News for entrepreneurs regarding income tax return 2016
Earlier this year the Swedish Tax Agency sent out a notice to companies registered in Sweden about this year’s income tax return.
Market variations between Finland, Sweden and the UK
Starting a business in a new market doesn’t necessarily have to be difficult when you know about each country’s specifics.
What are the primary forms of business in Sweden?
The first stage in establishing a company is selecting the form of business. The primary form of business often is Limited company.
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 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 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 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…
Launching a business in Sweden as a foreigner
Launching a business in Sweden as a foreigner One of the well known Swedish lawyers with law offices in the Baltic and Scandinavia said once that Swedes think that other countries have a different way of doing things. The truth is that Swedes are different. Market with 9 million high income consumers is very attractive…
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,…