Company formation etc

Company formation
Many questions need to be answered before starting a company. You should know the advantages and disadvantages of different company forms to know what suits you and your business best. We help you sort things out and prepare all documents needed. We handle contacts with key institutions like the Companies Registration Office (Bolagsverket) and the Swedish Tax Office (Skatteverket) until the company is registered and have received their F-tax.

Limited liability
Limited companies are divided into two categories, private- and public limited companies. Private companies should have a share capital of at least 50,000 sek and public limited companies a capital of at least 500,000 sek. Only publicly traded companies may turn to the public to raise capital. Limited companies are formed by one or more founders by setting up a trust deed. This includes a proposal to the articles of association and a suggestion of how much to be paid for each share.

Branch is a form of company that means that a foreign company has branch offices in Sweden. A branch should have an independent management including a managing director and self-governing accounting. This type of branch should be registered with the Companies Registration Office (Bolagsverket).

Individual enterprise
At the formation of an individual enterprise one should make a registration with the Companies Registration Office (Bolagsverket). One person conducts an individual enterprise. An individual enterprise does not require initial capital.

The business activities should be described as fully as possible, so that the authority should be able to determine if your business name collides with another carrying the same or similar activities. An individual enterprise is no legal entity; it is associated with the private person.

Trading partnership
It is considered a trading partnership if two or more persons have agreed to jointly pursue business in the company. The law has not made demands for written agreements. Although, a trading partnership agreement should be made in writing with date and certification. A trading partnership agreement can be very extensive. It may, inter alia, regulate the shareholders’ relationship and describe the company’s organization in depth, but can also contain only the minimum required. A trading partnership is a legal entity, but the partners are jointly liable for the debts. Trading partnerships may be formed by private and legal persons. A trading partnership has an obligation to register in the commercial register within the Companies Registration Office (Bolagsverket).