Become a light entrepreneur
Our service is perfect for new and existing private traders, no matter who they bank with.
Become a light entrepreneur with Business ID
HThe 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
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 24 %) 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 worktrips. Kilometre deductions are automatically calculated and reported on the tax return.
Long-term assets
You can deduct machinery and equipments, such as a 3D printer or vehicle lift, in accounting up to 30,000 € in the service.
Who does light entrepreneurship suit?
Light entrepreneurship is the right choice for you when
- You want to provide services for consumers/other businesses
- You create products, such as artworks, 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 private trade and OP Light Entrepreneur with or without a Business ID
Bookkeeping done by oneself
Without a Business ID
OP Light Entrepreneur
Business ID
Self-managed or according to the accountant's price list
No
Included in the service
Income is processed by
Personal withdraw
As a salary
As business income
Deduction of business expenses
Self-managed or according to the accountant's price list
As expenses for the production of income on the tax return
As a expense for the production of income.
Included in the service
Deducting business expenses
VAT deductions and reliefs
Self-managed or according to the accountant's price list
No
Included in the service
Open a comprehensive comparison table of light entrepreneurship entirely.
Bookkeeping done by oneself
Without Business ID
OP Light Entrepreneur
Possibility for start-up grant
Yes
No
Yes
Accounting
Self-employed is managing himself or outsources
–
Included in the service
Opportunity to register in the trade register
Yes
Not possible
Yes
Invoicing service
Self-managed
Included in the service
Included in the service
Financial statement
Self-managed or according to the accountant's price list
No need
Included in the service
How does accounting work in OP Light Entrepreneur? (in Finnish target: _blank)
Collection
Self-managed
Included in the service
Included in the service
How to put an unpaid invoice for collection? (in Finnish target: _blank)
Self-employed persons’ pension insurance (YEL)
Self-managed
Opportunity to acquire through the service
Opportunity to acquire through the service
Other insurances
Self-managed
Not included
Not included
Resale of products
Yes
No
Yes
International invoicing
Possible
Yes
For EU area businesses only.
No
Construction industry invoicing
Possible
Yes
Yes
Entrepreneur deduction in taxation
Yes
No
Yes
VAT and tax returns
Self-managed or according to the accountant's price list
No need
Included in the service
Handling of prepayment taxes
Self-declared and payable
According to the tax card
The service pays taxes to the Tax Administration.
According to the tax percent
The service pays taxes to the Tax Administration as an additional prepayment at the end of the year.
Age limit
With parental permission as a minor.
18 years
18 years
Adding expenses
Possible through your own bookkeeping.
Not possible
Yes
Construction work
Yes
Yes
For private and businesses.
Yes
For private and businesses.
| Bookkeeping done by oneself | Without a Business ID | OP Light Entrepreneur | |
|---|---|---|---|
| Business ID | Self-managed or according to the accountant's price list | No | Included in the service |
| Income is processed by | Personal withdraw | As a salary | As business income |
| Deduction of business expenses | Self-managed or according to the accountant's price list | As expenses for the production of income on the tax return As a expense for the production of income. | Included in the service Deducting business expenses |
| VAT deductions and reliefs | Self-managed or according to the accountant's price list | No | Included in the service |
Open a comprehensive comparison table of light entrepreneurship entirely.
| Bookkeeping done by oneself | Without Business ID | OP Light Entrepreneur | |
|---|---|---|---|
| Possibility for start-up grant | Yes | No | Yes |
| Accounting | Self-employed is managing himself or outsources | – | Included in the service |
| Opportunity to register in the trade register | Yes | Not possible | Yes |
| Invoicing service | Self-managed | Included in the service | Included in the service |
| Financial statement | Self-managed or according to the accountant's price list | No need | Included in the service How does accounting work in OP Light Entrepreneur? (in Finnish target: _blank) |
| Collection | Self-managed | Included in the service | Included in the service How to put an unpaid invoice for collection? (in Finnish target: _blank) |
| Self-employed persons’ pension insurance (YEL) | Self-managed | Opportunity to acquire through the service | Opportunity to acquire through the service |
| Other insurances | Self-managed | Not included | Not included |
| Resale of products | Yes | No | Yes |
| International invoicing | Possible | Yes For EU area businesses only. | No |
| Construction industry invoicing | Possible | Yes | Yes |
| Entrepreneur deduction in taxation | Yes | No | Yes |
| VAT and tax returns | Self-managed or according to the accountant's price list | No need | Included in the service |
| Handling of prepayment taxes | Self-declared and payable | According to the tax card The service pays taxes to the Tax Administration. | According to the tax percent The service pays taxes to the Tax Administration as an additional prepayment at the end of the year. |
| Age limit | With parental permission as a minor. | 18 years | 18 years |
| Adding expenses | Possible through your own bookkeeping. | Not possible | Yes |
| Construction work | Yes | Yes For private and businesses. | Yes For private and businesses. |