Offshore Sweden

Offshore registration in Sweden

The neutral and non-conflict state of Sweden is located in the north of Europe and occupies most of the Scandinavian Peninsula. Capital – Stockholm, monetary unit – Swedish krona.

A country with a stable economy attracts international investors as a reliable partner on the world stage. The area is popular for doing business and opening an international representative office. Today, non-residents have the opportunity to sell or buy a company in Sweden without investment restrictions and paying fees.

The most popular areas for starting a business by non-residents are: trade, transportation, IT, creation of computer games, 3D graphics, rental of real estate.

Offshore Sweden is not actually offshore and is not blacklisted; Cabinet of Ministers. Ukraine is included in the list of countries with which Sweden has signed an agreement on the avoidance of double taxation, in addition, an agreement on mutual protection of investments has been signed.

Organizational and legal forms of companies

1. Limited Liability Company – Privat Aktiebolag.
2. Open Joint Stock Company– Publication Aktiebolag.

The name should not repeat the names of existing companies or be similar to them. Part of the name should indicate the form of ownership.

The minimum authorized capital for Privat Aktiebolag is €12,000, Publikt Aktiebolag – €55 000. It can be expressed both in cash and in property.

Publikt Aktiebolag must have at least two shareholders, individuals or legal entities. An LLC must have one director, and an OJSC – at least three. If the authorized capital of the company is more than 1 million SEK, and the number of employees is more than 30, one of the directors must be a resident of Sweden.

If you intend to open or buy a company in Sweden, you will need the following documents:

• Registration statement.
• Memorandum of Incorporation and Articles of Association
• Protocol of distribution of shares.
• Confirmation of the deposit of the authorized capital.

Documents are submitted to the Swedish Commercial Register.

Offshore company registration services provided by Crystal Tax include:

• Title check and reservation.
• Collection and execution of constituent and registration documents.
• Company registration.
• Providing a legal address.
• Opening a bank account.
• Bookkeeping.
• Annual maintenance

Taxes and reporting

Corporate income tax is set at 28% and can be reduced by using a tax deferral for unused resources. When OAO partners conduct activities outside the country, such a tax is not charged.

VAT is 25%, for food – 12%, for periodicals –6%. Tax on dividends, winnings, royalties – 25% when using agreements signed with other countries – 15%. For non-payment of taxes, a fine is provided – 40% of the amount owed.

All companies in Sweden are required to keep accounting records that record all transactions that take place throughout the year. The reports are stored at the legal address of the company, and access to them must be provided to representatives of regulatory authorities. The submission of an auditor's report is only mandatory for companies with a capital of more than 30 thousand kroons and more than 200 employees. Audits are carried out by specialized companies.