skip to Main Content

We are delighted that you have decided to join the JA Company Program! This page includes essential information on establishing and running a JA company.

In the JA Company Program, the participants establish a JA company that operates using real money for the duration of a semester, school year or calendar year. The program covers each stage of a company’s existence from establishing a company to winding down its operation.

The purpose of the program is to gain working life skills, adopt an entrepreneurial attitude, and learn active modes of operation. Running your own JA company increases motivation and provides a good platform for practicing various skills.

This page acts as the introduction and registration page for the program. The learning materials for the program can be found on the Twid platform, where the teacher will invite the students as the program begins. The documents of a JA company can be also found on this website.

A JA company cannot be officially registered until each member of the company has also signed in to the Twid platform.

Beginning the JA Company Program

  1. Sign up to the program at your educational institution.
  2. Your teacher will sign in to Twid and create their own course implementation.
  3. The teacher will provide you a course ID, which you can use to register and sign in to Twid.
  4. Study the Twid materials. For example, module 8 includes instructions for registering your JA company.
  5. Register your JA company on this website, wait for registration verification, and begin operation.

Program Phases

Step 1
Introduction to entrepreneurship, skills, and business idea

The contents and modules for this phase

In the first phase, we learn about entrepreneurship and the skills you and your team have and identify business opportunities and think about business ideas.

The contents and modules for this phase:

  • Welcome to the Program
  • Introduction to Entrepreneurship
  • Competence
  • Team
  • Finding a Business Idea
  • Modeling a Business Idea
  • + Circular Economy as extra
Step 2
Launching your company and refining your business idea

The contents and modules for this phase

In the second phase, we establish our JA companies and model their operation using a business plan. The plan is also used to consider marketing and financial matters.

The contents and modules for this phase:

  • Name and Logo
  • Starting a Business
  • Business Plan
  • Marketing
  • Introduction to Finance
  • Cost and Profitability Accounting
  • Budgeting & Bookkeeping
  • Risks and Safety
  • + Pitching and presenting as extra
Step 3
Monitoring, developing, and reporting your business operations

The contents and modules for this phase

In this phase, your JA company is already running, and we continue to develop it further.

The contents and modules for this phase:

  • Digital Marketing
  • Social Media Marketing
  • Budgeting & Bookkeeping
  • Taxation
  • Sales and Customer Service
Step 4
Winding up your company, evaluations, and the future

The contents and modules for this phase

At the end of the program, we conduct a self-assessment of our competence and complete the theoretical exam for the JA Company Program. The operation of your JA company is wound down.

The contents and modules for this phase:

  • Conclusion of the Program
  • Other modules that have not been completed

Schedule

In the JA Company Program, the participating JA companies may have varying operating durations: The options include semesterschool yearcalendar year and 12-month period. The program is always organized as part of the education provided by the educational establishment, and the JA companies may only operate when they have an instructing teacher. Included below is the schedule for the various operating durations:

Academic year 2019-2020

PÄIVÄ MITÄ
8.8.2019 Rekisteröintilomake aukeaa
1.12.2019 Rekisteröinnin DL
16.2.2020 Myyntiraportin DL
tammi - maaliskuu Uskalla Yrittää -semifinaalit (https://uskallayrittaa.fi)
13.3.2020 Kilpailuiden DL
22.-23.4.2020 Uskalla Yrittää -finaali Helsingissä
toukokuu Ohjelmatodistukset lähetetään kouluille
31.5.2020 Vuosikertomuksen DL

Calendar year 2020

PÄIVÄ MITÄ
1.11.2019 Rekisteröintilomake aukeaa
tammi - maaliskuu Uskalla Yrittää -semifinaalit (https://uskallayrittaa.fi/)
13.3.2020 Kilpailuiden DL
31.4.2020 Rekisteröinnin DL
22.-23.4.2020 Uskalla Yrittää -finaali Helsingissä
31.5.2020 Myyntiraportin DL
joulukuu Ohjelmatodistukset lähetetään kouluille
13.12.2020 Vuosikertomuksen DL

12 months as the operating period

If the program is implemented with a 12-month operating period, the operation can begin at any time. However, please note that the competitions and events are organized on a specific cycle and may only be participated in once during the operation.

