Juuli Sole Trader vs Freelancer account — what's the difference?

Both the Freelancer and Sole Trader account types are built for people running their own business with Juuli. They share the same core payment features — the main difference today is invoicing. Here's how to choose.

What they have in common

Whichever you pick, you get the same regulated payment foundation:

A dedicated IBAN payment account and Visa cards, activated as soon as your identity checks are approved.
The same plans and fees — Freemium, Pro, and Max — with no setup or joining fee.
Virtual cards instantly, plus optional physical cards, with freeze/unfreeze in the app.
Multi-currency balances and the ability to receive payments from clients in 180+ countries.

Because both are business account types, you'll complete identity verification (KYC) and then business verification (KYB) before your account is fully active.

The key difference: invoicing

The deciding factor right now is Juuli's invoicing service, where Juuli acts as Merchant of Record (MoR) and handles VAT and tax compliance on your invoices for you.

Freelancer — invoicing is available now. You can create and send compliant invoices to your clients directly in Juuli, and choose whether the service fee is paid by you or your client.
Sole Trader — invoicing is coming soon. You can already open the account and use all payment, IBAN, and card features today; built-in invoicing will be added later.

The invoicing service fee is 4.5% per invoice.

Which one should I choose?

Choose Freelancer if you want to send invoices to your clients through Juuli today.
Choose Sole Trader if your business is registered as a sole trader and you mainly need a payment account, IBAN, and cards — with invoicing coming later.

If you're an individual rather than a business, the Personal account may suit you better.

A note on availability

Where a Juuli IBAN account and Visa card are available: only when you live in — or, for a business, are registered in — one of these 20 EEA countries: Austria, Belgium, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Spain. Other EEA countries — for example Poland, Sweden, Denmark, Czechia, Hungary, Bulgaria, Romania, Iceland, Liechtenstein and Norway — are not eligible for a Juuli IBAN or Visa card yet. Freelancers anywhere in the world can still invoice their clients through Juuli's Merchant of Record.

Juuli is a regulated platform, not a bank; payment and e-money services are provided by Stripe Technology Europe, Limited, an Electronic Money Institution authorised by the Central Bank of Ireland (firm reference C187865).

Still have questions? Email our support team at support@juuli.com — we're happy to help you pick the right account type for your business.