Sweden is the third largest country in the European Union in terms of area with a population of about 10 million. The system of government in Sweden is a constitutional monarchy with a parliamentary system and an advanced economy. It is also ranked first in the world in the Economist Index of Democracy and Seventh in the United Nations Human Development Index.
Sweden became a member of the European Union in 1995 and is also a member of the OECD.
Sweden has a diversified export-oriented economy characterized by a modern distribution system, good internal and external relations, abundant labor and skilled labor. Wood, hydroelectricity and iron are the most important economic resources of Sweden, where they are largely directed to foreign trade. The engineering sector accounts for about 50% of production and exports Within Sweden, while agriculture accounts for only 2% of GDP and employment, and communications, automotive and pharmaceutical industries are very important in Sweden's economy.
The Swedish economy is characterized by a large sector of manufacturing industries, which is based on science and knowledge, an export wave and a large public service sector. It is operated according to international standards, and large economic organizations dominate the Swedish economy.
Sweden's gross domestic product (GDP) ranks ninth in the world due to rapid growth, especially in manufacturing. The Swedish central bank is one of the oldest and most prestigious central banks in the world. The level of inflation in Sweden is very low, making it a fertile environment for investment.
Important economic factors that make Sweden one of the most attractive countries for investment:
Conditions for investment in Sweden:
Types of Companies in Sweden:
1 - Private Limited Company Limited:
a small joint stock company consisting of only one member in addition to one deputy and the capital of not less than 50 thousand Swedish kroner.
2- A limited public shareholding company:
A public joint stock company, which is a private company with a large board of directors of at least three members and a minimum capital of 500 Kroner.
3 - Branch of a foreign company:
Any foreign company can establish a branch in Sweden through a branch office where the managing director is from the residents of the countries of the European Economic Area.
4 - A joint venture company owned by two or more:
is a public partnership and commercial relationship between two or more persons and partners are personally responsible for solidarity and solidarity with the possibility of limited partnership.
5 - A private company owned by only one person:
Where he is directly responsible for all debts that can be exposed and submit his annual accounts as an annex to the annual income of the Tax Authority in the capacity of personal.
Sweden became a member of the European Union in 1995 and is also a member of the OECD.
Sweden has a diversified export-oriented economy characterized by a modern distribution system, good internal and external relations, abundant labor and skilled labor. Wood, hydroelectricity and iron are the most important economic resources of Sweden, where they are largely directed to foreign trade. The engineering sector accounts for about 50% of production and exports Within Sweden, while agriculture accounts for only 2% of GDP and employment, and communications, automotive and pharmaceutical industries are very important in Sweden's economy.
The Swedish economy is characterized by a large sector of manufacturing industries, which is based on science and knowledge, an export wave and a large public service sector. It is operated according to international standards, and large economic organizations dominate the Swedish economy.
Sweden's gross domestic product (GDP) ranks ninth in the world due to rapid growth, especially in manufacturing. The Swedish central bank is one of the oldest and most prestigious central banks in the world. The level of inflation in Sweden is very low, making it a fertile environment for investment.
Important economic factors that make Sweden one of the most attractive countries for investment:
- Sweden is characterized by the value of exports exceeds the value of its imports and Sweden is a member of the European Common Market. Forests are an important resource for Sweden, accounting for about 45% of Sweden's exports.
- Sweden has achieved self-sufficiency in the field of basic foodstuffs.
- Sweden has many ports to ship goods as the government owns a good rail network.
- Swedish law guarantees freedom of the press and the prevention of government censorship even in times of war.
- Industry is an important aspect of the economy in Sweden, where there are factories for aircraft engines and diesel engines. There are also many car factories, about half of which are exported to the United States. Some areas in Sweden also specialize in shipbuilding, power supply, telecommunications and telephone equipment. Sweden's safety match-boxes were invented in 1844 and Sweden remains one of the largest producers in the world.
- Dairy, livestock and livestock farms are the main sources of farmers' income in Sweden.
- Sweden has some of the richest deposits of iron ore in the world where there are iron ore mines, which are extracted from the iron with high quality, and there are copper ores, gold, lead and silver.
- Sweden exports large quantities of paper products and imports nothing from them.
- Sweden also imports many types of transport equipment, electrical machinery and chemicals, and exports them with the same percentage of imports.
Conditions for investment in Sweden:
- Swedish laws allow foreign investors from outside the European Union to obtain a residence permit to work in Sweden provided that these works take more than three months.
- The applicant must prove ownership of the residence application for half of the company or project intended for investment.
- The feasibility study of the investment project and the statement of profits satisfactory and realistic within two years of the start of work and this period to be tested.
- Proof of the existence of an amount of money with the investor is sufficient to support and support a family during the first two years and be at least 200 thousand Swedish kroner for the investor and 100 thousand for the wife and 50 thousand for each child of the child.
- Investor must speak Swedish or English.
- Demonstrating previous experience in the field of investment in Sweden and the ability to manage it.
- The investor must have a valid passport for at least two years.
- If the applicant for the establishment of an investment commercial project student in Sweden must apply for residence before the end of the term of residence as a student.
- Sweden's Immigration Service will study investment applications and assess the economic feasibility of the project, which may take up to nine months.
Types of Companies in Sweden:
1 - Private Limited Company Limited:
a small joint stock company consisting of only one member in addition to one deputy and the capital of not less than 50 thousand Swedish kroner.
2- A limited public shareholding company:
A public joint stock company, which is a private company with a large board of directors of at least three members and a minimum capital of 500 Kroner.
3 - Branch of a foreign company:
Any foreign company can establish a branch in Sweden through a branch office where the managing director is from the residents of the countries of the European Economic Area.
4 - A joint venture company owned by two or more:
is a public partnership and commercial relationship between two or more persons and partners are personally responsible for solidarity and solidarity with the possibility of limited partnership.
5 - A private company owned by only one person:
Where he is directly responsible for all debts that can be exposed and submit his annual accounts as an annex to the annual income of the Tax Authority in the capacity of personal.
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