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Sweden – Limited Partnership (KB)
  • Sweden is a highly developed member state of the EU. It is a jurisdiction with a standard level of taxation. The rate of corporate tax in Sweden is 26,3%. However, Swedish legislation provides the opportunity for registering and using Swedish enterprises with a zero rate of tax by means of the Kommanditbolag (KB)
  • The KB is a limited partnership which has no less than two partners. One of the partners is a General Partner (“Komplementar”), while the other partner(s) are Limited Partners (“Kommanditdelagare”).
  • The legislation by default provides that operating body of a KB company is the General Partner. There are no restrictions to appoint additional persons to the position of Limited Partner(s) of a KB company. However, the General Partner bears the basic responsibility for the commercial activity and for the financial obligations of a KB company.
  • The registration of a KB is carried out by the Swedish Business Register, namely the Bolagsverket.

GENERAL INFORMATIONTotal area – 449,964 sq km
Population – 9,400,000
Location - click here to see the map of offshore jurisdictions
Political status – parliamentary monarchy
Capital – Stockholm
Official language – Swedish
Official currency – Swedish crona (SEK)
Time zone – GMT + 1
Company typeKommanditbolag - KB
Directors/OfficersSwedish KB companies require a minimum of 2 Partners, who may be natural persons or corporate bodies from any legal jurisdiction.
General Partner cannot be one and the same for several KB.
Each Swedish KB company must file a Register of its Partners with the Swedish Business Register - Bolagsverket
ShareholdersThe legislation on Swedish KB companies does not consider a status of shareholders.
SecretaryThere is no statutory requirement for a Company Secretary to be appointed.
Authorised share capital Standard authorised capital = SEK 1,000.
However, responsibility of the General Partner for liabilities of KB company is unlimited.
Company Names The name of a Swedish KB company must end with the word "Kommanditbolag".
Company names containing restricted words such as "Bank", "Insurance", "Trust", etc. will not be permitted unless an appropriate national operating licence has been obtained by the company.
Beneficial Ownership information Information with regard to ultimate beneficial ownership must be disclosed to the Registered Agent of the company and is held by the agent on a confidential basis.
Filing of Annual ReturnAn Annual Return must be submitted every 12 months after the date of registration.
Filing of Financial StatementsFinancial Statements must be filed with register of Enterprises every year. Financial Statements must be certified by a licensed auditor if particular criteria have been fulfilled (i.e., the turnover of the company for a financial year is more than 3 million SEK, and the balance of the company at the accounting date is more than 1,5 million SEK.
Corporate TaxationCorporate Tax rate for Swedish KB companies with non-resident partners is 0%.
Tax TreatiesKB companies are not regarded as residents for tax purposes in Sweden, and therefore are not entitled to take advantage of Double Tax treaties concluded by Sweden with other countries.
Timeframe for incorporation 10/15 working days. A complete set of company documents can be delivered in 6/7 weeks.
Takeover of management & secretarial services for an existing Swedish KB companyPossible, following verification of Beneficial Ownership and agreement with and discharge of liabilities to previous corporate service provider in Sweden.
Description of incorporation documentsClick here for itemised description of company documents.
"Ready-made"("Shelf") companiesToday we have 1 "Ready-made" companies available in this jurisdiction
Price of Swedish KB companyEUR 4,140, including preparation of foundation documents, registration costs, the Government Duty (at the authorized capital 1.000 SEK), translation of documents into English language, full domiciliary (Registered Agent/Office) costs, services of Limited Partner for a year. Purchase of individual General Partner has to be paid separately.
Cost of annual support servicesEUR 2,640 per year, including full domiciliary (Registered Agent/Office) costs, services of Limited Partner and legal support services for current year.
Also, there are additional fees for preparing of financial statement, depending on complicity of the statement.
  • INTERNATIONAL OVERSEAS SERVICES has the following comments:
  • The registration of a Swedish KB presents a fine opportunity of working with a fully tax-exempt entity from a prestigious European country.
  • It should be noted that a General Partner cannot be appointed for more than one KB. It is necessary to register an individual General Partner for each KB company which is usually a company from a classical offshore jurisdiction such as Belize or Panama