Sweden
Sweden is located in Northern Europe between Finland and Norway. Sweden has a desirable standard of living under a mixed system of high-tech capitalism and extensive welfare benefits. It has a modern distribution system, excellent internal and external communications, and a highly skilled and educated work force. Timber, hydropower and iron ore are the base of an economy heavily oriented toward foreign trade. Privately owned firms account for vast majority of industrial output. The engineering sector accounts for about 50% of output and exports. Sweden’s economy is one of the top economies in Europe. Germany is Sweden’s main exporting partner. The Netherlands, Luxembourg and the UK are some of the main investors in the country. The World Bank considers Sweden to be the third nation in the world in terms of friendliness and connection with international markets. CompanyRegistrationsWorldwide.com can assist you in setting up a company in Sweden.
There are threef types of companies available in Sweden including;
- Aktiebolag (A.B. – Limited Liability company)
- Aktiebolag (A.B. – Joint Stock company)
- Swedish Branch, Subsidiary or Representative Office
Setting up an Aktiebolag (A.B. – Limited Liability company) – what are the main features?
- The most popular type of business in Sweden
- Requires a minimum share capital of 100,000 SEK to be established
- At least one shareholder and one director are required
- Owner’s liability is limited to assets of the company
- Irrespective of size and whether it is private or public, a limited company has to file annual accounts with the Patent and Registration Office
- The annual report has to be audited
Setting up an Aktiebolag (A.B. – Joint Stock company) – what are the main features?
- At least one shareholder and one director are required
- Initial capital has to be at least 500,000 SEK
- This structure is generally designated for larger businesses
Setting up a Swedish Branch, Subsidiary or Representative Office – what are the main features?
- Can be either a separate entity or an extension of the parent company
Can I get a Swedish VAT number?
CompanyRegistrationsWorldwide.com can assist you with getting your new Swedish company VAT registered. CompanyRegistrationsWorldwide.com work with fiscal advisers based throughout Sweden . Obtaining a VAT number is an essential part of Swedish company formations.Contact us today to see how we can help.
Banking in Sweden:
Opening a Swedish bank account for your Swedish company is a relatively straightforward process which CompanyRegistrationsWorldwide.com can assist you with.
In order to open a corporate bank account for your Swedish company, a face to face meeting with the bank may be required. We work with major Swedish and International banks . Some of the corporate account features include:
- Internet banking/remote access
- Multi currency accounts
- Unlimited transfers
- Debit/credit cards
- Low transaction fees
Speak with us today to see how we can open a Swedish bank account for your Swedish company.
Additional services:
CompanyRegistrationsWorldwide.com can assist you with a whole range of additional professional services in relation to your Swedish company formation such as:
- Registered and virtual office services in Sweden
- Accounting and payroll services in Sweden
- Licencing requirements in Sweden
- Premises/Warehouse requirements in Sweden.
CompanyRegistrationsWorldwide.com can provide you with the professional service in all aspects of company formation in Sweden.