JD Supra Sweden

Publisher:
JD Supra
Publication date:
2019-04-29

Publisher

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).

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