Power of Attorney in Sweden

Swedish law allows a company to authorise by a written power of attorney in Sweden a legal representative in all matters concerning operations that involve the company. The power of attorney in Sweden can also permit the representative to assist and represent the company in negotiations, as well as give him the right to sign documents on behalf of the legal entity he represents. A power of attorney in Sweden must be governed by the Swedish law and prepared according to the rules in the Swedish law.

If a shareholder of the company cannot attend a general meeting, he can issue a written Swedish power of attorney in order for him to be represented by a proxy holder. If it is not stipulated otherwise in the power of attorney in Sweden, the document is valid for one year. Its validity cannot be longer than five years. When a power of attorney in Sweden is issued by a legal entity, it is necessary to present a copy of the company’s certificate of registration or some equivalent documents of authorization in order to make proof of the authority to issue powerof attorney in Sweden.

Swedish law mentions a type of power of attorney in Sweden when a person is given the power to make decisions on another person’s medical condition when the grantor will no longer be able to make them for himself. This kind of document is called a durable power of attorney for health care. This power of attorney in Sweden may include instructions on what you want the attorney to do in terms of surgery, artificial nutrition, hydration or any other matters. You can ask for advice of a lawyer before issuing this type of power of attorney in Sweden, but it is not compulsory.

A dispute or conflict based on a power of attorney in Sweden that has been issued by a legal entity is settled by the Arbitration Institute of the Stockholm Chamber of Commerce. The same is valid in the case that a power of attorney in Sweden reaches its termination date or ends its validity. The arbitral tribunal that will decide upon the power of attorney in Sweden is formed of one or three arbitrators, according to the complexity of the case, the amount in dispute and the consequences involved by the final decision of the Arbitration Institute of the Stockholm Chamber of Commerce.

BridgeWest offers company registration in Sweden, including virtual office and other related services.