Sweden appeals to foreign investors thanks to its multilingual and qualified workforce, high purchasing power, an economy leading the way in new technologies and innovation, and its advantageous tax regime. Corporate taxes are among the lowest in Europe, the open and diversified economy is very competitive, the judicial system is balanced and transparent, and business procedures are simple. It’s Ease of Doing Business ranking of 10/190 is well deserved.
Sweden’s largest investors are Luxembourg, Switzerland, and UK, accounting for 40% of total FDI. Manufacturing is the FDI sector of choice, followed by legal, professional, scientific and technical activities, and the wholesale / retail sector.
Things to be aware of; labour costs are high, Sweden’s rigid legislation gives priority to worker , there’s a high household debt, and tensions in the housing market.
AUXADI can become your ideal investment partner in Sweden. From our office, located in Sweden, we offer a One Stop Shop value added Outsourcing services in the areas of Accounting and Reporting, Tax Compliance, Payroll Management and Representation services, among others.