Accounting For foreign companies

Specialised support for foreign companies looking to establish or operate a business in Sweden

Accounting and administrative support for foreign companies

We offer specialised assistance to foreign companies that want to establish or conduct business in Sweden, most often through a branch. Our service is particularly aimed at companies that need to handle matters with the Swedish Tax Agency (Skatteverket) but lack a Swedish BankID – a common challenge for international businesses.

We can assist companies with:

Registration of a branch or Swedish limited company

We guide clients through the entire process of setting up operations in Sweden.

VAT registration & ongoing VAT returns

We handle the registration with the Swedish Tax Agency and ensure that VAT returns are submitted correctly and on time.

Employer declarations and payroll management

If the client employs staff in Sweden, we manage everyhing from employer declarations to salary payments.

Communication with the Swedish Tax Agency

We act as the client’s representative and handle all communication with the authorities, even if the client does not have a Swedish BankID.

Bookkeeping and accounting according to Swedish regulations

We manage the day-to-day bookkeeping and ensure that all Swedish accounting requirements are met.

Frequently asked questions about accounting for branches

What taxes apply to a branch in Sweden?

The branch pays Swedish corporate income tax on its profit (currently 20.6%). In addition, Swedish rules for VAT and employer contributions apply.

Does a branch need to register for VAT?

Yes, if the branch sells goods or services in Sweden, it must be VAT-registered with the Swedish Tax Agency (Skatteverket). However, there are different rules and exceptions depending on the type of business activity.

Can a branch obtain a BankID to log in to the Swedish Tax Agency and other authorities?

No, a branch cannot have its own BankID because it is a foreign legal entity. Therefore, the branch usually needs to engage a Swedish accounting firm as its representative, which can manage reporting, tax filings, and logins through its firm account.

Why does a foreign branch need assistance from a Swedish accounting firm?

Because a branch in Sweden is subject to Swedish regulations for bookkeeping, VAT, taxation, and reporting to the Swedish Tax Agency. This requires local expertise and often BankID access. A Swedish accounting firm can act as an authorized representative, handle all accounting matters, and ensure compliance with Swedish legislation.

Contact us

CHRISTIAN KROMNÉR

Certified Public Accountant & Business Advisor

Phone: 070-303 62 66
Mail: christian@revise.se