Sweden is the third-largest country in the European Union by surface area. The most important sectors of Sweden’s economy in 2014 were public administration, defence, education, human health and social work activities (24.5 %), industry (19.7 %) and wholesale and retail trade, transport, accommodation and food services (17.4 %).
The following forms of commercial organization can be set up in Sweden:
- Representative office;
- Sole trader;
- Employer/ Tax Registration – fixed establishment or non;
- Trading partnership (Handelsbolag/Kommanditbolag);
- Branch office (Filial);
Limited company (Aktiebolag) – 50 000 SEK initial capital;
Taxation in Sweden
Personal taxation- Progressive income tax.
Value Added Tax
- VAT rate – 25%;
- VAT reporting – monthly, quarterly, yearly
Corporate income tax – 22 %
Non-established foreign businesses
In some circumstances, company registration or other tax compliance related actions are required by businesses not established in Sweden. Ask Leinonen Bulgaria for details.
Report post workers in Sweden
Foreign employers have to report postings and specify a contact person to be registered in Sweden. The register is kept by the Swedish Work Environment Authority. If the posting is for no more than five days, no report is necessary. Posting for extended period must be reported on the sixth day at the latest. If the employer does not report a posting and a contact person for registration on time, the Work Environment Authority will impose a fine on the employer of SEK 20 000.
For detailed information, or a service offerContact Our Office. You will receive our reply within the same day.