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COMPANY REGISTRATION IN SWEDEN
COMPANY
REGISTERATIO
N IN SWEDEN
In Sweden
Company
What is incorporation
process includes
Company drafting of the
Registration articles of
association,
in Sweden? passport copies,
the specimen
signatures and
other forms
obtained from the
company
registration office.
Under company incorporation process,
some public notary procedures must be
taken care of and registered office is
also necessary for company formation
in Sweden. Another requirement of
company incorporation is bank account
and hiring a local accountant for the
newly established company.
Types of Business Entities:
In Sweden the most popular form of business Limited Liability
Company. Under this type of company there is a requirement of
minimum share capital of 50,000 SEK.
Limited Liability Company must be set up with at least one
shareholder and two directors. Under this, the main benefit is that
the liability of its members is limited to their contribution to the
capital.
Article of association is the main document of such company
which consists company’s internal regulations, details regarding
the shareholders and capital and in certain cases an availability
term. In this type of company, main decisions are taken by the
general meeting of the shareholders.
Swedish Joint Stock Company
Under this, for incorporation the same
number of shareholders is allowed but
there is a requirement of initial capital of
at least 500,000 SEK. In this type of
company shares are transferable to a
third party and in some cases it can be
registered to the Stock Market.
MINOR FORMS OF
SWEDISH BUSINESS
General Partnership in Sweden
General partnership is established by two or more
partners who share the same liabilities as well as they
share the same managerial power. Under this, profits
are equally divided between the members. In case of
liquidation their personal assets can be affected.
Limited Partnership in Sweden
It is a form of partnership which is
established by two types of individuals:
at least one member having general
liability and
at least one member is a limited partner
with liability to the extent of their
contribution to the capital.
Sole proprietorship
There is no requirement of a
minimum share capital and there is
unlimited liability of the owner. In the
case of liquidation or dissolution
process profits can be used as
desired but personal assets can be
affected.
Incorporation Procedure
1. Firstly the desired name must be checked
before using it in elaborating the company’s
document sat the Swedish Companies
Registration Office. Before registering a
company in case the name is unique,
founders must proceed further by opening a
bank account for depositing the minimum
capital.
2. After the completion of all the
procedure and drafting of articles of
association, entrepreneur can
proceed with the Swedish Companies
Registration Office for incorporation
process and it will deliver a
registration certificate.
3. Registration process can be
performed in person or it can also
be done online through an
application developed by the
Swedish Companies Registration
Office.
4. An announcement regarding the setting
up of the new company is made in
the Swedish Official Gazette after
issuing the registration certificate. Using
an online application, registration at the
tax authorities can be performed at the
same time or in person at the Tax
authorities.
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