Get started as a light entrepreneur with Truster
As a light entrepreneur with Truster, you can easily invoice for your work without needing your own business ID. You do the work; we take care of invoicing, payments, insurance, and administration.
What is light entrepreneurship?
Light entrepreneurship a form of work that allows individuals to bill for their expertise without needing a business ID or setting up a company. Light entrepreneur manages their own clients and agrees on the scope of work and price, but invoicing is handled through an invoicing service. Light entrepreneurship is particularly for those who want to try out entrepreneurial work in an easy and flexible way.
Here's how to get started with Truster
Get started in just a few steps. Download the app or get started in your browser by clicking the Go to the app button.
Log in
Sign in to the app using your preferred login method. Use the same login method every time you login to ensure you access the correct account.
Please note that we may have already created a profile for you based on the information received from our partner. When logging in, use the same email address or phone number that you provided to them.
Identify yourself
Verify your identity using your online banking credentials or mobile certificate.
Reply to the PEP notification
Verify the PEP (politically exposed person) information. You’ll find the notification on the Truster app's home page. The notification contains one question and is mandatory.
Enter your personal information and account number
Be sure to include your name, phone number, email address and home address.
Go to Bank account in the menu and add your account number.
Your profile is ready
Once you've completed the above steps your profile is ready, and
you can start billing for your work!
Become a sole proprietor?
Would you like to order the business name service? You can order the service under "Order" in the menu.
Choose the pricing plan that suits your needs
Simple and transparent pricing, whether you choose a percentage-based or monthly fee.
Pay only for the actual invoices issued.
✔ No fixed-term contract
✔ No fixed fees
✔ Payment monitoring: 1.99€ per invoice (recommended)
A fixed monthly price keeps costs predictable.
✔ No fixed-term contract
✔ Predictable costs
✔ Payment monitoring: 1.99€ per invoice (recommended)
Focus on your work; we'll take care of the rest
Easy payment processing and automated administration
YEL insurance
Information on pension coverage and insurance requirements for light entrepreneurs
Yes, it is statutory insurance if the following conditions are met:
- You are between the ages of 18 and 68 (the upper age limit for mandatory insurance is being raised in stages).
- Your employment will last for at least 4 consecutive months.
- Your estimated income from work exceeds the minimum threshold (9 423.09€ in 2026).
- You live and work in Finland. You must take out insurance no later than 6 months after starting your business.
YEL (Entrepreneur's Pension) is the cornerstone of an entrepreneur's social security. It is not just a "pension contribution"; it directly affects the following benefits:
- Sickness allowance: The benefit paid by Kela is determined based on income under the YEL scheme.
- Parental Benefits: Maternity, paternity, and parental benefits are calculated based on earned income.
- Unemployment Insurance: Eligibility for unemployment benefits for self-employed individuals requires a certain level of income under the Self-Employed Persons' Pensions Act (YEL).
- Pension coverage: Accumulates old-age pension benefits and provides protection in the event of disability.
The YEL income limit for 2026 is €9,423.09
YEL earned incomerefers to the value of the work you perform as an entrepreneur, expressed in euros, over a 12-month period. It is therefore not the same as your revenue or the salary you pay yourself, but rather a monetary estimate of what you would pay an outside professional to do the work you perform. The YEL insurance company’s recommended earned income is based on your estimated turnover and the median salary in your industry. The assessment also takes into account any part-time work and seasonality. The YEL earned income limit changes annually.
Taking out insurance through Truster is very easy. You can apply directly via this link, and your information will be forwarded to our partner company, Ilmarinen. If you already have insurance with another company, the transfer will be handled automatically upon application without you needing to contact your old provider.
No, you must apply for and activate your YEL insurance yourself. Truster automatically take out an insurance policy on your behalf, as the insurance is personal. However, you can easily apply directly through this link.
Once you've applied for insurance, Truster all the administrative work for you:
- Payment processing: Truster your YEL invoices directly on your behalf and deducts the amount from your pay.
- Automation: You don't have to worry about due dates or filing invoices—we handle all that behind the scenes.
