Doing Business in Sweden
A foreign company wishing to do business in Sweden may do so either
through a Swedish subsidiary company or a branch office. There
are no restrictions for foreign owners in Swedish companies.
Corporations exist as non-trading partnerships (enkla bolag), trading
partnerships (handelsbolag), limited partnerships (kommanditbolag)
and limited liability companies (aktiebolag). The latter is the
only corporate form with no personal liability in Sweden and is
by far the predominant type of business organization. It is also
the form most often used by foreign companies. There are two categories
of limited liability companies (aktiebolag), private (privat) and
public (publikt). The difference between the two categories is
determined by the right to turn to the public for capital. Generally,
no operating licenses are required to conduct business in Sweden.
There are exceptions for specific areas such as insurance, banking
and financial services though investors approved by other EU countries
may benefit from mutual recognition of such licenses.
Simple procedures
Incorporating a limited liability company in Sweden is very simple
for a foreign investor. An off-the-shelf company already fully
organized and registered can be acquired for a nominal fee from
law firms or consultant firms. The share capital must be at least
SEK 100,000 in a private limited liability company and SEK 500,000
in a public limited liability company.
Exchange control regulations
Sweden has no specific exchange control regulations affecting ordinary
commercial transactions of companies doing business in Sweden.
There are no specific legal regulations regarding, for example,
the right to open currency accounts and keep balances in foreign
currencies at Swedish banks.
Source: Invest
in Sweden Agency.
From its mountains in the far north to the farmland in the deep
south, Sweden has a great variety of climates, and offers stimulating
scenery, modern architecture, trendy fashion, cutting-edge design,
and a long and striking history.
Need more statistics and business information?
Find out more: Overview of economy
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