Autumn semester 2019

PÄIVÄ MITÄ
8.8.2019 Rekisteröintilomake aukeaa
30.9.2019 Rekisteröinnin DL
joulukuu Ohjelmatodistukset lähetetään kouluille
15.12.2019 Vuosikertomuksen DL

Spring semester 2020

PÄIVÄ MITÄ
1.11.2019 Rekisteröintilomake aukeaa
16.2.2020 Rekisteröinnin DL
tammi - maaliskuu Uskalla Yrittää -semifinaalit (https://uskallayrittaa.fi/)
13.3.2020 Kilpailuiden DL
22.-23.4.2020 Uskalla Yrittää -finaali Helsingissä
toukokuu Ohjelmatodistukset lähetetään kouluille
31.5.2020 Vuosikertomuksen DL

Summer semester 2020

PÄIVÄ MITÄ
1.5.2020 Rekisteröintilomake aukeaa
14.6.2020 Rekisteröinnin DL
elokuu Ohjelmatodistukset lähetetään kouluille
31.8.2020 Vuosikertomuksen DL

Establishing and registering a JA company

The members of the JA company sign the memorandum of association for the JA company and draw up an agreement on cooperation. The cooperation agreement is executed in as many copies as there are members in the JA company. Finally, the members of the JA company register electronically using this website together.

  1. Holding the incorporation meeting of the JA company and the first board meeting

The first board meeting is held during the incorporation meeting. A transcript is prepared for the meeting, which lists the matters discussed and decided during the meeting. The members’ tasks and roles are decided during the meeting.

Initial equity of the JA company

In the JA companies, the price of a share is €10, and a maximum of 100 shares can be sold. One person can purchase a maximum of 10 shares in a JA company, i.e. invest a maximum of €100 into the company. The purchased shares are paid to the JA company’s bank account within one month of the account having been officially opened.

  1. Drawing up the memorandum of association

The memorandum of association of a JA company is a modified and simplified version of the documents required to establish an actual company. The memorandum of association is an agreement on cooperation made for the company and it is used to fill in the online registration form.

Carefully writing things down makes it easier to later confirm what was agreed and also provides good practice for meeting procedures.

  1.  Drawing up the agreement on cooperation

The agreement on cooperation is used to agree on mutual rules and to resolve any potential issues in advance. The agreement on cooperation includes provisions for the procedure if a member wishes to leave the company or how to share the possible revenue.

  1. Online registration form

Fill in the registration form in JA Finland’s online system, which can be found HERE. We recommend completing the registration only after you have decided on the members of your JA company and have come up with a business idea.

The operation of a JA company cannot officially begin until JA Finland has processed your registration and sent you a confirmation that your registration has been accepted.

Rules of the JA company

Internal rules

  1. Each member of the company is equal.
  2. All members of the company commit to working in the best interest of the company and to use their best efforts to ensure the success of the company.
  3. The members of the company shall treat each other equally and everyone’s opinions shall be heard.
  4. Any potential issues shall be resolved mutually within the company, working together with an advisor, the instructing teacher or parents where necessary.
  5. The company shall operate in an open and transparent manner and matters will be discussed openly.
  6. Members of the company shall not be discussed in a negative tone while they are away or behind their backs. Any mutual issues may only be discussed when all members are present.
  7. The company shall operate in an honest matter, following good business practices.
    1. The purpose and intention of the program is to learn about business operations, entrepreneurship, and cooperation.
  8. The company’s revenue shall be divided amongst the shareholders in proportion to their share of the company.

Operating rules

  1. The service or product produced by the company must be refined and developed further, and it cannot be hazardous to the customers or the employees.
  2. The company must acquire an advisor who helps them and provides ideas for developing the operation of the company.
  3. The company shall appoint a board, which shall automatically include the founders of the company.
  4. The board shall decide on the matters of the company, making decisions on such matters as the spending and operation of the company, for example.
  5. The board shall act in accordance with the best interest of the company, and it cannot grant undue advantages to its members, for example.
  6. The company cannot take out loans or make purchases on credit, as the JA companies must always operate on funds that are actually available.
  7. The company must keep a record of its revenue and expenditure.
  8. The turnover of the company is limited to €10,000 during its period of operation. As the limit approaches, the JA company must wind down its operation.

