ILN: ESTABLISHING A BUSINESS ENTITY: AN INTERNATIONAL GUIDE

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[ESTABLISHING A BUSINESS ENTITY IN SWEDEN]

in Sweden after the three months have passed without the need for a residence permit. Swiss citizens who wish to stay in Sweden longer than three months need to obtain a residence permit. Citizens of other countries who intend to live and work in Sweden may need to apply for a visa. Advice should be sought regarding each specific case prior to travelling to Sweden.

4.3 Any restrictions on remitting funds out of the jurisdictions (withholdings, etc.)? General anti money laundering rules would apply meaning potential restrictions depend, inter alia, on the receiving jurisdiction. There are some restrictions on value transfers from the company, e.g., distributions of profit, that may limit the possibility of remitting funds out of the jurisdiction in some cases, depending, inter alia, on the type of legal entity that would be remitting funds. Please consult us in advance of establishing your Swedish business if you have any questions on potential restrictions.

ILN Corporate Group – Establishing a Business Entity Series

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