Get the bike you’ve always dreamed about

Company bike

with FleetBike



Company bike is an employee benefit, free of income tax up to EUR 1,200/year/employee. It is leased by the employer.


The tax value of the bike is always €100/month. The bike benefit can be offered included to the current salary or in addition to the current salary.


The employee chooses a suitable bike from any store, the price range with all equipment is €600–4,000. The bike is immediately available, and the process does not burden the employer.


With FleetBike, you leave everyhting related to the company bike to us. Our administration fee is only €15/month.


An employee benefit, free of income tax, that allows you to get the bike you want without paying anything yourself directly.


The tax benefit is EUR 1,200/year and EUR 100/month. You can calculate the effect of bike benefit to your salary with our calculator.


You can freely choose the model of your bike and the store you want to purchase from in Finland. The price of the bike determines the lenght of the contract.


All bikes acquired from FleetBike contain insurance.

FleetBike acquisition process

  1. Fill our FleetBike acquisition form to start the acquisition process. Please use your work e-mail address if possible.  If you don’t have a work e-mail, personal e-mail address works as well.
  2. Fleet Innovation ensures the acquisition right from your employer’s HR department. After ensuring the right for the employment bicycle, Fleet Innovation will send you the commitment contract to be electronically signed.
  3. After signing the contract, you will receive the instructions and information for the bike dealer.
  4. Now you can shop at any domestic bike dealer of your choice.
  5. When you have selected the bike, the dealer will ask the permission for invoicing from Fleet Innovation. This might take 2-4 weekdays. Please notice that the spring is very popular time for bike acquisitions and the delay in our responses might be longer than usual.
  6. When the bike dealer has received the invoicing authorization, they will send the invoice to Fleet and hand out the bike for the user. Some of the bike dealers want to secure their invoincing receivables (see the payment on their account before delivering the bike), which might slightly prolong the waiting time with couple of weekdays.

Test how the employer-provided bicycle benefit effects your salary

Enter your gross salary and tax rate in the calculator, and it gives you an estimation how the employer-provided bicycle benefit will affect your net salary. Employee’s tax benefit is up to €1,200/year.

The taxable value of the bicycle is always €100/month until the end of the contract. The length of the contract depends on the price of the bicycle and acquired accessories.

Monthly gross salary without benefit
Your tax rate %
Monthly gross salary including benefit 0
Tyel 7.15 %
Työttömyysvakuutusmaksu 1.50 %
Employer-provided bicycle benefit 100
Tax withholding of your salary 0
TyEL contribution 0
Unemployment insurance contribution 0
Tax withholding of your salary (with benefit) 0
Net salary without benefit 0
Net salary with benefit 0
Reduction of net salary 0
Notice that the result given by the calculator is an estimate.

Does your employer already offer FleetBike?



You can shop at any bike dealer that has a Finnish business ID. You can also use the Canyon online store (

You can get a mountain bike, a fatbike, a city bike or any kind of bike that best suits your needs. Please note the limitations set by the tax authority on the power levels of electric bikes: no more than 250 W and 25 km/h.

You can include a potential delivery fee and certain fixed accessories, such as a helmet, a lock, winter tires or statutory bike lights in the procurement price. Clothing, footwear or GPS/distance trackers cannot be included in the procurement price.

The bike benefit comes from the employee’s salary. Compared to personally buying a bike from a dealer, the bike benefit will save you 20–40% of the bike’s purchase price. For example, a bike costing EUR 4,000 with a 48-month contract will cost the employee about EUR 2,880 due to the tax-free nature of the benefit. At the end of the contracting period, you can redeem the bike by paying 5% of the purchase price (in this example, EUR 200).


                      When the contracting period ends, the employee can decide whether to redeem or return the bike or whether to acquire a new company bike.

The reduction of your net salary is influenced by various factors, such as direct taxation, municipal tax and church tax. Each employee can contact the tax authority for a report on their personal taxation before deciding to use the benefit.

You are in charge of the bike’s maintenance. You can choose to perform the maintenance yourself. You can also conclude a personal maintenance contract with an appropriate shop or take the bike for maintenance at a shop of your choice whenever necessary.

All the bikes are insured. The insurance covers fire, breakage, vandalism and theft. The deductible is EUR 300. The insurance is valid in Finland.

When the bike is not used, it must always be locked to a fixed, immovable structure or object by its frame.

Have nice moments with your new bike!

For any further questions regarding to FleetBike, do not hesitate to contact us via email: