Sweden Geography, Politics, Economy, and Culture

Sweden is a Scandinavian country located in Northern Europe along the Baltic Sea, bordering Norway and Finland. Formally neutral through the two world wars and the Cold War, it is part of the European Union but not the euro. The country has gently rolling lowland with mountainous terrain in the west, suitable for agriculture. The country has a small, open, and competitive economy, with extremely high living standards. With a typical Nordic welfare system, it provides universal healthcare and tertiary education for all its people. Sweden also ranks highly in numerous quality of life categories such as education, protection of civil rights, equality, and human development. Its economy is focused on exports with an emphasis on engineering, telecommunications, pharmaceuticals, and automotive industries.

About 15% of the county lies above the Arctic Circle, with most of its total land area covered by forests. Swedish is its official language with small minorities speaking Finnish, Sami, Romani, and Yiddish. The majority of Swedes are Lutherans with a culture focused on egalitarianism and humility.

April 2Good Friday
April 4Easter Sunday
April 5Easter Monday
May 1May 1st
May 13Ascension Day
May 23Whit Sunday
June 6National day
June 26Midsummer Day
November 6All Saints’ Day
December 25Christmas Day
December 26Boxing Day
  • AB (Aktiebolag)
  • AB (publ) (Publikt aktiebolag)
  • Enskild firma
  • HB (Handelsbolag)
  • KB (Kommanditbolag)
  • Enkelt bolag
  • Ideell förening
  • Stiftelse
  • Filial
  • Corporate Tax: 20.6%
  • Income Tax (Lowest Marginal Rate): 32% (first US$1,930 per year is deductible)
  • Income Tax (Highest Marginal Rate): 52% (32% average municipality income tax + 20% state income tax)
  • VAT/GST/Sales Tax: + 20% state income tax), 25% (standard rate), 12% or 6% (reduced rate)
  • Sveriges Riksbank
  • ABG Sundal Collier
  • Avanza Bank
  • Bank Norwegian
  • Bank2 Bankaktiebolag
  • Bergslagens Sparbank
  • Carnegie Investment Bank
  • EFG Investment Bank
  • Eskilstuna Rekarne Sparbank
  • Forex Bank
  • Färs & Frosta Sparbank
  • GE Money Bank
  • ICA Banken
  • Ikanobanken
  • Klarna Bank AB
  • Länsförsäkringar Bank
  • MedMera Bank
  • Nordea
  • Nordnet Bank
  • Resurs Bank
  • Skandiabanken
  • Skandinaviska Enskilda Banken
  • Sparbanken Lidköping
  • Sparbanken Skaraborg
  • Sparbanken Öresund
  • Svenska Handelsbanken
  • Swedbank
  • Swedbank Sjuhärad
  • Tjustbygdens Sparbank
  • Varbergs Sparbank
  • Vimmerby Sparbank
  • Volvofinans Konto Bank
  • Ålandsbanken
  • Ölands Bank
  • Ekobanken medlemsbank
  • JAK members bank
  • Almundsryds Sparbank
  • Attmars Sparbank
  • Bjursås Sparbank
  • Ekeby Sparbank
  • Falkenbergs Sparbank
  • Farstorps Sparbank
  • Frenninge Sparbank
  • Fryksdalens Sparbank
  • Glimåkra Sparbank
  • Göteryds Sparbank
  • Hudiksvalls Sparbank
  • Häradssparbanken Mönsterås
  • Högsby Sparbank
  • Ivetofta Sparbank i Bromölla
  • Kinda-Ydre Sparbank
  • Kristianstads Sparbank
  • Kyrkhults Sparbank
  • Laholms Sparbank
  • Lekebergs Sparbank
  • Leksands Sparbank
  • Långasjö Sockens Sparbank
  • Lönneberga-Tuna-Vena Sparbank
  • Markaryds sparbank
  • Mjöbäcks Sparbank
  • Nordals Härads Sparbank
  • Norrbärke Sparbank
  • Närs sparbank
  • Orusts Sparbank
  • Roslagens Sparbank
  • Röke Sockens Sparbank
  • Sala Sparbank
  • Sidensjö sparbank
  • Skatelövs och Västra Torsås Sparbank
  • Skurups Sparbank
  • Snapphanebygdens Sparbank
  • Sparbanken Alingsås
  • Sparbanken Boken
  • Sparbanken Gotland
  • Sparbanken Gute
  • Sparbanken i Enköping
  • Sparbanken i Karlshamn
  • Sparbanken Nord
  • Sparbanken Syd
  • Sparbanken Tanum
  • Sparbanken Tranemo
  • Sparbanken Västra Mälardalen
  • Södra Dalarnas Sparbank
  • Södra Hestra Sparbank
  • Sölvesborg-Mjällby Sparbank
  • Sörmlands Sparbank
  • Tidaholms Sparbank
  • Tjörns Sparbank
  • Ulricehamns Sparbank
  • Vadstena Sparbank
  • Valdemarsviks Sparbank
  • Vinslövs Sparbank
  • Virserums Sparbank
  • Westra Wermlands Sparbank
  • Ålems Sparbank
  • Åryds Sparbank
  • Åse och Viste härads Sparbank
  • Åtvidabergs Sparbank
  • Älmeboda Sparbank

Aadmi can support you with your expansion to Sweden. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

September 15, 2023
Expanding into new markets is a strategic move that many businesses consider diversifying their revenue streams and mitigating risks associated with relying on a single mar...
September 15, 2023
Panama has experienced remarkable economic growth over the past decade, making it an attractive destination for business investment. The country’s strategic location ...
September 15, 2023
Running a global business requires more than just providing quality products or services. It also entails staying up-to-date with the ever-changing landscape of regulations...
September 08, 2023
Opening an international business can be a game-changer for entrepreneurs and investors alike. The global marketplace offers many opportunities that can lead to significant...
Not found