Private Trader
A private trader ( ‘toiminimiyrittäjä’, ‘toiminimi’, ‘t:mi’ in Finnish), is a person who operates business on his own. Usually it refers to digital nomads or freelancers or consultants. If you decide to operate as a Private Trader in Finland you need to make a registration in the Finnish Trade register.
You can file your notification online using the online service, if you are
You will need to provide the following information
Contact us for consultation and we are happy to assist you with registration!
You can file your notification online using the online service, if you are
- you are at least 18 years old;
- you have a Finnish personal identity code; and
- you have your own personal internet banking codes or a mobile certificate or an electronic identity card.
You will need to provide the following information
- Personal details of the trader;
- Your proposal for the company name, and the two alternatives names;
- Address and contact details of the company;
- Business lane.
Contact us for consultation and we are happy to assist you with registration!
Our Services
We make registration processes simple for you
- Registration of Private TraderWe register your private entity to the Trade Register and submit registration for TAX registers.
- Tax ConsultingWe provide consultation on Tax System in Finland and principle of accounting for Private Traders.
- Business Management ConsultingWe provide consultation for permits or licenses for your business management.
The registration takes approximately 1 week
The tax system is the same for LLC companies for persons who operate as private Traders. Depending on the volume of sales and of your earnings there will be such payment of taxes as income tax, social security tax, VAT payments. More information about taxes in Finland contact us for consultation!
The main difference between those two forms of businesses is that as an LLC company you can declare the company as a bankrupt and have no personal obligations to it. When you are operating as private Trager company losses are your personal losses.
Yes, you can apply for the residency is you have an idea to operate in Finland as a private Trader. You will need to prove what kind of business you operate and what is your source of income, and after procedure is done and you issued with the resident permit, you can come to Finland and register yourself as a Private Trader.