Skip to content

Business name and copyright royalties

You can direct your personal Teosto royalties to your business. This requires that your business name be registered in the tax prepayment register.

Through the business name, you can invoice composing, performances and other work.

Principles in this earnings model

  • Teosto does not withhold tax
  • You can submit tax deductions for your business expenses

Please note that if you invoice through a business name, you must submit to the Tax Administration an estimate of your profit for the financial year. The estimate is used to calculate the amount of tax that you pay in advance. This is called tax prepayment.

It is often difficult to estimate your profit in advance, but it is always possible – and often recommendable – to revise your estimate by contacting the Tax Administration.

Teosto pays you gross distributions and declares your copyright royalties to the Tax Administration as personal income. After this, the Tax Administration determines whether you have paid enough tax prepayments.


Tax Administration – different types of business and taxation

Give us feedback!

Feedback from users is important when we develop our web services. Let us know your experiences of our service!

Change cookie settings

A cookie is a small text file that is stored on your computer or other device and records information about your visit to the Website. Teosto uses cookies to improve the usability of its services.

Information collected by cookies is not usually connected with the personal data of an identified person, but some information collected by cookies may be indirectly connected with the personal data of an identified person.

Learn more by reading our Privacy Policy and Cookie Policy

Cookie categories
Strictly necessary cookies

These cookies are strictly necessary to ensure the availability of our website. They do things such as load some of our website’s functions in advance to make the website load faster. Strictly necessary cookies are also used to determine and remember your settings. You can disable strictly necessary cookies in your browser settings, but please note that all of the website’s functions and parts may not work properly after that.
More information about cookies

Analytics cookies

We use analytics cookies to improve the functioning of our website. Analytics cookies collect information about things such as how visitors use our website and how they navigate from one page to another. The information is used in anonymous form.
More information: Privacy Policy and Cookie Policy

Functionality cookies

Functionality cookies allow us to offer various functions, such as playlists and a live chat service, on our website. If you disable functionality cookies, some or all of these functions may not work properly. More information about cookies

Marketing cookies

Marketing cookies help us tailor marketing and offer the users of our website more personalised services in the future. We use marketing cookies to collect information about the user’s behaviour and preferences on our website.
More information about cookies