Economy in Sweden
Sweden has well developed financial markets and the banking system is excellent. Stockholmsbörsen is the official capital market and there are a
few alternative smaller markets as well.
Starting a business is relatively easy. Readymade limited companies are available for purchasing off the shelf and can be ready for
trading within days although formal registration may take up to a couple of months. The minimum share capital in a private limited company
is 100,000 SEK, which has to be paid in full. For a public company the limit is 500,000 SEK. Other requirements are that more than half
of the board of directors be citizens of the European Economic Area. The company's accounts must be filed annually and are publicly available
after filing. There are no thin capitalisation rules (except for financial institutions) but certain rules and responsibilities apply if
the share capital falls short of 50 percent of the registered capital.
Setting up a business in Sweden
Setting up a business in Sweden is a straightforward process. Procedures are simple and efficient, based on a transparent system that seeks to
facilitate formation of new enterprises. The most commonly chosen legal form by foreign investors is the limited liability company.
Generally speaking, no operating licenses are required to conduct business in Sweden. There are exceptions for specific areas however. Invest
Sweden can provide support and information throughout this process.
Sweden is an easy country to operate in
Skilled professionals, smooth business procedures and receptivity to international ownership make Sweden an easy country to operate in.
International businesses will find an environment that is modern, open and enterprise friendly.
Also Sweden climbed in this year's ranking, up four steps to number 14. The country has strengthened investor protections and made it easier
to start a business by cutting the minimum capital requirement for limited liability companies by half, making it easier to start a
business. However, during the year it has became slightly harder to get credit.
Sweden Business comments
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