When am I considered to have stopped working for my company?

Normally, your company is considered to have stopped operating if

• a court of law declared the company bankrupt on petition of a debtor or creditor
• a limited liability company or co-operative has been put in liquidation
• an agreement on dissolving a company other than limited liability company has been made between all partners
• production and financial operations have ceased, and the person has
  • terminated his/her pension insurance under the Self-employed Persons Pensions Act or Farmers Pensions Act
  • submitted a notification to the Tax Administration on removing the company from the prepayment register
  • submitted a notification to the Tax Administration on removing the company from the employer register
  • submitted a notification to the Tax Administration either on removing the company from the VAT register or on interruption of entrepreneurial activities, or
• due to other factors comparable to those mentioned in the points above, it is apparent that the production and financial operations have ceased completely.

If you have worked as a sole trader, the entrepreneurial activities can also be considered to have been terminated when the production and financial operations end. In that case, the company need not be removed from the above-mentioned registers. According to the Unemployment Security Act, any YEL and MYEL insurance must be discontinued.

You can also be considered to have stopped working for your company when

• your working capacity has deteriorated permanently and essentially
• you are an entrepreneur considered equal to an employee, and the assignment relationship has ended
• the entrepreneurial activities are seasonal by nature, and the operating season has ended.