Swedish taxes
Sweden is a country located on the Scandinavian Peninsula. The population of the Nordic state is 9 people.
Swedish tax system has a lot of subtleties and important nuances. But, having understood all the details, you can open a fairly successful business in the country, in almost any direction.
One of the features of the Swedish Tax Inspectorate is the fact that the service itself is divided into departments, each of which is responsible for a specific area. Which in turn is a good incentive to attract foreign businessmen.
To start leading business in Sweden You will need to register with the tax office, and then apply for a Form F certificate. Based on practice, it is worth noting that most individuals and legal entities who decide open a company in Sweden, turn to professionals for help.
Company «E-COMMERCE BROKER specializes in resolving issues related to taxation and legislation of different countries. We will help you avoid common mistakes when registering your chosen business in Sweden, and competently understand local laws and regulations.
Percentage rates of the main taxes in Sweden:
- VAT – 25%, reduced rates 6%, 12%;
- profit of legal entities – fee of 26,3%;
- income of individuals – 55%;
- There is no state duty at all.
To date, the government of the Nordic states has signed over 80 agreements with other countries on the suppression of double taxation. If you have up-to-date information about Swedish legislation and the tax system, it will be easier for you to build your business.
Our experts are always in touch and ready to answer any questions. In addition to opening companies, accounts in financial institutions in different countries, acquiring, and so on, we undertake full accounting services for organizations. We work with each client on a contractual basis, where the working conditions and obligations of both parties are spelled out in detail.
Attractive industries for starting a successful business in Sweden:
- Transport services.
- Architecture.
- IT sphere.
- Designer niche.
- Trade and others.
Value added tax in Sweden By law, legal entities and individuals who specialize in selling certain products in the country are required to pay.
Regardless of the level of income the company receives, it must in any case register with the tax office. Moreover, tax payments are levied not only for the sale of goods/services, but also at all production stages.
In accordance with the provisions of the current Swedish legislative framework, only 2 types of organizations can be opened on the territory of the state: LLC and open joint-stock company. In their work practice, our specialists work responsibly and for results. We provide clients with exceptionally competent and objective advice.
According to current data statistics, Sweden is in 10th place in the Doing Business ratings
This rating shows the accessibility and opportunities for opening and running a business in the selected country. Mandatory tax payments and contributions to the state treasury are made every month, and these amounts are reflected in the tax return.
When choosing a field of activity in Sweden, we recommend taking into account the following points:
- high and intensive level of development of IT technologies;
- possible need to obtain a license.
In Sweden, some activities must be carried out under a license, for example, agriculture, medicine, energy, gambling. Contact us, we will be glad to have fruitful work!
