SWEDEN SWEDEN SERVICES

Business Set Up in Sweden

Sweden is a very attractive destination for investors and new business owners. However, doing business in Sweden requires familiarity with the legal environment, tax structures, and procedures. Enterslice is an all-inclusive solution for you. We will assist you in achieving your business goals.

Benefits of Doing Business in Sweden

 

Ease of Doing Business

Subsidies and Incentives from the Government

Technology

Free-Trade Zones

Transparency

Different Types of Business Structures in Sweden

 

Limited Company

This type of entity is also known as ‘Sw. aktiebolag, AB'. Usually, one shareholder would be required to form this type of entity. The limited liability principle would apply to the shareholders and directors of this type of entity. There is no personal liability of the shareholders. Under limited company, there are two types of companies which include:

Public Limited Company

A public limited company is allowed to offer shares in a public stock exchange. All compliances related to the limited company have to be filed with the Swedish Companies Registration Office. This is an investor's most preferred business structure for company registration in Sweden. All limited companies in Sweden have to pay a specific amount of corporate income tax, levied at 21.4%.

Trading Partnership

This type of entity is also known as ‘Sw. handelsbolag, HB'. All compliance related to the Trading Partnership must be filed with the Swedish Companies Registration Office. There would be two or more individuals known as partners to incorporate this type of entity. The name of the partnership must contain the words 'handelsbolag'. The principle of limited liability is not present for the partners; hence it would make them personally liable. Partners have to file personal income tax and also contribute to social security.

Limited Partnership

This type of entity is also known as ‘Sw. kommanditbolag, KB'. There will be more than two partners who can either be a natural person or a legal entity. One partner would be considered the general partner, and the other would be considered a limited partner. The liability of the general partner would be unlimited, but the liability of the limited partner would be limited to the amount of capital contribution made. The name of the partnership must contain the words 'kommanditbolag’. All compliances related to the Limited Partnership have to be filed with the Swedish Companies Registration Office.

Branch Office

This type of entity is also known as 'Sw. Filial, Branch'. The branch office is a mere extension of the parent company and is allowed to carry out activities under the scope of the foreign parent company. There would be no separate legal entity for the branch office; however, the liability would be under the foreign parent company. The name of the partnership must contain the words ‘Filial’.

Different Types of Taxes in Sweden

 

Corporate Income Tax

Value-Added Tax

Excise Duty

Customs Tax

Stamp Duty

Real Estate Tax

About our Services

Enterslice is one of the leading management consultancy firms which offers end-to-end business set-up, financial, regulatory, taxation, legal, and advisory services to early-stage businesses, start-ups, entrepreneurs, and large corporate houses across the globe.

Our Sweden Entry Strategy services involve the following services:

About the Jordan Entry Strategy

Our Jordan Entry Strategy is classified into the following:

Business Set-up Services

Business Structures available in Sweden are Limited Company, Trading Partnership, Limited Partnership and Branch Office. Our business set-up services include advisory related to the type of business structure you should opt for to set up business in Sweden. Our team will assist you in the business registration process, in opening a bank account for the business, and in post-registration compliance.

Consultancy on Managing the Business

Our consultants formulate a strategic plan for establishing and operating the business depending on your business needs. We formulate a budget and develop cash flows for your business. We also review internal control processes and conduct business reviews. We provide advisory on issues related to the management of the business.

Legal Advisory Services

Our legal experts provide legal advice on business operations, finances, IP protection, etc. We also draft legal necessary papers for your business and review and compile the required Paper works. We also ensure that all legal and regulatory compliance are duly complied with.

Accounting and Audit Advisory Services

Our experts provide bookkeeping services, assuring the proper maintenance of different accounting records. This involves keeping thorough and organized financial records, such as cash books, general ledgers, fixed asset registers and accounts receivable and payable sub-ledgers. In addition to this, we also provide financial reporting, accounting guidance, and bookkeeping services. They aid in producing accurate financial accounts, ensure conformity to accounting standards, and offer qualified advice on complex accounting matters. The accounts and financial statements are prepared to reflect the true and fair view of the company’s operations. On behalf of our clients, we ensure that the accounting and audit requirements are fulfilled.

Tax Advisory Services

Our tax experts will assist you in effectively managing your tax obligations and identifying opportunities to lower tax expenses. We ensure that the tax return is timely filed. We provide advisory on direct as well as indirect taxes. As the globe becomes increasingly linked, businesses regularly engage in cross-border transactions with intricate tax ramifications. We provide thorough advice on international tax compliance, double taxation agreements, transfer pricing, and international tax planning using our worldwide tax consultancy services. Our knowledge aids companies in overcoming the difficulties associated with international taxes and strengthening their worldwide tax position.

Intellectual Property Advisory Services

Our IP Experts assist in IP Compliance. We assist in getting IP registration by filling out applications for registration and compiling relevant necessary papers. Our team of IP experts also advises on IP compliance and IP Protection. We also assist in enforcing IP rights against any infringement.

Employer on Record Services

An Employer of Record (EOR) is an entity that legally employs workers on behalf of another business. An EOR is fully responsible for all aspects of employment, including compliance, payroll, taxes, and benefits. Our team can act as an EOR and help in onboarding employees for our clients, with the best part being that you shall have control over the daily activities and responsibilities of the employees.

Frequently Asked Questions

The cost to start a business in Sweden generally ranges from SEK 25,000 to SEK 50,000.

Yes, there are no restrictions on foreigners starting a business in Sweden.

The capital required for different types of companies is different. For a private limited firm, the capital required is SEK 50,000. For a Public limited liability firm, the capital required is SEK 25,000. Further, no capital is required to open a branch office.

Yes, but you must have a residence permit if you are a citizen of a non-EU/EEA country and plan to for a period longer than three months.

Yes, setting up and running a business in Sweden is a surprisingly simple and straightforward process.

Yes, the Swedish Limited Company (aktiebolag or AB) is known as LLC in Sweden.

Yes, Sweden is a good country to start a business. It ranks 10th out of 190 countries for ease of doing business.

Our Offerings

Why choose Us

15+ years of Industry Experience.
Global Network of CPA’s, CA’s and Lawyer’s
Million Satisfied Clients.
Globally recognized consultancy with a presence over 22+countries.

Why Enterslice

24x7 Client relationship support desk.

Tech-enabled service delivery platform.

Dedicated foreign Investment desk.

50,000+ Network of Lawyers/Attorney’s/CPA/CFA/CA.

Strong team of In-house Lawyers/Attorney’s/CPA/CFA/CA.

 

Individual and Dedicated professionals on every assignment.

We register 100+ Companies every Month.

Connect with Enterslice today to connect with our team of Skilled Professionals, to avail any of our Premium Services.

If you have any queries related to the Process, feel free to contact us. We will provide
you with immediate help.

We partner with more than 100+ companies

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