Sweden free zones in 2023
The Swedish Government operates 4 Free Zones: i) Stockholm Free Zone ii) Goteborg Free Zone iii) Malmo Free Zone and iv) Jonkoping Free Zone. These zones offer bonded warehouse facilities where goods can be stored for an unlimited period of time without customs clearance. Furthermore, permission can be granted for usage of these goods for industrial purposes within the zone.
Healy Consultants will be pleased to assist our Clients with obtaining a permit in a Sweden free zone. Please contact us for inquiries regarding this service and our fees.
Table comparing different free zones in Sweden
|Free zone comparison||Stockholm||Goteborg||Malmo||Jonkoping|
|FTZs used mostly for what purpose?||Storage||Storage||Storage||Storage|
|Average annual Industrial space rent per 1000 sq. m.||€35,000||€40,000||€38,000||€35,000|
|How long to set the company up?||3 months||3 months||3 months||3 months|
|How long to open company bank account?||3 weeks||3 weeks||3 weeks||3 weeks|
|Quality of Utilities?||Good||Good||Good||Good|
|Allowed to sign sales contracts with Swedish Clients?||Yes||Yes||Yes||Yes|
|Allowed to invoice Swedish Clients?||Yes||Yes||Yes||Yes|
|Corporate tax payable in Swedish?||20.6%||20.6%||20.6%||20.6%|
|Corporate bank account?||Nordea||Forex Bank||Swedbank||Nordea|
|Physical office space required?||Yes||Yes||Yes||Yes|
|Allowed to import raw materials?||Yes||Yes||Yes||Yes|
|Allowed to export goods?||Yes||Yes||Yes||Yes|
|Can be wholly foreign owned?||Yes||Yes||Yes||Yes|
|Can the entity hire expatriate staff in Sweden?||Yes||Yes||Yes||Yes|
|Minimum number of directors?||2||2||2||2|
|Minimum number of shareholders?||1||1||1||1|
|Tax registration certificate required?||Yes||Yes||Yes||Yes|
|Individual shareholders allowed?||Yes||Yes||Yes||Yes|
|Corporate shareholders allowed?||Yes||Yes||Yes||Yes|
|Corporate director(s) allowed?||No||No||No||No|
|Public register of shareholders and directors?||No||No||No||No|
|LLC company allowed?||Yes||Yes||Yes||Yes|
|Annual audited financial statements?||Yes||Yes||Yes||Yes|
Frequently asked questions
Do I need to incorporate a company in a Swedish free zone?No, company incorporation in the free zone is not required. It is also possible to obtain a free zone permit in Sweden for a foreign corporation.
What are the tax benefits available in Swedish free zones?Products not manufactured in Sweden and re-exported outside of the European Union will not be subject to VAT. Custom procedures are also less stringent. There’s however no corporate tax exemption in such type of free zones.