I work as a family member in a family business, but I do not hold any ownership or control in the company. How does this affect my unemployment security?
Family members working in a family business will be considered salaried employees if they do not hold ownership or control in the company. The following are considered as the entrepreneur’s family members: spouse (also cohabitee) and any person related to the entrepreneur and living in the same household (parents,
When you go into business as a full-time entrepreneur, payment of your earnings-related daily allowance will stop. Notify the KOKO unemployment fund and the TE Office that you have become an entrepreneur. While you are an entrepreneur, you will not accrue time towards the employment condition for KOKO,
I am receiving a daily allowance and am starting a small business. How does this affect my daily allowance?
If you are receiving a daily allowance and start a business, the TE Office will issue a statement, binding upon the KOKO unemployment fund, as to whether your business activities are full-time or a secondary occupation. If you are considered a full-time entrepreneur,
I am receiving a daily allowance and am considering taking part-time employment through a billing cooperative. How does this affect my daily allowance?
If you accept work through a billing cooperative, you will be considered an entrepreneur for the purposes of unemployment security. If such work is considered a secondary occupation, you may be entitled to an adjusted daily allowance. The TE Office will issue a statement,
I became unemployed, and I run a small business. Should I declare my business activities, and will they affect my daily allowance?
Notify the TE Office of your business activities, and also notify the KOKO unemployment fund when you submit your first daily allowance application. The TE Office will issue a labour policy statement on your business activities. This will be binding upon the KOKO fund.