When a self-employed person becomes unemployed
As a self-employed person, you can receive unemployment benefits if your entrepreneurial activities have ended or you no longer work in your company for another reason. If you become unemployed, you need to register as an unemployed jobseeker with the TE Office.
Unemployment benefits for the self-employed
There is one unemployment fund for self-employed persons in Finland: Yrittäjäkassa. You can join Yrittäjäkassa if your YEL income is at least equal to the so-called unemployment security lower limit. In 2024, that limit is EUR 14,803 (EUR 14,088 in 2023). It is advisable to set YEL income above the unemployment security lower limit so that YEL income does not fall below the lower limit of unemployment protection in the index incremens for future years.
If you become unemployed, your YEL income determines the size of the earnings-related allowance you receive from the fund.
If you are not a member of Yrittäjäkassa, you may be eligible for an unemployment benefit paid by Kela. The benefit you can receive from Kela is the basic unemployment allowance or the labour market subsidy.
If you are not a member of Yrittäjäkassa, you can apply for the basic unemployment allowance from Kela. You can receive it when
- you meet the work requirement
- your YEL income is at least equal to the unemployment security lower limit.
If you do not meet the work requirement and if your YEL income is too small, you can apply to Kela for the labour market subsidy. Read more about labour market subsidy on Kela’s website (kela.fi) >
What should I do with my YEL insurance if I become unemployed?
When your work as an entrepreneur ends or remains below the YEL lower limit, terminate your YEL insurance. The lower limit changes annually (EUR 8,261.71 in 2022). Report the termination of your insurance in Ilmarinen’s online service. Log in to the service using your personal online banking credentials.