Tax relief

Tax relief attracts Swedish companies abroad

The Swedish Supreme Court has taken up a case concerning a 63-year-old accountant who, through a limited company registered in the UK has helped other Swedish companies abroad to post revenues and expenses. However later the clients’ accounts were audited, several of them were convicted for economic crimes and accounting fraud in Sweden. The accountant…

Tax residency of a company

When does an Estonian company attract tax residency in a foreign country? The exemption from corporate income tax, a special characteristic of Estonia, attracts foreign entrepreneurs to register companies in Estonia. Estonian entrepreneurs in turn are acting more and more actively in foreign countries while trying to retain a minimal tax burden. This is why…

Taxation of import goods

Taxation of import goods in Sweden

The taxation of non-Community goods in Sweden changes in the new year. From 1st January 2015 a company liable to pay VAT in Sweden needs to declare and pay VAT on import goods in the Swedish Tax Agency. According to the order in force so far VAT on import goods was declared and paid in…

Swedish limited company equity

Swedish limited company equity capital

Check the equity capital of a Swedish limited company before the end of the fiscal year The Swedish Company Law provides that the management board has an obligation to produce an interim balance sheet immediately if there are grounds to believe that the equity capital of the Swedish limited company has fallen below a half…

VAT to the Swedish Tax Board

VAT charging of electronic services

From the 1st of January 2015 the new VAT order will begin to apply to B2C electronic services providers due to directive 2008/8/EC of the European Commission. The specified services will start to be taxed in the country where the recipient of the service is located. Which electronic services will taxation change for? The changes…

Income tax in sweden

Corporate income tax in Sweden changed

Starting from 1st of January 2013, the income tax in Sweden, applied for companies, is 22%, instead of the previous 26,3%. The old tax rate still applies for the companies which financial year started before the 1st of January 2013. In 2014, the income of Swedish companies for the year 2013 will be taxed with…

forms of business in Sweden

1Office opened office in Stockholm

On 26th of October opened 1Office its office in Stockholm. The goal is to provide a full solution, where customers are served with a wide range of business services, starting with their legal entity creation. External partners are mostly used for translation, recruitment, audit and legal services. The office hotel services in the Stockholm office,…