Accounting services in Sweden

Our accounting services for businesses in Sweden encompass several specialties to address the unique financial and regulatory landscape of the country. Our team of committed experts ensures exact correctness and compliance by bringing knowledge of regional tax legislation and accounting standards.

Why choose us?

• We provide accurate accounting services since we are aware of the subtleties of regional laws. Our thorough understanding of Swedish GAAP (Generally Accepted Accounting Principles) enables us to guarantee adherence to regional accounting requirements.

• Navigate the complexities of the Swedish tax system seamlessly. We have a deep understanding of the Swedish tax system, including corporate income tax, VAT (moms), and social security contributions. We assist with VAT registration as well as administration of Value Added Tax (VAT) compliance, including timely and correct reporting. It is important to point out that capital gains in Sweden are subject to taxation. The capital gains tax rate is typically lower than the income tax rate and it is reviewed and changed quite often. Also, Sweden employs a progressive income tax system, meaning that individuals with higher incomes pay a higher percentage of their income in taxes.

• Understanding Swedish corporate culture and language is beneficial. Our accounting team speaks Swedish fluently and is familiar with the subtleties of both business and society conventions in the Swedish context.

• Our strength is accurate and compliant payroll processing, considering Swedish labor laws and regulations. We provide assistance with employee salary calculations, tax withholdings, and social security contributions.

• Our accountants calculate and manage numerous social security contributions. The Swedish social security system is comprehensive and designed to provide a safety net for residents. It covers various aspects of social welfare, including healthcare, pensions, unemployment benefits, parental leave, sickness benefits, and more.

• We specialize in providing comprehensive assistance to businesses seeking to understand and effectively engage with the Swedish trade union landscape as it plays a crucial role in the country's labor market, advocating for workers' rights, negotiating employment conditions, and contributing to a cooperative industrial relations model. Many commercial areas are inaccessible without agreements with labour unions.

• We guarantee cross-border activities run smoothly and in compliance. Cross-border transactions are a regular task for our accountants. Speaking Swedish, Estonian, and also Russian with ease, we offer assistance and transparent communication to ensure a straightforward working relationship.

• You may entrust us with your monthly and annual reporting responsibilities for Swedish businesses. Financial reporting in Sweden is governed by the Generally Accepted Accounting Principles (GAAP) created by the Swedish Accounting Standards Board (BFN). The reporting requirements are in compliance with the International Financial Reporting Standards (IFRS) for bigger corporations and the Swedish Annual Accounts Act for smaller enterprises.