Yes, starting a business name and becoming a private trader is easy, however, it will also tie you to all the responsibilities and duties of an entrepreneur.
This means that in addition to doing what you love and feel passionate about, you also need to take care of:
- YEL- pension payments
- withholding tax and tax reports
- financial statements and bookkeeping
- invoicing and debt collection (when necessary)
By being an UKKO light entrepreneur, you can leave all the worries about bureaucracy to us, which means you can put all your focus on your core talent and marketing yourself. UKKO.fi will take care of all the necessary administrative and legal obligations. We want to help you do what you love the most and invoice your work without having to take the responsibility of managing a company.
You can also test the value of your business idea by trying it out with our UKKO.fi service before starting your own company. Registration is free and there are no monthly fees.
However, if you have a business idea that you want to try out with a Business ID, check out UKKO Light Company and UKKO Private Trader services! With UKKO Light Company you continue as a light entrepreneur but only with Business ID that gives you all the tax benefits and possibility for larger deductions. If you have regular and larger business, then choose UKKO Private Trader.
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