Establishing a company in Sweden in a cheaper but more time-consuming process that buying a ready-made company. In this case, it is required to instantly pay in the share capital of 50 000 SEK.

Swedish limited liability company must have at least three board members or at least one member of the management board and one deputy member. Not less than one-half of the members of the board must be residents of the European Economic Area. In the event the limited company has no board member who is resident in Sweden, a contact person must be appointed.

Keep in mind that having a local legal address is mandatory for every Swedish company and usually it can’t be a residential address. The legal address will be shown in the business registry and all the official letters will be sent to this address.

In order to start a business in Sweden you have to apply for tax registrations.

Every company registered in Sweden has to submit the Annual Report and Annual Income Declaration. If the company has monthly transactions, invoices and VAT number, it’s also mandatory to submit monthly declarations. If you don’t have time or resources to do this yourself, you can order our accounting service.