UKKO Light entrepreneur with a business ID is suitable for you if you want your own business ID, but you don't want to make a big commitment to entrepreneurship. So you can try it easily and effortlessly without running monthly costs.
With your own business ID, you get a wider right to deduct small purchases related to your activity compared to a light entrepreneur without a business ID. The business ID also enables you to have a VAT lower limit reduction, which means you can get up to 3600 euros back from the VAT you paid.
You will not incur running costs, but only pay the service fee when you send the sales invoice and your customer pays it. See our price list here.
The light entrepreneur's business ID enables light entrepreneurs to enjoy all the benefits of their own business ID easily and effortlessly:
- Tax deductions for small purchases.
- VAT lower limit relief when turnover falls below 30,000 euros.
- With the business ID, you get 5% of your income tax-free thanks to the self-employed deduction.
- You can also sell products.
- Opportunity for start money.
We offer the widest range of tools for independent entrepreneurs. Contact our customer service if you have any questions about whether our service is right for you!
Please note that using the UKKO Light Entrepreneur service with your own business ID requires a Finnish bank account and you can't invoice abroad.