Overview of Location
Sweden is one of the top European and Global economies which has been ranked 10th out of 190 countries for the of doing business back in 2020. Sweden Limited Companies can enjoy the country’s stable legal and political systems, and access to the European Union, Nordic, and global markets. Swedish government aims to create a truly business-friendly environment that would unite incentives for startups, supportive measures for SMEs, and the possibility for big businesses to operate within the jurisdiction as well.
Swedish company can benefit from the world-class infrastructure, little bureaucracy, and a friendly business environment. The company incorporation process has been simplified as possible (especially for EU citizens) to make it easier to invest in local businesses. Moreover, Sweden offers some of the lowest corporate taxes in the EU which is 20.6%
Other prominent advantages for Swedish Aktiebolag (Limited company) are that country possesses an open economy, thus fostering competition and further development of innovations. In particular, Sweden is focused to elaborate more on investing in biotechnology, food processing, and technology advancement. Therefore, it creates and expands the markets for trading and making exports within the EU as other regions like India, South America, the Middle East, and others.
Further to it, Sweden is also a popular country to invest in its innovation hub. A great variety of Swedish limited companies are incorporated to be engaged in research and development (R&D) activities. The government is aimed to create and maintain a supportive environment for innovations and heavily invests in education. It is estimated that around 3.5% of total Sweden’s GDP goes to research and development. Some of the most prominent examples resulting in such sectors as the development of pharmaceuticals, digital and biotech tools, biomaterials, orthopedic implants, medicine with an incline to regeneration, and medical imaging/visualization.
Our team would be pleased to assist you with the choice of the desired type of legal entity to be incorporated. Corpheroes will provide you with full guidance and assistance at every step of the business set up process in Sweden. Thus, your entity could start the operations smoothly avoiding bureaucracy by staying focused on business processes.
Required Documents
List of files necessary for setup.
- Certified copy of your passport;
- Certified copy of your utility bill;
- For corporate shareholder: Trade Register excerpt, Articles of Association and resolution to establish company.
- Documents and certification have to be done in Swedish.
- Founder has to be a resident of European Economic Ares (EEA).
Features and Benefits
Peculiarities associated exactly with this jurisdiction.
- Corporate account opening to deposit share capital;
- Annual maintenance of company: preparing documents for Annual General Meeting (AGM);
- Assistance with filing the annual financial statements;
- Registered address in Sweden;
- Assistance with translation to Swedish;
- Maintenance and annual review of UBO register.
Formation package includes:
- Our genuine daily support;
- Name availability check and reservation;
- Local company duly licensed and ready for business activity;
- Registration with Commercial Register and acquisition of Articles of Association, other incorporation documents;
- Registration of UBO's details.
Formation Steps
Define your business activities and choose a name that suits your brand.
Name check and reservation. Preparation of the KYC (Know-Your-Customers) and other due diligence files.
Registering an entity with the local registry. Acquisition of the corporate files.
Corporate accounts opening.
Need more details?
Inquire now to get all information about this jurisdiction.
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Let's set up Your business together
If you are looking for someone that will assist set up and maintenance of your business, you are in a right place. We strive to build relationships with our clients and partners in a way that you could rely on us.