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Setting up business in Sweden is a smooth and rapid process. A new company can be fully functional within two to three weeks.
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Sweden is one of the world's top 10 economies in terms of ease of doing business, according to a World Bank comparison of 145 countries in 2005.
The survey includes the following indicators: starting a business, hiring and firing workers, enforcing contracts, getting credit, closing a business, registering property and protecting investors.
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Sweden’s taxation structure is straightforward and corporate tax levels are among the lowest in Europe.
The country applies participation exemption, allows full deduction for interest and has no thin capitalization rules.
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The legal system strikes a good balance between demands for security, reliability, transparency and cost-efficiency.
Standardized contracts and documentation are often used, and simple procedures for mortgaging and title registration apply.
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The quality of management and advisory services is high and business procedures work smoothly.