-term jobs, this is often perceived as burdensome, or sometimes even impossible. You can buy work from a light entrepreneur with an invoice as you would from a company, and we take care of all the statutory fees applicable to invoicing services. In addition, all our light entrepreneurs are insured with working time accident insurance and operational liability insurance.

Read more about Eezy’s light entrepreneurship.

Light entrepreneurship is suitable for most fields. For example, you can do construction work, digital marketing, photography, consulting, or e-sports player work. Light entrepreneurship is a viable solution for many situations:

• Entrepreneurship is interesting, but becoming an entrepreneur feels too difficult. Starting a business, accounting, taxation, and other responsibilities of an entrepreneur can seem tricky and complex. When you work through us, you do not have to start your own business, and your time is not spent on entrepreneurial responsibilities or paperwork. You can focus on your own work and its marketing – we take care of everything else!
• You want to turn your skills into making a living. Numerous full-time light entrepreneurs invoice through us. It is enough that you have some skill that others are willing to pay for. You can also easily work in different industries doing different jobs: your income can consist of things like personal trainer work, yard design, and content writing.
• You want to test your plans risk-free before starting your own business. With Eezy, you can easily test your business idea, acquire clients before starting your own business, and otherwise become familiar with the invoicing of your own work. You can stop using our service at any time and start operating through your own company. If you are planning to apply for a start-up grant, you will benefit from the experience gained through Eezy.
• You want to be entrepreneurial alongside your main job. Gig, seasonal and project-type work, in addition to studies or your own paid work, is handy for invoicing through Eezy. That way, you can focus solely on doing gigs, and you do not have to spend your time on the duties or paperwork of a part-time entrepreneur.
• You have a skill or hobby that generates occasional income. As an individual, you cannot invoice your client directly, but you either need your own company or you can handle the invoices conveniently with the help of a light entrepreneur service. If you are interested in occasional income but not entrepreneurial work, it is easy to manage finances as a light entrepreneur.
• You are unemployed and want to employ yourself. Even if you have not found a job for yourself, there may still be a need for your skills and input, as well as buyers. Most companies have work to be done, but it is not done in an employment relationship, for example due to the project or seasonal nature of the work. In this case, the possibility of invoicing the work may be the solution.
• You would like to start a business, but you are not be able to access the prepayment register. If you have tax debt, the company you set up is unlikely to be on the Tax Administration’s prepayment register. Being on the register is practically essential for you to invoice your work. As an Eezy light entrepreneur, you do not have to be on the prepayment register because we invoice your work for you.

The user of our service must be a private individual and a taxpayer in Finland. In the following cases, you may want to contact our customer service for advice on how to get started:

• You are a minor – you are welcome to be a light entrepreneur in Eezy, but you need permission from your guardian to start using the service.
• You want to set up an Zettle payment terminal. – EezyPay payment solution might also work for you.
• You sell your services on an online platform – EezyPay, our additional service could be the solution for handling payment traffic.
• You already have your own business – you can continue your business through Eezy, but you cannot have your own active business at the same time as you are a light entrepreneur through us. You can end your own business or suspend it by deleting it from the prepayment and VAT registers.
• You are a citizen of another country besides the EU, Iceland, Liechtenstein, Norway, or Switzerland. This does not prevent you from using our service, but non-EU or non-EEA citizens must have a work and residence permit.

Not all work can be invoiced through Eezy as a light entrepreneur, or they can only be done on a limited basis. Before you start, please familiarize yourself with the industries with limitations for light entrepreneurs.

Eezy light entrepreneurship is suitable for many situations, but in some cases your own business could be a better option.

Light entrepreneurship is a great option when…

• Accounting, entrepreneur’s tax return, and other entrepreneurial paperwork are not part of your passion or your strongest areas of expertise. In addition to saving yourself as a light entrepreneur from the above, you also get support and help from us at all stages of your business, in addition to getting started.
• You want to be entrepreneurial, but you are not enthusiastic about starting and running your own business.
• You want to go quickly and directly where the action is – all you have to do is register for the service and you can do your first job as a light entrepreneur right away!
• You do not want to learn everything alone – we advise on all important things: e.g. the pricing, invoicing, VAT, expense reimbursements and tax deductions of one’s own work.

We recommend starting your own business if…

• You work as a retailer of products. You cannot resell only goods, materials, or other products through us. However, you can sell supplies and materials through Eezy if they are related to the work you do. You can also sell products you have made and designed yourself through us. If you act as a sales representative selling products or services on behalf of your client, you can invoice for compensation through Eezy.
• Your business requires large investments in equipment. As a light entrepreneur, you cannot use computers, phones, cameras, or other similar purchases as deductions that can be used elsewhere than in the work you invoice. However, you can have these acquisitions deducted as cost of income in your own tax return.
• You want to operate VAT-free because your turnover is small. You can operate in your own company without VAT if your turnover is less than 20,000 € / 12 months. There is no such possibility when you invoice through Eezy. VAT-free is an advantage if your clients are private persons or VAT-exempt entities. If your clients are businesses subject to VAT, there is no benefit for being exempt from VAT because the VAT included in the invoice is a deductible transit item and therefore not an expense that increases the price of your work.

There are also certain jobs that cannot be invoiced or can be done on a limited basis through Eezy as a light entrepreneur. Check out limited jobs.