Eternity Law International — News — Company registration in Sweden

Company registration in Sweden

Published:
December 20, 2020

Sweden remains a consistent global leader in welfare quality due to its high fiscal burden and low levels of corruption. However, this Scandinavian state is not offshore, therefore, it is not advisable to create a company there in order to minimize the tax burden.

The Swedish economy is directly dependent on exports – it accounts for about 40% of GDP. Thus, local companies and services offered in international markets are competitors. It is also worth noting that it is almost impossible to avoid paying the tax fee in Sweden. If the activities of the partners of OJSC are carried out outside the state, the corporate tax is not payable. Dividends are also not taxed if the company receives them from organizations that are not residents of the country.

Company registration procedure in Sweden

It is advisable that the entrepreneur obtains a residence permit in Sweden. This is due to the provisions of regulatory legal acts, it contains the following:

  • residents of Sweden or other Scandinavian countries do not need any kind of residence permit;
  • citizens of the eurozone countries are allowed to live in Sweden, however, they must be registered at the office of the migration service;
  • before registering a company, persons who are citizens of any other state must necessarily obtain an official residence permit.

You can establish a company in Swedish jurisdiction in one of the following several forms of business:

  • individual entrepreneurship. This form is beneficial because accounting is simple and does not contain hidden subtleties. There are no requirements for the minimum size of the registered capital. Income tax is imposed on the profits earned, and in the Scandinavian countries the rate for such a tax is higher than for income tax;
  • a limited liability company is an analogue of a PJSC. For the authorized capital, an amount of at least 50,000 thousand kroons is supposed (in dollars it is approximately 5-6 thousand);
  • private company with limited liability. As a rule, such enterprises include 1-2 founders. The capital is 50+ thousand kroons;
  • public company. The shares of such a company must be traded in free trade, which is why at the moment when the registration process takes place, the registered capital must be at least 500,000 kroons;
  • commercial type agency. The advantage of this form of business is that no requirements are set for the minimum size of the registered capital, and each of the partners is personally and fully responsible for the debt obligations of the company. This option is not very profitable for foreigners;
  • limited liability partnership. This type of organization assumes that responsibility for debts and any obligations of the company is imposed on one partner in full, while others are only partially responsible;
  • a branch of a foreign company. Such a structure is not registered separately, but exists as a subdivision of the main parent structure.

It is possible to establish a company in Swedish jurisdiction in 5-8 working days.

If you need to register a company in Sweden, our specialists will help you register a company quickly and efficiently. Also, you can buy a ready-made company in Sweden. Write to us in the CRM form and we will help you register a company.

Eternity Law International specialists will provide you with qualified advice on the acquisition of an offshore company, opening a bank account in any jurisdiction, as well as further support of your company’s activities at any stage.

We offer ready-made European and offshore companies. It takes 2 days to reissue documents for new owners.

If you have any questions or need advice on registering or buying a company, call us at the phone numbers listed on the website, or write to us in the CRM form located at the bottom of the page. Our specialists will answer you online.

You could be interested

How to set up a SICAV fund in Luxembourg

There are a few options for how businesspersons-nonresidents may open an investment fund (IF) in Luxembοurg. An alternative investment vehicle is most suitable for private investors looking to create their funds in the country. It has two types: SICΑV and SICΑF. The following is a brief explanation of how to set up a SICAV fund...

VASP license in Hong Kong

On June 24, 2022, jurisdiction governmental authorities released Anti-Money-Laundering and Terrorist-Financing (AML/FT) Order; it established licensing and regulatory norms demanding to possess VASP license in Hong Kong. Let us consider it in more detail and find out how it affects firms operating in this industry. The draft law amended the AML and CFT Order, main...

Directive № 5 in Malta

In 2018, 2 important events took place for the world of virtual currency and digital wallets. One of them is Directive № 5 in Malta. The Government of the island of Malta adopted 3 legal acts regulating the sandbox of the blockchain. And in June, the EU Herald published the Fifth Money Laundering Directive, which...

Obtaining a gambling license in Belgium

The ban on gambling on the territory of the CIS countries forced to look for options for operating online casino activities outside the CIS countries. Belgium became one of the most attractive countries in the gaming industry. In order to operate a casino you need  registration of a legal entity and also a license. A...

Crypto license in Slovenia

Activities of Slovenian crypto-currency firms are encouraged and supported in every possible way, as well as the entire field as a whole. There are many conferences organized in the country that are related to this industry. As part of these events, issues of launching a cryptobusiness in the state, the effectiveness of state-established regulation, and...

Asset management license in Portugal

Since introduction of new legislative basis on May 28, 2023, existing assets and investments management firms are required to adapt their business-activities. Approved new legal basis established uniform standards for venture capitals, funds management for capital-holders and specialized investments. Below we’ll look at the current framework and regulative standards where government grants asset management license...

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.

Ready-made companies for sale

Companies with a bank account around the world

Banks for sale

Established Banks for sale

Ready-made licenses for sale

Forex, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Licensing

Forex licenses, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Offshore company registration

Expert advice on the acquisition of an offshore company

Open a bank account

Open bank accounts in more than 120 banks around the world
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof
+41 435 50 73 23

Kyiv

Baseina street, 7
+38 094 712 03 54

London

Grosvenor Gardens, 52
+44 203 868 34 37

Washington

1629 K St. Suite 300 N.W.
+1 (888) 647 05 40 Toll Free

Vilnius

Gediminas Avenue, 44A
+370 52 11 14 32

Tallinn

Kesklinna linnaosa, Tuukri 19
+372 880 41 85

Edinburgh

Lochrin Square, 1
+44 203 868 34 37

Nicosia

Jacovides Tower, 5 floor
+371 665 550 51

Riga

Esplanade, 7 floor
+371 665 550 51

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai
800938622 Toll Free

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard
+6531594300

Sydney

20 Martin Place
+61 2 888 00 365

Porto

2609 Avenida da Boavista
+351 800 500 206 Toll Free

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7
+995706070360