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As just one tiny data point, I recently started a limited company (Aktiebolag) in Sweden and the process of application, opening a bank account, and applying fo
by drakonka 4y ago
As just one tiny data point, I recently started a limited company (Aktiebolag) in Sweden and the process of application, opening a bank account, and applying for VAT was _quite_ straightforward. It was not a very fast process and there was a bit of waiting for the various stages to be reviewed (about 5 weeks in total if I remember correctly). But the startup capital was much lower than Germany (25000 SEK) and the whole process was completed online.
For less patient people who need an AB with a quicker turnaround, there are companies that can sell you an already formed company with a registered name and company number for what in my opinion is a pretty reasonable fee.
However, I did this without any intention to raise funding so cannot speak to that side of it.
- hedgehog0 4y agoThanks! Is this procedure only for Sweden and/or European people, or it applies to people outside of Europe as well?
- drakonka 4y agoI am not actually sure. Skimming through the documentation the process seems to sound largely similar, but I'm not sure if there are technicalities or waiting periods that get revealed only after you start. There is some information about starting a company as a foreigner from the tax office here (in English): https://www.skatteverket.se/servicelankar/otherlanguages/inenglish/businessesandemployers/startingandrunningaswedishbusiness/registeringabusiness/registrationofforeigncompaniesinsweden.4.109dcbe71721adafd25501e.html https://www.skatteverket.se/servicelankar/otherlanguages/ine... This page (in Swedish) compares the different processes a bit, and it just sounds like you have an easier time using the Verksamt e-service if you have a Swedish personnummer. Whereas without a Swedish personnummer you have to do a bit more through Skatteverket (the Swedish tax agency): https://www.verksamt.se/starta/for-utlandska-medborgare https://www.verksamt.se/starta/for-utlandska-medborgare
- hedgehog0 4y agoThanks!