Materials

The JA Company Program utilizes the digital learning platform Twid, where the instructing teacher will invite students as the program begins. Most of the coursework completed during the program will also be submitted using the platform.

Twid also includes the document templates and other materials required by the JA companies.

Content in the e-learning environment Twid

Mandatory modules of the program

  1. Welcome to the Program
  2. Introduction to Entrepreneurship
  3. Competence
  4. Team
  5. Finding a Business Idea
  6. Modeling a Business Idea
  7. Name and Logo
  8. Starting a Business
  9. Business Plan
  10. Marketing
  11. Digital Marketing
  12. Social Media Marketing
  13. Introduction to Finance
  14. Cost and Profitability Accounting
  15. Budgeting & Bookkeeping
  16. Taxation
  17. Risks and Safety
  18. Sales and Customer Service
  19. Conclusion of the Program

Extra modules

  • Pitching & Presenting
  • Circular economy

Documents related to financial matters

Some material is only available after registration.

Documents related to reporting

  • Sales review template
  • Annual report template
  • Audit report template

The material will be available after registration.

Competitions

Various competitions related to the program are made available to the JA companies during the school year. The competitions have cash prizes and provide the opportunity to take part in the Uskalla Yrittää finals, which is the Finnish Championship for JA companies.

In addition to competitions, the school year also includes the Uskalla Yrittää semi-finals, which bring together JA companies in a trade fair setting to present their companies and sell their products. The best JA companies from the semi-finals are invited to compete for the Finnish championship in the national Uskalla Yrittää final, which is held in April.

Alumni Activities

JA Alumni Finland ry is an independent association run by active youths. The purpose of its operation is to facilitate continued learning by doing after the JA Company Program has finished. The alumni association provides the alumni with working life skills along with the opportunity to create their own networks with young people who share the same interests.

The opportunities provided by the alumni activities include the possibility to volunteer at the Uskalla Yrittää events and participating in the Job Shadow Day. The alumni activities also make it possible to gain more experience of association work.

The Finnish alumni association is a member of the Europe-wide JA Alumni Europe network, which brings together the alumni associations operating in different countries. Each year, JA Alumni Europe organizes a conference that is open to all JA alumni.

FAQ

Below, we have gathered answers to some frequently asked questions regarding the practical implementation of the program.

What is the JA Company Program?

The JA Company Program is an entrepreneurship education program intended for pupils in upper comprehensive school and students in upper secondary and higher education. In the program, the participants establish JA companies that operate using real money, and run them for a semester, a school year, a calendar year or a period of 12 months.

The program is always made part of the education provided by the school and the teacher is in charge of its practical implementation.

Are there rules for the JA companies?

Internal rules

  1. Each member of the company is equal.
  2. All members of the company commit to working in the best interest of the company and to use their best efforts to ensure the success of the company.
  3. The members of the company shall treat each other equally and everyone’s opinions shall be heard.
  4. Any potential issues shall be resolved mutually within the company, working together with an advisor, the instructing teacher or parents where necessary.
  5. The company shall operate in an open and transparent manner and matters will be discussed openly.
  6. Members of the company shall not be discussed in a negative tone while they are away or behind their backs. Any mutual issues may only be discussed when all members are present.
  7. The company shall operate in an honest matter, following good business practices.
    1. The purpose and intention of the program is to learn about business operations, entrepreneurship, and cooperation.
  8. The company’s revenue shall be divided amongst the shareholders in proportion to their share of the company.

Operating rules

  1. The service or product produced by the company must be refined and developed further, and it cannot be hazardous to the customers or the employees.
  2. The company must acquire an advisor who helps them and provides ideas for developing the operation of the company.
  3. The company shall appoint a board, which shall automatically include the founders of the company.
  4. The board shall decide on the matters of the company, making decisions on such matters as the spending and operation of the company, for example.
  5. The board shall act in accordance with the best interest of the company, and it cannot grant undue advantages to its members, for example.
  6. The company cannot take out loans or make purchases on credit, as the JA companies must always operate on funds that are actually available.
  7. The company must keep a record of its revenue and expenditure.
  8. The turnover of the company is limited to €10,000 during its period of operation. As the limit approaches, the JA company must wind down its operation.

