Private trader (toiminimi, sole trader)Åland Islands
What it takes to form, own and run a sole trader in Åland Islands, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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As a private trader (often referred to as toiminimiyrittäjä in colloquial Finnish), you can file
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The start-up notification to the Finnish Trade Register costs 75 euros.
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Verotasoituksena palautetaan Ahvenanmaan maakunnalle vuosittain valtion varoista Ahvenanmaalla kunakin verovuotena maksuun pannut valtiollisten ansiotulo- ja pääomatuloverojen, rajoitetusti verovelvollisten maksaman lähdeveron, yhteisöveron sekä tonnistoveron rahamäärät.
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Yes
What it takes to form
Not in our records A notary, A resident director, Paying up the capital: none of these is in our records for the Private trader (toiminimi, sole trader).
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- Does not apply
- Members
- At least 1 · at most 1 · one person may form it alone
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As a private trader (often referred to as toiminimiyrittäjä in colloquial Finnish), you can file
- A local company secretary
- Not required
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Yksityisen elinkeinonharjoittajan perusilmoituksessa on mainittava: 1) elinkeinonharjoittajan toiminimi; 2) elinkeinonharjoittajan henkilötiedot; 3) toiminnan laatu; 4) kunta, josta toimintaa johdetaan; sekä 5) toimipaikan postiosoite.
- A local registered agent
- Not required
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Yksityisen elinkeinonharjoittajan perusilmoituksessa on mainittava: 1) elinkeinonharjoittajan toiminimi; 2) elinkeinonharjoittajan henkilötiedot; 3) toiminnan laatu; 4) kunta, josta toimintaa johdetaan; sekä 5) toimipaikan postiosoite.
Each year, at the registry
- Annual registry fee
- Free
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yhdistyksiä ja säätiöitä, yhtiöitä ja muita yksityisoikeudellisia yhteisöjä, kirjanpitoa;
- Accounts on the public record
- Small exempt
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yhdistyksiä ja säätiöitä, yhtiöitä ja muita yksityisoikeudellisia yhteisöjä, kirjanpitoa;
- Audit for a small company
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit
- Not in our records
Important dates
When each obligation falls due, as the authority states it.
Not in our records No dates for the Private trader (toiminimi, sole trader) are in our records.
What is public
Not in our records What the register shows the public is not in our records for the Private trader (toiminimi, sole trader).
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Through owners
Trade or business as a self-employed person (with a business name registered) is taxed as the individual's own income.
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Verotasoituksena palautetaan Ahvenanmaan maakunnalle vuosittain valtion varoista Ahvenanmaalla kunakin verovuotena maksuun pannut valtiollisten ansiotulo- ja pääomatuloverojen, rajoitetusti verovelvollisten maksaman lähdeveron, yhteisöveron sekä tonnistoveron rahamäärät.
- CFC rules in AX
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- The trader notifies the Trade Register of the end of the business without delay (Trade Register Act 564/2023 s.10(3), lopettamisilmoitus).
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Elinkeinotoiminnan lopettamisesta on viivytyksettä tehtävä ilmoitus kaupparekisteriin ( lopettamisilmoitus ).
- Statutory fee
- Free
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joista Patentti- ja rekisterihallitus jättää maksun perimättä, ovat:
Every business in Åland Islands
VAT
- Standard rate
- 25.5%
Åland is outside the EU's VAT territory, but the Finnish Value Added Tax Act applies to businesses based there and a tax border governs trade with the EU VAT area.
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The general VAT rate 25.5% This rate is applied on most goods and services.
- Other rates
- 13.5% Groceries including food, beverages and food ingredients, animal feed, restaurant and meal services (not alcohol or tobacco)
- 10% Newspapers and magazines, print and electronic
- 0% Exports outside the EU and other zero-rated international sales
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2. Reduced VAT rate 13,5%
- Registration threshold
- EUR 20,000
turnover under the Value Added Tax Act; current calendar year and previous calendar year
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A seller is not liable to pay VAT if the turnover of the current calendar year and the previous calendar year, as referred to in the Value Added Tax Act, does not exceed EUR 20,000, and the seller has not registered for VAT voluntarily.
- Voluntary registration
- Yes
A seller whose turnover does not exceed EUR 20,000 and who has not registered for VAT voluntarily is not liable to pay VAT; a business below the threshold may therefore register voluntarily.
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A seller is not liable to pay VAT if the turnover of the current calendar year and the previous calendar year, as referred to in the Value Added Tax Act, does not exceed EUR 20,000, and the seller has not registered for VAT voluntarily.
- A foreign company
- See the note
Åland is outside the EU VAT territory, so goods moving between Åland and the EU VAT area are treated as exports and imports; the pages read do not state whether a supplier established outside Åland must register, from when, or whether a representative is needed.
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The province of the Åland Islands (hereinafter Åland) is not part of the EU’s VAT or excise duty territory.
- Returns filed
- Monthly
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File and pay your VAT every month. The due date is the 12 th of the second month after the reportable month.
- Tax authority
- Registration page read 2026-10-22
Payment and banking services
None of the services whose lists we hold names AX. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Sole traderDerived our grouping, the same words in every country
- Name in law
- Private trader (toiminimi, sole trader)
- Identifier
- AX-PRIVATE-TRADERA form ISO 20275 does not list.