• AddressDrottninggatan 104, Stockholm, Sweden
  • Phone+46 8248340

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workpermit@ab.se
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“Aktiebolagstjänst operates in several legal areas. Below, we explain a little about this.”

Corporate law

Corporate Law refers to the laws and regulations that govern how companies operate, their structure, management, and business activities. Corporate law covers a wide range of areas, including but not limited to:

  1. Company Formation and Structure: Corporate law governs how a company should be established, registered, and structured. This includes various types of company forms, but inevitably in the form of a limited company (aktiebolag), along with the legal requirements for establishing them.
  2. Contracts and Agreements: Companies often enter into agreements with other companies, employees, customers, and suppliers. Corporate law covers all aspects of creating, interpreting, and enforcing contracts between parties, including negotiations and disputes.
  3. Corporate Governance: This relates to the rules and processes that govern the management and control of a company, including shareholders’ rights, the responsibilities of management, and corporate decisions that must be made according to the law.
  4. Mergers and Acquisitions: Corporate law also encompasses rules regarding company acquisitions (when one company buys another), mergers (when two companies combine), and divestitures. This includes the legal procedures and requirements that must be met for such acquisitions or mergers to be carried out.
  5. Tax Law: Corporate law governs how companies should pay taxes, including corporate taxes, VAT, and other taxes that may be relevant to the business.

    Corporate law aims to ensure that businesses are run in a legal and ethical manner, and that all business processes comply with relevant laws and regulations to protect both the company and the other parties involved.

Trademark law

Using us as your representative to register an EU trademark can be a smart strategy for companies outside the EU for several reasons:

  1. Expertise in EU legislation and practice: As trademark representatives registered with the EUIPO (European Union Intellectual Property Office), we have in-depth knowledge of EU trademark laws and how EUIPO operates. We have experience managing the registration processes and can navigate the legal requirements and procedures to ensure that the trademark is properly registered.
  2. Reduced risk of rejection: As trademark representatives registered with EUIPO, we can help your company identify any potential issues or obstacles in the trademark application before it is submitted, reducing the risk of rejection. We can handle thorough pre-investigations to ensure the trademark is not already taken by someone else and help choose the correct classifications for the trademark.
  3. Easy communication with EUIPO: Since we, as representatives, are well-versed in the EU system and experienced in working with EUIPO, we can handle communication and any questions that arise during the process more easily. This also makes it simpler for companies outside the EU to get help understanding and managing any messages or requests from EUIPO.
  4. Global reach and network: A Swedish representative can have a wide international network of partners and can assist in coordinating trademark registrations globally. This makes it easier for companies to protect their trademarks across multiple markets at once and ensures a consistent strategy for trademark protection on a global level.
  5. Efficient handling of legal disputes: If any legal disputes or objections arise regarding the trademark registration, we offer experience in handling such processes. We can advise on how to best address objections and help defend the company’s rights at the EU level.
  6. Convenience and time efficiency: Using a Swedish representative streamlines the process, meaning companies outside the EU can save time and resources. As your representative, we handle all administrative tasks and ensure that all deadlines and formalities are met correctly.

    With us as your representative in the trademark process, it becomes easier, more cost-effective, and legally secure for companies outside the EU, especially through our expertise, linguistic and cultural understanding, and experience with the EU’s regulations and systems.

Accounting

When a foreign corporate group establishes itself in Sweden, it must comply with Swedish accounting regulations, which are based on Swedish legislation, sound accounting practices, and international standards. Here are some key points:

