JD Supra Sweden
- Publisher:
- JD Supra
- Publication date:
- 2019-04-29
Publisher
- JD Supra (32)
Law Firm
- Littler (6)
- White & Case LLP (4)
- Bergeson & Campbell, P.C. (4)
- King & Spalding (3)
- International Lawyers Network (3)
- Fox Rothschild LLP (2)
- K&L Gates LLP (1)
- Orrick, Herrington & Sutcliffe LLP (1)
- Latham & Watkins LLP (1)
- Kilpatrick Townsend & Stockton LLP (1)
- Proskauer - Minding Your Business (1)
- American Conference Institute (ACI) (1)
- World Law Group (1)
Latest documents
- Establishing a Business Entity in Sweden (Updated)
1. INTRODUCTION TO THE VARIOUS AVAILABLE LEGAL ENTITY TYPES - The most common form of legal entity to start a newco in Sweden is through a Limited Liability Company (Sw. Aktiebolag). There are, however, other types of legal entities available that may be better suited for your business. This first section will provide a short introduction to the various entity types.
- Establishing A Business Entity In Sweden (Updated)
1. TYPES OF ENTITIES AVAILABLE IN SWEDEN THROUGH WHICH TO CONDUCT BUSINESS AND MATTERS TO BE CONSIDERED WHEN CHOOSING A BUSINESS ENTITY TYPE - The most common form of business association in Sweden is a Limited Liability Company (Sw. Aktiebolag). However, there are different types of entities available for starting up a business. In the following the different types of entities among with the advantages and disadvantages associated with them will be described. Please see full Chapter below for more information.
- Establishing A Business Entity In Sweden (Updated)
1. DESCRIPTION OF THE TYPES OF ENTITIES AVAILABLE IN EACH JURISDICTION THROUGH WHICH TO CONDUCT BUSINESS AND MATTERS TO BE CONSIDERED WHEN CHOOSING A BUSINESS ENTITY TYPE - The most common form of business association in Sweden is a limited liability company (Sw. Aktiebolag). However, there are different types of entities available for starting up a business. In the following the different types of entities among with the advantages and disadvantages associated with them will be described. Limited Liability Company - A limited liability company is a form of business enterprise in which the responsibility of the shareholders is normally limited to the capital invested in the company, i.e., the shareholders are not personally liable for the debts of the company. It is the overriding principle under Swedish law that the directors of the board and the managing director are legally responsible for the company and its business under the applicable laws. The share capital of a private limited liability company is optional but must be at least SEK 25 000 and the share capital of a public limited company must be at least SEK 500 000. One key advantage to a Swedish limited liability company compared to many other jurisdictions throughout Europe is that there is a possibility to have different share classes with different capital and voting powers (“A” and “B” shares)... Please see full Chapter below for more information.
- Establishing A Business Entity In Sweden (Updated)
1. DESCRIPTION OF THE TYPES OF ENTITIES AVAILABLE IN EACH JURISDICTION THROUGH WHICH TO CONDUCT BUSINESS AND MATTERS TO BE CONSIDERED WHEN CHOOSING A BUSINESS ENTITY TYPE - The most common form of business association in Sweden is a limited liability company (Sw. Aktiebolag). However, there are different types of entities available for starting up a business. In the following the different types of entities among with the advantages and disadvantages associated with them will be described. Limited Liability Company - A limited liability company is a form of business enterprise in which the responsibility of the shareholders is normally limited to the capital invested in the company, i.e. the shareholders are not personally liable for the debts of the company. It is the overriding principle under Swedish law that the directors of the board and the managing director are legally responsible for the company and its business under the applicable laws. The share capital of a private limited liability company is optional but must be at least SEK 25 000 and the share capital of a public limited company must be at least SEK 500 000. One key advantage to a Swedish limited liability company compared to many other jurisdictions throughout Europe is that there is a possibility to have different share classes with different capital and voting powers (“A” and “B” shares)... Please see full Chapter below for more information.
- SweNanoSafe Publishes English Translation of Report from Workshop Series with Education Network and Roadmap for 2021
In fall 2020, the Swedish National Platform for Nanosafety (SweNanoSafe) organized three workshops on education within nanosafety, with the goal of starting and consolidating an education network. The first workshop focused on the need for education in nanosafety, the second workshop was on available education on nanosafety in Sweden, and the third workshop discussed concrete opportunities to take various education efforts one step further.
- 2021 Venture Capital Guide - Sweden
World Law Group member firms recently collaborated on a Global Venture Capital Guide that covers more than 30 jurisdictions on investment approval processes, typical investment sectors and investment structures on Venture Capital deals (and more!).
