YEL-Fee Discounts for Commencing Self-Employed Persons

A self-employed person receives a discount on his/her YEL-fees if he/she has commenced his/her business activities falling within the scope of YEL for the first time after 1.1.2001. From 1.1.2013 onwards the discount is 22 % and is granted for the first 48 months of entrepreneurship. The purpose of the discount is to set the self-employed person’s earned income to a correct level right from the start. If the self-employed person seizes to carry out the business within the 48 month period, he/she may use the remaining discount months for other periods of entrepreneurship. It must be noted that the self-employed person is not entitled to flexibility in respect of payments during the discount period.