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HomeStartupHow to start a business in Sweden:

How to start a business in Sweden:

1. Research and Planning

  • Market Research: Understand the Swedish market, consumer preferences, and competition.
  • Business Plan: Develop a comprehensive business plan outlining your business idea, target market, revenue model, and financial projections.

2. Choose a Business Structure

  • Sole Trader (Enskild näringsidkare): Suitable for single-person businesses.
  • Trading Partnership (Handelsbolag, HB): Requires at least two partners.
  • Limited Partnership (Kommanditbolag, KB): Similar to a trading partnership but includes general and limited partners.
  • Limited Company (Aktiebolag, AB): The most common form, requires a minimum share capital of SEK 25,000.
  • Economic Association (Ekonomisk förening): Suitable for cooperative ventures.

3. Register Your Business

  • Register with the Swedish Companies Registration Office (Bolagsverket):
  • Name Registration: Ensure the chosen business name is unique and complies with regulations.
  • Submit Registration Documents: Depending on the business structure, you’ll need to submit various documents, including articles of association and registration forms.
  • Online Registration: Use the e-service on Bolagsverket’s website for faster processing.
  • Tax Registration: Register for taxes with the Swedish Tax Agency (Skatteverket) to obtain an F-tax certificate, VAT registration, and employer registration if applicable.
  • Visit here to register your Business.

4. Open a Bank Account

  • Corporate Bank Account: Open a business bank account in Sweden for financial transactions and capital deposit.

5. Comply with Regulatory Requirements

  • Bookkeeping and Accounting: Adhere to Swedish accounting standards and keep proper financial records.
  • Annual Reporting: Limited companies and certain other entities must file annual reports with Bolagsverket.
  • Tax Filings: Regularly file tax returns with Skatteverket.

6. Obtain Necessary Permits and Licenses

  • Industry-Specific Permits: Depending on your business type, you may need additional permits from relevant authorities (e.g., food handling, construction).
  • Health and Safety Regulations: Ensure compliance with workplace health and safety regulations.

7. Understand Employment Laws

  • Labor Laws: Familiarize yourself with Swedish labor laws, including employment contracts, employee rights, and social security contributions.
  • Work Permits: If hiring foreign nationals, ensure they have the necessary work permits.

8. Access Support and Resources

  • Business Sweden: Provides guidance and support for starting and growing businesses in Sweden (Business Sweden).
  • ALMI Företagspartner: Offers loans, advice, and venture capital to startups and small businesses (ALMI).
  • Swedish Agency for Economic and Regional Growth (Tillväxtverket): Provides resources and support for business development (Tillväxtverket).

Key Resources and Links


Business-Friendly Environment

  • Ease of Registration: Sweden offers a straightforward process for registering a business. Most of the steps can be completed online through the Swedish Companies Registration Office (Bolagsverket), and the process is known for being quick and efficient.
  • Transparent Legal System: Sweden has a robust and transparent legal framework that protects businesses and ensures fair competition.

Government Support

  • Startup Programs: There are various government and private initiatives to support startups, such as funding programs, incubators, and accelerators. Agencies like Business Sweden and ALMI Företagspartner provide resources, advice, and financial support to new businesses .
  • Innovation Funding: Organizations like Vinnova, the Swedish Innovation Agency, offer grants and funding for innovative projects and research and development (R&D) activities.

Access to Talent

  • Highly Skilled Workforce: Sweden is known for its well-educated and highly skilled workforce, especially in technology, engineering, and innovation sectors. The country’s education system and focus on innovation contribute to a strong talent pool.

Quality of Life

  • Attractive Living Conditions: Sweden consistently ranks high in quality of life indices, making it an attractive place for entrepreneurs and employees to live and work.


  • Modern Infrastructure: Sweden has excellent infrastructure, including advanced digital and communication networks, which are essential for modern businesses.


High Costs

  • Operational Costs: While Sweden offers many advantages, it also has relatively high operational costs, including labor costs and taxes. Entrepreneurs need to plan for these expenses when starting a business

Regulatory Compliance

  • Strict Regulations: Although the legal system is transparent, it is also strict, and businesses must ensure compliance with various regulations, including environmental and labor laws. This can be time-consuming and may require legal advice

Competitive Market

By leveraging these resources and understanding both the advantages and challenges, entrepreneurs can effectively navigate the process of starting a business in Sweden.

No, you do not have to be a citizen of Sweden to start a business there. Sweden is very welcoming to foreign entrepreneurs, and there are no citizenship or residency requirements to establish and run a business. Here are the key steps and considerations for non-citizens starting a business in Sweden:

Key Steps for Non-Citizens

Choose a Business Structure

  • Sole Trader (Enskild näringsidkare): Requires a Swedish personal identity number (personnummer) or a coordination number (samordningsnummer) if you don’t have one.
  • Limited Company (Aktiebolag, AB): Most common structure for foreign entrepreneurs; requires a minimum share capital of SEK 25,000.
  • Branch Office: For foreign companies wanting to establish a presence in Sweden without forming a new entity.
  • Limited Partnership (Kommanditbolag, KB) and Trading Partnership (Handelsbolag, HB): Require at least two partners.

Register Your Business

  • Swedish Companies Registration Office (Bolagsverket): Register your business online. Non-residents need to provide additional documentation, such as passport copies and proof of residence.
  • Tax Agency (Skatteverket): Register for taxes and obtain an F-tax certificate, VAT registration, and employer registration if applicable.

Personal Identity Number or Coordination Number

  • Personal Identity Number (Personnummer): Needed for many administrative purposes in Sweden. If you don’t have one, you can apply for a coordination number (Samordningsnummer), which is an alternative for non-residents.

Open a Bank Account

  • Corporate Bank Account: Required for business transactions. Non-residents might need to provide additional documentation, such as proof of identity, business registration certificate, and tax registration documents.

Compliance and Permits

  • Licenses and Permits: Depending on the type of business, additional licenses and permits may be required from relevant authorities.
  • Accounting and Reporting: Maintain proper accounting records and comply with annual reporting requirements to Bolagsverket and Skatteverket.

Additional Considerations

  • Visa and Residence Permit: While you don’t need to be a resident to start a business, if you plan to move to Sweden to run the business, you will need a residence permit for self-employment. This requires proving that your business can support you financially.
  • Employment Regulations: Familiarize yourself with Swedish labor laws, including employment contracts, worker rights, and social security contributions.

Resources for Further Guidance

Started A Business In Sweden | How To Set Up A Company In Sweden