Can I sell products through the service?

Yes, you can! Our service is primarily intended for selling your own work, but you can also sell or manufacture products on a small scale and invoice for them through the UKKO Light Entrepreneur with a Business ID service.

Sales of products

You can sell products on a small scale, including through your own online store. However, you must create and send an invoice to each customer through the UKKO service.

The customer must always pay for their purchase using that invoice. You cannot accept payment in any other way, such as through an online store payment service, directly into your own bank account, or in cash.Yes you can! Our service is primarily intended for selling one's own work, but small-scale sales or manufacturing of products is possible through the UKKO Light Entrepreneur business ID service.

The products you sell are taxable sales, but you can still deduct their purchase price for taxation purposes. Your company's profit will decrease by the purchase price of the goods. Advance taxes are assessed according to your company's results, so you may receive tax refunds after the financial year.

What kind of product sales is not possible?

You can sell products on a small scale through the service. Therefore, larger acquisitions, such as buildings, cars or other machinery with an economic life of more than three years, cannot be acquired for sale.

What does "small-scale product sales" mean?

Small-scale product sales mean that you keep only a small amount of stock for sale, and maintaining inventory is not a significant part of your business. When assessing whether your product sales are small-scale, it is therefore important to consider the size and value of your inventory, not just your sales volume.

Stock held for sale with a value of around 1,000 € is often considered substantial inventory. However, this is a guideline, not a strict maximum limit.

If your business holds substantial inventory, you must carry out regular stocktakes, meaning counting the products in stock and keeping track of their value. You must also be able to provide an inventory list and the value of your stock at year-end and upon request. For larger-scale product sales, the UKKO Yrittäjä service for private traders is a more suitable option.

Please note that you cannot sell products outside the EU. You can only sell products to businesses operating in Finland or elsewhere in the EU and to consumers living in these areas.

Read more about international sales here: How do I send an invoice abroad in the UKKO Light entrepreneur -service?

If you have wider product sales and your goal is to grow, we recommend UKKO Entrepreneur's private trader service for your business.