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Company Formation and Related Services
Company Formation in Sweden
F.A.Q.
BridgeWest provides company formation in Sweden. Our assistance includes:
> drafting the Articles of Association (necessary for the company incorporation in Sweden);
The Articles of Association of the Swedish company cannot be signed through Power of Attorney (the same applies to Public Notary proceedings, a step required by the Swedish Law). The customer needs to deposit the charter capital personally, therefore prior to the company incorporation.
> drafting all other documents required for the incorporation of the Swedish company; These documents include: Specimen Signatures, Special Forms provided by the Company Registration Office in Sweden, passport copies etc.
> arranging Public Notary procedures (The procedures for incorporating a company in Sweden have to be done through a Swedish Public Notary);
> offering a Registered Office in Sweden for your company (if required);
The registered office may be any address where the Swedish company declares to have its headquarters. The registered office will be public.
> setting up a bank account for your Swedish company.
This refers both to an initial share capital account as well as a current bank account after the company is formed.
> recommending an accountant in Sweden;
Accountancy services are recommended for any new business registration in Sweden.
Please consider the fact that if the company has no authorized representative resident in Sweden, the board of directors must authorize a person resident in Sweden to receive service of process on behalf of the company.
BridgeWest can provide assistance for the formation of the following types of companies:
Aktiebolag (A.B. - Limited Liability company) This type of Swedish company can have one shareholder and one director and must maintain a local address (office) and a minimum share capital of 50.000 SEK (approximately 5.500 EUR).
Aktiebolag (A.B. - Joint Stock company) This type of Swedish company can have one shareholder and one director and must maintain a local address (office) and a minimum share capital of 500,000 SEK (around 55,000 EUR).
> Swedish Branch, Subsidiary or Representative Office-Any foreign company is able to set up branch entities in Sweden. These can be set up as separate
entities from the parent company (Swedish companies having the foreign company as shareholder) or extensions of the parent-company in Sweden.
In Sweden, the majority of foreign investors choose to purchase a ready-made company, since setting up a new company by a foreign citizen is a lengthy process, which may span over two months.
BridgeWest is able to offer ready-made Swedish companies and VAT registration.
Please contact us for more information and prices.
Articles on Company Formation in Sweden
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Investing in Sweden is a popular option throughout foreign investors looking for new territorial markets, as the economy is stable and strongly oriented towards foreign trade. Entrepreneurs usually choose to establish foreign-owned companies; however setting up a branch office may be more convenient ...
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Setting up business in a country like Sweden enables entrepreneurs to benefit from the welcoming environment of the country, the incentives available and the real possibility of profit. There are various company types, for different needs and capitals and the incorporation process can be quite compl ...
1. What is the corporate tax in Sweden? Companies and individual entrepreneurs in Sweden pay a corporate tax based on their annual income of 28%. However there is the possibility to defer taxation of profit by allocation of 25% of the profit to tax allocation reserves. 2. What is the VAT in Sweden? ...
1. What is the VAT in Sweden? The standard VAT rate applied in Sweden is 25%. However, a reduced rate of 12% applies in certain conditions. Foodstuffs and accommodation benefit from this reduced rate. An even lower VAT rate of 6% applies for transportations, newspapers and magazines or cultural even ...
Companies incorporated in Sweden find themselves under the Swedish Companies Act 2005. Partnerships, on the other hand, are stipulated in the Partnership and Non-registered Partnership Act 1980. There are also several European Directives in the field of company law that Sweden applies too. Neverthel ...
Country profile Sweden is a constitutional monarchy, situated in the Northern Europe, on the Scandinavian Peninsula. The 450,000 kilometers square of land are bordered by Norway and Finland, but it also has maritime borders with other countries. Sweden has a population of 9,428,054 inhabitants, with ...
Investing in Sweden means being part of a well-developed society in a dynamic environment. Sweden encourages foreign investments by providing a secure and welcoming business environment. The government of Sweden also offers some incentives in order to attract entrepreneurs from abroad. There are gra ...
General overview Sweden contributes to the total European share by 2%. In 2010, foreign investments in Sweden were higher with 33% compared to the previous year. Sweden offers access to new products and technologies, skills and innovations, together with access to the Scandinavian market. The World ...
The decision to set up a limited liability company in Sweden can be made by foreign investors who want to establish a business in this country. A Limited Liability Company can be either private or public. The private type of corporation is known as Aktiebolag (AB) and it is the most common structure ...
The Joint Stock Corporation in Sweden is actually a Public Limited Liability Company (Publikt Aktiebolag). As opposed to the Private LLC in Sweden, a Public AB is able to turn to the stock market. Capital At least 500,000 SEK are necessary as a share capital in order to establish a Public AB in ...
Lawyers in Sweden are in private practice, since there are no more public law offices in Sweden. Activities in the field of law are regulated by the Code of Judicial Procedure, Chapter 8. Besides legislation, the Government issues a charter of the Bar Association, giving the Association the statute ...
Public notaries in Sweden are appointed by the local County Administrative Board. There are approx. 250 public notaries in Sweden, but there is no register of all Swedish public notaries. The Swedish legal system does not operate with the concept of authentic acts or instruments. However, the ...
The profession of accountants in Sweden is based on the Annual Accounts Act of 1995 and the Book-keeping Act of 1999 which stipulate accounting principles. Moreover, the governmental body called the Swedish Accounting Standards Board also supports and regulates the profession of accountants in Swede ...
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 ...
For starting a company in Sweden, an entrepreneur needs a proper evaluation of the costs required in order to have a well-defined plan before making a decision. 1. What is the minimum share capital? For those who want to set up a private limited liability company in Sweden, the minimum share capital ...
Meet us in Stockholm
Call us now at +44 203 287 0408 to set up an appointment with our lawyers in Stockholm, Sweden. Alternatively you can incorporate your company without traveling to Sweden.
As a BridgeWest client, you will beneficiate from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Sweden.