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Limited Liability Company ( Aktiebolag, AB)
A limited liability company is the structure most
frequently used by foreign companies when setting
up business activities in Sweden. Investors can purchase
an off-the-shelf company or form the company
themselves. Either way, it is a quick procedure.
Ownership:
both several co-owners and single entrepreneur
The founding shareholders invest capital and decide the basic rules of the company, know as the articles of association (bolagsordningen). They elect the board of directors and auditor.
Share:
for a company classes as private (privat): a minimum of 50 000 SEK
for a company classed public (publikt): a minimum of 500 000 SEK
Certain differences exist between them in terms of applicable regulations.
Requirements for founders:
Founder must be 18 years or older and not have a custodian or be in a state of bankruptcy.
Registration:
Registration at Bolagsverket, you will receive a registration number (company´s identification). The registration number should appear on the company´s letterhead, invoices and order forms.
It costs 1900 - 2200 SEK to register a company.
- registering a company name
The company name is registered with Bolagsverket to ensure it will not be taken by another business. The name protection for an AB (Limited Liability Company) is valid for Sweden and for the business activity that the company has registered. The name must not be similar to any other registered company name or trademark, it must not be misleading, and it must do more than merely describe the business activity. All company names include the Swedish word for limited liability company, aktiebolag, AB.
-registering for tax
Company register as such by filling in a Skatte-och avgiftsanmälan form (Noticifaction of Tax and Contributions Liability) and sendig it to the Swedish Tax Agency (Skatteverket).
More information:
More information about Limited Liability Company from Invest Sweden
Tax Agency (Skatteverket - Swedish Tax Authority)
Prices and fees for Limited Liability Company (Bolagsverket - Swedish Company Registration Office)
Starting up a business 2009:2 - guidance from six government authorities
