Entrepreneurs

Entrepreneurs unemployment benefit extended till end of 2020

Foreigner.fi 02/Jul/2020

By the end of May, Kela had paid almost 35.5 million euros in labour market subsidies for entrepreneurs.

ENTREPRENEURS

Parliament approved extension of startup grants to 18 months

Foreigner.fi 23/Jun/2020

The legislative amendment is intended to ensure that entrepreneurs who receive seed funds can start and establish business operations despite the coronavirus epidemic.

CORONAVIRUS

Some restaurant restrictions will be in force until September

Foreigner.fi 18/Jun/2020

Limitations on capacity and opening hours will remain in force until 13 July, but others will be in effect beyond that date. Full normality won't hit the business until September.

FROM MONDAY 22

Government allows restaurants to extend their sales hours

Foreigner.fi 17/Jun/2020

Buffets will be allowed again. Events for more than 500 people may be allowed indoors and outdoors as of 1 August.

ENTREPRENEURS

Start-up grants encourage new business

Foreigner.fi 14/Jun/2020

The desire to create a job themselves, freedom and independence in working life, and the ability to make better use of their professional skills and education are the main motivational factors for…

Restaurants will be compensated for restrictions without application

Foreigner.fi 05/Jun/2020

The compensation can be no more than 15% of the sales decrease, nor can it exceed 500,000 euros.

SURVEY

Covid hit migrant entrepreneurs harder than native Finns

Ali Abaday 04/Jun/2020

According to a survey by Suomen Yrittäjät, almost 90% of foreign entrepreneurs say their sales dropped during the epidemic.

Businesses may recover VAT paid earlier and reschedule payment

Foreigner.fi 21/May/2020

However, this will not be for free: rescheduled payments will be subject to 3% interest.

Swedish corona-safe restaurant serves one guest at a time in a meadow

Foreigner.fi 12/May/2020

There are now waiters and food comes to the table in a basket via a pulley system. Owners say the restaurant is fully booked through May, while some slots are still available in June and July.

Iraqi brothers’ mobile barber very popular in corona days

Foreigner.fi 11/May/2020

Different from the regular barbers there is only one customer in the barber mobile.

Suomen Yrittäjät wants to help foreign entrepreneurs deal with corona

Foreigner.fi 29/Apr/2020

The Federation of Finnish Enterprises has launched a survey to learn how this crisis has affected your business.

Government offers restaurants loans after giving millions to big companies

Foreigner.fi 27/Apr/2020

Small entrepreneurs may be able to borrow the VAT they have already paid but will have to repay it with interest.

Restaurants and bars will close at midnight on Friday due to the epidemic

Foreigner.fi 03/Apr/2020

Find in this article links to official information and guidance for business owners in 14 different languages.

Entrepreneurs entitled to unemployment protection due to coronavirus

Foreigner.fi 02/Apr/2020

The total amount is about 724 euros per month, although it may be reduced if the business has not been terminated and the beneficiary still has some income.

Sole entrepreneurs can apply to municipalities for financing to overcome Covid-19 crisis

Foreigner.fi 30/Mar/2020

The support would consist of a fixed sum which could be used for any business expenses, including fixed costs such as rents.

Vero offers tax arrangements to entrepreneurs affected by coronavirus

Foreigner.fi 19/Mar/2020

Business owners and entrepreneurs can request a deferment of tax debt payments. In addition, the rate of late-payment interest on taxes included in the arrangement will be lowered from 7% to 4%.

Countdown to nominate the Young Entrepreneur of the Year 2020

Foreigner.fi 06/Jan/2020

If you know someone aged 36 or under who you think deserves this award, nominate them for inclusion in the competition before 14 February 2020.

Entrepreneurship

Faisa Egge, immigrant entrepreneur of the year: "I started collecting bottles"

Cesar Calvar 11/Dec/2019

The Organisation of Finnish Entrepreneurs ( Suomen Yrittäjat ) awarded 3,000 euros to a Kenyan immigrant. She came to Finland with almost nothing and now she runs a company which offers home care…

Entrepreneurs guide

Thousands of profitable small companies need entrepreneurs

Cesar Calvar 07/Oct/2019

According to Suomen Yrittäjät , 34,000 entrepreneurs over 54 years old are willing to transfer their business outside the family in the next 10 years. About 15% of those companies could be suitable…

Aspects to verify carefully when buying an existing business in Finland

Pentti Kuusinen 24/Sep/2019

If you are an entrepreneur willing to do business but you do not want to start from scratch, buying an existing company is a reasonable option. One major advantage is that you can look at the…