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Business Environment
Sweden has a robust and stable economy with competitive corporate tax rates within the European Union, making it an attractive destination for foreign investment. Sweden consistently ranks among the world’s best business environments, offering efficient processes for company formation, registration, taxation, property transfer, and licensing.
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Open Economy
Sweden has an open economy that fosters innovation and competition. The government actively invests in biotechnology, food processing, and other sectors. It engages in open trade and supports growing markets such as the Baltic countries, India, and Brazil. The country's major exports include petroleum products and automobiles, along with pharmaceuticals, automotive components, and communication equipment.
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Innovation Hub
Sweden ranks consistently high in global innovation indices, including the Global Innovation Index and European Innovation Scoreboard. Over 3% of GDP is allocated to research and development. Sweden has made significant advances in drug development, biotechnology, and digital tools, and holds a leading global position in biobased materials, orthopedic implants, medical imaging, and regenerative medicine.
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Startup Nation
Sweden is the cradle of startups, with its two largest cities, Stockholm and Gothenburg, being home to major tech companies. Spotify and Skype are both Swedish startups.
Tax Info
Enter Dynamic Page- General CIT Rate
- 20.6
- CIT Return Due Date
- The expiration date depends on the month when the fiscal year ends (for calendar year taxpayers, it's July 1st).
- CIT Payment Due Date
- 90 days after evaluation.
- CIT Estimated Payment Due Date
- Monthly installments.
- Resident Withholding Tax (Dividend/Interest/Royalty)
- 0/0/0
- Non-Resident Withholding Tax (Dividend/Interest/Royalty)
- 30/0/20.6
- General VAT Rate
- 25
- General Capital Gain Tax Rate
- Return on capital of Swedish companies is in the tax summary.
- Composite Effective Average Tax Rate
- 19.55%
- Composite Effective Marginal Tax Rate
- 17.12%
Administrative Regions
- AB - Stockholm County
- AC - Västerbotten County
- BD - Norrbotten County
- C - Uppsala County
- D - Södermanland County
- E - Östergötland County
- F - Jönköping County
- G - Kronoberg County
- H - Kalmar County
- I - Gotland County
- K - Blekinge
- M - Skåne County
- N - Halland County
- O - Västra Götaland County
- S - Värmland County
- T - Örebro County
- U - Västmanland County
- W - Dalarna County
- X - Gävleborg County
- Y - Västernorrland County
Belonging Jurisdiction
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SE - Sweden
Kingdom of SwedenLearn MoreKingdom of Sweden -
EEA - European Economic Area
European Economic AreaLearn MoreEuropean Economic Area -
EU - European Union
European UnionLearn MoreEuropean Union -
WORLD - Global
EarthLearn MoreEarth
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