2016

Kingdom of Sweden

Brief country overview

Prepared by Start Global

Start Global — opportunities abound

№14

Ease of doing

business

(1-189) 2014*

Inflation 2014

-0.2% Paid in minimum

capital requirement USD 7310

Required share of

capital USD 7310

Time 16 days

LLC Incorporation

service from USD 3520**

LLC incorporation

Sweden has a diverse, highly competitive and successful economy

*An index created by the World Bank Group. Higher rankings (a low numerical value) indicate better, usually simpler, regulations for businesses and stronger protections of property rights. Data in Doing Business 2014 are current as of June 1, 2013

**Includes all the proper forms and support in completing them, submitting them and then entering approved company into Swedish system and set up people for payroll

***Fika is much more than having a coffee. It is a social phenomenon, a legitimate reason to set aside a moment for quality time

Sources: IMF, CIA, oanda.com, World Bank Group, www.ef.com, sweden.se, www.bolagsverket.se, www.kwintessential.co.uk

Average growth

rate of real GDP

until 2020

2.6%

GDP 2014, USD

570bln

Swedish business is characterized by

stability, consensus and long-term planning

Swedes have a tradition having a coffee

several times a day called “fika”***

Months to avoid if possible, include June,

July, August, late February through to early

March as most Swedes will be on holiday

during these periods

Languages spoken in Sweden: Swedish

71% (official), English, German, French and

others

Level of English proficiency: very high

Business culture

features

2

Kingdom of Sweden

Start Global — opportunities abound

*Includes the manufacture of motor vehicles, trailers and semi-trailers

**Includes the manufacture of fixed and mobile or hand-held devices, regardless of whether they are designed for industrial, building and civil engineering, agricultural or home use

Source: Eurostat

Motor vehicles manufacturing in Sweden is the most developed industry

Production value in the most developed industries in bln USD 2014 and CAGR (2010-2014), %

3

-0.03%

Electric-power

industry

23.1 bln USD

Food

industry

19.5 bln USD

3.27%

Kingdom of Sweden

31.8 bln USD

2.74%

Motor vehicles

manufacturing*

26.1 bln USD

2.70%

Machinery and

equipment

industry**

18.5 bln USD

-3.72%

Manufacture of

computer, electronic

and optical products

COUNTRIES

20+

CLIENTS

40+

INDUSTRIES

20+

CUMULATIVE

YEARS OF

EXPERIENCE

25+

Coverage of Start Global

Start Global will help you to enter new markets and

to arrange long-term sales partnerships

GET YOUR INTERNATIONAL ADVISER BY:

e-mail: info@start-global.biz

tel: +38 (044) 225 04 40

www.start-global.biz