According to the Unemployment Security Act, an entrepreneur is a person who is
- YEL- and MYEL-insured (excluding the grant recipient),
or - a TyEL-insured part-owner of a business and a member of the entrepreneur’s family, if he or she
- owns, alone or jointly with family members, at least 15% or 30% of the company in which he/she works in a managerial position (director, member of the board of directors)
- owns, alone or jointly with family members, at least 50% of the company in which he or she works without holding a managerial position (as an employee)
In addition, the income on which the pension insurance for self-employed workers is based must be at least €15 128 per year. Simply owning a business or part of a business does not make you an entrepreneur
Please contact our customer service, if you are unsure of your status as in unemployment security.