Investment framework and opportunities in Sweden

Procedures Relative to Foreign Investment

Freedom of Establishment

In general, Sweden imposes no restrictions on foreign investments or foreign shareholders. However, in certain sectors, conditions aimed at limiting foreign ownership can be imposed as a requirement for obtaining the necessary permits. Confirmation usually takes two to three weeks once the Swedish Company Registration Bureau has received the written application.

Acquisition of Holdings

Taking a majority holding in the capital of a Swedish company is allowed. For more information on mergers and acquisitions please visit Bolagsverket.

Obligation to Declare

The Swedish Act (1992:160) on Foreign Branches applies to foreign companies operating through a branch and also to people residing abroad who run a business in Sweden.

The investment promotion agency in the country gives information about the authorisations necessary for establishing a business.

Competent Organisation For the Declaration

The Swedish Companies Registration Office (Bolagsverket)

Requests For Specific Authorisations

Sweden does maintain some limitations in a select number of situations:

Accountancy: Investment in the accountancy sector by non-EU-residents cannot exceed 25 percent.
Legal services: Investment in a corporation or partnership carrying out the activities of an “advokat,” or lawyer, cannot be done by non-EU residents.
Air transport: Foreign enterprises may be restricted from access to international air routes unless bilateral intergovernmental agreements provide otherwise.
Air transport: Cabotage is reserved to national airlines.
Maritime transport: Cabotage is reserved to vessels flying the national flag.
Defense: Restrictions apply to foreign ownership of companies involved in the defense industry and other sensitive areas.