Why Sweden is Best for Non-Resident Business Owners

1. Global Business Hub: Sweden is renowned for its high standard of living, stable economy, and access to the broader European Union (EU) market. Establishing a company here opens doors to trade opportunities across Europe and the world.
2. Business-Friendly Environment: Sweden ranks highly in ease of doing business. The government supports entrepreneurship through various initiatives, and the country has a transparent regulatory framework.
3. Technology and Innovation: As a world leader in innovation, particularly in tech and sustainability, Sweden provides an excellent foundation for tech, fintech, and environmentally-focused startups.
4. Skilled Workforce: Sweden has a highly educated and skilled workforce, making it an ideal destination for companies looking to scale globally.

VAT and Tax Structure

• VAT Registration: If your annual turnover exceeds the VAT threshold (currently 80,000 SEK for businesses in Sweden), you must register for VAT. The standard VAT rate is 25%, but there are reduced rates for certain goods and services.
• Corporate Tax: Sweden offers a relatively competitive corporate tax rate at 20.6%. Non-residents pay taxes only on income derived from Swedish sources, which is advantageous for international business owners.

Opening a Bank Account for Non-Residents

Once your Swedish company is incorporated, you can open a business bank account in Sweden, even as a non-resident. Many Swedish banks have adapted to international business needs, allowing non-residents to open accounts for their companies. You can also explore online banking solutions tailored to global entrepreneurs.

Payment Gateways and Global Payments

Setting up a Swedish company allows you to integrate with international payment gateways like Stripe, PayPal, and Klarna. These payment solutions are widely supported and help in receiving payments from clients worldwide. This is essential for e-commerce, SaaS, or any online business.

Legal Documents & Transparency

Domaino Startup assists in ensuring that all legal documents related to your Swedish company are prepared and compliant with local regulations. We ensure that your company is fully transparent and legally registered, making it easy to verify your company status online.

Apostille and Embassy Attestation Services

If you need your Swedish company documents to be legally recognized in other countries, we offer apostille services that can be completed in 30 business days. An apostille ensures that your documents are officially validated for international use.

Additionally, we provide embassy attestation services, making sure your company documents are legally authenticated by the relevant embassies for use in other countries.