- Convenience: All insurance-related information is automatically shared between Truster and the pension company (Ilmarinen).
The amount of your YEL insurance premium is based on your confirmed YEL earned income and your age. The best way to get an accurate estimate of your premiums is to use the YEL calculators available on the websites of pension insurance companies, such as our partner Ilmarinen.
In addition, please note the following regarding YEL insurance:
- New Entrepreneur Discount: You’ll receive a 22% discount on fees for the first 48 months (4 years).
- Tax deduction: YEL contributions are 100% tax-deductible, either on your personal tax return or as business expenses.
Tax deductions
Take advantage of tax deductions and tax-free expense reimbursements as part of your salary
expenditure
You can find Truster’s own logbook template here.
Related instructions
Find answers to questions that other light entrepreneurs have been thinking
You don't need one. With Truster's service for light entrepreneurs, you can invoice for your work without having your own business ID. Read more here.
You can easily create an invoice anywhere right from your phone. Follow these steps:
- Get started: Open Truster and click " Create Invoice" on the home screen.
- Select a customer: Select an existing customer from the list or enter the details of a new business or individual.
- Set the basic information: Check the payment terms, due date, and correct VAT rate.
- Describe the work: Add rows for the hours worked and a clear description of the work performed (e.g., "Raking the yard, 2 hours").
- Additional expenses and travel: Report any travel allowances and work-related expenses so that you can receive them tax-free as part of your salary.
- Review and send: Preview the invoice and send it. Truster the invoice one more time before it is sent to the customer.
Read the detailed instructionshere.
As a general rule, you cannot charge 0% VAT. The VAT rate depends on the industry and the company being invoiced.
Although small-scale business activities may be exempt from VAT, as a light entrepreneur you will issue invoices using Truster’s business ID. For this reason, VAT is generally added to invoices, which in most cases is 25.5%.
However, there may be exceptions in certain industries, such as the construction industry.
You'll receive your payment as soon as your client's payment appears in Truster. In most cases, the payment will be transferred to your account on the same or the next business day, depending on your bank.
Please note that some companies have fixed payment dates, which means your invoice will not be paid until the next scheduled payment date. This may delay the arrival of your paycheck in your account by a few days.
Read more here.
light entrepreneur independently and in an entrepreneurial manner, even though they do not have their own business ID. For tax purposes, their income is treated as wages, but from the perspective of, for example, YEL insurance and unemployment benefits, light entrepreneur be considered an entrepreneur. You are therefore not in an actual employment relationship with the invoicing service or your client.
Service Agreement with the Client
Since you are not an employee, you should agree on the details of the work directly with your client through a contract for services. The contract should include at least the following:
- Job description and schedule
- Price and payment terms
- any travel expenses and reimbursement of expenses
- Responsibilities, confidentiality, and terms of termination
A contract for services does not make you an employee; rather, it reinforces your status as an independent contractor: you decide for yourself when, where, and how you do the work.
Read more about this topic and download the engagement agreement here.
Self-employed individuals who invoice through Truster are automatically covered by Truster insurance, which covers key work-related incidents, such as liability claims and accidents.
If an accident occurs while you are working:
- Document the incident as accurately as possible (photos, description, time, and any witnesses).
- Please contact our customer service through the "Support Requests" section of the app, and we'll help you file a claim.
- Please keep your receipts and other supporting documents for processing.
Learn more about insurance coverage on theTruster page.
If your invoice is generated through consolidated billing, it is generally created based on information received from our partner. If the invoice does not appear, it may be because we have not yet received the billing data, or the invoice may have been generated for a different profile if you have multiple profiles.
The best way to resolve this issue is to contact customer service through the "Support Requests" section of the app.
Collaborative pricing takes effect automatically when you invoice a company for which a collaborative price has been added to its business ID. You do not need to activate the pricing separately.
When you create an invoice Truster and add the relevant company information to the invoice, the partner rate is identified based on the company’s business ID and is automatically applied.
The best way to reach our customer service team is through the "Support Requests" section of the app. You can also call us on weekdays from 9 a.m. to 3 p.m. at 050 1856 or schedule a callback here.