Become a light entrepreneur
Start your entrepreneurship journey lightly today. Invoicing is easy with a Business ID or without it.
Our service is perfect for new and existing private traders, no matter who they bank with.
Become a light entrepreneur with Business ID
Become an OP Light EntrepreneurWith a Business ID
The easiest way to invoice and enjoy all the tax benefits that come with a business ID. Perfect for both new and existing private traders.
- Tax deduct your business-related expenses.
- With business ID, you will receive VAT relief.
- With the entrepreneur deduction, 5 % of your income will be tax-free.
- You can apply for start-up grant.
- We will handle your tax returns and tax payments on your behalf.
Invoice without Business ID
Start invoicingWithout a Business ID
Take your first steps as a light entrepreneur without setting up a business ID, or invoice occasionally with no commitments.
- No commitments, you can send a single invoice without setting up an own business ID.
- You only invoice for occasional work gigs.
- Extra income alongside work, study, or unemployment benefits.
Over 25,000 light entrepreneurs already trusts OP Light Entrepreneur services
The main reason for me to engage in light entrepreneurship was to earn extra income and maintain my carpenter skills. As a novice entrepreneur, bookkeeping and tax matters seemed challenging, so it was easy to choose the OP Light Entrepreneur service, where these matters were taken care of, and my questions were answered.Juuso, Carpenter
I started as an OP Light Entrepreneur years ago when I was asked to take on the role of a social media strategist for a company. That's when I realized I could easily offer my services to other businesses as an OP Light Entrepreneur, and also invoice influencer collaborations through the service. Joining Light Entrepreneur service became necessary when I had accidentally turned my hobby into a business. As a student, the additional earnings as an OP Light Entrepreneur have been extremely important.Heini, Social media strategist
OP Light Entrepreneur is an easy-to-use and straightforward service. I invoice my company's (umba.fi) gigs, presentation, and consulting fees conveniently with e-invoices. It works!Antti Vuorela, Umba.fi, Director, Performer, Digital Specialist
Forget the paperwork
We'll handle the paperwork, tax returns and tax payments on your behalf, leaving you to do what you do best – productive work.
The easy way to send bills
With our service, sending bills is easy and free of charge. Just tell us who you are billing, and for what — we’ll handle the rest for you.
Automatic bookkeeping
Outgoing and incoming bills and payments are automatically entered in bookkeeping. You can also enter cash sales in the accounts. We automatically make the appropriate tax deductions as you add business expenses.
Payments are clear
We charge a service fee (+ VAT 25,5 %) of 5 % of your sales before VAT. The rest is paid into your account.
The service charge is only paid on net sales of up to 30 000 euros. If your net sales exceed 30 000 euros, you’ll pay no further service fees for the year in question.
We will handle taxes
We withhold taxes and VAT on your behalf from actual sales and pay them on your behalf.
Driving log
Free driving log to easily keep track of deductible work trips. Kilometre deductions are automatically calculated and reported on the tax return.
Long-term assets
You can deduct machinery and equipment, such as a 3D printer or vehicle lift, in accounting up to 30,000 € in the service.
Who is light entrepreneurship suited for?
Light entrepreneurship is a good option if you a promising business idea and want to start up a company easily. As a light entrepreneur, you can take time to test your business idea while focusing on your customers’ needs and developing your business.
Light entrepreneurship is the right choice for you when
- You want to provide services for consumers/other businesses
- You create products, such as works of art, for sale
- You want freedom to manage your work and time
- You want to focus on your business and outsource the paperwork to us
Compare the differences between OP Light Entrepreneur, OP Light Entrepreneur without a business ID and private trade done by oneself.
| OP Light Entrepreneur | OP Light Entrepreneur Without a Business ID | Bookkeeping done by oneself | |
|---|---|---|---|
| Business ID | Included in the service | No business ID | Self-managed or according to accountant pricing |
| Accounting | Included in the service | Not needed | Self-managed or according to accountant pricing |
| Adding expenses | Yes | On personal tax return | Self-managed or according to accountant pricing |
| VAT and tax reliefs | Included in the service | Not needed | Self-managed or according to accountant pricing |
| Handling of prepayment taxes | The service pays taxes as an additional prepayment according to tax percentage | The service pays taxes according to tax card | Self-declared and paid |
Open a comprehensive comparison table of light entrepreneurship entirely
| OP Light Entrepreneur | OP Light Entrepreneur without Business ID | Bookkeeping done by oneself | |
|---|---|---|---|
| Entrepreneur deduction in taxation | Yes | No | Yes |
| Possibility for start-up grant | Yes | No | Yes |
| Opportunity to register in the trade register | Yes | No | Yes |
| Sending invoices | Included in the service | Included in the service | Self-managed |
| Collection | Included in the service | Included in the service | Self-managed |
| Self-employed persons’ pension insurance (YEL) | Available through the service | Available through the service | Self-managed |
| Resale of products | Yes | No | Yes |
| International invoicing | No | For EU area businesses | Self managed |
| Income is processed as | Business income | Salary | Personal withdrawal |
| Age limit | 18 years | 18 years | 15 years |