If you run a business in Sweden, there’s a critical update you need to know about before the end of 2025. Statistics Sweden (SCB) is launching SNI 2025, a new version of the Swedish industry classification system that affects how companies are categorized across the country. This change impacts more than half a million businesses, and if you don’t act by 21 November 2025, your company could be misclassified.
Whether you’re a startup, a sole trader, or managing a larger enterprise, updating your SNI code is essential for staying compliant, optimizing your tax position, and ensuring your business is accurately represented in Sweden’s official records.
What Is an SNI code and why does It matter?
SNI codes (Swedish Standard Industrial Classification) are used to define the industry in which a company operates. You choose your SNI code when registering your business in Sweden, and it becomes part of your company’s identity in the eyes of government agencies, financial institutions, and researchers.
But this isn’t just about statistics. Your SNI code affects:
- Tax deductions and how your expenses are treated
- Eligibility for grants and subsidies
- Creditworthiness and financial assessments
- Regulatory updates and compliance notifications
In short, your SNI code influences how your business is seen, supported, and regulated. That’s why it’s so important to make sure it’s accurate, especially now that the system is being overhauled.
What’s changing with SNI 2025?
The current version, SNI 2007, has been in place since 2007. But the business world has changed dramatically since then. New industries have emerged, digital services have exploded, and traditional sectors have evolved. SNI 2025 is designed to reflect this modern landscape.
The new classification system:
- Aligns with the EU-wide NACE standard
- Introduces new codes for emerging industries
- Splits or merges outdated codes
- Provides more accurate categorization for today’s economy
If your company’s current SNI code is affected, you’ll need to manually select the new code that best matches your operations. This is not automatic and if you don’t make a choice, SCB will assign a code based on your annual report and business description, which may not reflect your actual business activities.
Why you need to update your SNI code before 21 November
The deadline to update your SNI code is 21 November 2025. After that, the update portal will close, and SCB will begin assigning new codes to companies that haven’t made a selection.
This matters because:
- An incorrect code could lead to missed tax benefits
- You might be excluded from industry-specific grants
- Your company could be misrepresented in public records
- Financial institutions may misjudge your business risk profile
Only you know your business well enough to choose the right code. Don’t leave that decision to someone else.
How to check and update your SNI code
To update your industry classification:
- Visit the portal to update SIN
- Log in and review your current SNI code(s)
- Select the most accurate replacement from the SNI 2025 list
- Submit your update before the deadline
If you believe your current SNI 2007 code is incorrect, you can change it via Veksamt.se portal. Just note that it may take up to two weeks for changes to appear in system.
Special note for international entrepreneurs
If you’re an international entrepreneur operating in Sweden, you may find that you’re unable to access the SNI update portal directly. Don’t worry,1Office can assist you! Our team specializes in helping international businesses navigate Swedish regulations, and we can guide you through the SNI update process to ensure your business is correctly classified. Contact us via sweden@1office.co.
What this means for 1Office Sweden clients
Many 1Office clients operate in fast-moving sectors like IT consulting, e-commerce, digital marketing, and cross-border services: all of which are being redefined in SNI 2025. If your business falls into one of these categories, it’s especially important to ensure your classification reflects your current activities.
We recommend reviewing your code as soon as possible.
Final thoughts: Take control of your business identity
Updating your SNI code might seem like a small administrative task, but it has big implications. It’s about making sure your company is seen for what it truly is — and ensuring you get the benefits, support, and recognition you deserve.
Don’t wait until November. Log in, review your code, and make the change. Your business will thank you.
If you’re an international entrepreneur or need expert assistance, 1Office is here to help. Let us handle the process for you, so you can focus on growing your business.
