Founder of a new business – submit a start-up notification
Are you starting up business?
Self-employed individuals: If you submit your start-up notification electronically, remember to also enter your company in the Tax Admininstration’s registers by submitting a separate notification of change (YTJ) in addition to the start-up notification.
After you have submitted the start-up notification, we will enter your company’s details in our register of taxpayers and send you instructions on how to file and pay your taxes. Check which registers your company must be entered in.
When will I receive my business ID?
If you submit the start-up notification electronically, you will receive your Business ID immediately. If you submit the notification on a paper form, you will see your Business ID within 3 days on the Finnish Patent and Registration Office’s Business Information System.
When can I start business operations?
If your business operation does not require an official permit, you can start your operation as soon as you have submitted the start-up notification.
After you have submitted the notification and received a Business ID, you can
- open a separate bank account for business transactions
- arrange your bookkeeping
- buy any necessary insurance and take care of other practical matters.
Contact your insurance company to learn more about the statutory pension insurance (YEL) for the self-employed.
When can I start invoicing?
You can start invoicing as soon as you have a Business ID. If you register for VAT, you can add VAT to your sales invoices after your company has been entered in the VAT register.
If you have requested entry in the prepayment register, you should wait until you receive the registration decision. Until then, your customers will have to withhold tax on their payments to you.