News about Entrepreneurs

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YEL insurance, myths vs. facts

Foreigner.fi 5/15/21

With the help of an expert, in this article we are going to shed light on some myths and misconceptions about YEL insurance and the entrepreneur pension system in Finland.

Minister of Employment Tuula Haatainen. Photo: Jussi Altonen/Vnk.

FOR THREE MORE MONTHS

Government to extend unemployment benefit for entrepreneurs

Foreigner.fi 5/12/21

Currently, 22,500 entrepreneurs receive labor market support every month, the government says.

Customers enjoying a terrace on 19 April, the day of the reopening of restaurants in Helsinki. Photo: Foreigner.fi.

CORONAVIRUS

Restrictions on restaurants eased throughout Finland from 13 May

Foreigner.fi 5/12/21

Read in this article the restrictions on bars, pubs and restaurants prevailing for each region of Finland.

Prime Minister Sanna Marin (L) with Minister of Culture Annika Saarikko. Photo: Jussi Toivanen/Vnk.

REOPENING

Government prepares €231 million package for culture, sport, events industry

Foreigner.fi 4/21/21

The financial package takes into account the plurality of the sector and the different forms of work, such as gig workers , self-employed, sole entrepreneurs, freelancers and those operating under…

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How to get the most out of YEL insurance during the Covid-19 pandemic

Foreigner.fi 4/16/21

Entrepreneurs can become ill, be quarantined or see their income reduced due to the pandemic, and in those cases YEL insurance can be useful.

A sign advertises an open restaurant in Kerava. Photo: © Foreigner.fi.

ENTREPRENEURS

Restaurants across Finland can reopen on Monday 19 April

Foreigner.fi 4/15/21

The establishments must still observe temporary restrictions on opening hours, alcohol sales, number and movement of customers in the premises.

A cafeteria in the city of Järvenpää (Uusimaa region). Photo: Foreigner.fi/file photo.

BUSINESS

Entrepreneurs can apply more aid for Covid-19 damage from April 27

Foreigner.fi 4/10/21

A total of 356 million euros has been reserved for the third round of business cost support and closure compensation.

Restaurant-closed-Järvenpää-by-Foreigner.fi

EPIDEMIC

Finland extends restaurant closures until 18 April

Foreigner.fi 3/29/21

Restaurants may be open in the region of Lapland, with the exception of the municipality of Kittilä.

Entrance of the Amarillo restaurant, in the city of Oulu. Image: Google Maps.

EPIDEMIC IN FINLAND

Government to prevent reopening of restaurants at Easter in 15 areas

Foreigner.fi 3/23/21

Minister of Economic Affairs Mika Lintilä admitted that this decision is "quite a blow to the restaurant sector, which is already struggling."

Woman-bar-laptop-kiss-t-shirt-entrepreneur-restaurant

EPIDEMIC

New compensation for restaurants forced to close customer facilities

Foreigner.fi 3/18/21

This new form of compensation would apply to restaurants and other food and beverage service businesses that are closed from 9 to 28 March 2021.

The future pension is one of the main concerns of Finnish entrepreneurs. Photo: Elo.

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Social security and YEL insurance in detail for entrepreneurs

Foreigner.fi 3/12/21

Learn in this article how YEL income determines the amount of the main social benefits provided by the Finnish Social Security (Kela).

BUSINESS

Finland extends Covid-19 direct financial aid to all sole entrepreneurs

Foreigner.fi 3/4/21

A minimum support of 2,000 euros will be paid to sole entrepreneurs if they meet the conditions. The amounts will be based on the decrease in the company’s turnover and actual costs.

UNTIL THE END OF JUNE

Government to extend unemployment benefit for entrepreneurs

Foreigner.fi 2/18/21

In the autumn, on average 22,000 persons received the support per month.

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Entrepreneur, find out the amount of your pension with YEL calculator

Foreigner.fi 2/12/21

YEL income is the key for entrepreneurs to access social and pension benefits, but how should it be calculated?

CORONAVIRUS

Entrepreneurs unemployment benefit to be extended until June

Foreigner.fi 1/29/21

Last year, the Finnish Social Security Institution (Kela) paid labour market support to 44,000 entrepreneurs, for a total amount of 165.8 million euros.

ENTREPRENEURS

Fewer enterprise openings, more closures than 12 months earlier

Foreigner.fi 1/22/21

Enterprise closures in the form of natural persons accounted for 51% and those in the form of limited companies for 40% of all closures.

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Who should take YEL insurance and when?

Foreigner.fi 1/15/21

Starting entrepreneurs are entitled to a 22% discount on YEL contributions for the initial 48 months of business.

ENTREPRENEURS

Old Kemi, the Finnish century-old brewery that survived Stalin

Foreigner.fi 12/29/20

Two brothers have relaunched the Kemi beer brand founded 100 years ago by their great-grandfather, a Finnish communist who suffered repression and survived the purges in the Soviet Union.

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YEL insurance, the safety net for entrepreneurs in Finland

Foreigner.fi 12/11/20

In Finland, entrepreneurs and self-employed workers have powerful legal tools at their disposal to ensure a decent pension and to prevent the negative effects of any unwanted event, for example…

Romanian Ioan Canta is the winner of the 2020 Immigrant Entrepreneur of the Year award. Photo: Ioan Canta via Suomen Yrittäjät.

ENTREPRENEURS

Ioan, immigrant entrepreneur of the year: "I faced prejudice"

Foreigner.fi 12/9/20

The winner of the competition, who claims he had to work "twice as hard" due to his Romanian background, said that the key to success in business lies in knowing what the client wants and being…

YEL insurance, myths vs. facts

Government to extend unemployment benefit for entrepreneurs

Restrictions on restaurants eased throughout Finland from 13 May

Government prepares €231 million package for culture, sport, events industry

How to get the most out of YEL insurance during the Covid-19 pandemic

Restaurants across Finland can reopen on Monday 19 April

Entrepreneurs can apply more aid for Covid-19 damage from April 27

Finland extends restaurant closures until 18 April

Government to prevent reopening of restaurants at Easter in 15 areas

New compensation for restaurants forced to close customer facilities

Social security and YEL insurance in detail for entrepreneurs

Finland extends Covid-19 direct financial aid to all sole entrepreneurs

Government to extend unemployment benefit for entrepreneurs

Entrepreneur, find out the amount of your pension with YEL calculator

Entrepreneurs unemployment benefit to be extended until June

Fewer enterprise openings, more closures than 12 months earlier

Who should take YEL insurance and when?

Old Kemi, the Finnish century-old brewery that survived Stalin

YEL insurance, the safety net for entrepreneurs in Finland

Ioan, immigrant entrepreneur of the year: "I faced prejudice"

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