Description
Submitting Annual Report is mandatory for all the companies registered in Sweden, even if the company doesn’t have any activities during the financial year. The deadline for Annual Report is within seven months from the end of company’s financial year, so if your company’s financial year ends on 31 December, the due date for submitting the report is 31th July.
All the monthly accounting has to be completed before starting to compile the Annual Report.
Mandatory components of Annual Report are the balance sheet, income statement, statement of changes in equity and annexes. The auditor’s opinion must be attached if the company’s articles of association or the law requires an auditor.
Included in the price for Annual Report:
- Management report (needs to be drafted by board member with our help)
- Balance sheet
- Income statement
- Notes to the annual accounts
Submitting the data to Commercial Registry (Bolagsverket)
If the accounting for the financial year has not been done (or is not done correctly), additional fee based on accountants working hours will be added to the price. The exact content and the form of Annual Report depends on the size and business of the company.
Process flow:
- We agree on the volume of the work needed and final price
- In case your company’s accounting for the financial year has not been done, you need to send the source documents (bank statement(s), purchase- and sales invoices)
- In case your company needs to be audited or reviewed, you need to send us auditor’s opinion or we can help you to find auditor. During the audit process we will take care of communication with auditor about accounting questions.
- As soon as we have all necessary documents we will go over them and compile it to Annual Report
- We submit the Annual Report to Swedish Commercial Registry.
1. What happens if I don’t file the Annual Report for my company?
When the Annual Report is not submitted, then the Commercial Registry may decide to delete the company prior to several late penalties’.
2. Where can I check when my company’s financial year ends?
On your company’s registrations certificate, articles of association or tax agency registration sheet.
3. Can I file the Annual Report myself?
In principle yes, you can. But this is a complicated process, so if you really decide to do this yourself, then we advise you to do this early so you would still have time to turn to professionals if it gets overwhelming.
4. My company is not registered in Sweden, but it has Swedish tax registrations. Is Annual Report mandatory for my company?
No. You only need to file the Annual Income statement.
- DESCRIPTION
-
Submitting Annual Report is mandatory for all the companies registered in Sweden, even if the company doesn’t have any activities during the financial year. The deadline for Annual Report is within seven months from the end of company’s financial year, so if your company’s financial year ends on 31 December, the due date for submitting the report is 31th July.
All the monthly accounting has to be completed before starting to compile the Annual Report.
Mandatory components of Annual Report are the balance sheet, income statement, statement of changes in equity and annexes. The auditor’s opinion must be attached if the company’s articles of association or the law requires an auditor.
Included in the price for Annual Report:
- Management report (needs to be drafted by board member with our help)
- Balance sheet
- Income statement
- Notes to the annual accounts
Submitting the data to Commercial Registry (Bolagsverket)
If the accounting for the financial year has not been done (or is not done correctly), additional fee based on accountants working hours will be added to the price. The exact content and the form of Annual Report depends on the size and business of the company.
Process flow:
- We agree on the volume of the work needed and final price
- In case your company’s accounting for the financial year has not been done, you need to send the source documents (bank statement(s), purchase- and sales invoices)
- In case your company needs to be audited or reviewed, you need to send us auditor’s opinion or we can help you to find auditor. During the audit process we will take care of communication with auditor about accounting questions.
- As soon as we have all necessary documents we will go over them and compile it to Annual Report
- We submit the Annual Report to Swedish Commercial Registry.
- FAQ
-
1. What happens if I don’t file the Annual Report for my company?
When the Annual Report is not submitted, then the Commercial Registry may decide to delete the company prior to several late penalties’.
2. Where can I check when my company’s financial year ends?
On your company’s registrations certificate, articles of association or tax agency registration sheet.
3. Can I file the Annual Report myself?
In principle yes, you can. But this is a complicated process, so if you really decide to do this yourself, then we advise you to do this early so you would still have time to turn to professionals if it gets overwhelming.
4. My company is not registered in Sweden, but it has Swedish tax registrations. Is Annual Report mandatory for my company?
No. You only need to file the Annual Income statement.
