The ready-made Swedish AB has the share capital already registered in for the first financial year through a temporary bank account and the company can be purchased without traveling to Sweden. The company does not have any previous history.
You will become the owner of the company from signing the contract. When all the required documents are provided, it usually takes 10-15 days for the company to be registered under your name. The processing times might change depending on the workload of the Swedish Business Register.
After the company has been transferred, you can now open bank account connected to your company.
Swedish limited liability company must have at least three board members or at least one member of the management board (Styrelseledamot) and one deputy member (Suppleant). In the event the limited company has no board member who is resident in Sweden, a contact person in Sweden must be appointed.
Keep in mind that having a local business address is mandatory for every Swedish company and usually it can’t be a residential address. The legal address will be shown in the Swedish company register and all the official letters will be sent to this address.
In order to start a business in Sweden, you have to apply for tax registrations such as VAT and F-Skatt after the company is in your name (This is not included in our price).
Every company in Sweden has to submit the Annual Report and Annual Income Declaration. If the company has monthly transactions, invoices and VAT number, it is also be mandatory to submit monthly declarations if the company has an annual turnover between 1-40 million SEK. You can then chose to declare VAT every month or every three months. If the annual turnover is less than 1 million SEK, you can declare VAT one time a year (At the end of the fiscal year).
The majority of Swedish Aktiebolag needs to register beneficial ownership with Bolagsverket.
Included in the price:
– First year of our virtual address (Renews at $799)
– Overview of the company’s purchase procedure and requirements
– Preparing and gathering supporting documents
– Changing the company’s records in the Commercial Register (Bolagsverket)
– Changing the Article of Associations and Board meeting protocol
– State fee
You have until the end of the first fiscal year to open a bank account and pay the initial share capital of 25 000 SEK.