What is Company Registration in Sweden?

In Sweden Company incorporation process includes drafting of the articles

of association, 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

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.

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.
Registration process can be performed in person or it can also be done
online through an application developed by the Swedish Companies
Registration Office.

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.