Who is the program intended for? At which levels of education can the program be completed?

The program is available to upper comprehensive schools, secondary education establishments, and higher education institutions. The program can be completed at any time if it is offered by the school.

How can I participate in the program?

The program is part of the teaching provided by your educational establishment, which means that you have to take part in the JA Company Program course offered by your school. If your school does not yet offer the course, you can request it from your teacher.

JA companies cannot be established on your own time.

Does the income received from a JA company affect financial aid?

Income from a JA company is included in your personal annual income. If you receive revenue from your JA company, it must be accounted for in your annual income. The income from a JA company may affect the amount of financial aid you receive. Check the income limits on the Kela website.

Can I establish a JA company on my own?

Yes. We recommend that each JA company has 2–8 members, but if you wish, it is also possible to establish a JA company alone.

Can I take part in the program more than once?

Generally, the program can only be participated in once during comprehensive school, upper secondary school, vocational education or higher education.

However, JA Finland does allow participants to take part in the program again with a new business idea, which is demonstrably different from the previous idea. In addition, the name of the JA company must be different than the name used previously. In its instructions, the Finnish Tax Administration states that the operating period of a JA company is limited to a maximum of 12 months.

The final decision regarding participation in the program is made by the educational institution, as the JA activities must be part of the education provided by said institution.

Can I join the program with an already existing company?

No. The business idea or field of business of a JA company cannot be the same as those of an existing company. The business idea of a JA company cannot be related to a field, which an actual existing company has reported as their line of business in the Trade Register. Additionally, the name of a JA company cannot be the name of an already existing company.

What type of companies are the JA companies?

The JA companies are not officially considered companies, and therefore do not have business IDs. The operation of the JA company is not considered an economic activity. If the JA company sells products or services during the program, the generated income is considered personal to the participants.

Are the JA companies registered into official business registers?

The JA companies are not officially considered companies. Thus, the JA companies are not registered with the Finnish Patent and Registration Office (PRH) and are instead only registered into the register maintained by the program.

How are the JA companies taxed?

The JA company in itself does not pay taxes, and instead the revenue generated by the company is divided amongst the members of the company as the operation is wound down.  The divided revenue constitutes taxable income for the members, which must be reported on the personal tax return under other income. Additional information is available in the toolbox.

Is there a limit for the turnover of a JA company?

The turnover of a JA company is limited to 10,000 euros. If turnover exceeds 10,000 euros, the JA company is liable to pay VAT on the entire amount, which means that the operation of a JA company must be wound down if approaching the limit.

Are the JA companies taxable for VAT purposes?

If the turnover of a company remains below 10,000 euros for the year, it is not liable to pay VAT.

The JA companies are not allowed to make VAT deductions, which means that they cannot, for example, deduct the VAT of any purchased materials. The prices with which products or services of JA companies are sold to customers do not include VAT.

What is the initial equity of a JA company?

The initial equity of a JA company consists of the money invested by the founders of the company. Each founder is allowed to invest 10–100 euros in the company. The maximum initial equity of a JA company is limited to 1000 euros.

Is the work performed by a JA company eligible for the tax credit for domestic help?

The work performed by a JA company is not eligible for the tax credit for domestic help.

Can a JA company acquire a payment terminal?

Most payment terminal operators require a business ID for acquiring a terminal. At the moment, a payment terminal is available from SumUp without a business ID. More information about SumUp’s service can be found in Finnish at https://sumup.fi/nuori.

“If you are a natural person, you must be at least 18 years of age to use the services provided by SumUp. The service provider may ask you to provide proof of your age at any time.”

Do the JA companies have insurance coverage?

During registration, JA Finland acquires a liability insurance policy for each JA company from Keskinäinen Vakuutusyhtiö Fennia, which includes coverage for both business and product liability. The liability insurance applies throughout the operation of the JA company.

These policies provide cover for personal injury and property damage to third parties during the course of business, for which the company is legally liable. The deductible for the policies is either 600 euros or 1,000 euros. More information about the insurance policies is available in the toolbox.

Back To Top