  1. Ongoing Accounting and Annual Financial Statements
    All Swedish companies, including foreign-owned ones, must maintain their accounting records on an ongoing basis, declare VAT on wages, and prepare annual financial statements. The company must document its business transactions and prepare an annual report, including an income statement, balance sheet, and management report. Nowadays, all accounting and declarations are performed entirely digitally. From the moment the documentation is scanned or emailed into the system, until the annual financial statements and income tax returns are submitted to the relevant authorities.
  2. Tax Regulations
    Companies operating in Sweden must register for taxes and comply with Swedish tax regulations, including VAT, and, if they have employees, wages as well. The company is responsible for paying its own taxes.
  3. International Standards
    For larger companies, IFRS (International Financial Reporting Standards) must be applied for the annual report. Smaller companies follow Swedish accounting regulations entirely.
  4. Currency Management
    If the company uses currencies other than Swedish kronor, exchange rate differences must be correctly handled in the accounting. A Swedish company can choose to keep its accounting currency in SEK or EUR.
  5. We Understand Swedish Regulations
    We have many years of experience assisting companies with everything from establishing companies to liquidation. We handle everything related to corporate administration, accounting, taxes, HR issues, and more.

    A foreign company that wants to establish itself successfully in Sweden must ensure that it hires an advisory company in Sweden capable of managing all administrative, business, tax, and HR matters, and we are such a company.

Corporate finance - Tax law

Corporate Finance – Tax Law in Sweden deals with how Swedish companies must comply with tax legislation when making decisions regarding financing, capital structure, and investments. It combines corporate finance regulations with tax law to ensure that companies manage their financial activities in a way that benefits the business and complies with the applicable tax regulations in Sweden.

Finance – Tax Law in Sweden:

  1. Capital Structure and Interest Deductions In Sweden, companies can finance themselves through equity (shares) or debt (loans). Our recommendation is to have a low share capital and resolve other financing matters through loans from the foreign parent company. A key part of tax law is managing interest deductions. Companies can generally deduct their interest costs, reducing their taxable income and thereby the tax burden. However, there are regulations that limit deductions for interest if the company has high loans from foreign group companies, known as interest deduction limitation rules.
  2. Tax Planning and Business Structure The rules of tax law are important when companies consider their business structure, i.e., whether they should operate as a limited liability company or another form. The choice of corporate form affects how taxes are calculated, such as corporate tax (company tax), which in Sweden is 21.6%. When foreign groups establish themselves in Sweden, it almost exclusively occurs in the form of limited liability companies. If the company operates in multiple countries, it may also need to consider tax treaties between Sweden and those countries to avoid double taxation.
  3. Mergers and Acquisitions Taxation In the case of mergers or acquisition transactions, tax law is often crucial in ensuring that companies carry out these transactions in a tax-efficient manner. There are specific tax rules that allow for tax-free mergers or acquisitions under certain conditions, which can be advantageous to avoid high taxes during these restructurings. However, careful planning is required to meet the legal requirements and avoid tax issues afterward.
  4. Tax Incentives and Deductions Companies in Sweden can benefit from various tax incentives that promote investments and research. For example, companies can receive tax deductions for investments in research and development (R&D), making it more attractive to invest in innovations. Employers can also benefit from reduced social security contributions for employees involved in R&D.
  5. VAT and Taxes on Financial Services For most businesses in Sweden, the company must register for VAT (value-added tax) and pay VAT on goods and services. Note that VAT is not a cost for the company but rather a burden to record, report, and pay VAT, and certain financial services may be exempt from VAT, which can be relevant for some companies.
  6. Tax Responsibility and Reporting Companies in Sweden must ensure they comply with all tax regulations, which includes declaring their income, expenses, and paying taxes correctly. The Swedish Tax Agency (Skatteverket) monitors and controls whether companies comply with Swedish tax regulations and may conduct tax audits to ensure companies do not evade taxes through illegal means.

    By hiring us for these matters, your Swedish company will avoid mishandling tax issues and financing in the proper way.
    Summary: Corporate Finance – Tax Law in Sweden is about how companies should manage their financing decisions in light of Swedish tax legislation and potential double taxation treaties with other countries. Swedish companies must navigate numerous regulations regarding capital structure, tax planning, mergers and acquisitions, as well as take advantage of various tax incentives and deductions. We ensure efficient management of corporate financing and tax law to minimize taxes and optimize the company’s financial results as much as possible.