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The short answer: Cool Company is an established umbrella company that charges 5.98% of the invoiced amount as a fee, according to the company's published pricing at coolcompany.com. If you're considering alternatives, you should compare more than just the fee: how quickly the pay is paid out, what insurance is included, and how support works in practice. Truster is an upcoming alternative in Sweden, currently open by invitation. Here are the facts and a comparison template you can use.

#What does Cool Company cost?

According to coolcompany.com, the fee is 5.98% of the invoiced amount. The fee is deducted from the amount the customer pays, before your pay is calculated. This figure was verified in July 2026 against the company's published pricing. Prices and terms can change over time, so always check the current details directly at coolcompany.com before making a decision.

Keep in mind that the service fee is just one step between invoice and pay. Regardless of which umbrella company you use, employer contributions are paid, typically 31.42% on the pay portion, and income tax is then deducted according to your tax details. That part is determined by Swedish rules and is the same everywhere. The difference between services lies in the service fee, in what's included in it, and in how well the service works day to day.

#Four things to compare before you choose

Total fee: a percentage doesn't tell the whole story. Find out what's included in the base fee and what costs extra, for example invoicing abroad, reminders for late payments, or handling of expenses. Base the comparison on how your own invoicing actually looks in a typical month, not on an ideal-case example.

Payout time: when do you get your pay after the customer has paid the invoice, and is faster payout offered for an extra fee? Customer payment terms are often 30 days, sometimes 7 or 14, and for your personal finances the pace of payout can matter more than a small difference in fee. Read the terms for fast payout carefully if you expect to use it often.

Insurance: check what coverage applies while you're working on assignments through the service, for example liability and accident cover, and which situations or industries aren't covered. Good insurance cover is hard to put a percentage value on but can be decisive the day something goes wrong. Ask to see the actual terms.

Support: sooner or later something happens that requires help from a human: a customer doesn't pay, an invoice needs crediting, a deduction needs explaining. Test how support responds before you become a customer, and weigh in opening hours, response time, and how knowledgeable the answers are. A cheap service with weak support quickly becomes expensive in time and frustration.

#Truster: an upcoming alternative in Sweden

Truster is built for the same need: being able to invoice without your own company and get paid as salary, with tax and fees handled. Behind the service is a payment institution authorized by the Finnish Financial Supervisory Authority, and the platform is used by more than 55,000 people across the Nordics. In Sweden, Truster opens by invitation and is rolled out gradually: you join the waitlist at /kom-igang and get an invitation when it's your turn. Swedish prices aren't published yet, so our advice is the same as for any other service: compare based on facts you've checked yourself, and weigh the whole picture rather than a single number.

#How to switch without hassle

Switching umbrella companies doesn't require any winding-down, since you don't own a company that needs to be closed. Let ongoing invoices be paid off in full in the old service, make sure your insurance cover doesn't have any gap during the transition, and tell your customers that upcoming invoices will come from a new sender. Review the payment terms at the same time: 7, 14 or 30 days are the common options, and a shorter term can improve your cash flow. If you want to be cautious, you can start by sending a single invoice through the new service and evaluate the experience before moving the rest.