Sweden’s recent economic reforms, aimed at fostering a more resilient and growth-driven business environment, are setting the stage for increased opportunities for both domestic and foreign businesses. The country’s new budget focuses on sustainability, technological innovation, and economic stability—each area presenting potential growth channels. Here, we explore these initiatives and show how they not only…
As the year comes to a close, Swedish limited companies (Aktiebolag or AB) must address several key financial and administrative tasks to ensure compliance with Swedish law. Failing to meet these obligations can lead to fines, penalties, or, in the worst-case scenario, forced liquidation. Whether you’re a seasoned business owner or just starting your company…
There are four generally recognised methods for transferring funds and assets to a company. The right option depends on the purpose of the funds, the company’s needs, and its financial and legal status. In this article, we outline different ways owners can transfer funds to their company and explore options for attracting new investors.
When deciding between an OÜ and an MTÜ, understanding their differences is important. Both have unique legal structures, benefits, and obligations that can significantly impact how your organisation operates. An OÜ is ideal for profit-driven ventures, offering flexibility and limited liability, while an MTÜ is designed for non-profit activities, requiring at least two founders. In this article, we’ll explore the key pros and cons of each to help you choose the right structure for your goals.
For many business owners with a Swedish Aktiebolag (AB), opening a business bank account in Sweden is not as simple as it might seem. Swedish banks have strict compliance requirements, and business owners often face delays or even rejection if their documentation isn’t up to par. Which banks to choose: Pros and Cons When…
For many businesses running a company (AB) in Sweden, the process of getting tax returns from the Swedish Tax Agency (Skatteverket) is a frequent source of confusion. At 1Office Sweden, we’ve worked with companies that, despite best efforts, face challenges when dealing with local tax matters and tax deductions. Common tax deductions One…
Ondato is an advanced KYC (Know Your Customer) system designed to streamline identity verification for businesses. By automating the compliance process, Ondato ensures that companies can securely verify the identities of their clients while meeting regulatory requirements. Read more how to go through KYC process smoothly.
In the following article, we will take a look at how employee vacation pay is calculated in Estonia, Sweden, Finland, UK, Latvia, Lithuania.
Our tax consultation team has put together a simple comparison table of the primary corporate and personal taxes in Estonia and neighboring countries. These tables are to be considered informative and general. Please note that tax rates can change. In case of further questions, feel free to contact us via email at estonia@1office.coCorporate TaxesEstoniaLithuaniaLatviaSwedenFinlandUnited KingdomIrelandEstoniaVAT…
Starting a business is an exciting endeavour, but before you can officially launch, you’ll need to set up a business bank account. This crucial step not only keeps your personal and business finances separate but also lays the foundation for financial stability and growth. In this guide, we’ll walk you through the process of successfully applying for a business bank account.