- The Swiss Responsible Business Initiative Has Been Rejected, but the Government’s Counterproposal Will Likely Enter Into Force: Brief Overview of the New Duties for Companies
In a public vote on 29 November 2020, the Swiss electorate rejected the Responsible Business Initiative (the “RBI”). After an intensive ideological campaign, the RBI received 50.7% of the votes but failed to win support in a majority of cantons, a necessary condition for a public initiative.
- Foreign direct investment reviews 2020: A global perspective - Sweden
Increased awareness of safety concerns related to foreign direct investments has prompted a ramp-up toward the implementation of a general FDI screening regulation - As of this writing, Sweden does not have a general FDI screening mechanism, and the Swedish Government largely takes a positive view of foreign companies investing in Swedish companies, as investment contributes to higher growth and employment. However, concerns have been raised that foreign ownership of sensitive infrastructure and technology in Sweden could pose harm to national security—increasingly so as a result of COVID-19.
- Record Anti-Money Laundering Fine Imposed on Swedbank
I. Background - Sweden’s financial supervisory authority (“SFSA”) recently fined Swedbank AB a record 4 billion Swedish kronor (approximately $386 million) for deficiencies in its anti-money laundering (“AML”) processes and controls. See SFSA’s press release.
- Sweden to Test Its Own Cryptocurrency
The country with the most cashless consumer transactions announced this week that it plans to test its own cryptocurrency “that can work as a complement to cash.” Sweden’s central bank, the Riksbank, stated it will be conducting a pilot project with Accenture to develop a proposal for an “e-krona” using Distributed Ledger (i.e., Blockchain) Technology (DLT).
Featured documents
- Kazakhstan Ordered to Pay $506 Million for Crude Expropriation of Oil and Gas Investments
In a case that highlights both that governments are not above the rule of law and that it is difficult to swiftly enforce arbitral awards, a Swedish appeals court, on December 12, 2016, upheld a $506 million award against Kazakhstan. The award stems from Kazakhstan’s 2008 seizure of the oil and gas ...
- GDPR Guide to National Implementation: Sweden - A practical guide to national GDPR compliance requirements across the EEA
Q1/ Applicable legislation - (a) Have the requirements of the GDPR been addressed by introducing a new law, or by updating existing legislation? The main national pre-GDPR act on data privacy has been revoked, whereas other types of legislation also covering data protection such as the...
- KEMI Consulting on Draft Nano Register Regulation
The Swedish Chemicals Agency (KEMI) is in the process of consulting with stakeholders on a draft regulation that would require companies to provide information on nanomaterials in chemical products to the Swedish products register by February 28, 2019. According to KEMI, the proposal is the same...
- Sweden to Test Its Own Cryptocurrency
The country with the most cashless consumer transactions announced this week that it plans to test its own cryptocurrency “that can work as a complement to cash.” Sweden’s central bank, the Riksbank, stated it will be conducting a pilot project with Accenture to develop a proposal for an “e-krona”...
- Update – Sweden’s Request to Ban American Lobster in the EU Risks Violating the Rules of the WTO
In July 2016, we reported that the Swedish Government had requested that the European Union impose a ban on imports of U.S./Canadian live lobster (Homarus americanus). Sweden argues that Homarus americanus should be designated an “alien invasive species” under EU law because it is not native to the ...
- Record Anti-Money Laundering Fine Imposed on Swedbank
I. Background - Sweden’s financial supervisory authority (“SFSA”) recently fined Swedbank AB a record 4 billion Swedish kronor (approximately $386 million) for deficiencies in its anti-money laundering (“AML”) processes and controls. See SFSA’s press release....
- Littler Global Guide - Sweden - Q1 2017
Amendment to the Swedish Discrimination Act - Enacted Legislation - As of January 1, 2017, under a new amendment to the Swedish Discrimination Act (2008:567), all employers shall conduct annual pay surveys. The previous rules required a pay survey every three years....
- Foreign direct investment reviews 2020: A global perspective - Sweden
Increased awareness of safety concerns related to foreign direct investments has prompted a ramp-up toward the implementation of a general FDI screening regulation - As of this writing, Sweden does not have a general FDI screening mechanism, and the Swedish Government largely takes a positive...
- Sweden Announces Product Registration Requirement for Nanomaterials
On December 5, 2017, the Swedish Chemicals Agency (KEMI) announced that it has amended the information requirements for the products register to require notifiers to provide information on nanomaterials contained in chemical products. The announcement, available in Swedish, states that the...
- The Swiss Responsible Business Initiative Has Been Rejected, but the Government’s Counterproposal Will Likely Enter Into Force: Brief Overview of the New Duties for Companies
In a public vote on 29 November 2020, the Swiss electorate rejected the Responsible Business Initiative (the “RBI”). After an intensive ideological campaign, the RBI received 50.7% of the votes but failed to win support in a majority of cantons, a necessary condition for a public initiative....