When you invoice through the invoicing Laskuttamo, you are a so-called light entrepreneur and therefore, according to the Pension Security Centre, you are covered by the self-employed person’s pension insurance (YEL insurance).

You must take out an entrepreneur’s pension insurance (YEL) if your estimated annual income from your business is at least EUR 8 261.71 and you live in Finland.

However, if you only work for one employer under a broader contract, or if you only work part-time, you will not be covered by YEL insurance.